New Year, New IT: 4 Considerations for Any New Tech Acquisition

Each new year is an opportunity to reflect on what your business has gotten right and what it needs to improve. Your technology is one of those parts of a business where there’s always some room for improvement. If new IT solutions are on the docket for the upcoming year, here are four questions you can ask to make any new implementation successful.

What Does Your Business Actually Need?

Too many businesses buy new IT solutions due to “shiny new toy syndrome” rather than out of actual need.

There is a danger to purchasing IT solutions you don’t have a real need for. When your infrastructure grows too large, you fall victim to IT sprawl, which creates a larger surface area for cybersecurity threats to strike. Furthermore, you have to manage and maintain all solutions you implement, which could come with a personnel, time, and/or financial cost—none of which you want to take lightly.

Do yourself a favor and carefully consider your business’ top pain points before committing to a new IT solution.

What Does Your IT Get Right?

What parts of your business stand out to your customers?

You can use this information to procure IT solutions that help you double down on what is consistently a bright spot for your business. For example, if you provide excellent customer service, consider ways you can make things even better. If your team provides excellent products, consider ways to communicate new and exciting products to existing, happy customers.

Who knows? You might find your profits growing as we progress through the new year!

Is the Price Right?

A new year is a great time to consider your IT budget and how much you’re paying for services… as well as how much you use them.

Whenever you purchase a new piece of technology, equipment, or business solution, you have to consider the return on the investment. In other words, is it worth what you’re spending on it, and how much will it save you over the next couple of years? It’s sometimes easy to see the short-term benefits of a solution and use them to justify the expense, but if the solution will cost you more over time than you’d like, it’s worth reconsidering the solution for one that is more cost-effective.

Ultimately, you don’t want to invest money into a solution that is only situationally useful—especially if that situation is rare or hardly ever shows up.

Do Your Employees Agree?

While you don’t necessarily need your team on board with any new IT acquisition, it helps to collect their perspective.

After all, your employees are the ones who are in the weeds all day, either plowing through tasks or struggling to make their technology work for them. It helps to ask their primary concerns and how you can use tech to address them. In a certain sense, you can reaffirm that you’re making the best decision for your business by getting your employees’ thoughts.

This can help you feel better about investing in a new solution, knowing full well that it’s valuable to your team.

Ring In the New Year with Phantom Technology Solutions

For all your IT needs, you can rely on Phantom Technology Solutions. Learn more by calling us today at (800) 338-4474.