Bloomberg economists have shared that their estimate of an economic downturn by October 2023 is now at 100%. With that, nearly 60% of CEOs are planning on cutting, pausing, or reconsidering their spending for the new year. While budgets may change, the importance of effective technology in your business is unwavering. So, if you have to cut spending this year, you’re not alone. But our iNetSupply.com team wants to help you ensure that what you do have in your budget is spent wisely for the greatest business impact and ROI. Today, we’re sharing our top suggestions!
Firewalls
Internet fraud increased by 33% during the Great Recession. It’s statistically proven that during times of crisis, cybercriminals jump at opportunities to attack. Don’t leave your business vulnerable. A firewall will save your company potential lost revenue due to an attack and decrease your overall cybersecurity costs with stronger protection. So, this is a great place to start, as an older firewall that’s five years or older will only prevent about 50% of the traffic a two-year-old firewall will. We have four great firewall options, here are just a couple:
Cisco ASA 5508-X With FirePOWER Services – Security Appliance (ASA5508-K9)
Cisco is a leader in the cybersecurity space, and you’ll save over 66% off MSRP. Ideal for businesses in a scaling phase or that want to pull back this year, but scale in the future.
Fortinet FortiGate 40F – Security Appliance (FG-40F)
Incredible value for a highly reliable product!
Routers
Routers need to be replaced at a minimum every 3-5 years. However, the past few years have brought on a whole new wave of products with the release of Wi-Fi 6 capabilities in 2019. By default, Wi-Fi 6 is more secure because of the increased WPA3 security standard. Plus, a lot of the newer models give far more control over your network management and traffic. Here are a few we love:
NETGEAR Orbi Pro SXK80 – Wi-Fi System – 802.11a/B/G/N/Ac/Ax – Des (SXK80-100NAS)
This reliable router covers up to 6,000 square feet with the option to deploy up to 4 SSIDs.
NETGEAR Managed WiFi 6 AX6000 Wireless Access Point – Wireless A (WAX630-100NAS)
Great for those businesses that need PoE support, as the Orbi Pro doesn’t offer that. This device covers up to 3,500 square feet.
Laptop Updates
Rather than investing in entirely new laptops if budgets are slim, iNetSupply.com can actually work with you to upgrade your laptop. Here’s a YouTube video that shares a few ways we can do this with you and what products to invest in!
Need Help Prioritizing Where to Spend on Your Tech? Let’s Chat.
If you want to make the most of your investment in technology for your business to prepare for a potentially difficult year ahead, our team can help. Chat with one of our technology specialists about your goals and what technology may be the best to prioritize today!
