Business Technology Insights

Data is the lifeblood of most modern businesses. Just think about the time you spend collecting information, creating documents and generating data. If this information were to go missing, it would heavily disrupt your business operations and would potentially take a lot of time to recreate. 

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Technology is at the center of almost every business. When properly connected and integrated, technology can help save time, reduce repetitive and monotonous tasks, increase productivity and improve your bottom line. 

But with an improperly managed IT infrastructure the benefits of technology can become a productivity and security issue. Getting your technology right can be a huge asset, but getting it wrong can seriously hamper your ability to complete work and grow.

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All businesses want to spend money wisely, improve efficiencies, minimize downtime and ensure the successful adoption of new technologies by employees. Is your company performing a business situational analysis (or a business IT infrastructure assessment), to make this happen?

If not, your business is, more than likely, suffering from the wasted time and increased costs associated with downtime. The 2017 Veeam Availability Report revealed that enterprise organizations lose an average of $21.8 million (USD) a year due to unplanned downtime.

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In a recent blog, Cybersecurity: How to Maintain Cyber Insurance Coverage in Canada, we mentioned how an increasing number of Canadian cyber insurance companies are asking companies whether they are performing phish testing as part of their cybersecurity strategies.

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Digital transformation is often the innovator that underpins success. Technology drives higher profit margins, internal efficiencies, improved customer service, as well as better products and services. All of these give small and medium-sized businesses a competitive edge.

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The COVID-19 pandemic has had a huge impact on many aspects of our lives. As a result, the business world has had to make adjustments. New challenges such as the workforce shortage, supply chain disruptions and the need to build a remote workforce have all forced organizations to dramatically change their operations over the past two years.

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IT infrastructure and IT strategy play an important role in the success of any organization. The issue is, not all organizations have access to the resources, experts and assets required to truly gain efficiencies, reduce cost and improve return on investment. 

In fact, in most cases, it’s only large enterprises and big businesses that truly have the resources to build a first class in-house IT team.

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Organizations are increasingly looking to outsource key areas of their business to specialized experts. One of the most common areas for companies to outsource is their IT strategy

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As we move into what’s being dubbed as the “post-pandemic” world, organizations are starting to figure out what the future of work looks like. While many businesses continue to support remote work and flexible arrangements, many others have already begun making their way back into the office. 

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The labour shortage is causing huge problems for businesses across the entire world, so how can small and medium-size businesses make better use of technology and their IT strategies in a bid to adapt to a shortage in skilled workers?

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