Technology Costs & Where It's Worth Your Company to Invest
Over the past 2 years, businesses in every industry have had to make rapid operational adjustments to adapt to the pandemic and reduce its financial impact.
Resources, projects, and functions may have been initially outsourced or cobbled together internally as a short-term solution. Even though for now, the office
is open, but many employees still choosing to work remotely. It is the reason many companies still seeking longer-term stability are investing in and adopting
new security solutions in their IT departments.
Here are some top IT investments businesses are making currently:
1. Cybersecurity
Research reveals that Singapore ranks 6th in the world for having the highest number of databases exposed to the internet, which hackers may easily breach
and exploit. No company is secure from hackers, and the more a company invests in cybersecurity, the better. A hack may harm your business, destroy your
brand, and cost you millions in litigation expenses. As more businesses prioritize security, cybersecurity skills will be in great demand.
2. Cloud Services
The widespread use of remote work has prompted companies to seek out technology that can be accessed from anywhere, at any time. Cloud technologies
have become profitable because they are versatile, scalable, and can be accessed anywhere. These technologies have proven especially enticing to small
companies since they are cost-effective and do not need a high level of technological knowledge in-house. In 2023, cloud computing will consume almost a
third of IT spending.
3. Tools for Increasing Employee Engagement
Employees who work remotely may struggle to remain involved for lengthy periods. Yet engaged team members are critical to boosting productivity and creativity.
Therefore, companies have to continue to invest in technologies such as cloud-based collaboration software, internal social media platforms, communication tools,
and productivity software to emulate the in-office experience.
Companies have to invest heavily in IT infrastructure, ranging from software to hardware and managed services, to accommodate their employees, sustain their
productivity, and assure company continuity.
Have no idea where to make all these IT investments? ACM is here to assist your business by providing the IT services mentioned above. So, please do not
hesitate to contact us via our hotline at 6295 5962 or email us at
info@achievement.com.sg today!
