Forty-two percent of CIOs suffered budget decreases in the first quarter of 2009, and IT shops on average slashed budgets by 4.7%, according to new research published by Gartner.
As the recession rolls on, there's no question that budgets will be further scrutinized. As a CIO it's time -- if you haven't done so already -- to get your hands dirty. Translation: CIOs need to look harder than ever at the IT budget before it hits the CFO's desk.
As the economic crisis continues, technology leaders are faced with the challenge of considering how best to trim the fat out of their budgets. While some steps are obvious and necessary, others can be like a diet you've been cheating on -- you know what you should be doing, but you don't always follow through. Here are 10 ways CIOs are doing more with less in tough economic times:
Start by ferreting out those "noncore expenses" -- what lies beneath overhead costs (think telecom costs or travel.) Cuts here could trim your overall budget by up to 10 percent.
Sidekick: The Good News & the Bad News Either way you look at it Microsoft Data Center management did not follow standards or best practices in this failure. In which case it makes me wonder more about the outsourcing of corporate data much less personal data.
- mburton325
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