Business + IT Insights

You own the information systems and cybersecurity for your company and put a lot of energy into ensuring everything is safe and up to speed.

But it can often feel like no matter how much effort you invest, there are always more potential vulnerabilities. It just might feel like you are losing the battle, and there’s a good chance that you are.

No one could have predicted the colossal impact Covid-19 has had on businesses. We can’t count the number of times we’ve heard “I’ve never worked so hard to make less money.” But what we’ve seen is that some companies have managed better than others – even in the industries hardest hit by the pandemic. As a business leader you want to be able to handle whatever crisis is thrown at you, no matter what, without breaking stride.

If you’re reading this insight, then you are probably familiar with the new Cybersecurity Maturity Model Certification (CMMC). In short, CMMC is the Department of Defense’s (DoD) newest method to ensure appropriate levels of cybersecurity practices and processes are in place for industry partners and their supply networks.

If you’re spending way too much time on managing your IT than your business, check out this infographic to get the facts about how leveraging cloud technologies can allow you to focus your time on managing your small business.

Did you know that small businesses tend to spend, on average, 6.9% of their revenue on IT? There’s no denying that technology is expensive. For some, IT can feel like a financial black hole.  

IT is a foundational part of your business and, when done right, can help create sustainable business growth. But, over the years, as IT has become more essential it has also become more complex. In 2020, the need for IT is greater than ever, but due to COVID-19 budgets have shrunk and margins have narrowed - so how can you get complex IT that supports your needs and your budget?

Fortunately, you’ve got options.

You want to set your team up for success. But due to the pandemic, today’s workplace landscape is changing and more people than ever are working remotely, so keeping everyone on the same page can be a really tall task. In order to ensure that your remote or in-person team is teed up for success, it is important that everyone is set up with the right tools to do their job well. 

The Covid-19 pandemic has forced companies across the world to adapt and transition rapidly to the cloud to enable remote work. What many businesses have not done is take a step back after the transition and ask themselves if the changes they implemented were the best for the business. Did the changes set their team up for success? Did the new landscape enable them to work in a safe, secure, and effective IT environment? Was their IT infrastructure better or worse than it had been pre-pandemic?

Since the onset of COVID-19, the world has become a truly virtual one. One that requires fast, secure, and cost-effective IT like never before. Because the demand for IT and virtual environments has skyrocketed, it’s important to find ways to save money, even more so since COVID-19 has affected the bottom line of most businesses.  

There are a few key areas that are often overlooked when reviewing how much your business is spending on IT and we recommend looking at first to reduce costs: