Over the past several years, there has been a significant rise in the number as well as the severity of cyberattacks that have taken place. As businesses increasingly conduct their transactions online, cybercriminals, as well as other malicious actors accordingly, invest their time and resources to compromise business networks and access private data for their nefarious purposes. A single data breach costs a business an average of $3.92 million; this is a 1.5 percent increase from 2018.
Technology is a constantly changing industry. That is one of the things that makes a career in tech so exciting and appealing. It’s one of the things that keeps employees coming through the doors from 9-to-5, Monday to Friday. In fact, jobs in the tech industry and information technology are predicted to grow by around 12% from 2018 to 2028 with Information Security jobs increasing by 32% overall. This is obviously much faster than most other industries.
Over the past several years, there has been a significant rise in the number as well as the severity of cyberattacks that have taken place. As businesses increasingly conduct their transactions online, cybercriminals, as well as other malicious actors accordingly, invest their time and resources to compromise business networks and access private data for their nefarious purposes. So far this year, data breaches and cyberattacks have cost businesses an average of $3.92 million; this is a 1.5 percent increase from 2018 and a 12 percent increase from 2014 when the cost of a data breach was approximately $3.5 million.
What is UCaaS?
Unified Communications as a Service is growing at an incredible rate; 29% each year. It’s not a single product or service, but instead it is a combination of technologies and features that create a seamless communications experience for your business. It includes integrating communications services, like instant messaging, voice, hosted PBX, mobility features, audio, desktop sharing, and much more. Unified communications removes the barriers among communications tools, effectively converging your devices so that you can access the same information on your laptop as you would your phone, desk phone, tablet, etc. Cloud service providers, like NewCloud, offer Unified Communications as a Service (UCaaS) as a cloud-hosted solution, integrating the above features across all of your devices. UCaaS presents businesses with a low cost way of accessing the latest communications tools all at once. Here are 5 reasons your business needs a hosted unified communications strategy:
Over the past several years, cloud computing has seen wider adoption within the manufacturing industry as manufacturers increasingly realize the benefits of a cloud-based services. One key aspect of manufacturing that has been transformed by the implementation of cloud-based processes is the global supply chain; cloud computing has enabled manufacturers to better manage and streamline their supply chain. In 2016, the global market for cloud-based manufacturing was worth $111 billion; by 2020, this market value is expected to increase to $216 billion. In addition, it is expected that nearly 50% of all manufacturers will use cloud-based services and applications by 2023.
Topics: Cloud Computing
Cloud computing, once used primarily in technology and technology-related businesses, has been increasingly adopted by businesses in non-technology related fields. In fact, one of the sectors that has seen a huge growth in cloud computing adoption over the past several years is education. Educational institutions are rapidly ditching traditional classroom-based learning systems in favor of cloud-based systems and strategies. It is estimated that between 2017 and 2021, the cloud computing market in education will grow at a Compound Annual Growth Rate (CAGR) of at least 26%.
Without a doubt, cloud-based technology is changing the way the modern business world operates. As this technology grows and evolves, small to medium sized businesses (SMBs) are reaping the benefits.
Disruptive technologies have been changing the game in the IT world for the last decade. New trends emerge and it quickly becomes apparent that businesses need to adapt to survive. One of these disruptive technologies is cloud computing. Simply defined, cloud computing is the practice of "computing" over an internet connection. Chances are you are already using the cloud in one way or another on a consumer level. Do you use Spotify? Do you upload pictures to an internet repository like Photobucket or Flickr? Do you use social media, like Facebook, Twitter or Instagram? All of these are examples of cloud computing.
Topics: Cloud Computing
There are all kinds of strategies that businesses need to implement to be successful, existing across numerous different business functions. A key strategy that companies commonly overlook is a mitigation strategy.
Risk mitigation is the process of developing actionable insights that reduce threats to the overall well-being of an organization. Threats come in all shapes and sizes, from natural disasters to cyberattacks. These threats can cause millions of dollars in damages, both physical and virtual. Thus, creating a mitigation plan will help to save your money, as well as improve your business continuity strategy.
How do you create a risk mitigation strategy? Continue reading to find out.
Over the past decade, the cloud industry has experienced a significant increase in growth due to a greater awareness of its capabilities and benefits. Businesses are, in increasing numbers, adopting the cloud as the backbone for their network infrastructure and turning away from the traditional physical network infrastructure. New cloud-native applications are constantly being developed as well as tools that optimize legacy applications to make them cloud-compatible.