Organizations worldwide have begun trending toward the management of their enterprise Information Technology (IT) spending with an eye on implementing cost optimization ideas as an ongoing process. Research shows this practice gives organizations more control over their IT spending, generating more accountability and realizing long-term cost savings that still allow organizations to work toward innovation investments.
Telecommunications have greatly changed over the past decade. We have gone from an era of using landline phones to carry out business calls to using voice and video applications to connect with employees from all across the globe. Now, more than ever, it is vital to ensure all of your communications are carried out with crystal clear quality.
A simple misunderstanding can hinder project completion. More importantly, it can impede customer satisfaction levels. VoIP technology mitigates these problems. Let's explore the top seven reasons VoIP technology makes for a wise investment and how it can serve as one of your most important assets.
It always comes back to money. Many business owners and operators would prefer to put all of their focus towards satisfying customers and providing the goods or services that they truly value.
Unfortunately, there are expenses outside of that scope, and one of the big money eaters in every industry is IT. Yet, bringing those expenses under control doesn’t have to be as daunting as it feels. Here are five tips that can get your spending under control in surprisingly short order.
It seems inevitable that someone who is not an expert in IT will have at least some responsibility of overseeing IT costs and spending. That’s just how things go. What is vital when this occurs is to ensure that anyone in charge of finances has an opportunity to understand some of the unique ways IT costs impact ROI. With that in mind, these are the five of the most common IT-related money traps that hurt businesses in every industry.
You take a deep breath as you look at your bank account…
You notice your balance is lower than expected…
Did a mysterious creature steal your identity?
Have you purchased something without knowing?
You peek through your recent charges and discover that your telecom provider increased your rates without your knowledge and charged you a mysterious fee which leaves you stranded with a bigger hole in your account than you anticipated...
AND YOU SCREECH WITH HORROR!
As jobs in the US are growing at an exponential rate and more demand is being placed for skills in cybersecurity and IT talent, the race is on for HR managers to find the ideal workforce for these roles. But as more baby boomers are retiring, the talent gap continues to widen. The most recent Manpower Talent Shortage Survey shows talent gaps in U.S. companies that are as large as 32 percent, particularly those in the construction, healthcare, and manufacturing industries.
Few things hinder a company's functions faster than significant talent holes. This widening gap is challenging HR managers across the country to think outside the box to find new methods for solutions. A few of them from experts in the talent search field is below.
Tariffs are the talk of the day for most economists. Stock markets ping pong every time there’s a new announcement, and there are already major business sectors that are bracing for the potential storm of a trade war. There’s a lot of hyperbole and fear involved with this topic, but the truth underneath it all is that every business needs to have an idea of what to expect from these tariffs.
Condensing an analysis of the entire economy into a single blog post would be a little too ambitious, so this one is going to focus on IT. More specifically, we’re going to discuss how tariffs are likely to shape the landscape of IT across industries.
If your business uses any type of telecommunications to perform its operations, then you likely have a need for telecom expense management (TEM). And the truth is, almost all businesses use telecommunication in at least one form, meaning all of them can benefit from investing in TEM software.
Even though many business owners frown upon having to make yet another investment in another type of technology, when looking over the benefits of TEM software, you will start to see that instead of an investment, it actually proves to be a valuable asset. For now, let's take a look at TEM software and how it proves to a valuable investment.
No matter the industry your business operates in, communication is the soul of your operations. Without effective communication, operational processes become blurred and profit margins decrease. More so, customer satisfaction is hindered and your brand's reputation can easily be tarnished.
From virtual manufacturing breakthroughs to cybersecurity protocols, breakthrough technologies have no surprise become important for more industries in the business world than in past years.
Adapting to new technologies is an essential process for many companies to evolve, but when does it become necessary to implement them? At what point do you know when investing in new parts or processes steps away from an unnecessary expense and becomes a financial asset? This helpful tool for financial leaders will give you the clues to identify opportunities to enhance your company's financial portfolio and performance for a better return on investment. Let's review.
You already know that managing telecom expenses is crucial to saving money. With a bird's eye view of your telecom expenses, you can easily pinpoint where you are overpaying for services as well as identify where changes need to be made. More importantly, you can see if employees are abusing their telecom privileges.
It should come as no surprise that the convergence of IT and telecommunications is now taking place faster than ever. We have known for quite some time that this convergence was going to become a common occurrence among organizations across the globe.
Having hard skills, such as expertise in project scheduling tools and budget software, is critical to project success. However, soft skills that make you an effective leader are just as important. You may take your leadership skills for granted, but it's important to hone them and pay attention to what your team responds to.
Operating and managing a successful business requires more than the ability to provide products and services with high demand. When you want to build a successful business or brand, keeping your company's IT management skills and techniques in mind is essential. Knowing how to optimize your company's IT management is a way for you to ensure all projects and tasks are being completed as effectively and efficiently as possible, even when you are not around. Optimizing your company's IT management provides a better work culture and environment for employees to help increase the overall output of each day's work.
Modern companies no longer run on simple telephone services, they have evolved to operating on an entire IT and mobile-based infrastructure. One that is ever-changing. As emerging technologies are increasingly adopted, it creates copious amounts of labor-intensive details for businesses to manage...