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December 10, 2007

A Few Thoughts for the CIO: This is the Year...

In just a few weeks we’ll ring in 2008 with the usual fanfare. But what’s not usual about this coming year is the state of uncertainty it brings along with it. With market volatility and the fear of a recession offering more questions than answers, we’re all a lot more cautious when it comes to spending money.

Of course, the logical reaction to such market uncertainty is to hold off on new projects and expenditures. My wife and I recently decided to postpone a new car purchase for this very reason.

But there’s no getting around the fact that some purchases, those most critical to the continuation of your business, simply can’t be put off.

If you need it, you need it.

But this year, more than ever, is the time to be extra diligent in evaluating your options.

This is the Year...
To scrap the old mantra: ‘No one ever got fired for buying [insert major brand name]’. Because although [insert major brand name] may have a strong reputation for reliability, chances are the associated outlay is much higher than you’re comfortable spending right now.

This is the Year...
To look for alternative solutions that will lower your overall TCO and offer a healthy balance between price, performance, and reliability.

This is the Year...
To minimize your risks by choosing a solution that’s been proven, yet still cost-effective.

At RADirect, I’m speaking with a lot of storage customers about things like consolidation and tiered storage, which fits right in with this way of thinking.

How is the current market volatility affecting your budget planning for 2008? Drop me a line - I’d love to hear from you.