Updated on April 10, 2024
You wake up to a frantic phone call from your IT department, informing you that your company’s sensitive data has been breached. Your worst nightmare has come true, and you find yourself dealing with the fallout from non-compliance. You start to wonder if you could have done something differently to prevent this from happening. The…
When running a business, senior management should never ignore the metric customer lifetime value (CLV). CLV measures the total revenue a customer will bring to a business over the course of their lifetime. This essential metric for businesses helps them understand the true value of each customer and how to allocate resources to maximize their…
At the beginning of each year, a group of global innovators meets. They introduce and show off breakthrough technologies. It’s done at the Consumer Electronics Show (CES), which is typically held each January in the U.S. This year, over 3,200 exhibitors from 173 countries showed off the future. Giving us a glimpse of what could…
A website is an essential tool for any small business in our current digital landscape. A website provides a digital storefront that can be accessed anywhere, anytime. It allows small businesses to establish an online presence and reach a wider audience than ever before. By allowing small businesses to showcase their products and services in…
Technology vulnerabilities are an unfortunate side effect of innovation. When software companies push new updates, there are often weaknesses in the code. Hackers exploit these. Software makers then address the vulnerabilities with a security patch. The cycle continues with each new software or hardware update. It’s estimated that about 93% of corporate networks are susceptible…
Running a small business involves a lot of moving parts, with a lot of priorities, and often limited resources and budgets. So, making every dollar count is of the utmost concern. It is therefore critical to spend your valuable time, energy, and dollars wisely. Making intentional and well-informed, strategic decisions is also critical. This makes…
The need to back up data has been around since floppy disks. Data loss happens due to viruses, hard drive crashes, and other mishaps. Most people using any type of technology have experienced data loss at least once. There are about 140,000 hard drive crashes in the US weekly. Every five years, 20% of SMBs…
In today’s data-driven world, big data has become an essential part of business operations for larger companies. It provides valuable insights into consumer behavior, market trends, and operational efficiencies. However, managing big data can pose significant challenges for larger companies. In this article, we will discuss these challenges and ways to address them. What is…
As a business executive, you know that increasing sales and improving the bottom line are critical to the success of your company. While there is no guarantee that outsourcing your IT and cybersecurity needs will generate a significant boost in sales, working with a Managed Security Service Provider (MSSP) can help you achieve these goals…
Improving patient outcomes is a top priority for healthcare providers and businesses, and data analytics is playing an increasingly important role in achieving this goal. Data analysts can leverage datasets, large or small, to identify patterns, make informed decisions, and ultimately provide better care for patients. Data analytics is the process of collecting, processing, and…