Technology infrastructure management is such a prominent component in today’s business world, and it’s important to know how to utilize it to its fullest potential. One way in which to do so is by conducting year-end IT reviews, where you can take a step back and reflect on which processes are running smoothly, and which ones need improvement going into the new year. There’s a lot to keep in mind for these reviews, not just in terms of what you go over, but why you are doing so and how it can benefit everyone on board. This way, you can maximize efficiency to improve your bottom line, and increase overall productivity. Let’s take a look at the many benefits of conducting end-of-year IT reviews, and why you shouldn’t be afraid to tinker with your current technology infrastructure.
It’s no secret that infrastructure management and a well-run IT program can greatly benefit a company. When analyzing the stats, it becomes clear that businesses do better and are more secure when utilizing IT solutions. IBM indicates that companies that have a well-organized incident response plan can reduce the costs of a data breach by 61%, and those with security AI and automation can lower costs by 70%. Further, companies that heavily utilize technology see a 4x increase in revenue growth, and a 6x increase in average employee growth rate.
So why are IT reviews a must? Well, since utilizing technology can improve operational efficiency, generate plenty of cost savings, and increase security against cyberattacks and other threats, it’s necessary to analyze just how these benefits are achieved. Basically, if something is working well, you need to see why it is working well. And what better way is there to do that than to conduct a year-end review where you can analyze every detail?
Now that we know the “why,” we must dig into the “how.” In what ways can an end-of-year review provide your company with all the nitty gritty details it needs to know to make way for improved initiatives? Here are the top things to consider when conducting a technology infrastructure management review:
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