Katalyst Blog | Resources and Insights

What is Katalyst's Technology Business Canvas?

Written by Jesse White | Aug 30, 2024 6:42:09 PM

Many business leaders today feel constrained in their IT and cybersecurity efforts as they try to do more with less. However, there’s still a way to get unstuck and move forward, consolidating your efforts and helping you prioritize the changes that will be most impactful.

Katalyst’s Technology Business Canvas is a complimentary service that offers a clear, customized plan to improve your technology approach without the hassle of a full technical audit.

We'll help you assess your strengths, opportunities to improve across the key areas that matter to you, and provide you with a strategic roadmap to help you plan and prioritize these opportunities.

What is Katalyst’s Technology Business Canvas?

The Technology Business Canvas (TBC) is a complimentary high-level assessment we offer to our strategic clients to help them create a long-term technology roadmap. We spend some time (typically a few weeks) looking through your technology framework and identifying core areas for optimization based on your goals.

The TBC provides a three-year roadmap based on current market trends and technology. It helps you spot hidden opportunities and inefficiencies, giving you a fresh perspective to move forward based on what our industry experts see day in and day out across hundreds of environments.

By identifying critical gaps in your IT and cybersecurity setup that might not be immediately obvious, this service allows you to address potential risks before they become serious issues. By laying out clear priorities, the TBC ensures that your technology investments are aligned with your long-term business objectives.

You don’t have to implement these recommendations all at once, or at all, but Katalyst offers guidance to help you make informed decisions about which to prioritize, and how to take more control of your business’s future.

How it Works

We gather both business and technical information through various methods, including onsite interviews and technical assessments. Our engineering team then analyzes this information to build a custom roadmap for your organization.

  • Data collection: We collect information through onsite interviews with executives and IT staff, and we use advanced tools to gather technical data and manually check existing technologies.
  • Tailored strategy: We analyze the collected data to develop a strategy specifically designed for you.
  • Engineering analysis: Our engineering team uses their knowledge and expertise to create a detailed, actionable technology roadmap for you.

This isn’t meant to be an in-depth technical review (like you might use for compliance). To use a healthcare analogy, you can think of it less like an MRI, and more like an X-Ray with a health checkup and some blood work.

Benefits of the Technology Business Canvas

Strategic Clarity

The TBC helps you understand your IT and cybersecurity setup more clearly. It lays out where you are now and where you can improve, helping you prioritize your goals and focus on what matters most.

For instance, past customers have been able to spot security gaps, or uncover where a data backup solution wasn't meeting their needs, allowing Katalyst to identify the most suitable solution. Other companies have learned about parts of their system where a crash could create severe cascading problems across their business.

Better Decisions

With the insights from this assessment, you can make smarter decisions from a strategic and technological standpoint. By identifying gaps and inefficiencies, like security weaknesses or outdated backup solutions, you can use your resources more effectively and make choices that align better with your long-term goals.

Proactive Solutions

The assessment also gives you a roadmap to tackle future challenges before they happen. With a 3-year plan based on market trends and new technologies, you can prepare solutions in advance and stay ahead of potential threats.

What might your 3-year roadmap address?

The roadmaps offer comprehensive strategies to enhance your network security and efficiency, broken down by how soon we recommend making these changes. While these are tailored to your company and its needs, your roadmap may include items such as:

  • Key systems to upgrade
  • Updates to protect critical data in your network
  • Ways to eliminate bottlenecks in network infrastructure
  • Methods to ensure compliance with software licensing requirements
  • Updates for advanced backup solutions that are sufficiently secure
  • Migrating specific key services to the cloud
  • Integrating modern security measures and best practices
  • Tactics for updating email security
  • Assessments to identify and rectify any gaps in security and compliance
  • Identifying places to introduce redundancy in databases or application servers
  • Suggestions for testing incident response plans
  • Critical software updates and/or deletions
  • Suggestions for updating or replacing network appliances and infrastructure

To learn more and get started with your Technology Business Canvas assessment, schedule a call.