The Role of Technology in Cost Optimisation: Tools and Techniques for Savings
Cost optimisation is inevitable for enterprises in today’s competitive business environment. As margins become wafer-thin, profits come through cost cuttings and efficiency improvements. Here is how businesses can apply technology to optimise costs and the top tools to realise these ways. 1. Streamline processes In most enterprises, processes become inefficient over time. Bureaucracy makes some […]
Top Five Reasons Enterprises Overspend on the Cloud
The cloud offers significant cost savings and other benefits. But operating a business in the cloud differs from running a business using on-premises systems. Many enterprises get carried away and overspend on the cloud, negating the advantages. The cloud spares the enterprise from investing huge capital upfront. But the cloud attracts higher operating expenditures. Service […]
Project Cost Optimization Tips When Innovation is Your Priority
Cost-cutting is the norm in today’s recessionary and disruptive business environment. Companies face multiple challenges, such as low demand, wafer-thin margins, and hyper-competition. Amidst such challenges, they need to invest in innovation for competitive differentiation. In such a state of affairs, simple expense-line trimming no longer suffices. Enterprises have to optimise the business value of […]
