Are you prepared for the 2021 IT Budgeting Process?

2021 IT budgeting

Are you prepared for the 2021 IT Budgeting Process?

August 4, 2020

August and September are typically the time when businesses start to prepare budgets for the coming year. Included in this is Information Technology (IT) budgeting. This year, thanks to Covid-19, 2021 IT budgeting has become more complicated.

With more people working remotely and in many cases many offices not planning to re-open in the foreseeable future, if at all, technology expenditures will increase. You might be thinking that you already crossed this hurdle when you first sent staff home to work, but unfortunately, that was just the first step in the long road to have staff working from home safely and effectively.

The next phases of work from home go well beyond purchasing web cameras, computers, and various peripherals. Businesses must focus heavily on a variety of items, including-

  • Cybersecurity
  • Compliance (HIPAA, PCI, FedRAMP, FISMA, etc.)
  • Secure file sharing
  • Consistency and security in home-based internet connectivity
  • BYOD (Bring Your Device) Policies
  • Team Communication

If these issues did already overwhelm you, consider this.

  • More and more IT teams admit that they feel overwhelmed, cannot handle the current and projected new workload, and are looking for less stressful employment. This is very concerning as there was already a dearth of qualified and experienced IT professionals available for hire.
  • Most C level executives (CEO, CFO, COO, etc.) do not understand technology, have no idea what technology assets and systems that they have, and/or give their IT departments/vendors and systems short shrift. What makes this such a significant worry is that if these leaders do not value, comprehend, or understand their systems as well as their importance, it is likely that they will continue to be given little attention or value and every department and employee will not have the tools necessary to perform their job function(s) properly.

We work with our clients on these issues and concerns as well as others like, tech refresh scheduling, technology lifecycle management, remote worker support, data security, and other systems to meet employee needs so that they can accomplish the company’s goals and objectives.

For more information on how we can help you with 2021 IT budgeting and more, please contact us to schedule a free, no-obligation initial consultation.