Following the rapid advancement in technology, the need for a strong IT system has emerged in today’s business world. To suffice the IT requirements of companies that do not possess the necessary resources, IT support services have started taking over the market.

IT outsourcing is a popular strategy followed by many businesses around the globe that do not have sufficient resources within their organizations. IT outsourcing means hiring IT experts from outside of an organization to carry out IT-related business operations.

The Monetary Authority of Singapore (MAS) revised the Technology Risk Management (MAS TRM) guidelines that set out risk management principles and favorable practices for financial institutions on January 18, 2021, eight years after the previous revision which was made in 2013. 

If you are wondering what a private cloud server is, and how it differs from a public cloud, here’s the answer. At present, numerous types of organizations enjoy the benefits of cloud computing, and the hype swirls around the ones that are considering adopting cloud computing as well.

Technology has greatly helped to empower businesses and their processes. However, the increase of data and sharing has also made sensitive information more vulnerable to compromisation as well.

NEX CorporateIT offers IT outsourcing services in Singapore, including cybersecurity exercises. With these exercises, our experienced cybersecurity professionals will perform Gap Analysis to bring to your awareness the risks involved and list advisory actions to take within a Risk Register for your company to be Regulatory Compliant.

Most Singapore IT outsourcing services like DRaaS providers typically offer a stable pricing policy, making it easier for companies to plan for a disaster recovery strategy budget.

Many companies will have their own business strategy centered around IT outsourcing support. However, the common issue comes in deciding whether to build an internal IT team or to opt for outsourced IT support.

The IT outsourcing company can also provide additional support to the hiring company’s internal IT team, and this practice is commonly referred to as co-sourced IT support.