A recent report by Financial Times reporter Paul Taylor revealed that many organizations must operate more efficiently while lowering their IT budgets during continued difficult economic times.
The writer cited a study conducted by research firm Gartner that expects enterprise IT spending to reach $2.7 billion in 2012, increasing nearly 4 percent from this year. One company has adopted Microsoft SharePoint to lower their IT costs and boost their productivity, according to Taylor.
The French-based multinational pharmaceutical company Sanofi-Aventis is using the collaboration software for its research and development department. The reporter suggested R&D is crucial for Sanofi and other pharmaceutical businesses since global drug trials are included in the process.
According to Taylor, SharePoint will help the company shift from paper-based processes to a digital platform that is expected to save Sanofi $9 million in the next several years.
Earlier this year ZDNet reported the adoption of SharePoint continues to expand as companies seek greater use of collaboration software. The news provider said Microsoft operating chief Kevin Turner said at the company’s financial analyst meeting that SharePoint is the fastest selling commercial business solution of all time.