FOMO is driving businesses to spend more on technology trends  • Blisstech Solutions

Ever feel like you’re racing to keep up with all the new tech out there? You’re not the only one. Businesses are spending more on software than ever before… and it’s in no small part due to “FOMO” – fear of missing out.

A recent report shows that 76% of businesses are bumping up their software budgets for next year, with many planning to increase their spending by 5 to 15%.

Why?

It’s simple: No business owner wants to feel like they’re falling behind with technology trends while their competitors are jumping on the next big thing. So, businesses are investing in tools that they think will make them better, faster, and more secure.

Artificial intelligence (AI) is at the top of the technology trends list. This is because AI makes it easier to get stuff done, whether automating routine tasks, crunching numbers, or even improving customer service.

But on the flip side, AI is also putting new tricks up cybercriminals’ sleeves, meaning that businesses are having to spend more on cyber security to keep their data safe.

The hardest part about buying software isn’t usually the actual purchase – it’s what comes after. Using new software takes planning, and everyone in the team needs to learn how to use it. If your team isn’t ready, even the best software won’t help you much.

This is why many businesses also invest in training tools, such as learning management systems (LMS). These tools help bring employees up to speed so your new tech doesn’t just sit there collecting virtual dust.

It can be tempting to be one of the first to adopt all the latest tools. But moving too fast can lead to headaches. It takes time to figure out what software is right for your business and how to make it fit into your processes. Jumping in without a clear plan could leave you with a tool that’s more trouble than it’s worth.

The good news is that many businesses are getting more thoughtful about choosing software, using reviews, testimonials, and recommendations from experts (like us) to make informed decisions.

If you’re pressured to invest in new tools, take a breath. Think about what your business needs:

  • Do you want to improve efficiency?
  • Keep your business data secure?
  • Help your team work better?

Whatever the reason, make sure you choose tools that align with your goals and that your team is ready to use them.

FOMO might drive the trend, but that doesn’t mean you have to let it control your decisions.

We can help ensure that the tech you invest in pays off for your business in the long run. Contact us.

More Content

Microsoft Remove Delay Windows 10 Updates in version 2004

We recently wrote an article on how to delay Windows 10 updates so that you can wait until issues are resolved before you install new updates.  However, in the Windows 10 2004 update, Microsoft has removed the ability to delay Feature Updates for up to 365 days in the...

IT Managed Services for HR and Recruitment

Technology has significantly impacted businesses involved with human resources, changing how HR and recruitment organisations and professionals operate. Technology has automated many administrative tasks, has made it easier for HR and recruitment professionals to...
How to create secure passwords

How to create secure passwords

Weak passwords are one of the biggest security risks to your business.
Why?
Because cyber criminals are getting smarter than ever before. If they manage to crack just one password, they could gain access to your sensitive business data, financial information, or even gain control of your entire system.
Cyber criminals use automated tools to guess passwords, allowing them to try out millions of combinations in seconds. So, if you’re using something like “Password123” or “CompanyName2025”, you’re practically handing them the keys to your business.
A compromised password can lead to big issues, such as:
• Data breaches
• Financial losses
• Identity theft
• Reputation damage
But how do you create strong passwords without driving yourself (and your team) mad?
Think of your password like a secret recipe, where only you should know the ingredients. It should:
• Be at least 14 characters long (the longer, the better)
• Include a mix of uppercase and lowercase letters
• Contain a few numbers and symbols (like @, $, %, or &)
• Not contain any common words or easily guessable information (like birthdays, names, or the word “password”)
Instead of using a single word, you could try a passphrase – a short, random sentence that only you would understand. For example, instead of “Sailing2025”, try something like “Coffee&CloudsAreGreat9!”. This is much harder to crack, yet still easy to remember.
You should also steer clear of these common mistakes:
• Using personal info (your name, birthday, business name, etc.)
• Reusing the same passwords across multiple accounts
• Using simple sequences (“123456” or “abcdef”)
• Storing passwords in an easily accessible place (like a sticky note on your desk)
If remembering unique passwords for every account sounds impossible, there is another option: Password managers. These generate strong passwords, store them securely and autofill them for you.
With a password manager, you only need to remember one strong master password for the manager app itself. The rest are encrypted and stored safely, reducing the risk of data breaches.
Even the strongest password isn’t foolproof, which is why multi-factor authentication (MFA) is also important. MFA requires a second form of verification, like a one-time code sent to your phone or generated from an authentication app.
If you have employees accessing your business systems, it’s a good idea to have a password policy in place to explain your rules and why they’re important. This should include:
• Unique passwords for each system and account
• Regular security training on password best practices
• Business-wide use of MFA for critical systems
• Scanning for compromised passwords regularly
By making password security a priority, you can reduce the chances of a cyber attack creating a nightmare for your business.
And if you need help making your business more secure, get in touch.

Is Your Business Ready for Coronavirus Lockdown?

With the COVID-19 coronavirus continuing to spread in the UK, and Italy and China placing lockdowns on their towns and cities, it seems likely that the UK will follow suit if the outbreak continues apace.  Experts have stated today that the spread of the virus in the...

Global State of Ransomware Report 2020

Datto have released their annual Global State of the Channel Ransomware Report for 2020. They have interviewed more than 1000 managed service providers (MSPs) around the world. The report gives details on the state of ransomware from the perspective of the...
Microsoft: Criminals can access your accounts without your password

Microsoft: Criminals can access your accounts without your password

Just when you think you’ve got cyber security sorted for your business, a new scam comes along. This time, cyber criminals don’t even need to trick you out of your password to access your accounts… they can fool you with something called a “device code”.

How to help your people be AI confident

How to help your people be AI confident

Has your business embraced AI? Or do employees feel worried or even judged for using it?

If you want to benefit from everything AI can offer, you need to give your team a confidence boost. Here’s how…

What’s your business’s view on Return to Office?

What’s your business’s view on Return to Office?

Do you love keeping your employees happy by allowing them to work remotely? Or do you think everyone is more productive in the office? Businesses are divided on this right now… here are some important considerations before you decide what’s best for your team.

Templates and Slide Masters in PowerPoint title

Tech Tip: How to use Templates and Slide Masters in PowerPoint

This Tech Tip will show you how to use templates and Slide Masters in PowerPoint to give your presentations a professional and consistent look. I've been using PowerPoint for over 25 years and have created a lot of presentations. Previously, I would work from a...
A woman looking at her phone while working from home

Office 365 and Windows RDS: Maximum Remote Working Flexibility

Windows Remote Desktop Services (RDS) has been around for years. I was using it over 20 years ago and was a fan.  It was an excellent solution for flexible working over slow connections, which is all we had back then!  However, back then, you needed something else to...
Share This
Contact
Love Lane
Cleobury Mortimer
Shropshire DY14 8PE

01299 382 321
[email protected]
Copyright © Blisstech Solution Ltd
Registered No: 08125391 VAT No : 307 5490 05