Are you bringing up emerging technology in your quarterly budget meetings? If not, you should! It drives revenue growth, and who doesn’t want that?
The good news: companies that use innovative technology increased their annual revenue by 58%, according to Oracle. Further, companies that use new technology innovations grow their annual net income by the rate of 80% compared to those businesses that don’t.
Gartner thinks investing in innovative technology is worth the investment, too. In fact, Gartner recommends that, at minimum, 1.5 to 3.5% of your revenue be invested in IT infrastructure.
New Technology Means Happy Employees, Greater Productivity, Revenue
Your team’s work attitude takes a nosedive when they’re forced to use antiquated technology.
Nearly 6 in 10 IT personnel believe that using old-fashioned technology can cause employee morale to plummet, according to Spiceworks. By the same rate, using old technology has a negative effect on productivity.
New technology resources such as decision intelligence, AI-based cybersecurity and productivity tools have the reverse effect on your team, increasing productivity, improving workflow, and increasing employee satisfaction.
Build a Solid IT Infrastructure
You should seriously consider undergoing a real-time technology checklist to see where your infrastructure stands right now. You can find out if your technology is bulletproof against hackers, if it eases your decision making, and if it allows collaboration, for some examples.
The bad news is that you’ll likely discover some areas for improvement, such as with updates. With a tech checklist, you’ll know where you stand, and that’s gold when it comes to peace of mind.
When planning improvements and updates to your IT infrastructure, it’s easier than you think to get it wrong.
Top 3 mistakes businesses make include:
- Underestimating risk: 94% of businesses have at least one computer with no, weak, dated, or expired antivirus software, according to Inc.
- Not taking security seriously: Ignoring security means you risk business interruption, a tarnished reputation, and financial security.
- Ignoring audits: IT-related protocols should be a continual and ongoing process.
Your technology checklist identifies where your business can:
- Optimize and transform IT
- Increase productivity
- Discover areas for improvement
- Enhance operations
- Bolster security
Now’s the Time
With a customized technology checklist, our experts in IT lifecycle management guide you on areas like cost and transition, allowing you to stay up to date with advancements, while offering you peace of mind for your business.
Our team takes the reins on your integration and trains your employees on how to use the new solutions. Lastly, we ensure your IT remains optimized with 24/7 maintenance, while delivering a smooth retirement of your previous solutions.
Once we’ve identified the solution that’s right for you, our team gets to work building your complete strategic package. We’ll provide an effortless transition experience to your new system along with the seamless retirement of your prior solutions.
Now is the ideal time to update with emerging technology. The experts at Pavelcomm in Portland keep your business competitive and deliver solutions that propel your business into the future.
If you are ready to take advantage of emerging technology, schedule a time to speak with our experts. We can help take your business to the next level.