Is your business losing money because of outdated technology? If your systems are more than a few years old, the answer is likely yes. A recent survey by Deloitte revealed that 82% of companies failed to meet their cost-reduction targets last year due to an inefficient technology infrastructure. This is a wake-up call for small businesses in NYC and Long Island: modernizing your tech isn’t just a luxury—it’s a necessity.

In 2024, nearly 300 business leaders were surveyed about improving business margins and transforming technology. The results showed that legacy technology is the biggest barrier to reducing costs and increasing efficiency. More than 50% of respondents indicated that they are focusing on AI-powered solutions and data strategies to boost productivity, but they are being held back by outdated systems.

Why Upgrading Your Technology is Essential for NYC and Long Island Businesses

Legacy systems—those that are 10+ years old—can quickly become money pits. They are slower, require frequent maintenance, and can’t keep up with modern features. If your competitors are using more advanced systems, you’re at a disadvantage in everything from scaling operations to customer service.

But the problem goes beyond productivity. Outdated technology leaves your business vulnerable to cyber-attacks. As new threats emerge, older systems struggle to keep up with the security updates required to protect your network, exposing your business to data breaches, ransomware, and other cyber threats.

Why Do Businesses Delay Tech Upgrades?

Even though upgrading technology has clear benefits, many business owners delay these updates due to concerns about cost. Business leaders often worry about potential downtime, training costs, or technical issues with the new systems. However, a separate Deloitte study found that companies are spending up to 55% of their IT budgets just maintaining outdated systems—far more than they would spend on upgrading to more efficient technology.

The cost of NOT upgrading may be even greater. Old systems lead to downtime, slow operations, and increased vulnerability to cybersecurity risks. An experienced IT support team can help you assess your current infrastructure and create an upgrade plan that minimizes costs and maximizes efficiency.

How Can Managed IT Services Help?

Upgrading your business technology doesn’t have to be overwhelming. A managed IT services provider can evaluate your network, recommend cost-effective upgrades, and ensure your business is running smoothly during and after the transition. This includes training your staff and ensuring your new systems are secure, scalable, and aligned with your long-term business goals.

If your business is still relying on outdated systems, now is the time to take action. With the right upgrades, you can boost productivity, reduce long-term costs, and protect your business from cybersecurity threats.

Ready to Upgrade? Get a FREE Network Assessment

If you’re ready to explore what upgrading your technology could look like, we’re here to help. Our experts will perform a FREE Network Assessment to analyze your current system, identify inefficiencies, and recommend the best path forward to modernize your business. Don’t let outdated technology hold you back.

Call us at 718.412.9196 or click here to schedule your FREE Network Assessment and start future-proofing your business with reliable managed IT services and cybersecurity solutions in NYC and Long Island.