The modern workplace is evolving at breakneck speeds. By getting ahead of current technology trends you can keep your business competitive and ensure your business remains relevant in the fast-paced world of business. Here are four technology systems you should be looking at as they evolve.
Remote Working and Monitoring Software
Working remotely from home is becoming a more popular option for employers and employees every day, as we have discussed before. The technology to log hours, communicate remotely, and provide guidance on projects is a technology that your business may find indispensable in the modern world. What this means is you should invest in changing how your modern workspace functions. The standard 9-to-5 job may not be a sustainable model for everyone, with more people video conferencing and working from home than ever before.
Software as a Service
Software as a service (SaaS) has taken off in recent years, with more businesses requiring the powerful tools that help them stay on top of the modern market. Many businesses use SaaS systems for accounting, business management, payroll processing and customer relationship management (CRM). The primary purpose of using computer-based tools is to benefit from automation. For accountants, some built-in calculators perform all mathematical calculations. Day traders use software to generate trades automatically, and real estate agents find it easier to manage lists of customer leads. Overall, automation is helpful in reducing human errors and increasing business efficiency, and it is only getting smarter. As Toby Scammell over on Medium says, “Currently, we’re in Phase One. Today, most SaaS platforms are essentially frameworks (sometimes very powerful ones) that help users do jobs themselves. As we head into Phase Two, users will input some general rules and the software will handle a bunch of tasks automatically. Eventually, in Phase Three, users will just switch on their SaaS product and the system will figure out what to do without any additional guidance.”
Artificial Intelligence
Artificial intelligence has existed for decades, but few business people were able to incorporate it into their operations. In a Forbes article discussing over 3000 businesses, “Despite high expectations for AI, only 23% of respondents have incorporated it into processes and product and service offerings today.” This is despite the belief that AI systems will become instrumental in how business will be done in the next 5 years. Apart from automation, AI systems are able to compile and process an astounding amount of data for ease of use and recognize patterns much more effectively than a human-based system.
Mobile Webites and Apps
With millions of consumers using smartphones around the globe, more professionals see the importance of mobile applications. Consider building a mobile-friendly website, even if you think that your business will not benefit from it. The importance of an effective mobile site can’t be overstated, with more than half of the average visitors to a website originating from a mobile device, and more than that have effective sales conversions. Consider developing a mobile friendly website for your business that can help gain new customers, and make you stand out from the competition
Getting ahead of technology is one of the most difficult parts of keeping your business current with modern software. By keeping your eyes on these evolving systems, you will stand ready to make your business just as powerful, dynamic, and versatile as any of the major competitors
