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Three Ways to Invest in IT During an Economic Downturn, While Keeping Costs Low

By: Ishan Anand | March 10, 2023
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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:

  1. Invest in the edge

  2. Beware of tool sprawl tax

  3. 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.

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Move to the Leading Edge

Get the information you need. When you’re ready, chat with us, get an assessment or start your free trial.

blog-hero-strategy-02
Blog

Three Ways to Invest in IT During an Economic Downturn, While Keeping Costs Low

By: Ishan Anand | March 10, 2023
Print Article

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:

  1. Invest in the edge

  2. Beware of tool sprawl tax

  3. 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.

Hero Texture Shield 2000x1220

Move to the Leading Edge

Get the information you need. When you’re ready, chat with us, get an assessment or start your free trial.