With technologies available to businesses constantly changing, it’s increasingly easy for a company to misjudge their technological requirements and goals. To assist in that measure, Matt McDermott, writing at the Columbia Business Times, offers a list of five common mistakes that companies, both big and small, make when considering their technology investments:
Treating technology spending as a cost, rather than an investment
Continuing to support past-their-prime technologies because of the money previously spent, rather than investing in newer and more robust or flexible tools
Delaying security considerations due to costs, resulting in risks to customer data and corporate resources
Failing to track key technology information and resources, from domain names, to documentation
Not regularly testing data backups and recovery tools, leading to losses of or inability to access critical resources in the event of failures.
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