ITSM SaaS can alleviate financial stress in higher education

The higher education sector has been no stranger to significant financial burdens, as leaders are increasingly tasked with doing more with less from a technology standpoint. The Great Recession had a profound impact on many universities, but the sector has still experienced massive increases in enrollment rates throughout the past several years. 

As such, many schools are turning to ITSM SaaS and other advanced technology to overcome challenges and become more agile. 

Inside Higher Ed recently reported that the 2014 Survey of Chief Academic Officers, which was conducted by Gallup, revealed that many leaders still fear that cuts will be necessary in the coming years. The researchers found a variety of interesting statistics in terms of what officers in higher education institutions are doing to overcome economic problems. 

For one, the source pointed out that 57 percent of private nonprofit schools do not expect to be able to launch new spending initiatives from fresh revenues, but are instead restructuring and reallocating budgets to deploy novel strategies. In contrast, three-quarters of officials who responded to the survey from public universities stated that they are taking a similar approach. 

Additionally, 47 percent of public universities worked to make the most of the recession by adjusting academic programs to become leaner, while just over one-third of private nonprofits cited this approach. 

Academic administrators and decision makers can create far more efficient technological structures by tapping on the power of cloud computing. Businesses and public sector organizations have been clear examples of how ITSM SaaS, as well as PaaS, can reduce costs while simultaneously strengthening technological power. The clearest advantage of this approach to IT management is the increased flexibility of systems, while the reduction of necessary man-hours to handle the entirety of critical systems is also helpful in higher education.