Archaic, out-of-date technology doesn’t just hold your enterprise back; it exposes you to myriad security threats, leading to loss of productivity, efficiency, and profitability.
While running a business can be challenging, new technological upgrades are opening up opportunities for businesses to bolster their efficiency and performance. Modern technology affords immense solutions for most common small business problems. Below we discuss system management upgrades to consider to expand your business and grow your bottom line.
1. Replacing outdated hardware and software
Old and outdated systems are likely to be slow and waste valuable time and money. If your office technology is distorting your operational workflow and overall efficiency, it may be time to replace it. Consider updating outdated software and procuring new hardware. You may also consider a trusted service provider to remotely manage your IT infrastructure.
2. Investing in security
A 2020 UK Government Cybersecurity Report acknowledged that 26% of charities and 46% of enterprises reported cybersecurity breaches in the last 12 months. Among the 46% of businesses that experienced attacks:
- One in five experienced a material outcome, losing data or money.
- Two in five of them were adversely affected by having their staff time disrupted, requiring new measures, or general business disruptions.
These statistics outline and highlight the significance of cybersecurity for businesses. To expand your business while averting possible cybersecurity threats, conduct an IT assessment or design an effective risk management strategy.
3. Migrating to cloud software
Small, medium-sized, and large businesses can reduce their maintenance costs and increase their access to inventory management, ERP, eCommerce, and accounting capabilities; by leveraging a cloud software service. Cloud software services offer the following benefits:
- Mass scale computing capabilities while reducing physical storage and IT requirements.
- Convenient and faster access to files anytime, anywhere, and using any device because files won’t be stuck in any physical storage.
- Easier, streamlined collaborations because files and documents can be made available to anyone. Access and permission control can easily be customized to streamline collaborations.
- Lower cybersecurity risks because the cloud secures its data offline, decreasing the potential for unauthorized and unscrupulous actors, cybersecurity issues, and malware.
- Greater efficiency because you don’t worry about power requirements, software updates, and space considerations.
Cloud computing offers many potential benefits to expand your business. It can reduce costs, streamline processes, and increase flexibility. As your business expands, you may want to consider the cloud for upgrading your storage. You can try different cloud storage models, such as virtual hardware or on-demand software.
4. Ransomware security software
Ransomware could adversely devastate your business operations as witnessed by the City of Baltimore. Many small and medium-sized enterprises ignore ransomware attacks until they become victims. So, to expand your business and to meet new and emerging demands, consider engaging the services of a trusted ransomware security service.
The security service will help secure your systems and networks from hackers. Financial and legal implications of compromised consumer data have significantly increased, thanks to GDPR. So, you should certainly invest in a high-quality network and data security system to grow your business while averting possible threats.
5. Centralize customer relationship management CRM
With a CRM software solution, you can track customer requests more efficiently than with spreadsheets and emails. CRM software allows you to secure customer data and information in an easily accessible location. This allows you to build a standardized sales process, providing the data and insight you need for your marketing and sales funnels.
6. Improving your business broadband
Another system upgrade to consider is to expand your business broadband, otherwise known as your internet connection. If your broadband connection is unreliable and slow, or if you’re using home broadband in the office, consider upgrading to a superfast fiber network. A faster broadband speed can improve the user experience, efficiency and enable connectivity on many wireless devices. Improving your broadband provides you with immense operational and computing power to deal with growing business demands.
7. Improving internal communications
Collaboration is the lifeblood of any business operation. However, email and traditional messaging are often not well-positioned for the modern workplace. Archaic, legacy messaging systems can be inflexible and clunky, making virtual collaborations frustrating and tedious.
A specialized and well-designed communication tool could be what you need to bring your team together and power your efforts. Whether you’re running a virtual, on-site, or mixed team; a specialized communication tool like Slack, Zoom or Microsoft Teams can make collaboration a lot less onerous, encouraging communication, and improving productivity.
Bastionpoint – Bolstering Your Tech Upgrades
It’s easy to become confused by the myriad of technological tools emerging in the market. So, be careful to research and evaluate each tool’s functionality, scalability, and cost before making a big purchase. Some tech tools are designed for thousands of employees, while others cater to small business activities.
Always make use of free demonstrations and trial periods to avoid expensive mistakes. You may also consider managed service providers to help you keep pace with emerging tech trends. Trusted service providers like Bastionpoint offer the convenience of a full-service IT at a fraction of the cost; and a host of managed IT services and unlimited flat-fee support.
Contact Bastionpoint for any inquiries on system management upgrades.
I provide CIO and IT Support Services alongside a mid-sized technical support team of engineers for business. Bastionpoint Technology is a managed service provider for businesses ranging from 1-500 users! We specialize in Legal, Medical, and Professional services, but support so much more. Retail, Finance, Healthcare, Manufacturing, Non-Profits, and you’ve certainly heard of our clients. We offer unlimited on-demand services, with an on-demand price point to meet every client’s needs. Just call on us – we put your business first!