According to research from Compass Management Consulting, businesses are paying up to 40% more than necessary for IT services due to a range of factors such as unnecessary customisation, redundant capacity, unconstrained consumption and inflexible contracts. According to the report, organisations have been successful in realising IT cost reductions of 8-15% on average, but by adopting standardised IT services they could achieve savings of up to 40%. Although the prices of hardware, software and services have fallen considerably in recent years, business spending on IT has continued to rise. The study claims this is due to the cost of over-configuration, under-utilisation and poor supply and demand balance. Related Posts:New Review Highlights Time and Cost Savings By Simplifying IT Security OperationsHalf[…]