Latest News  

CGS: Four difficult 2017 IT budget items

According to CGS data, most companies have the basics of IT budget planning down. They have a plan for refreshing their hardware and software, and then they follow the hardware planning rules of thumb.

2017-02-14 10:58:14

One of the main topics to be addressed when talking about budgets, is the IT costs management. According to CGS, "the cost of managing IT is complicated. There are many different aspects to it. For example, the cost of managing security, systems administration, desktop support, planning, strategy, etc. The number one realization leaders must have is that it is highly unlikely that your internal team has all of the skills and expertise to accomplish all that you need. IT is just too complex of a field to know it all, and subject expertise matters.

One of the biggest mistakes companies make is that they only budget for their internal team to do all of the work, not realizing that their risks are increasing and when something goes wrong. The unplanned costs of remediation will be multiples of planning for expertise from the beginning.

The best way to get started with what to budget in-house versus using an IT partner is a skills survey of your current team. What certifications do they have? Do they have relative experience in security, database administration, or systems administration?

Many IT functions need to be scheduled on a weekly and monthly basis, and MSPs have specialty software and engineers who can accomplish those functions far faster, and with greater accuracy than an in-house team.

According to CGS, "for some companies, outsourcing certain types of work is emotional. There is a common idea that outsourcing is taking away jobs, but the reality is this: the work is simply being shifted to another company. It is very similar to the trend for companies to use accounting firms to handle their taxes. Tax law has much in common with IT. They are extremely complicated and change every year. It is not that internal financing and accounting people cannot learn and keep up with tax issues, but it is such an important subject they find that specialists help them avoid mistakes and add long-term value.

One of the biggest advantages of outsourcing is getting the benefit of deep expertise for the time that you need it. Most companies with fewer than 250 employees do not need a full-time CTO or security expert, but they can certainly benefit from the wisdom and experience of one during key intervals in their IT cycle."

Cloud vs. Premise Based Technology – The right implementation

According to the company blog, "there are few phrases in use today that have caused more confusion than the idea of ‘cloud computing.' The cloud is nothing more than connecting hardware and software through internet connections. The core idea is simple, but the right implementation strategy is complicated and must be customized for each company.

The first step in understanding whether or not hardware or software should move into the cloud is to do a review of the limitations. Questions arise including: what are the downsides? Are there any connectivity or latency issues? How will users gain access? How many simultaneous users can be supported, etc? There are many variables. If you are unsure of what variables apply to your situation, ask for expert help from an MSP. Most MSPs have specialty programs that help them work through the unique variables that apply to each client.

Once you have determined that the cloud is a viable option, the next step is to calculate the cost of owning the hardware or software, versus moving it to the cloud. The cost of supporting your hardware or software should include the full costs of purchasing, software licensing, technical support, upgrades, patching, etc. Do not overlook or underestimate the "soft costs" of supporting your hardware or software. Many companies vastly underestimate the time and difficulty of staying current with their hardware and software, especially when it comes to employee churn. Sometimes, the tribal knowledge that goes out the door is very difficult to replace in an affordable manner."


0 COMMENTS ^ Go back to Top
WRITE A COMMENT ^ Go back to Top
 
Your email address will not be published.
Nickname
Email
Comment
Validation Code
   
 
 
NEWS
Cushman & Wakefield Echinox: StreamWIDE joins the new IT hub created in the Timpuri Noi Square project

StreamWIDE, a company specialized in the software and telecommunications industry, realocates its office in Bucharest in the Timpuri Noi Square project, joining the new IT hub created in the business park devel

 Read Full article »
CBRE: Office deliveries expected to bring new stock of 635.00 sqm, Bucharest to reach 3.9 mln sqm modern office spaces

During 2020–2021 to approx. 635,000 sqm of modern office space are expected to be delivered on market, increasing the Bucharest modern stock at approx. 3.9 million sq m, a step closer to a new a threshold and

 Read Full article »
Uber opens at Bucharest the largest support center to drivers and business partners in CEE

