The Best Money-Saving Technologies of 2007
Here are some of the technologies that gained prominence in 2007 and that are considered to be among the best at helping companies retain their hard-earned profits.For companies that aren't flush with cash, it's important to keep on top of technologies that save money, both in the short and long term. Here are some of the technologies that gained prominence in 2007 and that are considered to be among the best at helping companies retain their hard-earned profits: Unified Communications. A Siemens Communications survey released Oct. 16 reports that communication delayswhether it's waiting for information, lack of collaboration or missed phone callscan cost an enterprise of 1,000 employees up to $13 million a year. Moving to a VOIP (voice over IP) infrastructure is the first step toward shaving those costs down and toward the vast improvements in corporatewide communication many companies are experiencing. With the ability to combine VOIP, instant messaging, e-mail, cell phones and PDAs into a system of real-time communication, efficiency improves and customer satisfaction rises. The concept is so hot that CompTIA (the Computing Technology Industry Association) reports that two-thirds of businesses with separate voice and data networks recognize the business value of converged communications solutions, and 17 percent have already taken the plunge. Western States Insurance is using VOIP and Unified Communications to stay connected with customers and manage its growing business. Click here to read more.
Virtualization. Virtualizing serversa method of combining multiple servers and running them as a single unitsolves problems in the data center: namely, creating highly available servers, improving disaster recovery and consolidating redundant equipment. There's plenty to consolidate, that's for sure. According to IDC, businesses will spend $20 billion on server hardware between now and 2010. Sixty-eight percent of that will be spent on servers partitioned for virtualization; the number of virtual servers is expected to grow by 41 percent CAGR (Compound Annual Growth Rate) over the same period. And it's that consolidation that really saves money: By running systems on fewer servers, businesses reduce equipment and IT labor costs, as well as power and cooling costs. It's not unheard of, for example, to virtualize 20 servers down to five. Other areas of cost savings include software license reductions in areas like anti-virus, backup and operating systems.