How IoT Could Affect Your IT Budget

Posted by Rob Williams on Tue, Jan 10, 2017 @ 09:30 AM

 

When you think about the Internet of Things (IoT) in the context of a business setting, do you picture a large enterprise or a small or medium-sized business? Many of us think of the enterprise. This may be because SMBs have been slow at reacting to IoT compared to enterprise businesses. In fact, one recent survey found that roughly twice as many enterprises have deployed IoT compared to SMBs.

There are a number of reasons that SMBs have been slower. For example, some IoT solutions are costly unless you purchase them at scale. Additionally, setting up the infrastructure that allows you to get the maximum benefit of IoT—such as deploying analytics solutions for IoT-generated data—can be costly.

The truth is, though, that IoT offers significant opportunities to SMBs. IoT devices and services enable new operational efficiencies for SMBs. IoT solutions also offer SMBs potential new revenue streams. Here are a number of ways IoT can affect SMB IT budgets.

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Topics: Budget, IoT, IT Budget

3 Critical Factors to Consider for Your 2017 IT Budget

Posted by Rob Williams on Tue, Nov 08, 2016 @ 09:38 AM

 

If your business is anything like most SMBs, then you have to accomplish several important objectives with a tight technology budget for 2017. Maybe you cannot have everything you want next year, but with careful planning, you might just get what you need. This article will show you how to plan a cost-effective and goal-oriented budget for next year. 

Prioritize Your Goals and Technology Needs 

There are 3 main buckets that your IT budget falls into: security, cloud, and storage. How much of your IT budget belongs in each bucket depends on your business goals, your technology requirements, and your security needs. 

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Topics: Security, Cloud, Storage, Budget