Chose Valuable Technology Strategies that Will Help You Grow Your Business

If a business seeks to make important decisions, there is always going to be a little bit of hesitation. After all, the wrong choice could mean financial or operational ramifications. Therefore, the most logical way to approach these decisions is to maximize the value you get out of your investments. Today, we want to focus on how technology can be a driving factor for maximizing your business’ value from major decisions.

Deployment and Procurement

Cost is going to be the biggest variable to consider for any new technology upgrade, and businesses tend to lean towards smaller investments rather than bigger ones because, to put it simply, they cost less. The unfortunate side effect of this is that the return on investment for these technologies is just not going to be up-to-snuff, and these decisions can be shortsighted if decision makers don’t carefully weigh their options.

In the case of hardware procurement, let’s use a server as an example. A business might look at how much it would cost to purchase the hardware, migrate the data and applications, and other costs associated with setup. Now, let’s say that you’re adding a new server to an existing infrastructure; this comes with its own fair share of costs and integration expenses, as it has to fit into an existing network.

Cloud computing changes things considerably for businesses that want to implement new solutions in a quick, efficient, and cost-effective way. Cloud computing pays for itself compared to new hardware, as you’re paying a similar price for a scalable and flexible solution rather than a fixed one. The only thing holding back the cloud is an Internet connection, but for businesses that can arrange for a consistent connection (which, let’s face it, should be all businesses), it shouldn’t be a problem.

Security Management

One of the more challenging parts of managing a computing infrastructure is security, with most of a business’ technology investments going into security. Granted, the amount you invest into security will largely be up to you, but the fact remains that businesses which spend less in security will spend more in the long term from the associated data breaches and attacks—attacks that have other hidden and insidious expenses that need to be addressed in the planning stages.

Ferrum Technology Services prioritizes security for our clients so that they don’t have to. Our trusted and knowledgeable IT staff can stay ahead of the latest threats and security breaches so that your business doesn’t suffer from them. Our real-world experience can help you control your infrastructure’s security in such a way that exposure to threats is minimized. We take a specialized approach that involves implementing the best solutions on the market, combined with training for your team on the front line.

Innovation and Forward-Thinking

Any technology professional with working knowledge of the industry will tell you that the more you can automate, the better, as it makes managing your technology easier, more predictable, and efficient overall. Automating certain parts of your operational infrastructure, like support for instance (many organizations have their best employees working in support at least 25 percent of the time), can go a long way toward making your business more profitable.

Innovative software platforms can go a long way toward eliminating waste and improving productivity. With solutions available for just about all major departments across businesses, such as human resources, security, operations, marketing, sales, collaboration, communication, and so much more, there is no shortage of tools that can make your business a better version of itself.

Implementing new technologies can be stressful, but it doesn’t have to be. With Ferrum Technology Services by your side, you can maximize your return on investment for any and all new technologies. To learn more, call us today at (847) 697-3282.