In recent years, companies, particularly small and medium sized businesses, have become more and more aware of the need to reduce their IT spending. They may not be able to accomplish this in the most traditional way; for decades it has been possible to ‘get more from less’ expenditure on electronics because first transistors and then other microelectronic components were becoming increasingly efficient by leaps and bounds.
Experts see that situation beginning to reach a breaking point, however, due to a phenomenon known as Jevon's paradox, which states that as a resource is used more and more efficiently, it also tends to be consumed at an ever-greater rate despite these increased efficiencies. Gasoline is a case in point. The very existence of more efficient engines has meant the production of many more total engines, leading to an overall increase of consumption. Something similar is now occurring in the electronics and computing fields.
For businesses, this means that additional cost savings probably need to come from thinking that is ‘out of the box’, consisting of creative ways to leverage technology at a lower overall cost. A sound solution for small and medium sized businesses looking to lower their costs is to work closely with an IT consulting firm with expertise and experience in this area.
Such firms make it their business to stay up to date with the latest developments in the computer world. This means that the businesses that work with them will have a head start over their competitors. They will be able to leverage new IT solutions and approaches before these ideas become mainstream and spread into the general consciousness of the business community.