fbpx
Mytek Logo
MyTek Logo

Smart Technology Investments That You Should Be Making

by | Apr 25, 2022 | Business, MyTek Blog

Q

Subscribe To The Blog

By subscribing to the blog, you will be notified when a new blog post is created on the site.

Smart technology investments are being made by a ton of different companies, and if you’re here, we’re guessing you would like to make one for your own business. If this is the case, you might be having some trouble figuring out where to and how to invest in the right technology. We’re going to give you a few tips today to make your smart technology investments easier and more beneficial to your business.

Why Even Invest in Technology?

Before we discuss the tips and tricks, we want to discuss why investing in technology is becoming so popular. Most business owners, in the business world, feel as though they are constantly falling behind with their technological advancements. According to a poll from 2021, over half of the respondents thought they were probably spending too little on their tech budget. In comparison, only 20 percent thought they were probably spending too much. That’s just a look at how businesses are seeing their technological investments. Here are some reasons why small businesses invest in technology:

  • Integration of new systems and applications to help advance their efficiency
  • Cybersecurity tools
  • Measures to manage and analyze data
  • Upgrading their systems
  • Upgrade to fit their younger workforce
  • Expanding their reach and commerce to Internet
  • To manage to build IT complexities 

If you are like any of the other small business owners that feel like investing in technology is the next move, we want to make sure you are investing in the right tech. There are three main strategies to identify what technology your business should be focusing on.

Look Inward

First, assess what problems your business is currently facing that could be fixed with the addition of new technology. Can technology reduce a financial burden your company is facing? Can technology help add efficiency to any part of your business? Take a look at your pain points and see how they can be adjusted with the help of some new technology tools. If you don’t plan ahead and look at your business’s unique needs, technology can actually become a problem, instead of a solution.

More Value

All businesses need to be unique in one way or another, in order to succeed. Technology can help your business stand out from others, in ways you might not have realized. This will give your customers more value, and engage new customers as well. Explore ways that your new technology can make your stand and make decisions based on those investments. 

Get Creative

Don’t invest just to invest and end up wasting your company’s time and money. Instead, get creative and find investments that will benefit your business and your customers. There are so many unique smart technology investments out there, so give MyTek a call today to get started on your journey of finding what would work best for you. Give us a call at 623-312-2444 to talk strategy and to learn how technology can change your business for the better, in ways that won’t break the bank.

ABOUT THE AUTHOR

Tim - Team

Tim Tiller, LMSW

 
Tim Tiller, MSW brings a deep service background to his role at Mytek, having graduated from McDonald’s management training program, fresh out of high school, and working his way up through the ranks in the hospitality industry. He has led two prior companies – Multi-Systems Inc., an IT-focused organization providing technology to hospitality companies (where he was named President at age 36), and most recently, as Chief Operating Officer for Jewish Voice Ministries International.

Q

Subscribe To This Author

By subscribing to the author, you will be notified when a new blog post is created by the author.

AUTHOR’S RECENT POSTS

Top 5 Hardware Monitoring Software 

Did you know that almost 40% of servers had at least one outage in the last twelve months? Veeam reports that the most common reason for outrages is infrastructure failure which puts the current hardware monitoring practices under the scanner. Hardware failures are...

Types of Mobile Malware & How to Defend Against Them

Malware has a long history of undermining computer security and stealing critical data. With the rapid growth of mobile usage, we're now seeing a new breed of mobile malware infecting smartphones and tablets. The new-age mobile malware are more advanced, seamless, and...

How to Protect Your Data Privacy & Enhance IT Security

Every time you use a device, you enter, modify or access data. Some of your usages are routine and public but sometimes you perform tasks that are confidential in your personal life or business. Naturally, this type of data is private and it should be kept that way....

Mobile? Grab this Article!

QR Code

Blog Archive

Share This