The digital transformation has ushered in tremendous opportunities for business growth. However, between tightening budgets and the evolving needs of your clients, it can often feel as though the only thing growing is your IT infrastructure. If this sounds familiar, you’re not alone: Research shows that of nearly $600 billion spent on digital projects, two-thirds was invested in projects that fall short of expectations and ROI.
Technology accounts for 40% of the entire capital equipment investment of the world’s mature economies. Simply put, it’s not going anywhere. As businesses look to boost their IT bottom line, more leaders are embracing cloud solutions that offer flexibility, predictable costs and streamlined management.
There’s a reason why 67% of the S&P 500 will transition out of their legacy systems within 10 years: enterprise systems bring inflated, and typically unpredictable, costs. As you grow your business, consider Desktop-as-a-Service (DaaS) solutions, which offer fixed, pay-as-you-go pricing. The more predictable your IT costs, the better your cash flow and budget allocations for business-boosting activities.
Managing multiple desktops and applications steals away precious time. If your IT team is bogged down with software updates, patches and ongoing maintenance, it keeps them from their most important work: strategic initiatives that will take your business to the top. The most effective tech solutions streamline your data and teams, all the while boosting productivity and staff satisfaction.
Increased productivity is just one reason why the use of business mobility solutions is expected to increase by 40% by 2020.
If the digital transformation has taught businesses one thing, it’s to value flexibility. To clamp down on unnecessary IT infrastructure growth, explore cloud solutions that scale up or down based on your business’ needs. This has a lot to do with your IT bottom line, but it’s also key to leveraging opportunities to grow your business at the right time.
As businesses continue to embrace, and refine, their IT strategies, more savvy leaders are opting for cloud solutions.