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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...

The Benefits of Fixed-Price IT Managed Services

More and more, we hear of security breaches that are derailing business’s activities, whether such problems are malicious software (“malware”) designed to grab privacy information from an employee, a computer crash or even a natural disaster such as an earthquake. A data breach can put customers’ personal information in peril, thereby causing embarrassment and even costing steep fines. This is why it is important to hire a reputable IT managed service provider before you need one. Businesses rely on their IT systems to do day-to-day business, and most of the time, things go as they should. But what about when they don’t? Proactive IT Support is Worry Free Taking a proactive approach to IT assistance is key. Before you need one, find a reputable IT provider. With your IT provider, draw up a managed service agreement/service level agreement so you know what services they will take care of – remote and local backup, recovering lost and corrupted files, network security updates and even unforeseen computer repairs. Keeping systems up to date will help prevent downtime. Proactive IT support converts the unexpected costs of reactive problem-solving into the more stable, budget-friendly cost of preventive maintenance and support. With fixed-price IT support, there are no surprises that can play havoc with the company’s budget and productivity. Aligning Your IT Service Delivery Costs With Business Value By fixing IT Service costs with an IT Managed Service agreement,  your service provider has incentive to proactively ensure everything is working smoothly. Instead of billing by the hour related to problems, a fixed-priced arrangement covers most incidents. It is in the best interest of your...

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...