A cryptocurrency investor, web developer and traveler.
A successful business owner always keeps an eye on what’s happening in tech. Many small business owners might not want to take the risk of being at the forefront of emerging tech — but some of the trends you’re hearing hyped may indeed play a valuable role in efficiency and growth for you small or medium-scale enterprise.
Whether it’s a blockchain-based payment system, or new infrastructures like 5G — it’s always important that your business remains competitive by implementing relevant emerging technologies.
Let’s take a look at some tech trends with the potential to impact your bottom-line, if you’re a small businesses owner:
For communication, tech solutions are becoming necessary. Businesses use emails to send documents, Slack to communicate between teams, basecamp to design plans, CRM to manage salesforce and other tools. Many small businesses are using different software solutions at the same time.
Chances are your current business is composed of tens if not hundreds of business software and middleware. If it’s so, you might like the statement from Roy Mann, CEO and co-founder, Monday.com:
“Connecting software to run with other software is hard. There is going to be a breakthrough with integration platforms that will allow any software to connect well with any other software.”
That means you can use an all-in-one business software solutions and data only requires to insert once to be used everywhere.
Cybersecurity is a manpower compelled market and this is the reason opportunities for AI automation are vast.
AI has been helping businesses to fight spam and detecting malware. It has already shown immeasurable potential in cyber security across different industries. Likewise, using AI for cyber security solutions will help protect businesses from being a cyber crime victim. Recent developments in AI are bringing a paradigm shift in technology. The technology is growing faster than ever. It’s just a matter of time before the use of AI in cyber security becomes mainstream too. Moreover, the introduction of Artificial Intelligence in other technologies like Blockchain will ensure better security and effectiveness.
This tech actually provides flexibility and is often termed and tested as more secure.
Voice search is transformative. It is changing the way businesses used to work. Local businesses are well aware of this disruptive transformation and they are shifting to voice search. And it’s true that this change will unbox the world of endless possibilities.
There are a lot of reasons why voice search optimization is important. More and more people are making use of their smartphones to voice search. And in voice search, queries are different than typed searches. They are usually conversational and longer.
Is your small business adapting fast enough?
These five tech trends have got the power to establish a competitive edge for a variety of small to medium enterprises. Looking for real-world applications of these emerging technologies to solve your business challenges will allow you to maximize productivity, offer a higher quality services, and nurture stronger relationships with clients.