Rich Rysiewicz Posts

Information Technology (IT) has expanded business capabilities at a rapid pace. When the PC was introduced many years ago now, it came with a promise to increase the productivity of most businesses. The next advancement in technology allowed the networking of PCs, which further enhanced organizational productivity. The third milestone was the introduction of the Internet and its promise of global productivity, which has been proven and achieved.The services component of IT started with simple co ...

Many technology businesses grow without ever putting a business plan together.  Even though they know the value of building a business plan they never seem to have the time to put one together. So why go through the trouble of building a business plan? To answer that question, let’s examine the topic of business valuation that I discussed in my last article. The factors used to examine the price someone would be willing to pay for a technology business includes, as expected, an analysis of core ...

In the IT channel today IT services opportunities continue to grow and technology providers continue to transform their operations to be service driven. Many technology providers attribute 30- 50% of their revenue to services. On average, IT Services and Support Executive Forum members state that between 50-80% of their total net profit margin comes from services. With solution providers, VARs’ and MSPs’ dependency on IT services being this significant, it is essential to measure and benchmark s ...

As the economy starts to turn around, one positive that can be taken from the economic downturn is that business executives see the value of IT increasing (according to a recent report from Accenture and the Economist). The majority of the executives questioned said that the economic downturn has increased awareness among business unit managers of the importance of the company’s IT objectives to the overall business.IT service executives have always understood the importance of IT to the busines ...