Maximize Value: The 4 Essential Benefits of Business Technology Consulting Services

Maximizing the value of technology presents clear challenges. You have to deal with modern applications and infrastructure that evolve quickly. You must plan for the increasing upfront costs to migrate and customize applications. There are also ongoing maintenance and support costs, which often need to be considered and remembered.

The IT consulting and implementation market is projected to skyrocket from $51.5 billion in 2020 to $92.95 billion by 2029. Business technology consulting services are becoming indispensable to ensuring technology meets goals and helps you stay competitive, secure, and agile.

Getting IT guidance is smart if you aim for long-term business growth and success. This is where business technology consulting services come in. Technology consultants work with companies to improve the value of technology. With the right business technology consulting services, your company can benefit from four essential benefits:

1. Develop a strategy that aligns with company goals
2. Improve business processes and efficiency 
3. Enhance employee productivity 
4. Remove legacy systems that weigh you down

Read through to explore the four benefits of working with a business technology consulting services firm.

1. Align Investments with Goals

Companies across all industries aspire to better outcomes when investing in technology. Business leaders seek to integrate the best new technology or modernize existing systems when possible. While there are many opportunities, they all come with risks. Misaligned expectations and getting overwhelmed with the number of options are all too common when selecting and adopting new technologies. With a clear plan, you can avoid costly mistakes that drain resources.

Partnering with the right business technology consultants means gaining access to deep industry knowledge and a wealth of experience to tackle challenges similar to yours. Working with consultants with extensive backgrounds and understanding your business needs leads to tailored solutions that deliver successful outcomes.

The right consultant doesn’t just offer generic and one-size-fits-all answers. They present a range of options, considering customization needs, ease of implementation, and scalability, to help you choose the right technology for your company’s goals now and in the future. This results in a strategy that delivers confidence and a clear path to achieving the desired goals.

2. Improve Process Efficiency

Business technology consultants can assess your current processes and technologies to identify inefficiencies, often resulting from poor implementations and workflows with repetitive or manual tasks that could be reduced. Using the information collected, consultants can offer tailored solutions that enhance performance and boost efficiency based on their analysis of your current operations. These recommendations also consider future needs and provide a path to support scalability as your teams and business grow. 

According to Gartner, companies and teams that adopt “radical flexibility” with their processes, supported by technology, see a 55% increase in employee performance. Understanding which repetitive tasks can be automated frees up valuable internal resources, allowing your team to focus on higher-priority work. Consultants can guide you through a systematic plan to make progress forward and achieve an end goal that delivers better efficiency and scalability across your company.

3. Enhance Employee Productivity 

In addition to process efficiency, business technology consulting services can boost employee productivity. By thoroughly assessing existing systems and processes, consultants can identify bottlenecks and inefficiencies that can be improved. They can then recommend and implement tailored solutions, such as cloud-based collaboration tools, automated workflows, or integrated software systems, that streamline operations and reduce the steps required to be performed by your team members. This can also involve getting more out of the technology you already have deployed by ensuring your team members use it to its full potential.

These improvements allow employees to focus on high-value activities rather than getting bogged down by repetitive or time-consuming processes. Additionally, consultants can provide onboarding and ongoing training to ensure the smooth adoption of new technologies, maximizing the return on investment and empowering employees to work more effectively. By aligning technology strategies with team-based objectives, business technology consulting services pave the way for increased productivity and employee satisfaction in today's fast-paced digital landscape.

4. Sunset old systems 

Scaling your business has an effective sweet spot, but it is knowing when current systems become a bottleneck and fail to address critical challenges such as:

• When systems and internal processes struggle to meet employee and customer expectations.
• When systems slow down, the ability to scale to meet increased demand and the launch of new capabilities.
• When you cannot adapt fast enough when market conditions or client preferences shift.

According to McKinsey, successful partnerships are rooted in adequately planning for scalability and restructuring to address challenges like outdated systems, slowed decision-making, and rising costs.

Business technology consulting services firms are essential to this tactic. They go beyond helping companies solve issues—they also provide expertise to help businesses leverage new opportunities and know when to innovate. Consultants can be crucial in identifying outdated systems and facilitating a smooth transition to more modern, efficient solutions. These experts thoroughly assess your existing technology infrastructure, pinpointing legacy systems that may hinder productivity and pose security risks.

By leveraging their extensive knowledge of current industry trends and best practices, consultants can recommend cutting-edge alternatives that align with the company's needs and goals. They then develop comprehensive migration strategies, ensuring minimal disruption to daily operations during the transition process.

Throughout the implementation, consultants provide valuable guidance on change management, helping employees adapt to new technologies through targeted training and support. This approach modernizes your company's tech stack and enhances efficiency, security, and competitiveness.

Partner with the Right Business Technology Consultant to Maximize Value

Consider how the right business technology consultants working alongside your team can guide your company to maximize value and sustainable growth by ensuring your strategy is both future-proof and adaptable to future industry shifts.

With over three decades of expertise, CorSource provides outcomes you can trust. We supply strategic consultants, subject matter experts, and agile project teams with a delivery model always tailored to meet your needs. Tap the power of both people and technology. Reach out to CorSource today.