{"id":76191,"date":"2023-02-14T03:02:00","date_gmt":"2023-02-14T08:02:00","guid":{"rendered":"http:\/\/blog.cybercon1.com\/?p=76191"},"modified":"2023-03-07T17:09:41","modified_gmt":"2023-03-07T22:09:41","slug":"update-rather-than-rip-and-replace","status":"publish","type":"post","link":"https:\/\/www.cyberconservices.com\/index.php\/2023\/02\/14\/update-rather-than-rip-and-replace\/","title":{"rendered":"Update rather than rip and replace"},"content":{"rendered":"\n

The 2023 State of IT annual report<\/a>, compiled by Spiceworks Ziff Davis (SWZD), notes that more than half (51%) of the 1,400 respondents in North America, Europe, Asia-Pacific and Latin America plan to take precautionary measures to prepare for an economic slowdown this year by increasing their tech spend. This compares to just 6% who anticipate cutting their investment in IT.<\/p>\n\n\n\n

The SWZD report states that since the start of the COVID-19 pandemic, \u201ctechnology has proven to be a worthwhile investment. Even facing a likely recession, businesses no longer see technology as a cost centre. Rather, IT has become an enabler that\u2019s critical to success. As businesses look to maximise efficiently during an economic slowdown, technology will help companies do more with less.\u201d<\/p>\n\n\n\n

The question, however, is where all that increased IT spend should be directed.<\/p>\n\n\n\n

Reasons provided by SWZD respondents for boosting their IT budgets include the need to update outdated infrastructure, rising security concerns and increased priority on IT projects largely for operational and productivity reasons. <\/p>\n\n\n\n

Denis Bensch, CIO of FlowCentric Technologies, concurs and points to five key indicators that systems are reaching the end of the road.<\/p>\n\n\n\n

    \n
  1. Security vulnerability<\/strong> \u2013 outdated systems are largely unsupported by vendors, opening a window for potential hacks, malware infiltration and security breaches.<\/li>\n\n\n\n
  2. Software incompatibility<\/strong> \u2013 legacy systems that don\u2019t allow for integration or scalability, being unable to upgrade these systems or the supporting operating systems for fear of the application failing.<\/li>\n\n\n\n
  3. Compliance issues<\/strong> \u2013 being forced to entrust critical and sensitive customer data to insecure applications thus running the risk of breaching privacy and other compliance requirements.<\/li>\n\n\n\n
  4. High operating costs<\/strong> \u2013 facing mounting costs for simply maintaining the system and fixing bugs.<\/li>\n\n\n\n
  5. Application failure<\/strong> \u2013 poor performance, decreasing reliability, increasing downtime are all indications of looming total application failure.<\/li>\n<\/ol>\n\n\n\n

    However, Bensch maintains that in today\u2019s economic climate, rather than ripping and replacing their ageing systems, companies could be best served by optimising their existing investments in technology in ways that increase productivity. Read On:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

    The 2023 State of IT annual report, compiled by Spiceworks Ziff Davis (SWZD), notes that more than half (51%) of the 1,400 respondents in North America, Europe, Asia-Pacific and Latin America plan to take precautionary measures to prepare for an economic slowdown this year by increasing their tech spend. This compares to just 6% who anticipate […]<\/p>\n","protected":false},"author":1,"featured_media":76457,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[72,53],"tags":[688,179],"class_list":["post-76191","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-processs-automation","category-workflow","tag-process-automation","tag-workflow"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t