Featured Articles
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CVP Analysis: Why Your Business Needs To Conduct One Now In Light Of The Possible Recession
11/28/2022
As a business owner, you know how imperative it is to constantly look for new ways to improve your company’s financial health. From seeking out less expensive suppliers to analyzing ways to boost the efficiency of business processes, there are countless methods to cut costs and increase margins. However, with a possible recession just on the horizon, there is one action you may be forgetting to do that is vital for maximizing your company’s future financial wellbeing: conducting a CVP (Cost-Volume-Profit) analysis financial stress test.
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Creating Supply Chain Resilience Amid A Serious Developer Shortage
11/21/2022
Supply chains have been indelibly linked to the trend toward globalization for the past several decades, driven by productivity-enhancing technology, reasonably priced multinational labor costs, and efficient logistics. However, businesses across the globe are experiencing supply chain disruptions and a shortage of workers that result in both increased labor and higher transport costs that aggravate inflation.
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5 Ways To Prepare Your Company's Finances For A Possible Recession
11/14/2022
As a company owner, you have likely been dealing with all the effects of inflation as of late — the prices of raw materials have skyrocketed, shipping costs are way higher than usual, and business commutes now weigh much heavier on your bottom line due to astronomical gas prices, and the list goes on. You have likely been hoping for a respite from it all, but unfortunately, there may be another big problem on the horizon: a possible recession.
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Addressing The Labor Shortage Through Automation
11/7/2022
It’s nearly impossible to escape news updates about how tumultuous the economy is and its impact on the job market. While baby boomers definitely know a thing or two about how to weather a career-defining economic storm, Generation X, Y, and Z have less experience, respectively. Fortunately for younger generations, their sweet spot is their ability to use their technical prowess to navigate their careers. In comparison, baby boomers are comfortably settled into more manual processes and routines.
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Mastering The Rising Complexities And Speed Of IT Procurement
10/24/2022
When a client has a specific technology need or sends out requests for bids on a project, time is often a key factor in their eventual purchasing decisions, as are pricing and availability. Experienced IT services firms understand how hard it can be to overcome the challenges and successfully close these sales. Whether attempting to decipher long lists of complex requirements or waiting for vendors and distributors to share the correct information, the processes can be tedious, and delays can easily compromise potential deals.
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ASCII Insight: MSPs Share Their Thoughts On Cyber Insurance
10/19/2022
In our ongoing quest to provide you with the best business advice possible, we’ve partnered with The ASCII Group and their members who are going to share their thoughts on timely topics or best business practices. In this article, ASCII members answered our questions about cyber insurance.
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A Messaging Bangladesh – Why Nobody Reads Your Stuff
10/17/2022
When taking a new technology to an old market, take the time to see what those guys read. Then take the time to see what their tech vendors pitch them. You will be pretty depressed so much dough is spent for so little benefit.
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Tapping Into Growing Demand For Sustainable Data Center Solutions
10/10/2022
Before the start of each new year, Vertiv identifies the emerging trends that will impact the data center industry in the coming year. This year, one trend stood above the others for its impact across the industry and the value chain supporting it: increased urgency around sustainability and climate change in data center design and operation.
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How To Simplify Your Infrastructure Disaster Recovery Plan
10/3/2022
Whether you run an e-commerce site, are in the ad-serving business, or any other industry doing the bulk of your business online, unplanned downtime (due to outages), a ransomware attack, or a natural disaster can be one of the largest threats to your organization’s online success.
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Why Businesses Have To Start Leveraging Data And Automation To Its Fullest Potential
9/26/2022
The past two years have been a rude awakening for many organizations, whether they were able to fully go remote or not. Even in manufacturing and other sectors where work had to be done in person, the use of smart technology has significantly increased. Processes like stock taking and operational auditing are now done electronically. While the pandemic forced businesses to embrace tech investment that was previously deprioritized, the fruits of such investment have changed their minds around it. Now, they are embracing it.