AVO Chief

In a down economy one of the first reactions that companies may try is to reduce their IT Operating Expenditures (OPEX) across the board. While this may bring down IT costs it may also bring down overall revenue over time. Studies conducted by Dr. Howard Rubin on 400 companies during the the 2001-2003 recession actually show that it is in a company’s best interest to optimize IT spending instead of merely cutting IT costs. This approach is actually part of the Business Agility mantra. Companies that understand how to optimize their IT spending will be better able to achieve the agile business models they need. The study found that winning companies applied the following six steps: 1. Optimize Costs – this doesn’t mean to just cut costs but to cut the right ones .This … Read entire article »