IT Cost Optimization in Recessionary Times Storyboard

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The widely predicted recession is already pushing many organizations across multiple industries to the breaking point. CEOs and CFOs are thinking more about survival than growth, which will force a round of cost cutting across all departments to create short-term, immediate, and measurable impact. Use this blueprint to :

  • Effectively respond to the recessionary crisis while also setting IT spending goals for recovery and expansion.
  • Identify specific business-aligned cost optimization opportunities across four broad IT cost categories – vendor management, asset optimization, project prioritization, and workforce optimization.
  • Build an action-oriented cost optimization roadmap and communication plan based on your specific circumstances and timeline focus.

Many IT departments will be hard-pressed to meet cost-cutting targets at short notice. Ensure that any planned cuts are deep enough and help a lot more than they hurt.

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IT Cost Optimization in Recessionary Times

A recession is looming. The result? You may be asked to cut costs … and to do it right now.

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