Investing in IT can be a tough task to face – it really is a minefield of potential options and understanding the difference between what you do and don’t need can be a huge challenge. However, getting it right can help you achieve your business objectives and drive growth in your business, whilst keeping downtime at an all-time low.
How Investing in IT can Support your Business Objectives
Making an investment in your business should be a smart one, and with IT, there is always room for improvement. Investing in IT to support your business objectives can come in a wide variety of formats, but all have the same output.
IT Budget and Roadmaps
Setting budgets and creating roadmaps for other business objectives can often be a long-winded but useful project to complete for your business. When looking at IT budgets and roadmaps, you may find yourself undervaluing, or overvaluing your needs and requirements.
Speaking to a professional team such as BCS, will not only help you understand what you might need for your IT budget, but how a professional roadmap should look, to support your business objectives. If you need some help setting an IT budget, check our guide to setting an IT budget for your business here so, you don’t have to invest blindly.
Making sure you don’t invest in low-quality IT providers is also a major part of your budget and roadmap, as there are some big risks when not choosing the correct provider. Take a read through our article, 4 big risks of low-cost IT providers, which covers items that you should keep an eye out for when looking around for a managed service provider.
Increase Revenue and Efficiency, to Promote Growth
Upgrading your IT infrastructure and gaining certifications such as Cyber Essentials Plus can be a massive help to your business. For example, if you are planning to work with a government body you must have a Cyber Essentials Plus certification to be able to do this. Additionally, it’s important to let customers and prospects know that you are certified, as it demonstrates that your business keeps data secure, making them more likely to sign up or renew a contract.
Downtime is one of the biggest silent killers when it comes to revenue per day. Having a single day of down time can cost your business thousands and can be a catalyst for unhappy customers. Onboarding an IT partner can take away the pain of waiting hours for resolutions; a good IT Support provider will also proactively identify weak spots in your digital infrastructure to prevent downtime as much as possible.
Manage your Cash Flow – 5-year Plan
Investing in IT can seem like an expensive task, with most modern technology solutions and services setting companies back thousands. Luckily, most Managed Service Providers charge monthly, rather than one scary upfront bill, significantly reducing CAPEX (capital expenditure) costs and allowing you to budget more efficiently. Here at BCS, we also provide customers with a bespoke 5-year IT strategy, so there are no nasty expenses further down the road.
Improve Company Morale
Slow devices can reduce the output of an employee significantly, reducing your Service Gross Margin. This can also mean your clients having to wait longer for a response. Additionally, a poor working experience, can cause employee frustration/unhappiness, which will directly impact your ability to retain staff.
Having an IT Strategy and keeping IT equipment up to date can circumvent these issues. There will of course be times where IT goes wrong – in this instance it is important you pick an IT provider with a fast response time, so your staff aren’t waiting around too long for a fix, which ultimately costs your business money.
How BCS can help Support your Business Objectives
Our Core & Complete support plans are packed with features to support your business, including a 5-year IT Strategy and 15-minute SLA to accommodate your needs all hours of the day. We’re also on hand to help you understand how you can budget correctly for your business, and the best ways to use the investment to ensure your business can grow through technology.