MicroAge Blog Featured Image (2)

What does the global chip shortage mean for your business?

You don’t have to look very hard to find examples of cloud service outages.

In June 2021, a huge cloud service outage caused many high-profile websites to go down. While constraints on cloud services are most definitely a cause for concern, they aren’t the only potential road block in navigating the landscape of today’s increasingly resource limited market.

For the past couple of years, the tech world has been struggling with a huge shortage of chips.

But it’s not just tech businesses that are feeling the impact.

So many of the things we use every day contain a chip. Laptops and desktops of course. But also, household appliances, even our cars. It’s hard to find an electric device without a chip.

This shortage has the potential to disrupt our modern lives.

Did you know, it’s been going on since 2020 (that year really was a gift, wasn’t it)?

It started during the pandemic as production fell while demand went up.

Other events since have made it worse, including extreme weather, the Ukraine war, and a factory fire.

We’re told that increasing chip production isn’t easy. It can take years to build a new factory because of the unique production demands.

Of course, all of this is someone else’s problem. Let’s make it real to you – what does this actually mean for your business?

It means you need to plan ahead more.

Some of the technology you need to run your business may be in short supply.

As an example, getting large numbers of the same laptop might be difficult, compared to getting just 2 or 3 units.

And some of the essential devices you rarely think about as they’re in the background, such as network switches, are currently much harder to get.

As you push your business towards increased growth it means planning ahead more than ever before.

Industry experts expect the shortage to last into next year… and it could be even longer.

Would you like us to check your growth plans, so we can advise what might need to be ordered, when? Get in touch.

Also; if you’re finding yourself in a bind trying to obtain adequate tech equipment for your business, consider the possibility of using a Hardware-as-a-Service (HaaS) or Device-as-a-Service (DaaS) options to keep your office running smoothly.

Published with permission from Your Tech Updates.

Get the most from your IT

As service providers to more than 300 companies, the dedicated professionals at MicroAge are second to none when it comes to managed services. By improving efficiency, cutting costs and reducing downtime, we can help you achieve your business goals!

Most commented posts

Infrastructure informatique, IT infrastructure

5 Benefits of an Optimized IT Infrastructure

Is your current IT infrastructure helping your business thrive in its industry or creating obstacles for growth? If you’re still not using cloud technologies to…

Read More
cloud data back up

5 Reasons Your Company Should Use the Cloud for Data Backups

From emails with malicious files to zero-day vulnerabilities, the risks to business data are everywhere. An excellent strategy to prevent information loss and protect your…

Read More
In 2018, studies found that close to 60% of all cyberattacks are aimed at small and medium sized businesses. As criminals get smarter and more sophisticated, it’s never been so essential to protect businesses from cyber threats. If you own a business or are a CIO, here are five cybersecurity best practices for your company

5 Cybersecurity Best Practices for Your Company

In 2018, studies found that close to 60% of all cyberattacks are aimed at small and medium sized businesses. As criminals get smarter and more…

Read More
Hacker data breach

Why Should My Company Worry About Data Breaches?

Data breaches are a major cybersecurity concern because they can ruin a company’s reputation, cost millions of dollars, and paralyze businesses for several days. Here’s…

Read More
different kind of backups

The Pros and Cons of Different Kinds of Backups

If you’ve read our last blog on the importance of data backups, you are likely considering which kind of backup you should perform to keep…

Read More