A pragmatic approach can help to align C-Suite and IT goals
By Donna DonnowitzOctober 22, 2014
Develop an IT risk threshold
Innovation marches on, and companies are faced with the challenge of investing in seemingly ground-breaking technology that may in turn become obsolete within the year. This factor leads companies to be very prudent when investing in new IT. However, this approach becomes counter-productive if the new technology could help resolve a data center's weaknesses. There is always an inherent risk to investing in new technology, but a bit of assessment by IT experts can help to contain that risk, according to Tech Republic. Companies can reduce costs and avoid purchasing the wrong solution by trusting in their IT professionals. Likewise, a CFO can help the IT side by remaining flexible as extra costs arise in the process of implementing new tech.
Unite CFO and CIO strategies
The CFO and CIO of a company are both driven by different priorities, and this lack of overlap can sometimes cause problems for the entire company. Chief Information officers are responsible for maintaining an efficient, high-performance data center that keeps up with the needs of employees. The CIO's primary goal is to determine how the right IT solutions can expand the company's flexibility and functionality. Conversely, a chief financial officer is more interested in identifying how technology can expand the business portfolio, notes Data Center Knowledge. Often, the short-term goals of a CFO and the long-term goals of a CIO are unable to mesh, especially when faced with limited resources. Thankfully, there are many areas where these two interests are aligned.
After all, the need to balance innovation with revenue is especially evident in the network. Connectivity demands change constantly, so a flexible, cost-effective network setup is a must before IT teams can plan around implementing next-stage technology. Fiber to Ethernet solutions, for instance, would allow companies to mix and match copper and fiber to find an efficient balance of cost and performance.
Perle has an extensive range of Managed and Unmanaged Fiber Media Converters to extended copper-based Ethernet equipment over a fiber optic link, multimode to multimode and multimode to single mode fiber up to 160 km.