While every century has had at least one hallmark trend (remember the Industrial Age?) that fostered innovation and growth, for most people it’s obvious that innovation in technology stands to take the 21st century into an unheralded era that is difficult as yet to envision by almost everyone.
With the advances in smart devices, 5G, machine learning, and artificial intelligence technologies, to name a few, both businesses and customers alike can expect to be continually introduced to new and exciting features that will change and streamline business processes, provide more options for consumers, and overall change the way in which companies will conduct their business and how customers can expect to interact with these same companies.
Companies who learn to leverage IT resources early on are poised to be first in line to take advantage of all the exciting transformations soon to take place. Those companies that get bogged down in daily operations and everyday problems, with little thought to the future, will only increasingly struggle to remain competitive.
Preparing for Growth
By now it should be obvious that preparing for business growth means having essential technology as a cornerstone in a company’s foundation. In the 21st century, technology is as important as having a production strategy, a product or service to sell, as well as a marketing strategy. As with every other successful endeavor, using technology to sustain, drive, and increase business growth begins with a measured plan.
Strategic Technology Planning – Companies can begin the planning process by auditing their current IT infrastructure and identifying areas that need to be addressed. After the assessment, the next step is to develop an implementation plan that will take advantage of technologies that offer true value in the form of automating processes, increasing security, decreasing costs, etc.
An Eye Toward Integration – Nothing makes technology tools clunky and frustrating to use like systems that do not integrate well with each other. When incorporating new software or hardware, use a holistic approach, adding only components that will create an overall synergistic system. This will address issues such as data duplication, workflow inefficiencies, and poor decision-making due to conflicting information.
Take Advantage of the Cloud – Companies are always looking for ways to decrease costs without compromising on customer satisfaction. One way to do this is by taking advantage of cloud services. Not only are cloud services generally less expensive, but they also provide essential security oversight by the cloud provider, as well as the added bonus of any time, anywhere access to employees, thus fostering increased flexibility and remote collaboration.
Automation – The right software tools can automate the more mundane aspects of running a business — aspects such as payroll, accounting, and invoicing. By automating the more routine tasks, business owners can focus on the more creative aspects of business growth such as creating new products and/or services, and determining how to expand their customer base.
Employing Support – While newer technologies such as 5G, smart devices, cloud services, and the like certainly sound exciting, it can be daunting for the average business owner to stay abreast of the continual changes in high tech. This is why it is so important for companies to find a reliable IT partner who can provide solid advice and know-how that will help their business remain technologically competitive.
Knowing they have a partner who will ensure their systems are up and running 24/7, as well as introducing them to new and helpful hardware and software tools as they become available can give businesses peace of mind in the present as well toward the future.
If you would like to know about aiming higher and driving business growth through employing such a partner, please contact us.