ways to reduce your IT and telco expenditure
If you’re looking for ways to streamline your technology expenditure and get the most for your money, here are 5 ideas to get you started.
As well as saving money up-front, these options could also reduce your ongoing costs and improve cashflow in the longer term.Improve cashflow
Improve cashflow and save money by moving to an OpEx model
With expensive equipment only depreciating in value, an OpEx approach to your IT infrastructure is often a better financial decision than CapEx, and will enable you to benefit from the latest technology without the cost of ongoing maintenance and upgrades.
Moving to a Managed IaaS solution will make it easier to fund multiple investments in your IT without tying up cash in large up-front expenditures. Our Reliance 2 solution can also reduce security threats and help avoid the risk of unexpected expenditure and business downtime.
Save time and money by consolidating tools
As Teams increasingly adds new features and integrations, utilising it for a wider range of tasks could improve your productivity and enable you to move to one app for multiple functions.
Features such as the integrated planning board, list tool and shift scheduler can replace other apps you may currently be paying for. This will enable you to reduce costs spent on multiple tools, and streamline processes to save time and money across your business.
Microsoft Teams is included with Office 365, so make the most of your subscription by using it fully.
Invest a small amount now to protect you from expensive risks later
As has been proven time and time again, ransomware and other cyber-attacks can be hugely costly to businesses, both through restoring systems and data, and the downtime involved.
With increasing levels of permanent or long-term homeworking, security measures now need to be extended to ensure they cover all endpoints, both in and out of the office.
By investing a small amount in getting your security on point now, it can save you a much greater amount in the long run, and give you one less thing to worry about.
Get ahead of the curve and save money sooner
Migrate from ISDN to SIP
You’ll probably be aware that BT’s upcoming ISDN shutdown in 2025 will mean you need to migrate to SIP trunks. But did you know that SIP is actually cheaper than ISDN? As well as being a great way to save money, SIP is much more resilient and scalable than ISDN, so there are significant monetary and practical benefits in migrating sooner rather than later.
It also means that you’re no longer reliable on physical infrastructure and the risks that brings. With SIP, you’ll no longer be reliant on traditional phone lines, which offers additional benefits to your business continuity.
Reduce your costs while increasing your resilience
Phone system virtualisation
If you’re currently using an on-premise phone system, moving to a virtualised environment will not only be more cost-effective but will also increase your resilience and reduce the risk of costly downtime in the case of a problem.
With fewer setup costs and lower system maintenance costs than a traditional on-premise phone system, moving to a virtual environment means you can build in significant failover capability, with the addition of multiple servers, hard drives and power supplies. This additional resilience ensures business continuity and helps prevent the loss of business caused by phone problems.
Get in touch