How Technology Can Provide Positive Impact During Mergers and Acquisitions (M&A)

How Technology Can Provide Positive Impact During Mergers and Acquisitions

READ TIME: 2 MIN

How Technology Can Provide Positive Impact During Mergers and Acquisitions

How Technology Can Provide Positive Impact During Mergers and Acquisitions (M&A)

Most businesses have a hyper-focus on either (or both) organic growth or inorganic growth. Specifically regarding inorganic growth, the impact of a merger or acquisition on a company and its employees can have some challenges, but having the foresight to involve your IT Provider during due diligence (if possible) will  place your business in the best position once the deal is signed.

Identifying the difference between available technology and compatible technology can have a dynamic impact on the success of any M&A deal. Whether we are talking about fully integrating a brand or leaving the brand as a subsidiary, the goal should ultimately be to transform the existing technology into a scalable revenue generating machine that will positively impact every department.   The evaluation of either sunsetting or adopting legacy systems and programs will be a vital strategic initiative involving key internal stakeholders as well as your trusted IT provider. In addition, M&A often serves as a great opportunity to upgrade existing systems as a needed integration into a legacy system or program may naturally spur a migration in a more efficient system or program.  While there are many factors to consider in determining a move-forward strategy when integrating 2 or more companies, the opportunity to start the discussion of either integrating or upgrading your technology footprint is optimal during a merger or acquisition.

An added component of concern is the state of your cybersecurity once you merge/acquire said business. A thorough cybersecurity assessment will be necessary to mitigate the risk of exposure. There is no question that when a business publicizes an M&A transaction, more attention in the media and by cyber criminals will be on that company. If not handled properly, cybersecurity vulnerabilities could become a major concern. Ensuring that your combined companies are protected from cyber threats is just as vital as ensuring that your EBITDA targets are met. In these situations, involving your managed service provider is both crucial and necessary to accomplishing all future-state IT goals.

Below are a few summarized takeaways to consider:

  • Analyze applicable systems and programs for potential integration or upgrade
  • Enlist your IT partner, NexusTek, during the planning and integration period
  • Take this opportunity to consider modernizing your technology suite
  • Complete a cybersecurity assessment and take the necessary measures to secure your network to mitigate cybersecurity vulnerabilities
  • Ensure that your critical data is backed up and there is a business continuity plan in place in case of a natural disaster or cyberattack

While it is important to focus on business continuity when combining technology infrastructures, always keep the efficiency and productivity of your daily business operations front of mind.

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NexusTek’s Customer Upgrade Rate Above National Average for Windows EOL

NexusTeks Customer Upgrade Rate Above National Average for EOL Systems

NexusTek’s Customer Upgrade Rate Above National Average for Windows EOL

National MSP Pushes for 100% Compliance on Windows Upgrades as Cyber Threats Loom Large for Unsupported Systems in January 2020

Denver, CO (December 19, 2019) – NexusTek, a top national cloud, managed IT services and cyber security provider (MSP), announced today that as of Q4 2019, 70 percent of their clients have upgraded to Windows 10 OS, Windows SBS 2011, Windows Server 2012 or higher. The Denver-based IT firm is closing the gap for SMB customer upgrades as the End of Life deadline approaches for Microsoft Windows 7 OS and Server 2008 R2.

NexusTek has prioritized implementations and upgrades for the largest business sector targeted by cyberattacks – small and midsized businesses – before Microsoft terminates patching and software support. It is widely known that hackers are gearing up to target new vulnerabilities with unsupported Windows 7 OS and Server 2008 R2.  January 14, 2020 marks the last day of support for Windows 7 and Windows Server 2008 R2 – both service packs one and two. Windows Server 2008 operators are already denied access to ongoing updates and new features; this lifecycle status will conclude security patches.

Scott Ray, COO at NexusTek said, “We’ve been here before with Windows Server 2003. In 2015, when Windows Server 2003 reached its extended security EOL, approximately 53 percent of companies were still running at least one instance of Windows Server 2003 and the wormable variants of WannaCry found their target in the unsupported systems. In 2019, NexusTek campaigned heavily to customers on the dangers of running systems and applications that have passed their end of support date as cyber threats increase in volume and complexity. We work with partners like HPE to prioritize upgrade projects and our customers know that NexusTek is their trusted advisor on the best security practices for their business.”

Due to the volume of targeted attacks on unsupported environments, an RDP bug merited Microsoft stepping in with numerous patches – including wormable variants of BlueKeep vulnerability – well after the end of support date. BlueKeep takes the form of a remote code execution bug allowing attackers to execute malicious software at the heart of Windows operating systems – including Windows 7, Windows XP, and Windows 2000.  The WannaCry ransom worm that spread ransomware to at least 120,000 systems worldwide in a matter of hours due to unsupported Windows XP and Server 2003, also required Microsoft to step in with patches in 2017.

NexusTek technology experts are standing by to schedule your upgrade project today.
Or call 877-470-0407 to speak to an upgrade specialist.

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Holiday Office Party Mishap Prevention in Memes

Holiday Office Party Mishap Prevention in Memes

READ TIME: 3 MIN

Holiday Office Party Mishap Prevention in Memes

Holiday Office Party Mishap Prevention in Memes

Office holiday parties and the celebratory time of year brings joy, laughter, and of course- office party mishaps. From spilling refreshments on keyboards to the hundreds of emails that flood inboxes, we are here to make the best of the holiday season. And let’s be honest, sometimes a meme can say more than a paragraph. Here are a few memes that make us laugh out loud with their relevancy.

Potluck Meme

Accidents happen, So, this is a friendly reminder from your friends at NexusTek to avoid spilling eggnog, soda, or really- anything other than wisdom on your devices. But, if you do, remember that NexusTek doesn’t only offer Managed IT Services, we can also replace your hardware if needed!

