Now that CIOs have completed step 1 of their ad-hoc coronavirus crises playbook — hammering out remote work and business continuity strategies — many are evaluating step 2: cost containment, ranging from right-sizing instances of cloud software and renegotiating SaaS contracts to eliminating excess applications and shuttering legacy servers and other hardware.
Such are the moves CIOs may take to get ahead of any financial fallout the coronavirus crisis may have on their business, as the pandemic rages on, crippling productivity across every sector, and CFOs get increasingly skittish about budgets.
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(Insider Story)
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Source: News