With a potential recession looming on the horizon, organizations are dealing with unpredictability and shrinking budgets. Here are three things you can do today to take back control of your IT priorities and spend, de-risk your business and turn economic uncertainty into opportunity.
Consolidate app security, Zero Trust and networking services into one cost-effective platform with a lower total cost of operation (TCO). By shifting your investments from CapEx to OpEx, you can make immediate improvements to short-term cash flow and insulate your organization from legacy hardware vendor price increases. This will help ensure that your highest priority initiatives remain funded, even if budgets decline.
Chip shortages and inflation are leading to massive backlogs for traditional IT hardware, delaying projects by over a year in some cases. Organizations are being forced to make premature CapEx investments today just to secure inventory. This is introducing additional pressure on already tenuous cash flows. With a shift to as-a-service, you can break free from hardware supply chain delays and close performance and security gaps immediately.
In times of uncertainty, your organization needs to remain agile and responsive to changing market conditions. Consolidating you networking and security services into a global platform that is easy to deploy, expand and resize will help to ensure that you can rapidly adapt your business, without sinking more capital into short-lived hardware solutions.