Emails After the Holiday Memes

We’ve all been there. You are out of the office for a week and come back to 4,397 emails. Remember that hackers are lurking during the holidays. Do not open emails unless you know the sender and are sure that it is not a phishing email. Remember to look at the actual sender’s address. Hackers can make an email appear from someone who you know.

Section 179 Meme

In case you missed it, you still have a couple weeks to upgrade equipment and purchase new hardware and software using Section 179. Read More or watch our on-demand webinar. This will expire at the end of the year, so act quickly.

Backup Grinch Meme

The holidays are a time to enjoy time with your friends and family. Stressing about your business and the security of it should be out of mind during this time. If you are not certain that your data is backed up in the cloud or elsewhere, please Contact Us we’d love to help!

Hiring NexusTek Meme

Having a managed service provider is imperative to the wellness of your daily business operations. At NexusTek, we want our clients to be able to focus on what they do best and leave the technology to us. Learn More about our managed services offerings!

Regardless if you can relate to all or one of these memes, we want to hear from you about your technology and business needs.

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Be Ahead of Your Competitors by Using Technology

READ TIME: 2 MIN

be-ahead-by-using-technology

Be Ahead of Your Competitors by Using Technology

What determines the top businesses in a field? Whether it is by votes or qualifications, most businesses strive to be among the best in their industry. One thing that is often overlooked is the way that technology can be used to ensure business continuity as well as optimal efficiency in the workplace.

Running a business in an ever-changing world of technology presents itself with many opportunities to grow and be more efficient within the workplace. With so many options available, it is important to know the features, advantages and benefits of the tools that will provide the most ease of running day-to-day operations.

  • Data Backup: Your company’s data is its lifeline. Having your data in the cloud or in a backup device assures your business’ continuity in the case of a natural disaster or human error mishap. At NexusTek, we can spin a backup environment for our clients’ data within a short period of time – in literal “seconds.” If you are without a backup and disaster recovery plan, reach out to NexusTek today for more information.
  • Cybersecurity: The level of cyberattacks that can be created and imposed on a company are becoming increasingly worse by the sophistication of cybercriminals around the world as well as the vulnerable state businesses leave themselves in. Between ransomware, malware, and overall security issues, having a provider that can expertly provide cybersecurity services is a must. Is your business protected? Connect with us at the link below if you consider the security of your business important. Many business owners and senior leadership fail to recognize the potential business detriment when their network is exposed and vulnerable.
  • VoIP: Did you know that nearly 71 percent of businesses are using analog telephone systems? Voice over IP (VoIP) is an efficient way to maximize productivity in business while saving on cost. With our many VoIP offerings, we can find a customized phone solution for you. Some of the features include call recording, video conferencing, voicemail transcription and service mobility. More businesses today are streamlining costs by going with mobile workforces and ensuring productivity simultaneously. To take part in the mobile workforce movement, one only needs to be partnered with the right IT service provider.

So many options, so little time, right? Hiring an expert in technology is helpful when making decisions for utilization of technology in a business. Our team of consultants are well-versed in working within your budget constraints while creating a solution that will propel your business’ efficiency. Hiring a managed service provider allows you to have customized solutions for your business.

Have you optimized the technology in your business lately?
If not, contact NexusTek to find out how technology can make your daily operations more seamless and productive.

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Has Your IT Provider Been Naughty or Nice This Year?

READ TIME: 2 MIN

Has your IT provider been naughty or nice this year

Has Your IT Provider Been Naughty or Nice This Year?

With Christmas around the corner, take the time to ask yourself how your IT provider did this year and the impact they had on your business. Hopefully your provider deserves what they want for Christmas, but unfortunately some will deserve a lump of coal. Here are a few questions to ask:

  • Does your IT company value continuing education for their technicians? A good technology company will ensure that technicians are trained on the latest and greatest software, hardware and applications to keep your business running smoothly. Technology is constantly evolving and so should your provider’s skillset and knowledge.
  • Where is their help desk located (domestically or internationally) and do they answer phones live? Speaking to a live person is important when needing urgent assistance or to speak with an IT Consultant. In a world where technology is replacing human interaction, we at NexusTek value the interpersonal relationship between our clients and team members.
  • Do you have more than one point of contact? Having a reputable IT company means you can contact them at any time, no matter who is on vacation or taking a sick day – your issue can get immediate attention. NexusTek provides clients with an Account Manager as well as access to a full staff of technicians and other support members.
  • Are expectations set and maintained? Issues with your infrastructure will undoubtedly arise and should be met with a sense of urgency. It is imperative that your agreement with your service provider sets and meets the expectation.
  • In the event of a natural disaster at their location, does your IT provider have domestic redundancy? Uptime is a direct measurable when thinking about how your IT provider is performing. Your infrastructure should not suffer when a peril strikes and your IT provider should have measures in place to maintain continuity.
  • Is your monthly IT spend determined on an hourly basis or a fixed rate? As an IT provider, NexusTek makes clients’ our top priority. Whether the problem takes one minute or one day, a fixed monthly managed services plan ensures that you will not be charged on an hourly basis for routine network or maintenance issues.
  • Has your IT company presented you with the opportunity to reduce costs by migrating to a cloud environment? Did you know that your business can be operated in the cloud with no on-premise servers at a fraction of the cost? Not only does this mean little to no down time in the event of an emergency, but it also means additional conveniences are available such as remote employees, working from home, etc.

Once you have answered these questions, you should be able to determine
if your provider should be considered naughty or nice.

Feel free to reach out to NexusTek for assistance
if your provider is on the naughty list this year.

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