Technology business reviews

Technology business reviews

Businesses need technology to be profitable and productive. But not all technologies are capable of delivering on their perceived benefits. Therefore, to make sure your investments are worth keeping, you need to perform technology business reviews.

A technology business review reveals the strengths and weaknesses of your company’s IT framework. It’s often done by a third-party IT consultant who gives an objective assessment of your technology. They also provide recommendations to help you meet your goals. If done properly, technology business reviews allow you to:

Save money

Every review starts with a cost-benefit analysis to determine whether an implemented solution is worth the continued investment. If there are technologies costing you a fortune, consultants will advise you to cut them from your budget. All in all, the best ones will recommend cost-effective alternatives so you can do more with less.

Increase productivity with technology business reviews

System-wide reviews of your IT infrastructure show you what processes are hindering business operations. This allows you to formulate solutions to increase productivity. For example, if employees are mainly sharing files via email, consultants might suggest cloud collaboration platforms. For instance, Office 365 or G Suite, that store data in a centralized location for seamless file sharing.

Enhance security and compliance

Technology business reviews can also uncover security risks within your business. Consultants look for missed patches, poorly configured networks, and other software vulnerabilities.

They’ll then compile their findings to create a more robust cybersecurity strategy, usually, one that involves implementing advanced solutions. For example, intrusion prevention systems (IPS), file access restrictions, and patch management software.

If you operate a business that’s subject to data regulations like the Health Insurance Portability and Accountability Act (HIPAA) or Payment Card Industry Data Security Standard (PCI DSS), consultants will also pinpoint IT practices and solutions that are noncompliant and customize a strategy that ensures the privacy, integrity, and availability of your data.

Implement technologies that fit technology business reviews

Considering that new technologies are at a breakneck pace, it’s important to pick the best ones for your business goals. Technology business reviews keep you up to date on the latest technology trends.

Whether your goal is to increase profits, productivity, or security, technology business reviews can put you on the right track. Our seasoned IT consultants can conduct these reviews for you and develop a strategy that gives you an edge over the competition. Just give us a call.

Published with permission from TechAdvisory.org. Source.