Xtrategit is helping clients in Puerto Rico employ elements of technology diversification in their operations in ways that both cut costs and improve the delivery of services. Technology diversification has become a “hot button” of IT management because of its impact on growth. Essentially, experts agree, technology diversification creates a potential for growth by holding down costs and increasing revenues.

The topic of technology diversification has been extensively studied throughout the industrialized world, at companies large and small and most researchers have found that technology management should be geared to reaping both economies of scale and of scope through, among other things, communication and coordination, external technology sourcing and internal technology transfer and cross-fertilization.

Separating the wheat from the chaff when it comes to technology diversification is more difficult than it would first appear. The proliferation of technology at every level of operations has, therefore, led IT executives to increasingly search for ways to optimize its benefits. Just how and when a company should diversify its technology is the important question to ask. Most experts agree that a balanced approach is the best way to go. That’s where Xtrategit can help.