4 Smart Ways to Spend Your Year End I.T. Budget

By RMON Networks | November 29, 2016

The end of the year is fast approaching. People are getting excited about the holidays. People are looking forward to spending time with family and friends. But that’s not all that’s going on in the minds of IT professionals. They are looking their remaining budget, and thinking about what to spend it on.

Here’s an idea. A smart way to use the remainder of your budget would be to focus on products or services that you know you will likely need, or have been needing. Buying at the end of the year can have great tax benefits! Plus, manufacturers often have aggressive year end offers to increase their sales, enabling you to stretch your budget further!

Here are 4 great ways to use that end of year IT Budget

Hardware: New Workstations, Laptops, Tablets, Servers, Network Security Appliances

Services: Take deductions and pre-pay for services such as a network overhaul or support services.  The organization can realize the spend for this year and create flexibility for next

Solutions: Evaluating Disaster Recovery solutions and being able to start a new calendar year with a solution that will appease various Company Execs, Board Members, Customers or Insurance Companies

Software: Evaluate software versions and get the company on the same platform if they are not unified.

It seems more and more we need to do more with less. That can make the end of the year an excellent time to help you be more prepared to take on your challenge in 2017.

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