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Technology Advising: Minimizing Risk and Maximizing Potential

Ryan Frederick | December 20th, 2024 | Dublin, OH

There are several reasons why we say that our technology advising helps clients minimize risk and maximize potential. When leveraging technology, organizations have to balance security and stability with scale and growth. Leaning too far one way or the other can create challenges that become difficult to overcome. Strategic technology decisions have to protect while unlocking an organization's potential.

Technology is undoubtedly a great multiplier of efficiency, productivity, and scale. With the multiplying effects also come hazards that have to be known, understood, and mitigated so as not to allow or cause security risks. Strategic technology plans and associated initiatives have to balance maximizing the upside while minimizing the downside.

Leveraging AI, for example, can facilitate increased efficiency and productivity. However, the risks of data being accessed by bad actors, dependent on outside systems, and ensuring proper governance across an AI implementation are critical considerations and actions. However, AI is not the only technology initiative in which security and stability must be at the forefront for mid-market companies and nonprofits.

Our technology advisors, who engage with clients on a fractional basis, serving as CTO or CIO, help clients secure and stabilize their data, applications, and systems as part of their guidance. This is often the first step in our work with clients. An organization must have a solid foundation from which to expand its technical footprint and capabilities. For an organization to get the multiplier benefits of technology, it must strike the balance of risk and reward first and then throughout.

Many of our clients also deal with technical debt, which can develop when software and systems become outdated, inhibiting an organization's ability to operate as desired. Technology that becomes outdated can anchor an organization, creating friction instead of increasing efficiency and productivity. At Transform Labs, our technology advisors help clients ensure their software and systems are secure and architected to foster longevity.

We help clients be secure, overcome technical debt, and avoid technical debt in the future while better leveraging technology to achieve the impact and value that only technology can.