What is the Value of IT? Optimizing Your IT Spend

For most business executives, IT is likely the least of your worries. However, are your IT professionals delivering the highest value? Are your IT functions aligned with your business objectives? Can Your IT department accomplish all your IT needs on your current IT budget and maintain continuous improvement?

Increasing the value of your dollar is crucial to growing your business. It’s no longer enough to simply cut costs; those who focus on cost containment, predictability and value gain an edge. Taking a step back and realizing what your IT can truly do for you is a critical step in realizing your business’ potential.

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3 Key Components of your IT Outsourcing Strategy

Times are Changing

The era of Digital Transformation & “Cloud-First” IT strategies has become a catalyst for change in the roles and responsibilities of IT departments and its stakeholders.

If you’re a CIO, VP of IT, etc – the change likely begins with you.

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Top IT takeaways from the JP Morgan 2018 Healthcare Conference

 

PCI attended the 36th JP Morgan 2018 Healthcare Conference in San Francisco for our first time!

The JPMHC conference brings together the top public and private Healthcare/Life Sciences companies in the world to present an overview of their business’ prior year, and provide insight regarding their future.

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Top 5 “Must-haves” in any Cybersecurity Strategy

Situation

Cybersecurity is a hot topic right now, justifiably so considering that cyber-crime damage costs are expected to hit $6 trillion annually by 2021, and global spending on cybersecurity products & services is predicted to exceed $1 trillion over the next 5 years (per Gartner).

However, it’s not unusual for executives to misunderstand effective cybersecurity risk management. They often consider it an issue for IT to deal with, when in fact it is an enterprise-wide issue.

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Cybersecurity in the Biotechnology Industry

Biotechnology Industry as a Target

As critical research, patient and business data have matured into digital format, so have regulatory compliance standards that govern their security and access – establishing a “best-effort” responsibility for businesses that manage sensitive data. A breach may result in significant fines, in addition to potential negative exposure and damage to your business’ reputation.

Therefore, Cybersecurity breaches are now more prevalent than ever. Those looking to compromise your systems understand the potential impact a breach could have to your business, and look to leverage that into significant ransom payments.

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International Biopharmaceutical Client – PCI Case Study

Situation

This client had recently changed its leadership, introducing a new CEO to the business in addition to removing their VP of IT. With multiple offices internationally in addition to continued growth of employees and pipeline assets, their new CEO sought to analyze current IT capabilities and establish a short and long term strategy for the business.

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SSAE 16 Type II SOC 1 Report

For the second year in a row Personal Computers, Inc. (PCI)  successfully completed Statements on Standards for Attestation Engagements No. 16 (SSAE 16) Type II  Service Organization Control (SOC) 1 Report.  In previous years, PCI had SAS 70 examinations performed with no exceptions, beginning in 2011 the American Institute of Certified Public Accounts (AICPA) replaced the SAS 70 with the SSAE 16.

An independent service auditor examined the policies, procedures and business processes in place at PCI from January 1- September 30th.  The auditors spent a week inspecting our facility, learning about our procedures and interviewing PCI’s Personnel and management.

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PCI Recognized as one of the Healthiest Companies in WNY

PCI was recognized at a luncheon recently as a finalist as one of the Healhiest Companies in WNY by Business First. Congratulations to PCI's Wellness Team consisting of Adam Howell, Amber Wolff, Kyle Martin, Tim Martin and Mike Faracca under the leadership and direction of Wendy Voglmayr.

Although PCI did not take the top prize in the small business category, we are proud of the accomplishments and results achieved by the committee since its inception.  Health and Wellness continue to be one of our priorities.  We look forward to the programs and upcoming events that the Team is planning for 2014 - 2015!

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