Financial Services: Top IT Cost Management Focus Areas

Author(s): Mushtari Afroz

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Many enterprises have very lean IT departments to keep departmental budgets under control. Info-Tech recently surveyed 188 different enterprises about their IT cost management initiatives. This group included 34 enterprises from the financial services industry. Use Info-Tech's analysis to guide future decisions concerning IT cost control or cost reduction plans.

Servers & Storage Wins the Contest

When it comes to deciding where to focus cost management efforts, financial services firms show a clear preference for:

  • Servers and storage
  • App development
  • Workstations

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