The Business of IT: Part 3- Outsource the “T”, not the “I”

When thinking about IT, it’s helpful to look at each piece separately…. The first part is about INFORMATION, which is key to running your business.  Businesses with an IT department should be staffing functions that add value to the business.  These folks have titles like “Business Analyst”, “Application Specialist”, “Report Writer”, “Project Manager”, and so […]

The Business of IT: Part 2- Getting comfortable with subscriptions, again…

Subscriptions have been around forever. Columbia House Music, wine-of-the-month, magazines, and all our favorite streaming music and TV services are subscriptions.  The subscription trend will continue as we move to a service-based economy, especially for consumption-based services like technology! Businesses need to re-think how they are purchasing their IT software and hardware.  The majority of […]

The Business of IT Part 1: IT Capex vs Opex

Cash is King. IT Capex vs Opex can help you keep more cash flowing. Cash is king, and anyone who tells you otherwise hasn’t run out of it!  Cash flow is how much money a business produces or uses.  This should not be confused with the “bottom line” number of your Profit & Loss statement.  […]

Don’t Risk It! Minimizing Technical Risk in Business

Businesses Accept Technical Risks Without Knowing It.. Stringfellow Can Help. There are various ways you can address risks in a business environment.  A quick web search will show the same iteration of four options:  accept, avoid, reduce, and transfer.  Technology risks in a business should be clearly understood due to their impact across all business […]