The Valley Business Journal April 18
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<strong>April</strong> 20<strong>18</strong><br />
THE VALLEY BUSINESS JOURNAL<br />
www.<strong>The</strong><strong>Valley</strong><strong>Business</strong><strong>Journal</strong>.com<br />
29<br />
20<strong>18</strong> Technology Trends - by Stefani Laszko<br />
In January CompTIA, the preeminent<br />
information technology trade organization,<br />
released their annual IT Industry<br />
Outlook 20<strong>18</strong> report. Within the report I<br />
found a write up titled Small <strong>Business</strong>es<br />
Embrace Technology, But Gaps Remain<br />
really interesting. Based on their survey<br />
of SMB’s perception of their overall IT<br />
spend they found 12% believe they are<br />
spending much too low, 28% somewhat<br />
too low, 47% spend about right and 9%<br />
feel that they spend too much.<br />
Evaluating Return on Investment<br />
(ROI) for IT spend is difficult. Oftentimes<br />
individual perception supersedes a<br />
true understanding of what is happening<br />
‘behind the scenes’. <strong>The</strong> top five reasons<br />
that technology ROI falls short are described<br />
as:<br />
1. Ongoing maintenance expense – 41%<br />
2. Required upgrades – 37%<br />
3. Staff time needed to operate and/or<br />
maintain equipment – 37%<br />
4. Upfront cost – 36%<br />
5. Complexity and/or poor user experience<br />
– 32%<br />
Interestingly, these points encompass<br />
subjective and objective thoughts<br />
but they all boil down to falling short on<br />
one thing – expectations. Technology is<br />
difficult in general and as a non-technical<br />
person owning an IT company I totally<br />
get it (don’t worry I have a very technical<br />
partner!), but it’s up to you as the decision<br />
maker to understand everything or hire<br />
an IT company to bring you recommendations<br />
and manage your environment.<br />
To be candid, unless you are naturally<br />
a technical person or find it fascinating,<br />
trying to understand everything is difficult<br />
at best and ridiculously time consuming<br />
as worst, pulling you away from running<br />
your business.<br />
While it is still common for larger<br />
companies to have in house staff to<br />
manage IT, I would argue that it is much<br />
more cost effective to hire an IT company<br />
to assist you and you staff with your<br />
IT needs. And I can back up my claims<br />
with proof of a ROI! Of the SMB survey<br />
respondents, 75% of them use a technology<br />
partner. If you compare the numbers<br />
though, many of those 75% responders<br />
are frustrated with their perceived lack of<br />
ROI. So how do we bridge the gap? It all<br />
boils down to communication.<br />
<strong>The</strong> top five reasons listed above are a<br />
great framework of an ongoing conversation<br />
that you should be having with your<br />
IT provider. Challenge them to give you<br />
an accurate estimate of time and financial<br />
commitment and hold them to it. A solid<br />
IT partner will welcome the conversation<br />
and as a result you should have a better<br />
understanding of what you are paying for<br />
and you will hopefully have a stronger<br />
working relationship based in mutual<br />
respect and trust. You can’t do business<br />
without IT and IT companies cannot do<br />
business without you so we all need to be<br />
working to bridge the gap!<br />
Mythos Technology is an IT consulting<br />
and management firm that provides<br />
Managed Services including hosted<br />
cloud solutions. For more information,<br />
please visit www.mythostech.com or call<br />
(951) 813-2672.<br />
<strong>18</strong>th Annual Temecula Art & Street<br />
Painting Festival Applications Available Online<br />
<strong>The</strong> City of Temecula hosts the<br />
<strong>18</strong>th Annual Temecula Art & Street<br />
Painting Festival on Friday, Saturday,<br />
and Sunday, June 8, 9, and 10, 20<strong>18</strong><br />
located in Old Town Temecula. Chalk<br />
Artist and Art Exhibitor applications are<br />
now available online at http://temeculaca.gov/artfest.<br />
Each year Temecula’s Art & Street<br />
Painting Festival draws thousands of<br />
visitors to Old Town Temecula for this<br />
unique art show including fine artists,<br />
ceramicists, jewelry designers, and<br />
photographers showing and selling<br />
their work in festival tents lining Town<br />
Square Park, Main Street, and the Civic<br />
Center quad.<br />
Temecula’s Art & Street Painting<br />
Festival features large, detailed, and<br />
colorful chalk murals on Main Street.<br />
Artists of all media are invited to participate<br />
and showcase their talents in<br />
the exhibition area. This three-day event<br />
highlights mural artists creating an asphalt<br />
gallery of chalk art masterpieces<br />
some as large as 10-feet by 12-feet.<br />
<strong>The</strong> application and fee deadline is<br />
Monday, May 7, 20<strong>18</strong> for Art Exhibitors,<br />
and Monday, May 21st for Chalk<br />
Artists. Please note that all artwork must<br />
be appropriate for family and public<br />
viewing.<br />
For more information, please call<br />
Temecula’s Community Services Department<br />
at (951) 694-6480.