7 Common Technology Problems Companies Face Today

Are you managing a rapidly growing business? Are you struggling with various technology problems? The first step to winning against these IT issues lies in understanding their nature.

Different IT challenges pose various kinds of problems. The more serious ones can cause significant disruption, even in large companies. IT downtime, for example, costs businesses $1.55 million annually.

Thankfully, there are solutions available. But you must first pinpoint what these common problems are to arrive at the most effective resolutions.

Let’s take a look at seven of the current technology issues that hound most business:

1. Rising Security Threats

This is one of the most common and potentially most costly among IT issues, both small and large-scale businesses encounter. Security threats come in many forms. Hackers use malware, phishing, and all sorts of tactics to breach companies’ IT systems.

These cyber-attacks are serious that they cost businesses an average of $200,000. Sometimes, smaller companies cannot absorb the impact, which leads to their untimely closure.

Furthermore, hackers continuously come up with new tricks. With these evolving risks, you must counter them with evolving solutions. Investing in managed security solutions is an excellent strategy to consider. This also covers all the patches, upgrades, and troubleshooting requirements of your business.

2. Backup Issues

Another common problem involves data backup. Backup issues happen in different ways. You may one day open your computer and no longer find your files.

An overload in your routers may cause such an instance.

Sometimes, you may accidentally delete important files. But since you don’t have an efficient data backup strategy, you may not have any copies of the data you just removed.

In more severe cases, hackers may breach your security systems. They may use ransomware to steal your data and hold it in exchange for money. They can even steal the private information of your clients.

This can translate to massive losses for your company.

Hence, any business must have an excellent data backup plan to protect confidential data.

3. Technology Costs

Like any other business, your monthly bills will soon pile up toward the end of the month. These involve your utilities, as well as payments for suppliers. The same thing goes for your billing and invoicing requirements.

Furthermore, arranging these things involves a lot of paperwork. And the tasks can also be repetitive. As a result, your employees lose a lot of time, which they can channel toward other tasks.

The more time you lose, the more your productivity reduces. In turn, you will lose more money at the end of the day.

But through technology expense optimization, you can cut down expenses. You will also increase your efficiency and productivity. With such a system in place, you can cut down your paperwork.

You can manage your bills and invoice much better. You will also reduce mistakes and inaccuracies.

4. Compliance with Regulations

If you’re from the healthcare or retail sector, there are certain laws and regulations that you need to comply with. To comply with these regulations, you need to have the right solutions in place.

For example, hospitals must comply with the Health Insurance Portability and Accountability Act (HIPAA). You also need to improve your system’s uptime and to protect your connection from outages.

As for the retail industry, you need to ensure PCI DSS Compliance. By investing in the right IT solutions, you can simplify the analysis, remediation, and validation of compliance.

5. Hardware and Software Problems

Businesses will also encounter technology problems with their software and hardware. It can be a malfunctioning PC or software that fails to do its job properly.

The reality that you need to understand and embrace is that computers and software applications do break-in time. It is not a matter of “if” they will break down but rather, “when” they will falter.

You’ll also have to deal with expired software licenses, malware causing malfunctions, and cases of overheating breaking down hard drives, motherboards, or other physical components.

The solution is to standardize your office hardware components. The same thing goes for your software applications.

6. Inadequate Power Protection

Sometimes, a surge or spike in electricity can damage your office’s electronic equipment. Moreover, these surges may lead to an outage that translates to the loss of critical data.

You may need to invest in emergency auxiliary power units. These provide enough power to safely save data and shut down your computers. They don’t last long, but they’re good enough in case of a power outage.

Apart from backing-up your data, you also need to invest in backup battery devices. Invest in devices that come with surge repression. Also, include their regular check-ups in the maintenance duties of your IT personnel.

7. Cloud Confusion

Last but not least, businesses often encounter confusion with the cloud. And if we’re going to identify a common pain point, it is the multi-cloud security.

When investing in cloud-based services, you need to inquire about the level of security across several platforms. This is because a multi-cloud approach involves managing different security systems.

Unfortunately, these systems are often inconsistent or incompatible.

Also, there is confusion when it comes to cloud usage. Some providers do not offer transparency when it comes to usage and invoicing. Staying on top of your cloud usage allows you to save time and resources.

Moreover, the cloud isn’t a one-size-fits-all thing. Hence, you need to find a cloud model that comes with custom solutions. You want to invest in cloud-based services that effectively meet your requirements.

Solve These Technology Problems Through Intelligent IT Solutions

By understanding the most common technology problems, you can prepare early and protect your IT infrastructure from threats and complications. And if you’re looking for dependable managed solutions, then you came to the right place.

We offer intelligent IT solutions for businesses from various industries. Contact us today and tell us what you need. Let’s discuss your options and strengthen the growth of your business!