With so much now bound up in IT, writes Kirsty Worgan, it is essential to make the right decision - so consider not just the short-term costs involved in investing in your technology but also the long-term benefits it can bring
Ageing technology is an issue for many firms, as companies face the twin challenges of high running costs and escalating operational risks. Additionally, implementation of new technology can be a time-consuming process that can lead to further expenditure. As a result, many decision-makers rightly engage in a thorough due diligence process before deciding to invest in technology. Technology, however, as an enabler for business transformation and innovation, is fundamental for change. At a macro level, businesses across the globe are impacted by technology and many are in the process of ‘...
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