Cost savings are always important to small businesses—but that doesn’t mean you should skimp on technology. New technology may be necessary for the survival and growth of your business, and may not be as expensive as you think when you consider its return on investment (ROI). In this four-part series, we’ll explain what ROI is, help you understand the types of ROI, and provide guidelines for predicting and measuring the ROI of a technology investment.
PART 1: ROI Basics
There are two ways to look at the value of technology: total cost of ownership (TCO), which quantifies only the cost of a project, and return on investment (ROI), which quantifies both the cost and expected benefit of the project over a specific timeframe.
Traditionally, businesses have used TCO when analyzing the cost of internal infrastructure projects such as upgrading an e-mail system. But even with internal systems, ROI can be a better method. If your old e-mail system goes down, for example, your sales team can’t contact customers electronically and must spend more time making phone calls. If your employees spend two more hours on calls than they would on e-mails, you’ve actually lost money by not upgrading your e-mail system.
As an example of how ROI works, consider the case of a small, high-end electronics boutique. The current point-of-sale (POS) software is beginning to show strains from the company’s expansion and increasing inventory, and customer service issues are arising—a problem since the company’s mission is to provide exceptional service. The company’s owner believes implementing a new POS software program will help address these issues, but deploying it will be costly.
The key question is which will cost more in the long term: spending the money to provide a solution, or the losses the boutique will incur by not doing so?
That question may be easier to ask than to answer. As important as determining ROI is, there is still little consensus about how to measure it accurately. That’s because ROI has many intangibles—things that don’t show up in traditional cost-accounting methods but still maximize the economic potential of the organization, such as brand value, customer satisfaction, and patents.
In the next part of this series we’ll discuss these intangibles

Technology has progressed to a point where now it’s easy to have both Macs and PCs together on the same network. Read on to find out how easy it is to share files between the two systems, share printers, have them communicate to each other on the same network, even run the same applications on both systems!
It’s not uncommon nowadays to see both Macs and PCs together the same office. Technology has progressed to a point where both types of systems can now get along smoothly with each other. Its easy to share files between the two systems, share printers, have them communicate to each other on the same network, even run the same applications on both systems! Read on to find out how.
We are seeing Macs and PCs together in more and more offices. Here are some tips to make sure these devices can get along with each other—whether it be sharing files between the two systems, sharing printers, having them talk to each other on the same network, and even running apps on both systems.
A recent incident in which Epsilon – one of the largest email service providers in the world – fell victim to phishing has highlighted the need for companies, big and small, to pay more attention to their security protocols lest not only their business data be compromised, but also that of their clients.
Many IT service providers are learning valuable lessons from the Epsilon incident – which saw one of the world’s biggest email service providers become a victim of cyber-criminals, compromising a substantial amount of information entrusted to them by their clients.
One of the world’s leading email service providers, Epsilon, found itself the victim of a phishing attack that saw a significant amount of data lost to cyber-thieves. It’s important to learn from mistakes like these and make sure that both your own and you clients’ data is kept secure and safe from thieves.
Google once again introduces a very exciting innovation in the way we look at Google search results. Through an experimental initiative called Google +1, users are able to recommend websites from search results simply by clicking on a +1 icon beside every Google search result.
Google is making its searches more effective through the introduction of Google +1, an experimental program that allows users to recommend websites by pressing a +1 icon that appears beside Google search results. Visit google.com/experimental and see what the fuss is all about.
Doing backups of your data is just one half of making sure that you can retrieve your data if unforeseen or unfortunate circumstances compromise it. The other half involves testing your backup system to ensure that when the time comes, it will perform smoothly and efficiently.

