Solutions for Technology Problems
Solutions for Technology Problems
Most software/system is used only 10% of its capabilities.
Too many applications for specific niche.
Too many application integrations, wasting too much time, effort and money.
The EBS Approach:
Engage stakeholders for systems and applications’ functions analysis.
Develop single platform with complete functions and consolidate redundant systems and applications.
This way,
✓ All technology investments are planned, governed and compliant.
✓ Simpler systems and applications maintenance – minimise cost and effort
✓ More collaborations between teams and stakeholders, improving utilisation of systems and applications, which in the end, improving performance and productivity
• Health, finance, legal, accounting and management service are among the top 5 industries reporting data breaches.
• There are more than 180 cybercrime reports per day in Australia for Financial Year 2020-21
• Average cost of data breach is $4.24M according to IBM
• Monitor everything approach is exhausting resources and with some growth, analytic capacity delays maintenance actions, which in the end increase business operation risk.
The EBS Approach:
• Risk-based analysis to identify and mitigate activities with cybersecurity risks.
• Develop proactive efforts (awareness and trainings) to minimise business operation risks.
• Develop strategic and proactive efforts to minimise cybersecurity threats.
This way,
Business can prioritise funding and efforts on mitigating higher cybersecurity risk.
Stakeholder’s cybersecurity awareness and training significantly reduce risk (human interaction accounts for 98% cybercrime reports)
The EBS Approach:
The key is on the strategy in keeping up with technology, then the solution.
• Engage stakeholders on developing technology strategy that synergetic with business goals
• Develop systems and applications’ functions analysis.
• Develop technology governance and processes.
• Develop single platform with complete functions and consolidate redundant systems and applications.
• Develop technology using standards and best practices for compliance purpose.
Government policy & regulation are constantly changing. Technology advances exponentially.
• Older software may not comply with current policies & regulations.
• Older hardware will bring more cost, maintenance effort and downtime.
• Outdated business processes decrease business performance and productivity.
• Outdated sales/marketing process brings more competitions and limit market exposure.
• Outdated workforce management limits talent pool, lower workforce retention rate.
moving or transitioning to cloud may not save you time and money, this may bring more problems (Data privacy & security).
This way,
• Cost-effective business operations with higher business performance and productivity.
• Better collaborative efforts on continuous business process improvements and optimisation.