Some to effective tips to reduce IT costs

Each business tries to cut as much cost as it can to it keep a higher ROI. The budget of an organization on information technology is headache-inducing for the finance department. IT costs are an expensive aspect of many organizations’ budgets. It seems like these costs are fixed, and hence it is difficult to cut the IT costs. However, IT costs might appear fixed but they are not. When looking at the budget of most IT service companies, personnel costs are the predominant expenses. Multiple strategies can be followed to cut labor costs. Reviewing software agreements will also help you in cutting some costs. Many IT companies are filled with personnel, which happens over time but is suboptimal from the cost point. It is essential to understand the current circumstances and set the right target for costs to improve the ROI of the business.

Here are some ways to reduce costs;

  • Set the expectation that the replacements will be one level lower than the person who leaves. This is a practiced way to keep your organization’s cost-optimized. However, you should keep an exception process to deal with some unique circumstances as this might not always be possible in the organization serving IT consulting services.
  • When your organization has attrition, you can plan to hire a certain number of college graduates. All you need to do is find a local college and develop a good relationship with the college placement officer and keep recruiting there consistently. You can also hire interns to find good talent.
  • Reduce the use of offshore resources. Offshore might be cheaper but use offshore only where it is appropriate and ask them to use personnel in other ways. There are services, which can be performed in the organization rather than using offshore resources. There are travel costs incurred that are not considered in due time, and there are other techniques other than offshore, which can be more effective.
  • The hardware your organization is currently using maybe underused, have lost productivity, and need refreshing. Try to run applications on less expensive devices or replace expensive server equipment by linking together several computers. Another way of reducing costs while providing consistency is to standardize platforms.
  • Relook at your software agreements. There is a possibility that your employees are no longer using the software for which you own a subscription; you can remove it. The provide may move you onto a new offering, and you can renegotiate a subscription. There might be unique and better pricing policies available now.
  • Another way to cut the cost of IT infrastructure is to move to the cloud. It will be a fraction of the cost if you run software on the cloud. Replacing an on-premises server by moving data to the cloud can also cut costs. There will be also be saving of utilities from not having to power the components which are replaced.

Ultimately, the best way to optimize your IT costs is to go for a technology audit. With the constantly changing IT and evolving technology, your uses of certain elements keep expanding and shrinking. An IT expert can give you an overview of all the services and software you use and figure out the areas to streamline.

Mobile App Usage and Download Statistics

There are over 3.2 billion users of smartphones worldwide, and therefore, one of the industries benefiting from this is the app development industry. App development is growing at a steady rate and will keep growing in the foreseeable future. According to a report, 88% of a user’s total mobile time is spent on mobile applications. If you are a team of app developers in Virginia, this is good news for you. All that is required is for users to download your mobile application and use the mobile application.

Key Mobile App Statistics

  • It is expected that mobile applications generate revenues of more than $935 billion by the year 2023.
  • The Apple App Store has 1.96 million mobile applications that are available for download.
  • On the Google Play Store, there are 2.87 million mobile apps available for download
  • 21% of Millennials open a mobile application 50+ times each day.
  • 49% of individuals open a mobile application on 11+ occasions every day.
  • 69% of all US advanced media opportunities generate from mobile applications.
  • A regular cell phone user spends time 10 applications each day and 30 applications every month.

Mobile apps need to be download to succeed. Even if your app is excellent, you won’t make a single penny until someone downloads it. You have to get people to download your app. To get people to like and download your app, you have to do proper research.

  • Mobiles and tablets are being used by people all over the world. When the popularity of a mobile app increases, the number of downloads of that mobile application boosts up. App development companies in Virginia are providing great app developing services.
  • There is constant growth in app downloads every year, and this growth will be consistent in the coming years. More than 200 billion app downloads are approximately 6% higher than the year previous to that.
  • There was a 45% rise from the year 2016 to 2019. The growth rate isn’t very sharp, but it is increasing. Hence, app developers should keep working hard to make useful apps for mobile and tablet users.
  • A mobile application can be either free or paid. Figure out whether people will download your app if it requires them to pay for it. The majority of the applications are available for free download and use. 98% of the app revenue is generated from the apps that are available for free download.
  • Deciding on the monetization strategy completely depends on the nature of your mobile application. Users, in general, don’t expect to pay for downloading an app as maximum numbers are available for free downloads. If you already have a business and the app is an extension to spread your business, it should be available for free downloads.
  • Offering in-app purchases is a way you can make money even with an available app for free download for the users.
  • iOS users download apps from the apple play store, and the users of android mobile phones use the Google play store to download the applications.
  • App downloads from the Google Play store increased by 31% from 2019 to 2020, whereas the apple app store saw a growth of just 2.5%.

What makes Cybersecurity Maturity Model Certification Different?

The processes which measure an organization’s cybersecurity maturity and hygiene are included in the CMMC. Similarly, a third-party auditor rather than self-attestation will be verifying that the required cybersecurity policies and capabilities connected with the CMMC practices have been executed, that they are made use of, and that they are effective. The alternatives such as a plan to alleviate the risk or a plan of actions and milestones are no longer acceptable. Government vendors and contractors must implement all necessary CMMC practices and processes in order to achieve CMMC certification. CMMC compliance is an excellent way to get the certification.

Not just the C3PAO audit for accreditation, but CMMC cost consists of numerous components. To stay observant in its aftermath and to prepare for that event, businesses must also account for the necessary efforts. The business may incur soft and hard costs such as dedicating their security and IT personnel, building new policies, acquiring security software and hardware, and implementing the cybersecurity capabilities related to CMMC’s practices continuously at any of the certification levels they need accreditation.

These activities and the associated costs are not trivial to any company. Several SMBs have minimal knowledge and infrastructure regarding cybersecurity, which results in making CMMC a challenge for them. Organizations that take care of Controlled Unclassified Information and who already are familiar with the DFARS clause 252.204-7012 also face difficulties regarding cost, although the 110 security controls of NIST 800-171 are incorporated in the third level of the CMMC process for a couple of reasons. Which are:

•             There are three new processes and 20 new practices in the third level of CMMC.

•             Members of the Defense Industrial Base compliant are considered by DFARS 7012 when they self-validate; all the 110 NIST 800-171 are complied with or have POA&Ms.

All the DoD supply chain members must start their journey quickly because of the various activities needed to get ready for CMMC certification and the related effort, time, and cost of these activities. Businesses should consider an additional, little more opaque cost, the cost of delay, and its effect on calculating CMMC ROI.

CMMC cybersecurity is the need of organizations these days. The cost of not getting CMMC certification soon will be going above and beyond the DoD’s contractual requirements and cutting the core of many businesses. CMMC helps you to reduce risks, and it is helping to reduce your cyber threats. Why would an organization not want to protect its IP? If this does not make CMMC accreditation compelling enough for your organization, you should remember that by the end of the year 2026, in each DoD request for proposal, CMMC will be included. The organization will miss on multiple revenue opportunities and cannot work on contracts if they do not have the right level of CMMC certification. These organizations may be sidelined before the CMMC roll-out gets completed. Prime contractors and other upstream contractors prefer to work with organizations that have invested in CMMC and shown their commitment to reducing cybersecurity risk.…