As technology evolves, so does the IT industry, which means there are always newer and better ways to do things as time passes. Industry standards from two years ago will not match the standards of today. Is your business keeping up? Are your employees working as efficiently as they could be? Are your competitors dominating the industry? There are many things to consider when it comes to ensuring that your business is performing optimally – and one of these crucial factors is your IT strategy. If you want to remain competitive, then a great IT strategy will serve as a great foundation to ensure your business is well-equipped to take the lead.
If you feel as though your business could perform better, below are six sure-fire signs that indicate you need a new IT strategy:
1. Your current IT infrastructure doesn’t give you a competitive edge.
Information technology empowers people to work better and more efficiently. From cutting-edge hardware to the latest software developments, a great IT strategy takes into account how all this technology helps your business stand out in the industry.
If your business is currently running on slow, outdated hardware, or if your software isn’t quite meeting your employees’ needs to work efficiently or serve customers seamlessly, then it may be time to revisit your IT strategy, or you risk letting your competitors get ahead of you.
2. Your IT isn’t meeting current industry security standards.
Strong IT security is crucial to protecting confidential information that, if left vulnerable, could wreak havoc on your business. Security threats are becoming more varied and pose more risks such as reputational damage and loss of business, among others. The cost of recovering your data or rebuilding your reputation will be much more, compared to an initial investment on comprehensive cyber security services. If your current IT infrastructure is incapable of protecting your system from various threats, it’s not a risk you should be willing to take.
3. The current strategy isn’t cost-effective.
When it comes to IT services, it’s all about getting the most value for money. If you’re paying for expensive services without getting the value that you were promised, and if it’s no longer in-line with your business’ budget, then it’s time to go back to the drawing board.
4. It’s not scalable.
The technology you invest in should be future-proof. If your business moves or expands, so should your IT infrastructure, whether that’s your VoIP phones or your software. Ideally, if your business is constantly growing, that means there will always be a demand for dynamic, scalable technology that covers developments somewhere between at least 3 to 5 years into the future.
5. It doesn’t address improvement opportunities.
A good IT strategy is always looking at ways to improve your business, whether that’s opportunities in reducing cost or increasing efficiency. Meeting user expectations is also crucial, both for your employees and clients. At the end of the day, meeting your organisation’s ROI goals can be achieved with the help of a faster processor and networks, or cheaper storage capacities.
6. It no longer matches your overall business strategy.
There’s no telling what could happen within a business. What started off as an e-commerce startup can turn into a powerful franchise. When your overall business strategy and its projects evolve, your IT requirements evolve with them. If your current IT strategy isn’t quite up to the task, then a new IT strategy that addresses your business’ current and projected needs will be provide a systematic support structure to help your business grow and succeed.
In today’s modern and tech-driven world, a powerful IT strategy has never been more crucial to a business’ success. Your business’ productivity, efficiency, and ultimately, its growth are all tied to your chosen IT strategy and its implementations and applications.
Here at CodeBlue, we provide best value IT services for mid-sized business and organisations in Australia. If you would like to rework your IT strategy, or for any of your IT Services needs, contact us today.