3 tips for managing your IT budget

The value of IT in today’s tough economy: projects that slash the cost of doing business.

Gone are the days of improving your IT infrastructure. Welcome to initiatives with fast ROI and sharply aligned business goals.

The folks at Computerworld offer these tips for the coming year:

  • Stay one step ahead: Consider technologies that will get things done faster, better and cheaper using consumer-like tech, such as the Cloud, SaaS apps, netbooks and smartphones.
  • Keep vendors on their toes: Look for alternatives to big name suppliers. Products may be cheaper and you’ll improve your bargaining position with the industry leaders.
  • Plan for the worst, hope for the best: While many experts predict IT budgets will be flat for 2010, economic growth is predicted by year’s end. Be prepared to revise numbers upward if that happens.