IT - an asset of a liability

Is Information Technology an asset or liability for your business? 

It could be either. You could be exposed to an IT risk that strangles your business or it could be that competitive advantage that secures your business future. 

But how would you know unless Information Technology IS your business. It is highly likely that in most other aspects of your business that aren’t your core functions, you seek expert advice on this. So, why wouldn’t you seek expert assessment and advice on this critical business capability? 

Let’s start by helping you to ask yourself some questions about your business and its relationship with IT:

1. If your business (for whatever reason) suddenly had no IT capability at all, how long could your business survive? 
2. When was the last time you attempted to recover old data? 
3. How current are your existing IT software licences? 
4. What is your current spend on information technology? (include hardware purchase, software licensing, network and mobile phone services, managed services provision, software support)
5. How is your business protected from cyber attacks (intrusion, data theft and ransomware are all increasingly common with devastating effect)? 
6. What information technology capabilities have you examined in the last twelve months that could improve your business operation and profitability? 
7. What information technology functions are performed on your own hardware that could be performed in the Cloud, and what would the benefits be? 
8. Do you have an Information Technology Strategy Plan that is part of your Business Plan? 

Assuming for a minute, that answering some of these questions raises some red flags for you, the next obvious question, is where do you get advice? 

Clearly, we think it is here, at Resolution8 Digital Advisory and one of the core reasons for that is that we can offer independent, vendor agnostic advice. For those businesses that already employ the services of a Managed Services Provider for Information Technology, you already have technology expertise on hand but, do you know how their services and pricing compare to the market and (this is important), would it be wise to seek advice from somebody that is not independent and agnostic? That would be like asking your friendly Toyota dealer what you should spend your vehicle budget on… no prizes for guessing that will result in an increased spend with your Toyota Dealer. 

An initial consultation with Resolution8 Digital Advisory will cost you nothing, so what do you have to lose?  
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IT, liability or Asset? Contact us to find out.