In ‘COVID-19 Response: Top 7 Cost Reduction Actions for I&O Leaders’ a report published by Gartner last year, the analyst was already weighing up the benefits of short-term cost reduction strategies over longer-term cost optimisation to help businesses stay afloat during what was set to become a global pandemic.
Few businesses escaped the impact of the virus, as the threat to both lives and livelihoods became frighteningly real. In 2021, the shockwaves of a year in lockdown are still being felt, with businesses looking at ways to manage operations cost-effectively by implementing budget cuts across every department, including IT.
In the report, Gartner encouraged Infrastructure & Operations (I&O) leaders to identify and execute cost reductions across the board – with an important message around asset management. One of the seven cost-reduction strategies mentioned in the report is, “Minimize Asset-Related Investments”. Among the suggested ways to do so, Gartner lists “Use third-party maintenance to extend the life of assets” and “Defer upgrades”.
As an experienced third-party maintenance provider, Evernex offers a sensible alternative to costly OEM contracts. We will continue to support your IT assets beyond the end of their manufacturer warranty or service agreement, prolonging their useful life.
Join other smart business leaders using third-party maintenance providers like Evernex to leverage existing IT infrastructure and get more life out of legacy systems while leaving a lighter footprint on the planet.
Access the full report today and discover how to reduce IT spend by implementing near-term cost-reductions without risking long-term organisational resilience or delaying digital transformation.