TechTalk Detroit EP 021: 3 Ways to Reduce IT Costs

3 Ways to Reduce IT Costs


Whether you have an internal IT department or work with an IT partner, here are 3 ways for you to reduce your IT costs without sacrificing productivity.

1. Cloud Implementation (3:13)

Contrary to popular belief, transitioning to the cloud can be less expensive than hosting on-premise servers. Some other benefits of the cloud include:

  • Reliable data security.
  • The capacity to scale up or down your data storage on a month-to-month basis.
  • Microsoft 365. (04:20)
  • Predictable cost advantages. (05:58)

2. Leasing Servers (08:10)

With low interest rates (2-3% average), if your IT infrastructure needs to be brought in-house, leasing servers is a great option.

3. Outsourced IT or Co-Managed IT (12:32)

  • A great alternative to hiring a larger team of IT professionals.
  • A reputable IT partner brings a team of IT professionals who are up-to-date on the latest IT certifications.
  • A co-managed partner can bring expertise and guidance during the planning and execution of IT projects.
  • Due to partnerships, managed service providers have access to hardware discounts that you can take advantage of.

Regardless of what you choose, long-term planning is the most important part of budgeting. (17:44)

3 Ways to Reduce IT Costs Info Graphic