Direct Technology Group Blog

Direct Technology Group provides professional IT Support and Network Services for Businesses around Deerfield Beach. Computer Services, Tech Support, IT Solutions and more!

A Downturned Economy Doesn’t Seem to Phase Technology Spending

A Downturned Economy Doesn’t Seem to Phase Technology Spending

Inflation continues to plague businesses in all sectors and industries, and it’s not letting up. This has led businesses to implement practices which allow them to get as much value out of their investments as possible, including technology. Let’s go over some of the ways you can achieve a responsible IT budget without breaking the bank in the process.

Technology Investment Can Actually Reverse Inflation

Financial services provider Morgan Stanley has released a list of Deflation Enablers, or things that companies can do to mitigate the costs absorbed by their customers as a result of inflation and product scarcity. Some of the things on this list include a few automation platforms (Appian, Salesforce, ServiceNow, and UiPath) as well as supply chain efficiency software (C3.ai, Palantir, and Snowflake) as well as some other technology providers, like Microsoft.

The theory behind this is that investing in solutions and services provided by Deflation Enablers to cut your costs and boost your productivity can lead your organization toward success, even if the odds are stacked against you. You too can leverage these advantages by working with Direct Technology Group for your technology management needs.

Work With us to Combat Inflation

You can do more than you might think to fight against inflation, and it all starts with using the resources at your disposal more effectively. One way you can do this is through what many companies have chosen to continue doing even with the pandemic seemingly on the downswing: remote operations and office downsizing.

Companies spent a lot on their office real estate. Many of them have considered taking that money to reinvest elsewhere within their organizations, particularly in opportunities like IT and sales.

This is far from a coincidence. Morgan Stanley’s Deflation Enablers included many IT providers that utilized automated systems, and automation is one technology that will result in cost savings in just about all scenarios. It doubles the productivity of employees who might be tied up in menial tasks, giving them more opportunities to focus on other, more productive endeavors.

Know that Direct Technology Group is here to help you with all things automation-related, and we can help you get the most out of your technology solutions in other ways, too. Our managed services offerings give your business the support it needs to succeed in a competitive and fast-paced business environment.

To learn more, call us at (954) 739-4700.

Tip of the Week: Essential Excel Formulas to Know
Making Solid Technology Decisions Can Make a Massi...
 

Comments

No comments made yet. Be the first to submit a comment
Guest
Already Registered? Login Here
Guest
Friday, 22 November 2024

Captcha Image

Blog Archive

2014
January
February
March
April
May
June
July
August
September
October
November

Mobile? Grab this Article

QR Code
Request a Consultation

Direct Technology Group strives to provide the best comprehensive IT, Computer, and Networking services to small businesses. We can handle all of your organization's technology challenges.

Contact Us
Contact Us

Learn more about what Direct Technology Group can do for your business.

1358 W Newport Center Dr
Deerfield Beach, Florida 33442

Call us: (954) 739-4700

News & Updates
Direct Technology Group is proud to announce the launch of our new website at www.directtechnologygroup.com. The goal of the new website is to make it easier for our existing clients to submit and manage support requests, and provide more information about our services for ...