Money doesn't grow on trees, but there are ways to realize savings that will fund IT projects. At Stratix, our Telecom Expense Management (TEM) service saves customers an average of 4 percent on connectivity costs. In one case, we saved a customer over a million dollars in one year. That's money that can be reinvested in digital transformation initiatives.
Apple devices also have higher residual values—meaning devices can be traded in to fund new devices or factored into financing payments to make devices more affordable.
Another way to offset costs is what you do with old technology when it reaches end of life. Stratix partners with Jonathan's Landing for IT Asset Disposition (ITAD). The nonprofit group helps create a life of dignity, purpose, and belonging for neurodiverse adults through careers in IT. Instead of selling old devices or scrapping them, companies can donate and get maximum value for them—even after they've been fully depreciated. It's a win-win where companies recoup more of their technology investments while helping a good cause.
The bottom line: businesses can help fund digital transformation by leveraging cost-saving strategies like Telecom Expense Management and strategic IT Asset disposition to reinvest in critical technology upgrades.
