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Many enterprises have very lean IT departments to keep departmental budgets under control. Info-Tech recently surveyed 188 enterprises about their IT cost management initiatives. This group included 33 enterprises from the professional services industry. Use Info-Tech's analysis to guide future decisions concerning IT cost control or cost reduction plans.
When it comes to deciding where to focus cost management efforts, professional services firms show a clear preference for the following three IT service areas
These focus areas are typical across all industry verticals. Close to 50% (high focus) of all surveyed enterprises have taken cost management initiatives in the area of servers and storage followed by 45% in discretionary spending and 37% in application development. Interestingly, unlike professional services, peers in other industries placed a larger emphasis on network and telephony (44% ranked as high focus) than on application development to manage IT's cost.
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