The model(s) behind technology spending has been changing dramatically over the last several years with virtualization, consumer devices and “as a service” offerings complicating the procurement process. While they offer tremendous opportunities for astute technology consumers, there are also significant risk that the unprepared enterprise technology consumer may realize with insufficient information.
Add to this the increasing cybersecurity concerns, regulatory compliance regimens and staffing issues; even the largest firms are facing difficulty making informed decisions.
One of the questions I get from my small business clients is how can I perform technology audit to take stock of what it has, identify gaps, and create a plan for new tech purchases?
The first step would be to look at your enterprise strategic plan. What are your business goals for the next three years? What technologies would facilitate reaching those goals? Do you have technologies in house that fill that need currently? Can they be upgraded or configured to meet these objectives? If not, what technologies are available (Cloud or on-premise) to meet your objectives?
These very high level steps fall into the basic strategic planning process, governance and portfolio management. [Read more…]