Technology is moving so fast and it’s hard enough to keep up to date for your personal life, but even more so for your business. The things we’ve seen in science-fiction years ago are now becoming a daily reality.
In more exciting news, these developments in technology are becoming more accessible to small and medium sized businesses.
To help you become up to date with the latest advances, we’ve put together a list of 5 technology trends in business that have been big this year. Plus, we’ll let you know how to apply them to your business.
If you aren’t already aware if these trends, we’re sure you’ll be hearing a lot more about them in the near future.
- Voice Recognition
- Artificial Intelligence (AI)
- More Responsible with Data
- Extending Reality Through VR and AR
- The Cloud Continues to Enhance Productivity
The cloud refers to applications and software that is offered over the internet. This includes Google Drive and Dropbox. Also, accounting programs such as QuickBooks also use the cloud.As cloud services continue to increase their storage capacity over the years, it’s a trend to watch. It’s likely that many applications will move to the cloud in the future.A study done in 2017 from Scalar Decisions Inc., one of Canada’s leading IT solutions provider, says that 73% of Canadian organizations have moved to the cloud. So, if you aren’t using cloud-based services yet, maybe it’s time to look at whether your company could streamline your operations.One benefit of using the cloud is that responsibility for updating the software doesn’t fall on you – you’ll always be using the most current version. A lot of the time, cloud software allows you to integrate files into one place. Everything from financial records to presentations to images can be stored. Also, you can access the files from anywhere.
Hopefully, you found this post to be useful and have thought of the possibility of integrating some of these trends into your business in the future. Have you seen any other technological trend that you think are useful? Or do you have any questions or comments? Feel free to respond below.
Bromley, S. (2018). 5 top technological trends for businesses in 2018. Retrieved from https://www.simplybusiness.co.uk/knowledge/articles/2018/05/top-technological-trends-in-business/