Ferrum Technology Services Blog

With months and months of bad news, many businesses are trying to find the right recipe to keep from having to make the hard decisions. Problem is that these hard decisions are looking as if they are going to be inevitable. With costs rising and revenues shrinking, there needs to be a strategic urgency that will allow your business to sustain operations when other companies are laying off their workers and folding into obscurity. Today, we take a look at some of the technology investments that you can make to keep your business afloat during the economic downturn. 

It’s no secret that technology is a big part of today’s business, but how much money should your organization really expect to spend on your IT? Of course you need to stay competitive, but can you justify dropping huge chunks of capital on solutions that may or may not come with a visible ROI, or that’s total cost of ownership (TCO) is going to affect your ability to spend elsewhere? Today, we’ll talk about what technology your organization definitely needs, and go into the corresponding cost of that technology.