9 Steps to Reduce IT Costs in 2023
Amidst growing inflation, big and small businesses are looking to cut costs to stay competitive. According to Gartner, reducing IT costs is a top priority for 40% of CFOs. Cost-saving initiatives usually focus on firing people or getting rid of un(der)used technology. This might work in the short term. For example, the IT cost reduction strategy of renegotiating service level agreements and software licenses with your service providers can impact the bottom line.