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As we approach 2024, businesses are facing an ever-evolving technological landscape. With innovations constantly emerging and integrating various platforms and tools becoming a standard operating procedure, managing technology expenses is more challenging than ever. Enter the realm of Technology Expense Management (TEM) companies, which offer specialized solutions to navigate this complex terrain. For forward-thinking firms, acquiring a TEM company can yield significant advantages.
2019 has seen the maturation of some tech trends that have been developing over the years, as well as cutting edge technologies in the infancy of their applications. And, disruptor technologies are now being employed by mainstream businesses, such as banks. Here's a closer look at what's happening in tech this year.
Part of keeping a budget is figuring out what parts of your business are pulling their weight and which areas can afford to trim some fat. For IT, that often comes down to equipment and services. If you’re spending money on something you don’t use, it might be time to cut it from your life. For too many businesses, fax machines sit somewhere in limbo. They still get used, but can you really justify the money? You’re about to get solid answers to that question.
With the increasing digitalization of the business world, IT has become an ingrained aspect of every business strategy. As such, it should come as no surprise that the demand for top tech talent is at an all-time high, forcing employers to become more creative and determined in not just recruiting new IT talent, but in also developing and retaining new and existing IT talent. The following is a look at a few key strategies companies can employ to improve their own recruitment and retention numbers:
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.
Not everyone who works in IT dreams of becoming a manager. Perhaps you started out as a JAVA developer or database architect. Now, someone has tapped you on the shoulder and asked you to take on more responsibility. How do you make the transition from peer to boss? This moment could have been a few days, a few years or decades ago. However, it's never too late to rethink the basics or pass on advice to someone transitioning into a leadership role.
Enterprise IT technology is anticipated to grow $100 Billion by the year 2020. While the year 2020 may seem like it is in the distant future, the reality is 2020 is only two years away. The future is here and the need for innovative technology is only going to increase. This means the need for cost management and IT service, software and device control is at an all-time high.
