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How to Budget for IT: Saving Costs Without Cutting Corners

At Iron Dome, we understand the importance of having an effective and efficient IT security system in place better than anyone. When it comes to your business, there simply isn’t any room for error or cutting corners. You need the best solution in place in order to protect your digital assets from any potential cyber threats.

With that being said, having the best often means paying a hefty price. While many of the more established businesses may be able to pay these higher prices, they put small business owners, as well as new businesses just starting up, on the back foot. In this case, they will be at a higher risk of potentially destructive threats, such as ransomware or wiper attacks.

Save Money on your IT Solutions

Luckily, there are a number of convenient and sure-fire ways in which you can save money or cut costs on your IT solution bill. More importantly, you won’t have to sacrifice the integrity of your system in order to do so. 

Here are some of the best strategies to help you save costs on your IT solutions without cutting corners:

Make small-step upgrades

A lot of business owners budget for upgrades in their IT solutions every few years or so. However, this can actually end up costing you more money in the long run, as you are making a single large payment for software that is more than likely going to become outdated within the year. 

Instead, we recommend budgeting for smaller, incremental updates. This will ensure regular improvements to your IT solution system as and when they are needed. It will also end up costing less in the long run, as you won’t pay for services that you don’t actually need. 

Conduct regular audits 

Conducting regular audits of your IT software licences is an absolutely crucial step in saving money. Many business owners pay for a service that they believe they will use down the line. However, not all IT solutions are suitable or relevant for every business, meaning that you can save a lot of money by simply cutting them out of your budget. 

You will be surprised by how many businesses perform one-off audits only to realise they’ve been spending a small fortune on completely irrelevant, unused services. 

Align your IT investments with your business goals

Before investing in an IT system, it is essential that you sit down to consider exactly which threats your business is most at risk of encountering. Then, you can go about ensuring that your IT investments align with your overall business objectives.

It is important to keep a record of where your money is going and whether or not that service is essential. By prioritising spending on projects that create the most value, you might actually make a profit on these investments. 

Invest in a cybersecurity and IT specialist

The easiest and most effective way to save money on your IT budget is to invest in working with a cybersecurity and IT specialist such as Iron Dome. We work with you on an IT and security roadmap and take the time to understand your business goals so that decisions around IT upgrades or investments can be budgeted for and planned. We also review and audit your IT and security position on a regular basis to ensure you have the right levels of security and aren’t paying for any unused licences. 

Working with an IT provider should allow you to access to robust and scalable solutions all whilst saving you money and time in the long run.

Remember that a good IT security system may actually end up saving you money in the long run

When it comes to the security of your business, you should never make any compromises. As mentioned, the cost of IT and cybersecurity might feel out of reach for smaller businesses, however opting for no solution or the basics,  could end up costing you money down the line. Cyber attacks can lead to damaging financial losses and may cost you customers or your reputation. By working with a cybersecurity and IT provider, who can advise you on the right solutions for your business and your budget, you will drastically reduce your chances of suffering these losses as a business. 

 

The Iron Dome IT Commitment

At Iron Dome, your business’s security is our number one priority. As an NCSE assured service provider we can help support your business on your cybersecurity journey, offering only the highest level of protection, ensuring that your digital assets are safe from any potential cyber threats. 

With our dedicated team of professionals on your side, your business will stay one step ahead of any potential risks. More so, we provide a tailored experience by adapting our solutions to fit your unique needs as a business. 

With Iron Dome, you can rest assured knowing that your business’s security is in good hands. With complete peace of mind, you can instead focus on running your business – without the stress of digital threats. 

Protect your Business with our IT and Cyber Security Solutions

Iron Dome provides a number of effective and award-winning IT solutions, including:

  • Pen Testing as a Service (PTAAS)
  • Ransomware protection and threat hunting
  • Always-on VPN solutions
  • Website scanning for malware
  • Security information and event management (SIEM) Solutions
  • 24×7 Security Operations Centre (SOC)
  • Fully comprehensive Managed Extended Detection and Response (MXDR) solutions

FAQs

Iron Dome provides businesses with proactive security measures, including security awareness training, fast IT support responses and compliance support. By ensuring the implementation of extensive cyber security, we will reduce any risk of cyber attacks and, therefore, their ability to disrupt your business operations.

Our IT security services are suited to a wide range of industries, including finance, recruitment, healthcare, manufacturing, etc. More so, our systems are adaptable, meaning that they can be personalised according to any computer system used. This allows you to have peace of mind no matter what system you’re using.

To get started with our IT infrastructure services, get in touch. Through a consultation with one of our IT security specialists, we can discuss how Iron Dome will protect your business’s critical infrastructure. Don’t hesitate when it comes to your business’s security, we are here to advise and support.

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How to Budget for IT: Saving Costs Without Cutting Corners

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