BNMC Blog
Technology is a big part of the modern business. Even the small business. In fact, worldwide IT spending in the small and medium-sized business sector is expected to top $650 billion in 2021. That’s impressive, but what technologies are they spending their capital on? Today, we take a look at what technology small businesses are investing in, and how it has an impact on the way they do things.
The past two decades have generally seen business technology in one of two camps: either IT (information technology), which includes all of a business’ computers, peripherals, and networking equipment, or OT (operational technology), which included everything else. As time has passed, both have advanced, and now both carry the risks once limited to IT. Let’s examine how you can better secure your business by focusing on the convergence of IT and OT.
Innovation is a core necessity of the market economy. Taking good ideas and making them more dynamic and practical fuels economic growth, efficiency, and creates a better standard of living for the entire culture. IT is now firmly transforming the way that business is done with innovative tools and strategies. Today, we’ll look at some of the shifts we are seeing come about as a result of information technology.
When running a business, you can’t always upgrade your technology to the latest and greatest equipment or software every time something new comes out. Yet, you also don’t want to be left behind, which would be limiting to your growth and mobility. Moving forward can be a daunting task, especially if you haven’t revamped your IT strategy in some time. Paying attention to the details is an important part of avoiding potential roadblocks with your future IT strategy.