Technology Trends you Will Hear About in 2018

Technology Trends you Will Hear About in 2018

According to technology research firm Gartner Group, technology spending is expected to grow to $3.7 Trillion dollars in 2018. Communications Services ($1.387 billion) and IT Services ($931 billion) make up the majority of spending. In contrast, Enterprise Software and Data Center Systems are the smallest categories of spending expected for next year. Shifts in IT spending from Data Centric to Cloud Computing change the landscape for buyers, vendors and technology solution providers alike. Here are top Technology Trends you will hear about in 2018. Cybersecurity 2017 was a year full of data breaches and ransomware. According to a 2017 Cost of Data Breach Study by the Ponemon institute, the average cost of a data breach in 2017 was $141 per record lost. Consider how many customer, prospect, employee, member or supplier records you may have within your organization. With the risks so high, expect Cybersecurity to be top of the list of Technology Trends for most companies next year. Cloud Computing According to Forbes, 80% of IT budgets will be committed to the Cloud. Software as a Service (SaaS) solutions will help line-of-business managers from Sales, Marketing, HR and Finance become more productive. Communications and Collaboration applications including Email, VoIP and Web conferencing solutions will connect employees across companies and supply chains. Infrastructure as a Service (IaaS) will host a range of solutions including websites, online backup and more. The utility model, or paying for usage, appeals to businesses replacing technology capital expense (CapEx) for subscription-based operating expense. Managed Services As the “everything as a service” model gains in popularity, more companies will adopt fixed- priced managed services contracts....
What’s in Your Technology Budget Next Year?

What’s in Your Technology Budget Next Year?

Many companies start their budget this time of year. As you are thinking about strategic investments, consider how you can leverage technology to improve customer service, make your employees more productive, and possibly save money. Here are a few considerations for next year’s technology budget. Network Upgrade Your network is the backbone of your technology infrastructure. Growing demand for high bandwidth activities including Communications and Collaboration, Call Center and Cloud Backup all require a bullet-proof network. What’s more, a number of advancements in Software Defined Wide Area Networking (SD-WAN) could save you a bundle. Consider having a network assessment or Telecom Expense Audit to see if you can save on your communications and networking costs next year. Fixed Priced IT If you haven’t deployed Managed Services to augment your technology infrastructure, you might consider how you could benefit from this model. By proactively monitoring and managing your infrastructure, your systems will work better and your cost of systems updates and support will be fixed. Cloud Computing The economic model of Cloud Computing allows companies to avoid unnecessary capital expense (CapEx) and use operating expense to subscribe to a range of Cloud Services.  Software as a Service (SaaS) provides the latest version of your popular productivity applications, and Infrastructure as a Service (IaaS) offers a consumption model for scalable computing power. Data Protection Cyber threat, privacy data breach, human error and natural disasters can put your business at risk. Having a solid data protection plan helps businesses avoid the unnecessary downtime, fines, legal fees, and loss of reputation associated with data loss. There are many ways to invest in the...

The Importance of Maintaining Network Compliance

Last month’s blog provided information about ways to “Avoid Being Held Hostage by Ransomware.” Eight days later, on May 12, 2017, there was a global outbreak of the Wanna Cry Virus. With Cyber Threats on the rise, the importance of maintaining network compliance is top of mind with business owners and IT professionals alike. Industry compliance regulations, including PCI, HIPAA, and SOX, drive best practices in Network Compliance. However, most businesses today rely heavily on their systems to access Cloud Services, Voice, and Data Networks for mission-critical applications that run their business. What can you do to maintain network compliance? Automate Your Network Administration Keeping operating systems and network configurations up to date is a top priority for network compliance. Each device that connects to your network needs to have up-to-date operating system security patches, anti-virus definitions, and malware threat prevention in order avoid un- intended intrusion of your network. There are abundant tools and managed services to help your business stay up to date without adding to your internal labor cost. Proactively Monitor Your Network Monitor your network to identify any systems that are out of compliance. Proactive monitoring can also identify unauthorized devices connected to your network. You can monitor your network traffic to identify unusual use of network bandwidth. Aside from slowing down your systems, excessive bandwidth may be the result of a malware-infected device that is exploiting your network. Documenting Your Network Security Controls Achieving compliance with documented security procedures including password policy, systems maintenance, backup procedures, and compliance measures, is critical to following most industry compliance regulations. It is a  best practice to update...

What are Managed Services and Why Should I Care?

A managed services provider (MSP) takes on the responsibility for a company’s technology and infrastructure by proactively providing a defined set of IT services for a fixed monthly fee. This approach is preferred by businesses over the traditional Break/Fix services delivered on an hourly rate when needed. By emphasizing high availability and reliability, Managed Services align the MSP’s business model with a company’s business objectives. In contrast, the break/fix model addresses problems when they occur. According to research firm MarketsandMarkets, the global managed‐services market will grow to $193B by 2019, at a Compound Annual Growth Rate (CAGR) of 12.5%. Information Technology as a Service According to the fifth annual Trends in Managed Service published by CompTIA, “The central tenet to the MSP model is a provider-customer relationship based on a contract backed by a service level agreement.” This approach provides IT services similar to other utility models.  Many Managed Service Providers (MSPs) rely on remote monitoring and management technologies to deliver a range of core IT services in a scalable and proactive manner. This approach streamlines the process for proactively identifying and resolving issues with IT infrastructure.   What to Expect from an MSP CompTIA research indicates it is common for a managed service provider to include desktop and network management, applications management, and remote help desk in their service level agreements (SLA). Security (including firewall management), server management, storage, network monitoring, Business Continuity/DR, Backup as a service (Cloud Backup), Email, and Virtual desktop are often available as managed services. Benefits of Managed Services The managed service approach is favored by business for a variety of reasons. Managed services...

Does Your Business Have a Backup and Disaster Recovery Plan?

Most businesses need a Backup and Disaster Recovery plan.  Disasters like fire, flood, earthquake, and more can bring your systems to a halt. Systems including order processing, invoicing, emails, call center, and business phone are critical for daily operations. Without a Backup and Disaster Recovery plan, organizations that encounter a disaster run the risk of going out of business. Here are some tips for getting your Backup and Disaster Recovery plan in place. Consider Risk of Downtime Understanding your business risk in the event of a disaster–and related downtime, data loss and other factors–is a good place to start. Factor in loss of productivity from your employees. This can be quantified by calculating employee salaries, wages and overhead for every hour of downtime. You can also calculate loss of revenue if you are unable to process orders, have to disrupt manufacturing, or lose the ability to fulfill customer demand. Also, add in any long-term damage from loss of reputation if you were to suffer a long-term outage. These costs easily add up to impact your company’s bottom line in the case of a disaster recovery scenario. Build  Your Backup and Disaster Recovery Plan Not all data is mission critical. Some systems may be more critical than others to get your company back operationally. Determine which systems are most important to your daily operations. Decide how much risk you are willing to take in terms of hours, days or weeks of downtime. Systems that keep your employees productive and revenue flowing in your business may need to take priority. You may need redundant failover for phones, email and order processing...
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