What Can Businesses Expect in 2023?
2023 is right around the corner, and if the past few years are any indication, it will be rife with challenges for businesses to overcome. Let’s consider some of these challenges, and what technologies can help minimize or even eliminate them.
Inflation and Supply Chain Issues Will Likely Continue
Unfortunately, the influence of the COVID-19 pandemic on the global economy is expected to persist throughout 2023. Exacerbating these issues, the current conflict between Ukraine and Russia has not helped matters in terms of supply chain stability. Now and moving forward, businesses need to plan for any supply chain disruptions or impacts of inflation…but how can this be accomplished?
When economic conditions are fraught with such risk, it is important that you are able to identify how vulnerable your operations are to the whims of the aforementioned challenges. By doing so, you’ll be in a better position to minimize or completely eliminate your vulnerability to these factors.
Customer Experience and Sustainability Will Be Priorities
Based on how 2023 looks to be shaping up, it will be important for you to address your customers’, clients’, and prospects’ priorities—which seem to be focused on sustainable operations. With more focus put on a company’s stance on assorted social and environmental issues, it will be important that businesses are able to identify where their current strategies and initiatives may be received poorly or have a negative impact on the company’s reputation—including those strategies that involve external parties, like cloud providers and the data centers they rely on, and how the impacts these parties have affected the business by association.
Likewise, your customers, clients, and prospects need more than just the assurance that you’re operating in an environmentally conscious way…they will want to be wooed, and in a more personalized and interactive way. This will also require the right IT to be in place, deployed so that workflows are streamlined and enhanced through technologies that have developed to the point that many of these responsibilities are resolved through automation. This not only ensures that the right processes are carried out in a timely manner, it allows your team members to divert their energies toward more gainful endeavors.
Employee Retention Will Require Effort
Since the onset of the pandemic, many businesses have struggled to keep their employees engaged, with many of these workers either leaving work as part of what has been called “The Great Resignation,” or participating in the more recent trend of “quiet quitting,” or strictly adhering to exclusively the responsibilities outlined in their job description and doing nothing more.
It is on the employer to then work to retain their employees through meaningful and fulfilling work and the benefits associated with it. Allowing for hybrid work is a great means of doing so, along with opportunities for upward mobility and increased pay and benefits.
What is Your Business Doing to Prepare for 2023?
Whatever it is, Point North Networks can help you manage the IT that it requires. Give us a call at 651-234-0895 to speak to us about what we can do for you.
How Do Hardware Shortages Affect Business Decisions
How often over the past year or two have you gone to replace a device on your infrastructure, only to find that the price has increased or the device simply isn’t available? This is an issue with the current hardware shortage, particularly for business electronics. Since businesses depend on technology, it becomes critical that you understand how this shortage impacts your day-to-day operations.
As you are surely well aware, there is a hardware shortage out there for computing devices due to a component shortage. This shortage stems from semiconductors, and it’s bleeding into every facet of device creation, from manufacturing to acquisition. Naturally, this creates issues for businesses that need to invest in new hardware for their employees. Here are just a few of the ways this shortage has impacted businesses like yours.
Price Point
As the costs of components increase, so too do the costs of the devices they are a part of. This is an unfortunate side-effect of the costs of manufacturing increasing, and the consumers ultimately pay more for devices. This can also impact the costs associated with services offered by providers, as they need to purchase and maintain equipment to manage these services.
Timeline for Acquisition
With hardware being in short supply, you can expect the acquisition of any new devices to take a bit longer than usual—particularly if you are looking for something very specific. We recommend that you build out a hardware acquisition timeline so that you know when and how often you need to perform hardware refreshes on your infrastructure.
It Makes Upkeep Even More Important
Finally, since devices are more expensive and harder to come by, you should understand that upkeep of your current hardware infrastructure is even more important than before. If something critical fails within your infrastructure and you are unable to immediately replace it due to shortages, what happens? Be sure to take care of what you currently have so that you can get as much value out of it as possible before it kicks the bucket.
What We Recommend
Point North Networks, Inc., recommends that you work with us to ensure that your hardware needs are met within a reasonable time and at a reasonable cost. Due to our connections and our working relationships with vendors, we know the most reliable ways to get the technology you need to succeed. Plus, it’s always better to have someone else do the legwork for you so you can avoid the frustrations that come from devices simply not being available when you need them most.
To get started, reach out to us at 651-234-0895.
