Project Management Role Leads to Data Center Migration and More Opportunities at State Lottery System
In any industry, it is paramount to align your IT goals with your business goals. In the cutthroat retail industry, this is more visible to the average consumer than ever. Retailers are using technology and digital transformation to gain the edge over their competition. Retailers are focusing on customer experience more than ever before, and they are using technology to innovate and satisfy customers by solving their real problems. Regardless of your industry, Forbes has predicted 2018 is the year that digital transformation is a must. In retail specifically, digital transformation is necessary to gain the competitive edge and keep the lights on with the doors open.
As an IT manager in today’s hypercompetitive environment, your challenge is to be agile, innovative, keep the organization secure, and, of course, control costs. Easy, right?
Banks need to be concerned about security. According to Forbes, financial services firms fall victim to cybersecurity attacks 300 times more frequently than businesses in other industries. The typical American business is attacked four million times per year, but the typical American financial services firm is attacked a staggering one billion times per year. The rate of breaches in the financial industry has tripled in the past five years. The most costly attack types for financial firms are denial of services, phishing, and social engineering. Overall, banks lost $16.8 billion to cybercriminals in 2017. The cost of cybercrime also includes regulatory fines, litigation, the need to respond to negative media coverage, and lost business due to reputational damage, among others.
As businesses modernize and integrate with new and innovating technologies, focus is shifted to business growth and performance. Chris Kunselman, Principal Cloud Architect at Rolta|Advizex, discusses IT automation and the foundation of business transformation.
The right IT infrastructure improvements can make the difference from focusing on the fight of just keeping up with the competition to setting the standards on consumer technology integration.
The ideal infrastructure enables organizations to capitalize on the power of digital technologies to expand the organization’s reach, fulfill mandates, tap accumulated knowledge, and much more.
Technology is changing so fast, it’s hard to keep up with it these days. That’s a big reason why we believe eighty percent of enterprise IT solutions will be purchased through service integrators like Rolta AdvizeX. It’s our job to keep up with the latest technology, whether it’s through annual recertifications or constant communications with technology vendors.
Retail organizations are facing constant demands to reduce costs and increase profitability; this is especially true of retailers with a brick-and-mortar mall presence. Competing against numerous online, low-cost retailers, such as Amazon, and brick-and-mortar discount stores, such as Marshalls, is a constant battle. The cost-saving initiative is a challenge across the board in the retail organization, but really it all starts in the IT department. Transformations in IT in the world of retail drive innovation and agility. Savings starting at the IT level can keep a retailer afloat during these challenging times.
Rolta|Advizex with Dell EMC is offering a free IT assessment to help you focus your investments and pave the way to a digital future.