One of the core benefits of Software-as-a-Service (SaaS) is that it allows businesses to pay a monthly fee for the things they need, instead of having to worry about the less predictable expenses of one-time purchases and upgrades. Microsoft Office 365 merges the benefits of subscription-based software and full cloud enablement with traditional desktop productivity.

In a phishing attack, a hacker sends an email pretending to be from a legitimate source, such as the CEO of your organization, a bank, the IRS, PayPal, just to name a few, with the goal of tricking the recipient into giving away sensitive or confidential information.

Phishing is a common hacking scam that usually involves spoofing an email or a website of a trusted source such as PayPal, a large bank, your CEO, or even the FBI, CIA, or Department of Homeland Security, to name a few. The goal of phishing is to trick users into sharing confidential or personal information, which can then be used to steal more data or for fraud, such as identity theft.

Companies underfund their disaster recovery (DR) plans, not realizing how crucial they are for the survival and protection of the business. Several hours of downtime can cost thousands, even millions of dollars.

Another mistake is to mimic the DR strategies and budgets of other companies.

Every business that relies on technology must be prepared for all manner of threats. Cyberattacks, such as ransomware, data breaches, and DDoS attacks, are only becoming more rampant. Most of these attacks can cripple operations and even an entire business.

Many enterprise resource planning (ERP) applications or systems were made especially for manufacturing environments. With so many moving parts and complex processes to manage, ERP applications have become key to optimizing all of it, reducing margins for error, and gaining a competitive edge.

Companies today are turning to public cloud services like Dropbox, Microsoft Office 365, and Amazon Web Services (AWS) as well as cloud-based email to accelerate growth. According to a report by McAfee, the average organization now uses 1,935 cloud services.

Here at Spectrumwise, we know that you appreciate the immense business value of technology. But we also realize that complicated tech jargon can be a barrier to taking your business to the next level. That’s why we’ve put together a useful glossary of the cutting-edge solutions we offer and some IT terms to help you wisely chart the future of your business.

Many companies, especially small- and medium-sized businesses (SMBs), have realized that partnering with a managed IT services provider (MSP) raised their business to the next level. An MSP serves as an outsourced IT department that helps companies focus on growth, address pain points, and scales to meet new challenges and opportunities.

There are many ways for the technology you use to match and exceed the expanding needs, challenges, and goals of your evolving business. Outsourcing your IT functions by partnering with an IT services expert or managed IT services provider (MSP) has become an exemplary way to do so.