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The “Truth about IT costs” article suggests that firms underuse software applications and infrastructure technology and suggests using what you have before investing in more. What are the pros and cons of doing this?
It is wise to follow in general the suggestion of using what you have before investing in more. This is all the more prudent if adopted in case of cost invested in Information Technology as this sector is one of those sectors in an organization where the maximum investment takes place. The pros and cons of implementation of this suggestion are as below:
Poor Performance – The executives may lose the motivation and willingness to work in case their needs for new technology are not fulfilled
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