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Business Technology Terms.

Technology is the backbone of most businesses today and with a proper strategy could become a major competitive advantage to your business.

With that said here are some common “techy” terms that run your business you will hear as you develop your strategy:

On-Premise Hardware.

On-premises software (commonly misstated as on-premise, and alternatively abbreviated “on-prem”) is installed and runs on computers on the premises of the person or organization using the software, rather than at a remote facility such as a server farm or cloud.

Cloud.

Cloud computing is the on-demand availability of computer system resources, especially data storage and computing power, without direct active management by the user. The term is generally used to describe data centers available to many users over the Internet. 

Popular providers today are: 

Hybrid.

Hybrid IT is an approach to enterprise computing in which an organization provides and manages some information technology (IT) resources in-house but uses cloud-based services for others.

Server.

A computer or computer program which manages access to a centralized resource or service in a network. Easiest to think of this as the thinking part of the brain.

Storage.

The retention of retrievable data on a computer or other electronic system; memory. There are different speeds of storage which are priced accordingly ensure you balance how much speed you need with how often the storage will be accessed.

Networking.

The linking of computers to allow them to operate interactively. Think of this just like your wi-fi speed.

Internet of Things (IoT)

The Internet of things is a system of interrelated computing devices, mechanical and digital machines provided with unique identifiers and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction.

For your future advanced technology projects to work, your need to be able to access your data in “real time” and that is only possible if your systems are truly connected.

Any process, automation, or algorithm is only as strong as the data it can access.

We believe that it all starts from a good foundational strategy and that’s why for select companies we are offering a FREE DATA STRATEGY SESSION with seasoned technology specialists who will help you to build your plan.

Book your intro call to see if you qualify here:

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