When was the last time you thought about the technical infrastructure of your business? A recent possibility thanks to targeted advertising. Essentially, each new cloud-based solution is a form of technical enhancement that can help redistribute your resources and streamline your workflow processes. But there are numerous systems that can be optimized.
In this article, we’ll have a look at ten new technology trends that are impacting business growth today and in the near future. Some of these you may have heard of – particularly communication tools and network solutions – others you may not have been familiar with until now. Take a pick-and-mix approach to serving your business or infrastructure overhaul with a complete network makeover.
Embedded Business Intelligence
To make the best decisions for businesses and customers, managers, CEOs, and leaders need accurate, up-front information. Today, this is feasible thanks to big data and analytics technologies. Embedded business technology is a combination of these strengths; Big data provides content, and analytics quickly sorts it into actionable categories for an application.
Embedded Business Technology enables companies to update dashboards with real-time information that informs employees and streamline workflow. This technology equips businesses with more accurate decision-making capabilities, even for today’s situations. If you want to speed up business decisions without making a judgment mistake, choose EBI.
Communication technology
Whether you work with customers or clients, likelihood is they form the core of your business strategy. This has all the time been the case, but in last few years digital communication technologies became more important. That’s because digital communication is now a fundamental strategy. As communication platforms change, communication methods also adapt.
Today, every business has an online presence and multiple social media platforms. Through these channels, businesses can find out about customer pain points, get product reviews, and handle complaints. Communication technologies also include instant messaging and chatbots, so it is a good idea to analyze your communication settings and apply the latest trends.
Video Message Technology
Personalization is a high-value customer retention and marketing strategy that has been used in commerce for many years because it helps create strong relationships between customers and brands. Digital marketers are now using video more and more because it strengthens relationships quickly and does not require as many resources to create, as e-mail and other written content does.
Apps like Loom and Lemlist are stealing the spotlight by offering a fast and cost-effective way to send video footage to customers and employees. Forget writing emails; now, you can use Loom and get your message across in no time. Not only that, you have the opportunity to forge strong personal relationships with your target market that they remember.
VOIP Telephone Service
If your business still uses the phone network to make calls, it is time to switch to VOIP services. VOIP service is preferred by most of the managed service providers and network operators because it’s cheaper, faster and more reliable. They are also accessible and scalable, so it makes sense to adopt a VOIP service no matter what stage or size of business you run.
If you want fast, affordable phone calls for your business, turn to a VOIP phone service Today. VOIP technology has been around for a while, but is fast becoming standard practice for most companies thanks to its affordability and reliability; zero downtime too because it’s more reliable internet provider. Switch to VOIP for future communications.
Out of range
The remote work environment is here to stay; it was because the world had all the time headed this way. The remote work environment is more economical and more profitable, but to sustain growth requires new technologies such as outreach to sales businesses.
Outreach is an AI automated sales process for companies looking to redeploy a talented workforce and replace field sales with a series of automated touch points. Outreach can structure emails, calls, and social engagements in ways that save time and measure results.
Intelligence of Intention
Perhaps you have heard of search intent; it is a metric used by search engines to gauge internet user intent and match their queries with the best content. If you want to optimize your website content, it is a good idea to consider searcher intent before creating content.
The same is true with the modern sales approach in forms clever intention. The more your sales team understands your target customers and why they intend to use the product, the more accurate and successful your promotions will be; benefit from the emerging tool.
Attribution Technology
Analytics has come a long way in a brief time. Today, business website owners cannot do without software tools like Hotjar, which analyze website user behavior and help business owners make smarter decisions about where to focus their attention on the site.
Attribution technologies work in much the same way, but rather than focusing on websites, they monitor how customers interact with diverse touchpoints across multiple channels. Again, this helps business owners to make more quality decisions.
Cloud Management Service
Cloud management systems come in many forms and have been around for quite some time, but in last few years cloud management has evolved and become the established norm for most businesses. Cloud management is cheaper, faster, more reliable and more convenient overall.
Businesses cannot only use cloud software solutions for project management, data storage and technical solutions, but can even upload their entire network to a secure cloud management solution such as a managed service provider. This growth trend will continue in the future.
Blockchains
With the fast growth of digital infrastructure for businesses, there’s a correlation of increasing cybersecurity threats. Naturally, there’s a common response to the development of new security software solutions; still, more businesses are turning to blockchain.
Blockchain is a secure network technology built for the secure exchange of digital currencies. They are impenetrable and can be used as a secure ledger for businesses all over the world to build trust, eliminate friction, and improve network security in the face of increasing threats from cybercriminals.
Artificial intelligence
Today, most of us are familiar with artificial intelligence; it works in the background of many of the technologies we use every day, from internet search engines to smart home devices. AI enables applications and devices to learn repetitive tasks and create shortcuts to increase efficiency and eliminate the need for costlier and slower human-centric processes.
This is a key benefit for most businesses, irrespective of size. Businesses can use AI software and tools to automate repetitive tasks and rehire their skilled workforce in other areas. Naturally, this allows businesses to grow faster without the need for extra employees or infrastructure. Set easy tasks in set and forget and focus resources elsewhere.
Final Thoughts
We all know that technology changes rapidly; according to Moore’s Law, the speed and complexity of a system doubles on average every two years; this is quite consistent with observable changes to infrastructure and technology for business. What this tells us is that technology changes rapidly, and keeping up with it’s critical to commercial success.
If you are interested in keeping up with contemporary trends and increasing your bottom line, try to embrace new technologies as they become available. Too many businesses are content with their normal operations and forget to upgrade their infrastructure by embracing technological change. If you prioritize your technology infrastructure, you stay relevant and profitable.