With everyone pinching pennies these days, it’s no real surprise that people are opting for cheaper versions of, well, just about everything. The technology industry has shown it’s not immune, either. With so many low cost or free alternatives to expensive gadgets and softwares, it comes as no surprise that these alternatives are being snapped up in the current slow economy.
According to the New York Times, there are some bright(er) spots if you are in the business of low cost technology, such as the $200 Netbooks or inexpensive software that users still need. Recessions “can cause people to think more about the effective use of their assets,” said Craig R. Barrett, the retiring chairman of Intel. “In the good times, you can get…not focused as much on efficiency. In bad times, you’re forced to see if there is a technology” that will help.
This seems especially true for companies that want to be more productive during the recession and save as much money as possible. Affordable management software, like OfficeClip, can be great value for money. Web Contact Manager, Web Timesheet and Web Issue Tracking can all help businesses to reduce waste, improve accountability and become more organized.
What are some ways you are saving money in the technology industry? Leave us a comment and share your ideas.
SK Dutta is a software architect and creator of OfficeClip Suite of products. He loves to design and develop software that makes people do their job better and more fun. He always explores ways to improve productivity for small businesses. He is also an avid reader in many areas, including psychology, productivity, and business.