According to a recent Statista survey, a significant number of companies are not interested in many of the latest technologies like 5G, desktop virtualization, and the Internet of Things. 32% of companies said they’re not interested in 5G, whereas 31% are not interested in desktop virtualization.
Businesses should be looking to make the most of the latest technologies. Despite the significant increase in IT spending between 2020 and 2021, largely because of remote work due to the pandemic, businesses seem hesitant to make the necessary technology upgrades.
So, as a business owner, what essential technological updates should you be looking into? Let’s take a look!
1. Replacing Outdated Hardware and Software
According to Forbes, using outdated technology has many downsides. Some of the biggest ones include decreased productivity, loss of competitive advantage, and loss of top talent.
Replacing outdated hardware and software should be top on the priority list. Doing so will boost productivity and prevent valuable time and money from being wasted.
2. Investing in Cybersecurity
Outdated tech also leaves you more vulnerable to cyber attacks, and investing in cybersecurity makes perfect sense right now. 87% of businesses have reported that adopting an effective cybersecurity strategy would increase their profitability.
Over 304 million global ransomware attacks were recorded last year, and this year has seen a 68.5% increase in ransomware attack rate. Other malware such as viruses and trojans are also a concern for businesses, so the need to invest in cybersecurity is clear as crystal.
3. Investing in Cloud Computing
Cloud computing generated more than $300 billion in revenue last year and has shown no signs of slowing down. For small businesses, cloud computing offers numerous benefits such as reduction in cost, streamlined operations, and increased operational flexibility.
You can start by investing in the cloud for data storage or try out cloud service models like on-demand software or virtual hardware.
4. Upgrading Your Business Broadband
You might think that COVID lockdowns around the world would have slowed the internet down or even broken it. However, the increased internet usage is actually making the internet stronger than ever.
Of course, the internet has slowed down, but due to the pandemic, it is expanding faster than ever, with traffic capacities being upgraded all over. Therefore, it’s time for businesses to consider upgrading their broadband too, as faster speeds can improve efficiency, user experience and enable broader connectivity.
Upgrade Your Business Technology in Colorado Springs With Us
At Axis Business Technologies, we offer comprehensive technological upgrades for computer and network solutions, including workstations, laptops, mobile devices, multifunction copier, servers, and routers. Contact us now to learn more about how we can help your business upgrade.
