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5 Signs You Should Update Your Business Technology

Published on: September 3rd, 2018

Today, technology is rapidly evolving and changing how businesses operate. As a business owner, it’s crucial that you keep your business running as efficiently as possible, and outdated technology can drastically hinder productivity. Luckily, it’s easy to identify the right time to upgrade. Look at your business and decide if it’s showing you any of these five signs indicating you should update your business technology.

Signs You Should Update Your Business Technology

If you’re on the fence about upgrading your business technology, here are five signals that hint that it’s time:

1. The business is growing quickly.

   

When a company is rapidly growing it requires many changes, including its technology. With an increase in employees, locations, and opportunities, you’ll need to use different systems and technology that are designed for larger scale companies. However, it’s important to weigh your options before jumping right into purchasing new technology.

Set up a budget to ensure that you won’t make any unnecessary technology investments. Your purchase should be cost-effective and have the ability to grow with your company.

2. Security has become an issue.

Your company’s security is vital, and if it’s threatened in any way, then it’s time to update your business technology. Older technology is typically more vulnerable to security breaches due to older or less compatible antivirus software. Outdated software can put your customers’ and company’s data at stake and potentially leave you with serious repercussions. Hackers are constantly finding new ways to steal data, so it’s crucial that you keep your system updated to prevent becoming a victim of cybercrime.

3. Productivity is suffering.

Old technology can hold your company back. If your computers or network are too slow or unreliable, it’s time to invest in new technology. Maybe your network can’t handle your web traffic, or your system can’t access data that collaborators are trying to share with you. Whatever the case, your technology is hindering your output and its quality, which can be frustrating for both clients and employees.

In this situation, it’s crucial to get feedback from employees and managers on what issues they’re facing. Then, consult with an IT specialist to diagnose the problem and develop a plan on how to proceed.

4. You’ve ignored software updates.

If you haven’t gotten the signal that your software is obsolete from external issues with collaborators, you may receive an internal signal. It’s crucial to update your software whenever updates become available. Not only can software become obsolete if it’s not updated, but it could even become harmful to your system. Keep up-to-date on any news from your software company and be sure to take action when you receive notifications that an update is available.

5. The company is changing directions.

If you’ve decided to take your business in a new direction, don’t forget to evaluate your technology, too. You might consider making the company more tech-savvy with new smartphones, laptops, and tablets, or setting up new online systems. Whatever direction you’re aiming for, technology can help you get there. Based on what you’re looking to accomplish, you’ll have to decide if you want to upgrade your current technology or even purchase entirely new equipment.

With an evolving business comes expanding technological needs. If your business is sending you any of these signs that it’s time to update your technology, our tech professionals are ready to help with expert support and guidance. Find your nearest Computer Troubleshooters office today to get started.