Most of the small and medium-sized enterprises have been found to be spending a lot of money on their information and communications technology , which ultimately contributes to the existing financial burdens.
Motsamai says SMEs are faced with fuel and electricity costs which have skyrocketed, the repo rate is also at a record high, and the exchange rate remains volatile. spend well over 10% of their budget on tech. Motsamai identifies this area as an opportunity to cut costs. Spending too much money on tech can strain an already strained budget. services to avoid investing in the latest technologies or expensive equipment. She says the managed IT services are often responsible for the day-to-day management of a company’s IT infrastructure.
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