Lessons from a Global Technology Outage

As we saw two weeks ago, our entire world is dependent on technology. The global technology outage precipitated by a faulty software update rollout by Crowdstrike illustrates how a small problem can have enormous repercussions. The recovery will likely be difficult and expensive for many companies but especially for small to medium-size businesses. Read on to learn about how a technology advisor can help your company mitigate damage from and even prevent technical issues

The Outage and its Impact

On July 19, 2024, a global technology outage resulted from a faulty software update from technology firm CrowdStrike upended operations across multiple industries. Flights were canceled and delayed, medical care interrupted, and businesses large and small were unable to operate. Large businesses will have a difficult time recovering, but what about small to medium-size businesses with less technical support? Smaller businesses dealt with missed deadlines, possible loss of customers and the inability to pay workers. What lessons can companies learn from what happened? 

How a Technology Advisor Helps

Although some incidents are out of a company’s control, they still need to be prepared for the consequences of technology problems. A technology advisor is an expert in their field who advises, guides and supports businesses needing help with technology-related decisions. These decisions can include strategic ones, such as how to implement automation and develop a framework for cybersecurity. Or the advisor can assist in planning and navigating software updates to smooth the rollout process. Training and support of workers to give them the knowledge and skills to effectively and safely use technology tools.  

The software update responsible for the outage was believed to have not undergone rigorous testing–including for compatibility with common software systems. Technology advisors can help a company develop a framework for rigorous testing of updates to prevent problems that can spread to stakeholders; this includes cybersecurity issues. 

What Your Company Can Do

Of course, a technology advisor doesn’t do all the work. A collaborative approach in your company, where the IT department works with other business units, contributes to the knowledge of all. For example, while some departments may be enthusiastic about automation of processes, another can provide needed caution–no technology is infallible.  A  technology advisor can help  the company plan an automation strategy. Not to mention, the advisor can remind the company of the need for human oversight of automation.

July’s global technology outage has shown us all how digital transformation can introduce risks. Small to medium-size businesses may need a technology advisor to help them with a plan to mitigate these risks. For further assistance, contact your trusted technology advisor today.