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If you own a small- or mid-sized business (SMB), you know that IT is essential to your organization's success. For one, you need technology to be able to manage your operations with ease. You also need various applications to connect with your customers, vendors, and employees.

If your New York-based business still relies on fax machines and landlines to communicate with customers, then you’re behind the times. In today's economy, digital transformation is no longer an option but a necessity for your company to stay competitive.

It's no secret that the global economy is becoming more digital every day. However, many business owners are unsure of why they need digital transformation or how to go about it. If either or both of these sound like a problem you’re encountering, this blog is for you.

Businesses in regulated industries must ensure compliance with regulations to help them to protect their data, brand, customers, and employees. For instance, financial institutions must adhere to the Gramm-Leach-Bliley Act, while healthcare facilities must meet the standards of the Health Insurance Portability and Accountability Act of 1996 (HIPAA).

However, achieving compliance is not as simple as ticking off items on a checklist, as each business has unique needs that must be taken into account.

If your New Jersey business handles protected health information (PHI), then it should comply with the Health Insurance Portability and Accountability Act of 1996 (HIPAA). This federal law is in place to protect the privacy of patients and ensure that their data is kept safe.

Many business owners mistakenly think that when they partner with a cloud provider to store their data, they also hand over the responsibility for legal and regulatory compliance in the cloud. This is known as the cloud compliance trap, and if you fall into it, your company can find itself in a world of trouble.

If your business belongs to the health, finance, retail, or manufacturing industry, it needs to adhere to certain data security and privacy laws. Compliance with these regulations is not only required, but it also aids organizations like yours in achieving higher integrity and information systems security and availability.

Every business owner knows that they must cut unnecessary costs for their organization to remain profitable. One way to do so is to work with a managed IT services provider (MSP). By outsourcing your IT needs to an MSP, you can save money on tangible costs such as hardware and software expenses, as well as on intangible costs such as downtime.

Upgrading infrastructure, updating IT policies, and introducing new technology are all necessary steps in keeping a business profitable. The pandemic has made it clear that if you can't adapt your technology to the changing landscape, you will be left behind.

New technology has the potential to transform and improve your business process, making it a critical factor in doing business. However, if you're not careful, you can quickly blow your budget on unnecessary expenses, or you may fall for deals that don’t offer the best value for your money.