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Hints and Tips | Ensuring your Tech Investments Pay Off


Home | Hints and Tips | Ensuring your Tech Investments Pay Off

Ensuring your Tech Investments Pay Off

Technology investments can do much more than just satisfy basic business needs. With the right planning, they can play a critical role in boosting your company’s competitiveness, growth and profits.

But when small and medium-sized businesses go shopping for technology, it’s not unusual to hear about costly investments not paying off. Here are some common pitfalls.

Tech purchases are often made hastily or in an emergency – not as a thoughtfully planned part of a business strategy.

Businesses rely on product vendors for advice when choosing systems.

Purchases tend to be carried out by staff with little IT expertise.

Technology is often viewed as an expense rather than as a strategic tool.




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