In times of financial strain, IT budgets can, unfortunately, be one of the first line items to go. With so many things up in the air for 2021, business leaders will need to inspect their budgets with extra scrutiny.
Putting off IT expenses can create what techies call technical debt. Technical debt, also referred to as tech debt, code debt, or design debt, describes a situation when technical quality is sacrificed in exchange for a speedier delivery.
Regardless of the “why,” going into technical debt can become a black hole, affecting more aspects of your IT program than expected.
In today’s ever-changing technology environment, here are the top IT investments companies are making for 2021.
Prioritizing Digital Transformation
In a recent survey on U.S. technology spending, companies were split on what direction IT spending will take in 2021. About a third of IT staffers reportedly expect a decrease in spending, while nearly half reported the opposite — an increase in overall dollars allocated to IT expenditures such as digital transformation.
Inside most businesses, this transformation means a continued focus on remote access and the capabilities for workers to use any device anywhere at any time to access work applications.
From a revenue-generation standpoint, companies will continue to promote “all things online,” providing better customer experience, diversified revenue sources and greater access for product and service orders and fulfillment.
Continued Adoption of the Cloud
More than half of respondents to the survey expect to increase investments in cloud services this year. Experts believe that business leaders will continue to propel a significant increase in cloud spending, as they chase innovation.
The cloud supports remote access well and provides an additional layer of cybersecurity, also expected to be a hot button in IT planning this year. By partnering with a trusted cloud services provider, your clients can be assured they are protecting their sensitive information and reducing their risk of attack.
Get the Secure, Affordable IT Support Your Business Desperately Needs
At CPU, we offer secure, flexible and agile cloud solutions exclusively for MSPs. Just like you, we provide white-glove service, and we only serve MSPs, never competing for your clients. You work hard to gain new business and we can serve as a useful tool in your arsenal.
If you’d like to talk with us about how we can help you, please reach out by email or give us a call today at (877) 373-8808. We offer a full-service solution that you can rely on and trust, from cloud design to cost contaminant, migration, security testing and even special projects.
Find out how we can help make this year your best year yet!
