Newest global spending trend puts spotlight on affordable IT solutions

Posted on Oct 19 2017 - 12:35pm by Upgrade Staff

As businesses all over the world continue to bolster their Information Technology (IT) infrastructure, Lenovo, a global technology brand, notes that an emerging trend among companies is unfolding, one that focuses on getting the most value by acquiring products and services for a lower cost while maintaining high-quality performance.

Citing a global study by research firm Gartner that shows how companies are now turning to new digital alternatives to save money, simplify operations, and foster business agility, Lenovo Philippines country GM Michael Ngan explained that companies are now more strategic when it comes to deciding on how to allocate budgets for IT resources.

“The digital transformation wave that we are experiencing today is not new. In fact, it is unheard of for a company, regardless of whether big or small, to not employ any digital tech at all. And as companies become much more attuned to technology, they become aware and knowledgeable of new products that significantly cost less than others while having the ability to produce the same results, and in some cases, better ones,” Ngan said.

As an example of this, Gartner, in its report notes that the US$22 billion that companies historically would spend in 2016 for on-site IT hardware will shift towards Infrastructure-as-a-Service (IaaS). Rather than maintaining and upgrading IT hardware in-house, companies will increasingly outsource that task to cloud service companies for a lower monthly cost. Gartner says that organizations shifting infrastructure and services to the cloud do so because they want to increase their competitiveness and gain better control over costs.

READ:  Almost two-thirds of Filipinos believe robots will take jobs away from many of them

Altogether, the research firm expects this shift in IT spending towards cloud services to affect US$1 trillion by 2020.

Lenovo believes that this trend of adopting cost-cutting IT tools will eventually lead to another one — the choice to partner with an end-to-end solutions provider that not only can provide Cloud services, but can also manage other IT requirements.

“This ongoing trend of putting affordability first will lead businesses to seek an end-to-end IT services provider that can provide and customize solutions, enabling them to better match their needs and manage IT spending,” said Ngan.

As the name suggests, an end-to-end IT service is composed of customizable solutions that cover all the essential aspects of IT infrastructure, such as security, connectivity, hardware, software, just to name a few. Since maintaining all those elements can put a tremendous strain on a company, especially to those who does not specialize in IT, engaging an end-to-end solutions provider would be a good option for businesses to receive the necessary expert support from purchase to deployment stage, as well as increase efficiency and productivity.

As a technology partner for businesses, Lenovo recognizes the difficulty of choosing the right partner or solution, and addresses these issues with its innovative business solutions. It covers all the essential aspects of IT infrastructure in its single-vendor technology ecosystem dedicated for enterprises of all shapes and sizes. Lenovo is working with various companies to tailor-fit solutions based on the latter’s needs.

READ:  Ransomware attacks targeting Android-based devices increased four-fold in just one year

Related Posts

ePLDT, PLDT Enterprise partners with ACCA for Digi... ePLDT, Inc. collaborated with Asia Cloud Computing Association (ACCA) and PLDT Enterprise to bring the ‘Digital Thought Leaders’ Summit: The Free Flow...
Square One BGC opens as co-working space in Bonifa... Square One BGC opened its doors as the newest co-working space in Bonifacio Global City in Taguig. According to Eli Yaneza, manager for business ...
Web filtering for business: Keep your secrets safe... By Alan Zeichick Web filtering. The phrase connotes keeping employees from spending too much time monitoring Beanie Baby auctions on eBay, and stoppi...
Lazada Philippines ends ‘Online Revolution&#... Lazada Philippines is set to culminate its Online Revolution campaign with a Grand Christmas Sale, which is slated to happen from December 7-12. I...
Tech giants lay out strategies for channel network... MACAU — At the Canalys APAC Channels Forum held in Macau recently, the term “simple” was the common root word uttered by technology giants Dell EMC, H...
Lenovo’s Vibe X2 smartphone is fast and styl... Lenovo has unveiled the speedy and "multi-layered" Vibe X2 smartphone, which has a 5-inch screen and an 8-core, 32-bit processor from MediaTek. Med...
Obfuscation tools and cybercrime as unseen dangers By Derek Manky Global Security Strategist, FORTINET Ever since the arrival of advanced persistent threats, obfuscation technologies have exist...
FINTQ, Grab sign pact for financial enablement of ... FINTQ, the financial technology arm of PLDT and Smart’s Voyager Innovations, is working with Transport Network Vehicle Service (TNVS) Company Grab Phi...
Transcend debuts SSD220S solid-state drive Transcend Information announced the availability of its solid-state drive for system builders looking to speed-up their system boot-up times and appli...
Lenovo ushers in a slim laptop for SMBs Lenovo has launched the M490s, a thin and light laptop powered by 3rd generation Intel Core 3 processor in a 14” HD LED display ideal for SOHO and SMB...
About the Author

Leave A Response