Scaling Businesses Prioritize Worker Advantages, Filling Skills Gaps, & IT Investments
Insights show corporations experiencing growth throughout the study period focused on improving worker work environments, outsourcing when vital, and scaling IT infrastructure.
“We recognize that scaling a business is difficult, especially with the complications of COVID-19 during the last several years, so it’s no surprise that staffing and IT challenges have surfaced,” said Terry Trout, Senior Vice President, Marketing at Liquid Web. “It’s why we’ve created a large portfolio of fully managed hosting solutions for SMBs and packaged it with expert support. We may be an extension of their team, monitoring and managing their servers, patching security vulnerabilities, and correcting issues before they’re aware. We’re greater than an expense on their IT budget. We’re a partner of their success.”
Key study findings from the five-year growth period:
- 40% of corporations raised worker compensation.
- 52% of companies hired recent talent to unravel learning gaps inside their organization.
- 75% of companies outsourced half of their additional staffing needs.
- 62% of companies scaled IT infrastructure to accommodate greater virtual machines.
Participants within the study are U.S.-based business owners, partners, and C-level executives. Participants got here from corporations with fewer than 5,000 employees that identified as scaling a business throughout the last five years.
About Liquid Web
Constructing on 25 years of success, our Liquid Web Family of Brands delivers software, solutions, and managed services for mission-critical sites, stores, and applications to SMBs and the designers, developers, and agencies who create for them. Liquid Web (Managed Hosting), Nexcess (Digital Commerce Cloud), and StellarWP (WordPress Software and Tools) have greater than 500,000+ sites under management, over 100,000 software subscribers, and a pair of million+ free version software users. Collectively, the businesses have assembled a world-class team of industry experts, provide unparalleled service from solution engineers available 24/7/365, and own and manage ten global data centers. As an industry leader in customer support, the rapidly expanding brand family has been recognized amongst INC. Magazine’s 5000 Fastest-Growing Corporations for 12 years. Learn more in regards to the Liquid Web Family of Brands.
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Concerning the Writer
Jackie Cowan
Jackie Cowan is the Communications Manager for Liquid Web. She received her MS in Communications from the Ithaca College, MLIS in Library and Information Science from the University of Pittsburgh, and BBA in Management Information Systems from the University of Michigan. She has 10 years of experience with technical and billing support, search engine marketing, and spearheading projects to boost company culture.