Is your network infrastructure a Frankenstein’s monster of mismatched tools and quick fixes? This is what most small business IT looks like; companies adopt solutions without a thought as to how they are supposed to work together, and it ultimately ends up impacting operations. This creates tech debt, and not the monetary kind, that is hard to bounce back from without taking a serious look at your IT practices.
You’ve likely looked at your business’ technology bills and seen nothing but dollar signs leaving your bank account. For many, IT feels like a necessary evil or a cost center that only gets attention when something breaks. The hard truth is that many businesses fail to scale because their technology wasn’t built for the growth they planned.
What goes through your head when you hear the words “IT audit?” Are you worried about your business’ deepest and most shameful technology secrets being exposed, or are you excited about the opportunity to resolve issues that you might not even know exist? We hope you have the latter mentality, as it’s the appropriate one—especially if you want to build a business that stands the test of time.
How often do you find yourself thinking about how new technology will impact your business’ bottom line? Chances are, you have considered implementing a new piece of technology or two, but you might get stuck on whether or not it will actually be worth the investment. This is where you consider the return on investment that technology will provide, or ROI. Here’s how you can make sure your technology is providing results and what you can do if it doesn’t get the results you’re looking for.
While data might be the new currency, your own business’ data might be a bit too messy to make full use of. You might be paying to store it and protect it, but you’re not doing as much with your data as you’d like. Here’s how businesses find themselves with these “data graveyards” and why it essentially functions like a debt rather than an asset.