Technology Services

Industry Challenges

The one thing that all tech companies share regardless of sub-sector, is the need to build a culture that encourages disruption and maintains agility in the drive for growth. Complex sector needs, combined with constant shifts in technology, push tech businesses in particular to remain more agile and innovative, and this is an edge that an agile tech company can have over their bigger, older incumbent competitors. Startups have to be able to develop and test ideas quickly and cheaply, and these efficient principles can apply across numerous dimensions of a business, from decision-making to risk management. Other challenges include:

• Low budgets
• Lack of communication between IT and upper management
• Lack of technical knowledge from higher ups and users
• Lack of training
• Company-wide disconnect
• Security
• Network issues
• Lack of understanding of where the future lies.