IT budgets that were reduced or remained flat in 2010 are set to rebound, a bit, in 2011. That means that IT managers are able to refocus on technology investments they’ve wanted to make. However, conservative spending directives remain firmly in place. IT has to find a way to save money over time to support new investment and continual improvements. This paper outlines six ways to reduce IT expenditures. They are linked by their relationship to virtualization, a technology that a majority of companies have begun to implement, but that offers further pay back. How each investment will impact IT budgets will vary from company to company so IT managers and executives need to carefully weigh their costs and benefits. Dell, through its relationships with Intel®, VMware®, Microsoft®, and other leading technology developers is well-positioned to help IT departments identify investments that support business goals and save IT dollars.