Databit Blog

How many vendors are you managing? Probably quite a few. Now, think about how much time you spend on each one. What if you could reduce that time to almost nothing? We have some great news for you.

Businesses are constantly seeking the best ways to utilize their data. Whether developing a business intelligence strategy, integrating artificial intelligence, or conducting simple analytics, having accurate and reliable data is crucial. Without it, insights can be misleading and costly. Therefore, understanding how to scrub or clean your data is essential. Clean data is vital for anyone involved in business intelligence or AI. Today, we will explore this topic and provide a simple guide to get you started.

Making decisions is a big part of running a business, but relying solely on gut feelings can sometimes backfire. Back-end analysis allows business owners to gain insights they might not have considered. This can lead to more money through better sales, customer relationships, and efficiency. In today’s blog, we’ll discuss how AI enhances business intelligence.

For modern businesses, staying as efficient as possible is mandatory for optimal productivity. By eliminating inefficiencies, small businesses can stay competitive. One effective strategy is to streamline processes through implementing tools that fuel automation.

IT is a crucial part of running a business, but it plays a deeper role than many realize. Today, we want to explore the relationship that businesses have with IT and, in particular, the effect technology has on company culture.

Prior to the COVID-19 pandemic, business owners considered remote work a forbidden fruit. If employees got a taste, they would only want more of it. Nowadays, remote work is a bit more commonplace, no doubt as a result of the pandemic forcing most knowledge workers into some sort of remote work arrangement. How have companies adjusted to this new reality? Let’s look at the numbers.

The misconception that small businesses are immune to cyberthreats is dangerous. In reality, their size and often lax security measures make them attractive targets. The cost of a cyber incident can be devastating for small and medium-sized businesses. It can lead to downtime, reputation damage, and significant financial loss.

Managing a budget is difficult, let alone budgeting for something as complicated as your IT infrastructure. Even though IT is notoriously difficult to budget for, it still continues to grow as a priority for organizations. How can you ensure that your budget can keep up with the projected expenses of your IT in the next several years?

You don’t need us to remind you that running a business can be incredibly stressful. This stress comes from all kinds of factors, whether it concerns your staff, your management, or even your customers. However, if left unchecked, friction between your various internal forces can have negative consequences on your operations.

Do you have the time to monitor your networks 24 hours a day, 7 days a week, 365 days a year? If not, you’re like every other business owner out there, and if you’re not monitoring your network, you’re potentially leaving it open to a lot more threats than you should feel comfortable with. 

Artificial intelligence's transformative potential is no longer just available to enterprise businesses. Now small businesses are increasingly using the technology to enhance efficiency, improve customer experiences, and drive innovation for the betterment of an organization. Today, we start to explore three popular ways in which small businesses use AI to refine the way they do business. 

The cloud comes in a few different forms. You have private cloud solutions, which are those that a business maintains in-house for their own use, and you have public cloud solutions, which are those that an external business hosts and provides to subscribers. While both have their place in modern business operations, we wanted to take a few moments to focus on the public cloud and the various benefits that it has to offer.

There are certain unspoken rules of doing business, one of which is that technology allows for innovation in various capacities to the point of making older, more traditional ways of doing business obsolete. If you properly use technology, you can improve your business' operations. Let’s look at three ways technology drives innovation in the business world.

Opening a new location is an exciting event for any business, but it's not without a litany of difficult decisions to make. One thing is certain, challenges always emerge. One thing you can do is plan your technology needs strategically to avoid headaches in that arena. Today, we take a look at how to best get your new location outfitted with the technology it needs to succeed.

Technology is undeniably important for the future success of your business, but one thing that is continuously overlooked is if the technology that you bring is actually right for your business. Today, we will look at some of the technology that businesses use that can actually have a negative effect on your business’ effectiveness. 

Businesses are complex beasts, and there can be a lot of moving parts that need to be addressed in order for them to run effectively. Business technology can aid in this effort quite substantially. Here are four ways you can implement technology to help make managing your business easier.

Businesses are increasingly reliant on technology, and effectively managing IT support costs has become crucial. With approximately three to six percent of a company's revenue allocated to technology expenses, exceeding the monthly budget can have adverse repercussions on the ability to allocate funds elsewhere.

Downtime in a business context can be considered a "business predator" because it can have detrimental effects on a company's operations, profitability, and overall success. Downtime refers to the period during which a business' critical systems, processes, or equipment are not functioning as intended. Here are some reasons why downtime is often seen as a threat to businesses.

Financial Impact

Downtime can result in significant financial losses. When key revenue-generating systems or production processes are unavailable, businesses may lose sales, incur extra expenses, or face penalties for failing to meet contractual obligations. Downtime can also prevent a business from pursuing new opportunities or responding to market changes. In a rapidly evolving market, missing out on opportunities can have long-term consequences, and can be the difference between business growth and stagnation.

Operational Impact

Downtime leads to decreased productivity as employees cannot perform their tasks efficiently. This results in wasted time, missed deadlines, and a drop in overall output. In cases where downtime is due to data loss or system failures, it can result in the loss of critical information, which can be difficult or impossible to recover. This can have severe consequences for businesses, especially when it comes to sensitive or irreplaceable data. Frequent downtime can demoralize employees who must deal with the frustration and stress of interrupted work. Low morale can lead to higher turnover rates and decreased employee engagement.

Customer Impact

Prolonged or frequent downtime can do significant damage to a company's reputation. Customers and partners may perceive the business as unreliable, which can be challenging to overcome. Also, these unfortunate companies may find it challenging to compete effectively in markets with companies that show better reliability.

If you struggle with downtime, you can do better. If you don’t, you need to ensure that continues. The IT professionals at Databit can help. We can introduce you to technologies and strategies that are designed specifically to reduce downtime and improve operational efficiency. Get a professional perspective by calling 201-529-8050 today.

The State of Maine in the United States has been the victim of a cyberattack.

That’s right, the whole state was hacked by a Russian hacking collective. 

The state claims that over 1.3 million people’s personal information was compromised via an already known vulnerability in secure transfer service MOVEit Transfer. Unfortunately for the people of Maine, this vulnerability is known to be used by the Cl0p ransomware gang, based out of Russia.

Business continuity is a tricky beast, and one that is best fought with proactive and preventative measures. The reason for this is simple: any situation where your business’ data is put at risk could mean the end, and we are not catastrophizing when we say that. Let’s look at two issues that are only small problems at the surface level, but could snowball into serious problems.