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MENLO PARK, USA: Intelliden Inc., provider of Intelligent Networking solutions that enable organizations to control, manage, and scale their networks has outlined five key strategies to help network and IT managers both navigate the current downturn and also ensure their companies are best placed for the economic upturn.
"There is a tendency for companies to simply cut costs and then hibernate to ride out economic recessions," said Alan Black, CEO of Intelliden. "However, as history has shown, by taking smart, pro-active steps during a downturn, technology managers can help their companies be much better placed when the upturn arrives. The current economic downturn will undoubtedly end at some point and those companies that are leaner, fitter and more innovative will likely have the most to gain from the upturn."
Intelliden has outlined five key strategies for network and IT managers that address these points. These include:
1. Control cost without compromising the business
Technology managers need to harness technology that tackles the most obvious and easiest cost savings, especially if they find themselves resource constrained. Greater automation, and recovering stranded or lost network assets are two easy ways of cutting costs and controlling expenses.
Network automation is of particular value in resource constrained environments, particularly for companies with a hiring freeze. Automation of key network configuration management, compliance and provisioning processes enables companies to do more with less. Likewise, recovering stranded and/or lost network assets enables companies to extract ROI from past investments.
For example, according to a recent study by the Yankee Group, up to 35 percent of tier one communication service providers' network assets and resources are stranded, which can translate to a cost of hundreds of millions of dollars. Rationalizing technology infrastructure through initiatives such as virtualization and data center consolidation will also help to reduce operational costs.
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