With global financial insecurity prompting businesses to tighten their belts, every corporate department is trying to do more with less. IT is no exception. But the explosive growth of Big Data makes it harder than ever for IT to both manage its enterprise technology infrastructure and support the business’s operational and strategic needs. In addition, new federal, state, and international regulations governing data privacy and security have complicated data management.

Legal teams lean on IT for support with discovery, legal holds, and data subject access requests (DSARs). But while every additional project saps IT’s budget and resources — which are already stretched thin — interdepartmental collaboration offers an opportunity to stretch the organization’s overall technology budget. IT teams that work with other internal business units can better contain costs, address data challenges, and improve governance by taking advantage of the cloud marketplace.

Cost Control: Buying Software on the Cloud Marketplace Saves Money