Unfortunately, technology is just a tool. It can do so much for your business, but there are times when your technology is getting older and it stymies the amount that you can produce. This degradation can have a stark effect on your organizational productivity from downtime, cost, and more. Let’s look at how you can identify variables that tell when your technology has to be replaced.
We know that implementing new technologies can be expensive and time consuming. It can hurt productivity in the short term and can be problematic for longer stretches if it isn’t remedied. This adds stress to an organization. This is why it is crucial that you know how to confront aging technology.
If you don’t know how to tell it's time for an upgrade, look for the following signs:
One of the telltale signs that you are going to need to buck up and invest in new technology is when your current systems start slowing. Applications might take longer to load, or they might just fail. Programs may not install and system resources may be eaten up by seemingly small processes.
Everyone knows that downtime is costly. It’s worse than that I’m afraid. It’s extraordinarily costly and serves to keep employees disengaged with their work. If downtime is causing massive swaths of waste for your business, it is already past time to start shopping for new technology.
Even if your computing systems aren’t critically failing, they can be inefficient. If you can’t deploy new communication and collaboration tools, or the ones you have sputter and give employees a hard time, you probably need to start thinking about refreshing your technology.
Software developers are always working on new updates, features, and patches to ensure that their products work for businesses. If you are using hardware that doesn’t run a certain type of upgraded software, or if you are using legacy software for things, you need a plan to upgrade.
No sign is more telling that you need to make some changes than an obvious loss of revenue. Obviously technology isn’t the only reason customers will fail to continue to do business with your company, but a lack of innovation is often cited by consumers as reasons to go shopping. One study found that 9-out-of-10 customers would consider shopping around if the company they traditionally did business with had poor technology.
If you would like to learn more about getting a much-needed technology upgrade at a price that you can afford, give the IT professionals at Preferred a call today at 708-781-7110.
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Daily Herald Suburban Business 2024 Best Places to Work Honorees The Daily Herald Suburban Business has announced the names of 51 companies, in 5 categories of competition, that are honored as the 2024 Best Places to Work in Illinois. This statewide survey and awards program was designed to identify, recognize and honor the best places of employment in Illinois, benefiting the state's economy, its workforce and businesses.
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