Stay up to date in our dynamic industry with the latest tech news, trends, and tips.
IT providers often describe their relationships with their clients as “partnerships.” But how do you know if your IT partnership is helping your business? Is it saving you money, time, and frustration?
Or is your partnership increasing your stress and draining your budget dry?
A good partnership will not only save you frustration, but, in the long run, it can help save money and protect your business from ill-fitting IT investments by using a customized IT strategy.
As technology becomes a more significant part of our daily lives, it also becomes increasingly important in business. But how do you know if you’re spending too much or too little on technology for your organization?
Spending too much on technology and IT infrastructure can decrease your profits through unnecessary spending.
What happens if, suddenly, one of your IT systems fails? Who do you call? How do you respond? How long until you can come back online and continue working?
If you don’t create response plans for IT system failures and emergencies, you could lose valuable data, time, reputation, and profits while gaining immense frustration.
When IT systems fail, companies lose profits until systems come back online. If data backups aren’t set up or fail, data vanishes, deleting hours, days, or even years of work and information.
So, what can organizations do to minimize downtime and protect data in a crisis?
Your company’s internal IT department or IT provider can help you create an incident response plan.
When selecting IT investments, it can be difficult to choose when and how to make wise purchasing decisions. You don’t want to spend too much on a poor investment, nor do you want to fail to act and lose money.
Regarding IT system and security risks, failure to decide could have disastrous consequences.
Have you ever received a warning or notice that your computer operating system was reaching End of Life? Or that a software program you use would be at the End of Support soon? What do these phrases mean, and how do they affect your business?
End of Life and End of Support for technology means that it is no longer supported by the makers of these products.
What happens if your business grows significantly, and you don’t have the right hardware or software to accommodate the growth? You might find yourself faced with ill-matched technology and productivity delays, not to mentioned significant frustration from both your clients and employees.
As businesses enter the fourth quarter of the year, they consider what to do with their profits. Unfortunately, this also means considering what percentage of your earnings must also be taxed.
What if there was a way to take a portion of that taxable income and turn it into a tax-free business investment? That’s where IRS Section 179 comes in.
What would happen if your company’s main server suddenly stopped working? Productivity would come to a sudden halt. If you don’t have a backup server with a continuity plan, it can take hours or days to get back online. In that time, you lose money for every hour of downtime.
Cybercrime is no longer the imaginary villain in a summer blockbuster. It’s very real, and it’s here to stay. Threats like ransomware are on the rise and can potentially bankrupt unprepared organizations.
So, what can you do to protect your business from cybercriminals?
We all know that following the proven processes of a recognized security framework is a major part of fending off attackers and reducing risk, but what happens if an attack is successful? Does your company have the resources to get back online and recover financially? This is where cyber insurance can play a role.
Spam and phishing emails are more than a nuisance. They can be genuinely costly.
It’s estimated that nearly 85% of all emails are spam and cost businesses roughly $5 billion annually.
Phishing, on the other hand, is one of the primary tools of the ever-growing cybercrime industry.
Every day, hundreds, if not thousands, of new cybersecurity threats are uncovered. Cybersecurity Ventures projects global cybercrime costs to reach $10.5 trillion annually by 2025. With profits like that, cybercriminals aren’t backing down any time soon.
