Today’s business landscape is highly digitised, and it’s the talk of the town. To keep up with changing demands and to streamline processes, businesses must stay on top by understanding their current IT infrastructure to work on digital transformation strategies, in order to improve their environment. Many businesses may not know where to start, or know what needs changing and what needs improving. The simple answer to this is to conduct a strategic IT Infrastructure Review and Risk Assessment for a full roadmap to success.
What is a strategic IT Review and Risk Assessment?
For a business to be productive and efficient, technology initiatives must be aligned to business goals. A thorough IT review and risk assessment should provide:
- An overview of how current IT systems are running
- An audit of all/any potential IT threats and vulnerabilities
- A baseline to measure IT successes
- A customised technology roadmap, containing strategic plans for business change and IT improvement
Do I need an IT Review?
You might be at a stage where you know exactly what challenges you’re facing as a business, but you’ve got to a point where you need guidance on how to move forward from here. Or, you might also be thinking it’s time to step it up a notch, and explore new innovate opportunities to grow your business and keep up with industry trends. In either scenarios, there’s multiple technologies on the market, this can be extremely overwhelming, and you might not know which path to take.
Do I need a Risk Assessment?
Think of it this way, every business has risks. But you may be unaware of just how many vulnerabilities you have. If you want to digitise your business, you need to think about mitigating risks that can negatively impact your business.
It’s also a process that all businesses should have on their agenda. After all, following governance best practices is essential and a big part of business planning, so leaders should be consistent to ensure the safety of business assets. It’s pivotal that vulnerabilities are identified from the get-go, from here plans on how to mitigate these risks can be made. This will protect not just your reputation, but it’ll also reduce legal liability, and support business continuity.
Quantitative Risk Assessment vs Qualitative Risk Assessment
When it comes to risk assessments, consider a provider that takes a combined approach of the qualitative approach and quantitative approach. The qualitative will focus on the probability and impact to your business, answering questions like “How will my team be affected by this risk?” and “How would our service levels be impacted by a loss?”.
And a quantitative analysis will measure numbers, figures and percentages to answer questions like “What is the financial impact of this risk?” and “How much data would be lost or compromised due to this risk?”.
Both combined, will give your business the best insight into the risks of and their potential impacts to all areas of the business.
Benefits of an IT Review and Risk Assessment
- Identify gaps and vulnerabilities
- Avoid mitigation costs
- Meet industry compliance
- Data inventory
- Expert strategic advice
- Productivity gains
- Streamline business processes
It makes sense to carry out an IT review and risk assessment together, and if the provider is offering this as an all in one service, it’s worth it. On one hand you’ll know the risks in your business and advice on how to mitigate them before they’re an issue. And on the other hand, you’ll benefit from strategic advice on how you can further develop your business. Combined together, that’s a recipe for success.
This sounds like a lot of work...
We know from experience how difficult it can be to take time out the normal working day to start a new project, especially one as big as this. This is where experienced, external teams can jump in.
A technology partner can work with you to carefully analyse your network infrastructure, identify the risks, and then make strategic recommendations based on results. To produce a detailed and thorough plan, they’ll work to understand your business, not just from a technology perspective, but also taking into consideration of your workforce, ethos, data processes and your business goals.
Combined with the risk assessment, you can expect a clear list of issues which needs to be addressed within your business. And using this as a basis, you’ll receive on advice on what projects need to be implemented in either the short, medium or long term in order to drive efficiency and innovation within your business.
How can OryxAlign help?
Our approach is to always work with our clients as a strategic partner. Our team of experts will work with you to understand your current environment and create a technology roadmap of the back of that.
We have a 5 step process we follow to ensure business success!
We’ll begin with establishing an inventory of all your information assets and configuration on your network. This will enable insight into what the single points of failure are and pose the greatest security risk.
At this stage, we’ll determine the impact, likelihood, and consequences of failure for each identified vulnerability and security risk.
Our consultants will prioritise risks based on their overall impact and effects should risk occur. This will allow for successful mitigation and appropriate remediation priorities.
Our consultants will carry out in-depth planning and scoping for success implementation and to meet project goals.
Our team consists of experienced consultants and solution architects who ensure success project execution and risk remediation. We’re committed to completing agreed project deliverables and expectations.
Ready to get started? Reach out to our team of experts who will be more than happy to help your build your roadmap to success! Contact us today.