In times of economic uncertainty, many businesses look to cut costs wherever possible, including in their IT departments. However, this short-term thinking can lead to long-term consequences, as companies miss out on opportunities to improve efficiency, reduce costs, and increase revenue.
So, how can businesses continue to invest in IT during a recession without breaking the bank?
As seen on CIO.com, this article by Edgio’s Ishan Anand, VP of Product - Applications, explores three strategies for investing in IT that prioritize cost savings and ROI during an economic downturn:
Invest in the edge
Beware of tool sprawl tax
Don’t skimp on security
Finding an edge-enabled solution that integrates application security and performance into the development of process will create efficiencies, compliance facilitation and cost reductions. And, ultimately, businesses that invest in IT during an economic downturn will be better positioned to adapt to changing market conditions and emerge stronger and more resilient in the long run.