Businesses are spending more on IT this year

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Is your business spending more on technology this year?

As a business owner or manager, you know how important good IT is. Your business couldn’t function without it.

Your IT isn’t just about computers and data. It’s everything from your phone system to your printers to where you access your documents.

And that’s without going into the measures you must take to keep your data and infrastructure safe and secure from cybercriminals.

So, we weren’t surprised by a new forecast from IT research and consultancy firm Gartner, which predicts businesses will spend more on technology this year.

The global IT spend could reach an enormous $4.4 trillion despite rising inflation, the Russian invasion, and shortages in chips and IT talent.

We believe there’s been a fundamental shift in the way businesses view their technology.

Two years ago, at the beginning of the pandemic, companies were forced to take unexpected urgent action to help employees work from home. In many cases, that meant a significant investment in devices, rapid changes to systems, and the adoption of new technology.

And it’s worked out well for most. Businesses have adapted quickly, and many have embraced the changes more permanently.

But it’s also made business leaders realize they need to be better prepared to respond to potential future disruption.

This is the difference between a flexible and agile business… and one that stumbles at the first hurdle.

Many businesses no longer see IT as a cost. Instead, they embrace it as an investment. They can see the direct correlation between creating robust, safe, and flexible systems – and their teams’ abilities to achieve more.

Owners and managers also place more value on excellent, proactive technology support from a trusted partner.

To not only plan and execute big development projects. But also to help reduce downtime and ensure systems are secure and running as they should be.

If you’re reviewing your spending on technology and support, we can help. Get in touch.

Published with permission from Your Tech Updates.