14 Ways You May Be Wasting Your IT Team’s Budget
In the article, Michael Hoyt points out that many IT teams waste valuable budget dollars on redundant products and services due to a lack of competitive shopping and vendor evaluation. He emphasizes the importance of reviewing overlapping tools and consolidating services to eliminate unnecessary costs and improve financial efficiency.
Many IT teams waste budget dollars on redundant services and products, and they don’t do competitive shopping. Companies tend to have many services and products that overlap, and it is easier to just keep paying for each service or product than to consolidate and reduce costs. Many of these products and services are never shopped—companies just use their standard, everyday vendor with no consideration of prices. – Michael Hoyt, Life Cycle Engineering, Inc.
Read the full article to learn all 14 ways IT leaders may be wasting their budgets
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