A recent CIOUpdate.com article says IT managers can make budget cuts with these four tips. Ask yourself the following questions, and see where you can save money.
1. Does the company hold excess or unused software licenses for which maintenance is being paid that could be eliminated?
2. Can fees for services be reduced in exchange for a reduction in service levels from “optimal” to “adequate?”
3. Will vendors discount fees for their current (non-value creating) services now to ensure a chance at renewal when contracts expire in the future?
4. Will vendors convert fixed-cost IT service contracts to variable-cost IT service contracts in exchange for an extension of the contract expiration date?
What do you think, are these budget cut tips Hype or Ripe?