PUBLISHER: IDC | PRODUCT CODE: 1691056
PUBLISHER: IDC | PRODUCT CODE: 1691056
This IDC Perspective outlines key cost optimization approaches, process automation strategies, technological upgrades, and infrastructure improvements to build financial resilience and accelerate academic innovation in uncertain times. As federal research funding declines, universities face mounting financial pressures that threaten research sustainability and innovation. This document explores nine strategic recommendations to help institutions modernize research IT, streamline operations, and diversify funding sources. From leveraging AI and automation to standardizing IT ecosystems and expanding shared research resources, these strategies empower research IT and academic leaders to reduce costs, enhance efficiency, and drive scientific discovery. Discover how institutions can adapt to funding challenges, optimize IT investments, and position themselves for long-term research excellence in an evolving landscape."With federal funding cuts creating financial uncertainty, institutions must act decisively to modernize research operations and create cost efficiencies," said Matthew Leger, senior research manager for IDC's Worldwide Education and EdTech Digital Strategies program. "By standardizing research IT, leveraging AI, and fostering collaboration, universities can reduce costs, accelerate discovery, and sustain long-term research excellence."