IF YOU ARE THINKING ABOUT YOUR TECHNOLOGY – IT IS COSTING YOU MONEY.
Perhaps the biggest cost related to the time so many executives in businesses small, medium and large spend thinking about their technology rather than focusing on issues more directly related to profitability. When an executive is thinking about their technology, they are not thinking about making money.
YOUR COMPUTER NETWORK AND THE SUNK-COST FALLACY
When it comes to information technology, computer networks and data management, the sunk-cost fallacy is alive and well – costing Australian businesses millions. Saving money in these areas is very often a false economy. If you have the right Managed IT consultant, the costs should be manageable – delivering a high return on investment.
ACHIEVING ACCELERATED DISASTER RECOVERY
10 strategies for getting going again quickly after an IT failure. My last blog highlighted the costs associated with network or IT systems downtime. One study cited found that data systems downtime costs an average small business 545 hours per annum. A second study...
NETWORK DOWNTIME IS EXPENSIVE FOR ANY BUSINESS
10 tips for minimising or eliminating IT system downtime. While briefing Wolfe Systems in 2010, a client noted that Network or IT downtime could cost them as much as $100,000/ hour in lost production. The client further noted that it was an expectation that Wolfe...
ENSURE YOUR IT SERVICE IS EFFICIENCY RATED AT LEAST MONTHLY.
10 Tips for maximising the performance of your IT consultancy. According to technology researchers Gartner, the average cost of IT downtime is $5,600 per minute and can range in cost from $140,000 per hour at the low end to as much as $540,000 per hour at the high...
ENSURE YOUR IT SYSTEMS ARE EFFICIENCY RATED AT LEAST 6 MONTHLY
10 Tips for maximising IT system efficiency. Despite their significant investment in IT, few businesspeople know how efficient their IT systems are. Our research suggests that managers are finding it harder to track their IT systems' efficiency due in part to a lack...
FACTS YOU SHOULD KNOW BEFORE BEING HELD TO RANSOM IN 2021
Smart services and smart technologies – Part Two A series designed to address state-of-the-art services and technologies that can be used by business to Eliminate Inefficiency Ransomware is malicious software that infects computers and displays messages demanding a...
BUYERS TO AVOID SUPPLIERS THAT SUFFERED A CYBER-ATTACK
Smart services and smart technologies - Part One A series designed to address state-of-the-art services and technologies that can be used by business to Eliminate Inefficiency. In 2021, cyber-attacks are much more than a threat to business continuity. They are...
CYBER-SECURITY – THE ISSUE FOR 2021 – IS SO MUCH MORE THAN THE DARK WEB – PART 2
Welcome to Part 2 of my cyber-security mini-series. In part 1 where I identified two of the myths about and five of the biggest threats to, businesses’ cyber-security. It’s one thing to know about the threats but it’s another to defend yourself appropriately against...
CYBER-SECURITY – THE ISSUE FOR 2021 – IS SO MUCH MORE THAN THE DARK WEB – PART 1
In this short two-part series on Cyber-Security, I will be identifying 12 insights every business needs to consider to ensure cyber-security. Part 1 will target myths and threats and later in part 2 I will identify methods of defence. 12 INSIGHTS EVERY BUSINESS...