Uber company launched this week in Bucharest the largest center in Central and Eastern Europe that offers assistance to drivers and business partners in Romania, a center where they can contact directly Uber re

 Read Full article »
Samsung and Orange Romania activated the 5G VR Live streaming at Untold Music Festival in Romania

Samsung Electronics and Orange Romania have successfully deployed a 5G New Radio (NR) network to demonstrate a series of 5G use cases at Untold Festival 2019, the largest annual dance music festival in Romania,

 Read Full article »
MVP Lab in Sibiu named as one of Europe's best in the "Ones to Watch" list at European Business Awards

Ropardo MVP Lab has been named as ‘One to Watch' in Europe in a list of business excellence published by the European Business Awards, one of world's largest and longest running business competitions.

 Read Full article »
Endava marks one year since IPO

Endava, one of the most important software companies, present on the local market with 7 delivery centers, reaches an almost double capitalization, 2.07 billion USD, on July 26, 2019, one year after listing. Th

 Read Full article »
Infosys opens cyber defence centre in Bucharest

Infosys, a global leader in next-generation digital services and consulting, announced the launch of its Cyber Defence Centre in Bucharest, Romania. The Defence Centre is an expansion of services delivered thro

 Read Full article »
QuEST Global completes integration of IT Six Global Services

QuEST Global, a global product engineering and lifecycle services company, has successfully completed the integration of IT Six Global Services SRL. QuEST Global acquired IT Six, a software engineering services

 Read Full article »
RE MAX Romania opens three more offices

RE/MAX Romania has expanded its network, adding three new offices – RE/MAX Partners in Cluj, RE/MAX Quality in Sibiu and RE/MAX Prestige in Targu Mures.

 Read Full article »
Microsoft and OpenAI form exclusive computing partnership to build new Azure AI supercomputing technologies

Microsoft Corp. and OpenAI have partnered to further extend Microsoft Azure's capabilities in large-scale AI systems, according to a release of Microsoft.

 Read Full article »
 
 
 
MOST READ ARTICLES
» Shifting the workplace perspective tow...
» SMEs, micro-enterprises can access fun...
» Opinion: Why Canada, Asia and Australi...
» TELUS International continues partners...
» Olivier Hecq, Head of SSC IT, SGEBS:" ...
» ABSL presents the 3rd edition of Iasi ...
» More than 500 business leaders at the ...
» IT and BPS to ensure most of the Roman...
» Connections signs partnership with UiP...
» Business in the service of a higher pu...
 
EDITOR CHOICE
Workplace of the Future conference to take place on November 20th at Bucharest

The Diplomat-Bucharest together with Outsourcing Today organize the 3rd Edition of WORKPLACE OF THE FUTURE, on 20th of November 2019, in Bucharest, at Capital Plaza Hotel.

 Read Full article »
Strategic Talent Acquisition at People Empowering Business Forum on October 30 in Bucharest

Latest trends like demographic upheaval, globalization, digital technology, and changing social values and worker expectations, are disrupting business models and radically changing the workplace. These are req

 Read Full article »
Informal IT School and UiPath launch an educational program for RPA development to start in October

Informal IT School announced a partnership with UiPath to launch an RPA development educational program of five months, 100 hours of courses, five days a week. The program will run in Cluj-Napoca.

 Read Full article »
Impact Hub Bucharest joins 3house to manage three coworking spaces in the city

Impact Hub Bucharest, a coworking spaces manager and developer of accelerator programs and events merged with 3house, a new concept of workplace launched in 2018. By this, Impact Hub reaches 3 locations and 6.7

 Read Full article »
JLL: Total office space in Bucharest to reach 3 million sqm

The second quarter of 2019 reconfirmed the increased interest for the office market in Romania. Over 115,000 square meters of office space were leased over this period at the national level, a value similar wit

 Read Full article »
Latest News  
 
about us | newsletter | contact | members area | GDPR policy
Copyright © 2015 by Diplomat Media Events Design by Diplomat Media Events