How Will COVID-19 Impact Future Budgets for IT Services?

How Will COVID-19 Impact Future Budgets for IT Services?

The uncertainty of COVID-19 has impacted countless businesses across the world. Many companies are expected to be on a much tighter budget for IT services in 2021 due to the wide-ranging impact of the virus. While a vaccine is on the horizon, there is still plenty of economic uncertainty due to the unpredictable nature of a global pandemic. Here are a few of the many ways that COVID-19 is making an impact on IT budgets in 2021:

Focus More on Remote Technology

One of the biggest impacts of COVID-19 is the number of employees working from home. Ensuring that employees can easily work from home without sacrificing IT security is always a top concern for business owners. Investing in remote technology that is safe and secure will continue to a high priority in 2021. However, some businesses will keep their employees working from home permanently due to the cost savings.

IT Managers Are Making Fewer Budget Decisions

COVID-19 is also altering decision-making responsibilities throughout the workplace. For example, many IT managers are no longer making budget decisions related to IT services, as this responsibility is now shifting to C-level business managers or the CEO/CIO. This trend will likely continue throughout the duration of COVID-19 until the pandemic is under control, and the workplace becomes more stable.

IT Security Will Remain a Top Issue

Cybercriminals are always finding many new ways to steal confidential data and take advantage of unsuspecting employees. These IT security issues are especially problematic with a remote workforce. Investing in technology to keep devices secure while also monitoring these devices is essential in keeping your business protected against these threats. Staying proactive against these IT threats is a much better approach than waiting on an incident to happen while also saving your business a lot of money in the long-term.

Contact Vitalpoints to Keep Up With the Latest Trends

Understanding the various trends in the IT industry can help your business remain up to date with the latest news and help you make well-informed decisions. Vitalpoints is a company that offers managed IT services for a wide range of small to mid-sized businesses. We offer around the clock IT support, and we take pride in always providing the best services available. Feel free to reach out to us to learn more about our services!