Insights

Part 1 of 5:

As artificial intelligence (AI) becomes increasingly essential in the modern business landscape, small and medium-sized businesses (SMBs) must evaluate their readiness to adopt this transformative technology. While 30% of SMBs plan to invest in AI soon, only 26% of companies using AI have achieved substantial value, highlighting a significant gap between adoption and impact. This article explores how SMBs can assess their AI readiness, aligning organizational culture and strategic goals to ensure successful integration.

Part 2 of 5: 

Small and medium-sized businesses (SMBs) face a growing threat from cybercriminals who see them as easy targets due to perceived weaker security measures and the valuable data they possess. Contrary to the misconception that SMBs are too small to be targeted, statistics show that they are increasingly victims of attacks, with ransomware being a particularly prevalent threat. Cyberattacks can cripple SMBs, leading to substantial financial losses from system repairs, data recovery, business interruption, and potential lawsuits.

The ego is the enemy of a successful business. If a company is going to operate in an ideal way, it will need teamwork and a leader willing to hire or accept help. This help comes in the form of a business consultant.

Most small and medium-sized businesses have trouble choosing between Office 365 and Google Workspace to execute their business activities. It is no doubt that they are compelling solutions and have demonstrated undisputed competition in providing cloud services. However, they both have pros and cons that are worth evaluating when choosing the best. Read on to discover more about Office 365 vs. Google Workspace, their features, functionality, and prices, among other crucial comparison entities.  

A good business is always prepared for a breach or an attack on its IT systems. To ensure maximum security, a routine security audit should be conducted on a regular basis. An annual security audit prevents the chances of data breaches by ensuring you have the proper protections in place and that they are working as you would expect in the case of an attempted security or data breach. You can have a strong business or even extra security detail at every entrance, only to have one cyber-breach knock you flat.
So how do you avoid being compromised? The easy answer is to ensure you conduct a regular security audit. This will help to protect your business information, credit card information, passwords, and customer information – keeping you locked down and secure. Here are a few reasons why your business needs an annual security audit:

Running a business takes a lot of energy. Figuring out how to run it to the best of your ability should not be a daily struggle. If you do not already have a standard operating platform for your company, it might be time to consider migrating your systems, so that you can focus your time and energy where it is needed most. One of the more common migration scenarios is going from Google (G Suite) to Office 365. Let us look at some of the factors to consider when thinking about this particular migration.

Regardless of the size of your business, today’s digital climate involves risks. In fact, smaller and mid-sized companies are open to more threats due to lack of protection and know how. Cyber security is a critical part of managing those risks and taking the necessary steps to protect your assets. It pertains to all the IT measures needed as preventative measure against cyber risks. Cyber risk is any risk of disruption, monetary loss, or reputational damage of an organization due to an IT system failure. Before stepping into the cyber security context, one needs to come to terms with the dynamics of the digital era and the highly vulnerable virtual environment of today.  

Investing in tools and systems that improve productivity has long been considered a necessary cost of doing business – a better set of tools creates a more productive workforce. In the 20th century, those kinds of technologies were essentially production-enhancing tools (think faster writing tools like the typewriter and word processors). Not all these improvements were required. Some companies did not feel the need to keep up with the latest trends. If you could afford them, great, but if you didn’t you still managed to get by.   

Everything fails. This is true for everything in life, including networks, databases and systems. No one can avoid failures and their lasting impacts. It is not so much the fact that they fail, but it is more about the costs and damage they leave behind, especially when considering IT downtime.