In one survey, 4 in 10 enterprises claimed that one hour of IT downtime cost them $1 million to over $5 million. In another poll, 98% of participating companies said the hourly cost of an IT outage ranged from $100,000 to $540,000.
While the figures vary widely, they share a similarity: they all result from IT problems. Errors in IT management, in turn, are the primary culprits behind these issues.
So what are those mistakes, then?
Below, we’ll tell you what they are and how to avoid them, so keep reading.
1. Implementing a DIY IT Management Strategy
In 2021, the annual median pay of computer and information systems managers was $159,010.
With that kind of money on the line, it’s no wonder many business owners attempt to wear the IT management hat. Many do so to cut costs, especially those who run small firms. It’s understandable, as the average U.S. business owner’s yearly salary is only over $60,000.
However, DIY IT management sets up businesses for numerous costly issues, particularly cybercrime. For example, a data breach can cause damages costing thousands to millions of dollars.
Thus, business owners should not attempt to DIY IT management but instead hire IT experts for the job.
2. Allowing Common IT Issues to Occur
Some of the most common IT issues are software, hardware, and internet breakdowns. These problems are fixable but can lead to productivity and profit losses.
That’s why a break-fix approach can cost more in the long run than preventive maintenance. Thus, the priority should be preventing problems with proactive IT management and support.
3. Not Protecting Business Data
Cybercrimes, according to experts, can now cost the world $7 trillion in damages.
Giant corporations would take the brunt of that burden, but they won’t be the sole victims. Everyone, from individuals (even children!) to small firms, is a potential target.
If you fail to use the latest digital security tools, you put your IT infrastructure at risk of attacks. If that happens, hackers can hold your assets for ransom and steal data and money. If your clients’ information gets leaked, they can also sue you.
4. Delaying Legacy System Upgrades
Legacy systems include outdated hardware and software technology that businesses still use. They no longer receive updates and support from their manufacturers or developers. That’s also why they’re more susceptible to malware infections.
So if your business still utilizes legacy systems, upgrade them ASAP.
5. Failing to Consider Outsourced IT Management
Just because it’s best to hire an IT management team doesn’t mean you need to employ one in-house. With managed IT services, you now have the option to outsource all your IT management needs.
Managed IT services cost less because of their fixed per-head, per-month pricing structure. They’re also scalable, letting you reduce or increase the number of users you pay for at any time.
Avoid These Errors in IT Management
Remember: Experts discover 450,000 new malware and potentially unwanted applications (PUA) daily. They can endanger your IT infrastructure if you fail to avoid errors in IT management.
So, why not consider outsourcing your IT management needs ASAP? The sooner you do, the sooner you can protect your business IT assets and data.
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