A CEO’s job is to define corporate goals and create the best possible environment for achieving them. But every company is unique, and setting priorities can range widely from business to business, depending on the industry and clients they serve. That’s why CEOs rely on senior-level specialists to help them manage priorities of particular units. For example, a CEO will rely on a CFO to manage expenses and increase revenue.
The IT counterpart of the CFO is, of course, the CIO. Some companies need an experienced CIO on staff, right down the hall from the CEO. If IT is the actual source of revenue—say, at a retail e-commerce company—it makes sense to have a full-time CIO ensuring site uptime, information security and financial transaction processing.
However, within a small or mid-sized company, hiring a CIO may not be an option. This is where a CEO can look to a managed services provider (MSP) to perform a “health check” on their IT infrastructure and assess their technology needs. A managed services provider will determine what IT services are needed and proactively help to install, host and manage those resources. But a quality MSP will establish an intimate, long-term relationship with your executive team, becoming attuned to your business goals and ready to advise on how technology can help you achieve them. Having such a trusted advisor can be particularly useful during the turbulent times of competitive disruptions and market changes.
Informed executives are acutely aware of the stress points in their operations. The most common sources of strain are inefficient processes, threats to data integrity, security, risk, compliance and the cost of resources. Bringing in a knowledgeable partner not only puts a new set of eyes on the problem areas, but offers new solutions your company may have not considered, or possibly just isn’t able to implement on its own. An MSP can help balance a business with best practices and standards as well as strengthen your overall operations. A good one should work well in partnership with your organization, helping your team focus on their core competencies.
In short, a CEO needs a strategically-focused managed services provider who understands the company’s biggest challenges and can in turn be an accountable partner to address them. Have questions about how an MSP can support your goals, or how it might function in your particular organization? Call us at 336-370-0555 or simply use the form on our Contact Us page.
The cost of cybercrime is predicted to hit $10.5 trillion by 2025, according to the latest version of the Cisco/Cybersecurity Ventures “2022 Cybersecurity Almanac.”.
The average cost of a data breach in the United States is $8.64 million, which is the highest in the world, while the most expensive sector for data breach costs is the healthcare industry, with an average of $7.13 million (IBM).
The three sectors with the biggest spending on cybersecurity are banking, manufacturing, and the central/federal government, accounting for 30% of overall spending (IDC).
It takes an average of 287 days for security teams to identify and contain a data breach, according to the “Cost of a Data Breach 2021” report released by IBM and Ponemon Institute.
Forty-three percent of attacks are aimed at SMBs, but only 14% are prepared to defend themselves (Accenture).
More than 33 billion records will be stolen by cybercriminals by 2023, an increase of 175% from 2018.
The internal team was energized. With the Level 1 work off its plate, the team turned its attention to the work that fueled company growth and gave them job satisfaction.
40% of businesses will incorporate the anywhere operations model to accommodate the physical and digital experiences of both customers and employees (Techvera).
We did a proof of concept that met every requirement that our customer might have. In fact, we saw a substantial improvement.
We did everything that we needed to do, financially speaking. We got our invoices out to customers, we deposited checks, all the things we needed to do to keep our business running, and our customers had no idea about the tragedy. It didn’t impact them at all.
“We believe our success is due to the strength of our team, the breadth of our services, our flexibility in responding to clients, and our focus on strategic support.”