A business technology review is an audit of your entire IT network and infrastructure, revealing strengths and weaknesses as well as areas that could be improved. These reviews can be time-consuming, but conducting them regularly provides benefits that you just can’t ignore.
Your business technology is a major driver of your efficiency, so adjusting and improving it are excellent ways to get even more out of your IT. Fortunately, there are many ways to accomplish this, from dramatic changes that require large investments, to small tweaks that deliver minute yet valuable benefits.
Big IT purchases are fraught with risk, but careful planning and good research can mitigate this risk and prevent overspending or poor ROI. By following IT budgeting best practices, you can avoid financial disasters and ensure that you have sufficient capital throughout the fiscal year.
Upgrading your small- or medium-sized business’s (SMB) IT is critical for keeping up with the competition and shifting markets, but there is a right and a wrong time to do it. If you upgrade too soon, you waste resources on a solution that will be made obsolete soon, or you don’t get a good ROI on a relatively small, incremental upgrade.
