Overcoming the Economic Downturn with a Better IT Strategy

While many SUV drivers are celebrating a recent drop in gas prices, most of us here in Calgary are feeling the economic stress of a much more significant economic change in the oil and gas industry. Oil and gas is the lifeblood of our community, and the downturn affects not just energy enterprises but every other organization as well.

As business leaders seek ways to save money, one area that should be addressed is IT – infrastructure and strategy. Over the next few months, we’ll explore cost-savings measures that businesses can take to better manage IT costs, leverage IT support, and survive a tightening of the belt that may be required.

Reducing the Cost of IT Infrastructure

There are three primary ways an organization’s IT infrastructure can cost more than it should: one, when it’s outdated and requires unexpected and costly repairs; two, when it’s owned and stored by the organization; and three, when it is poorly managed.

Outdated IT Equipment

The cost of investing in new servers and equipment can be exorbitant and possibly exceed your budget limitations. But not replacing outdated equipment can also put your entire organization at risk in terms of significant downtime, unexpected repair costs, and a loss of customer loyalty.

Who Owns the Risk?

If you have your own bank of servers, you’re dealing with enormous costs beyond just the initial cost of the equipment. Who are you paying to maintain the servers? How much energy are you consuming to keep the servers cool? What kind of maintenance costs must you expend to keep them running? How are you handling offsite backup and recovery? How does it impact your accounting as you are forced to treat IT costs as capital expenditures rather than operating expenses?

The Cost of Poor IT Support

Whether provided by an internal staff or a sub-par external provider, when IT support goes wrong, it can be costly. Not only can poor IT support result in costly labour waste and downtime, but you lose the one essential factor you need when working with a Managed Services provider: trust.

Cost-Effective IT Infrastructure Solution

Organizations of all sizes and types can benefit from making changes to the way they approach IT infrastructure and support. By leasing servers or enlisting the services of a hosted service provider, significant savings can be realized, including:

  • Reduced maintenance costs
  • Reduced capital expenditures
  • Reduced risk of downtime
  • Reduced risk of lost business
  • Reduced labour costs

By reducing the cost of IT, you can avoid making cost cuts elsewhere (layoffs, benefit cuts, etc.).

The ITeam provides essential IT support to Calgary businesses, with fully managed and customized services designed to meet the needs of your business. The ITeam will work with your Alberta business to customize a cost-effective solution and help you develop a comprehensive IT strategy that will help you survive economically stressful times. Contact us for a free consultation.

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