New and exciting business technology trends continue to emerge every day, providing new opportunities for small and medium-sized organizations to grow their business. These new technologies can transform the way you run your business, which is why it's important to not only keep up with the latest tech trends but to embrace them as well to ensure your company stays ahead of the competition.
If your goal is to take your business to the next level, here are key business technology trends to keep an eye on.
Managed IT services
Managed IT services is a good way to get quality IT support at a fraction of the cost of hiring and maintaining an in-house IT staff. Inexperienced IT team members will require additional training, which just adds to the expense. With managed IT services, you can be sure you're working with highly trained experts with years of experience handling IT for big and small businesses.
There will also be days when your in-house IT team members will go on breaks or long vacations, leaving no one to look after your organization's network infrastructure. A managed IT services provider (MSP) can monitor your organization's network infrastructure 24/7/365 to ensure the security and stability of your network, giving you peace of mind even in the absence of your in-house IT specialists.
Cloud technology
If your business is not yet taking advantage of the cloud, now is a good time to start. Thanks to the innovations in cloud technology, many small and medium-sized businesses (SMBs) can now access software solutions, platforms, and infrastructures they normally couldn't afford on their own. Having access to cloud computing technology can give your business significant advantages that will allow you to compete against larger companies.
Artificial intelligence (AI)
To cut the cost of manpower, many SMBs are beginning to harness the power of AI. With its help, you can automate redundant tasks such as updating records and confirming schedules. This will help streamline your operations and allow team members to focus on growing your business.
Some AI software solutions are designed to analyze vast amounts of data in a short amount of time to provide you with accurate insights about your company's performance, competition, customers, target market, and assets. Using AI technology will help you save on time and money, reduce human error, make better business decisions, and increase sales, revenue, and return on investment (ROI).
Cybersecurity
As technology continues to advance, cybercriminals are finding new ways of attacking and stealing corporate data. With the number of cyberattacks on SMBs steadily soaring, the need for better network security also increases. Phishing attacks are still considered the biggest threat to SMBs, accounting for 32% of confirmed data breaches in 2019 alone.
Understanding the threats and managing them effectively with the help of the latest cybersecurity solutions will ensure the safety of your business from devastating cyberattacks.
Blockchain
Blockchain is a highly secure, decentralized ledger developed to record data coming from a peer-to-peer network. Large companies using this new technology for their transactions are already seeing significant reductions in operational costs. It only makes sense that SMBs start using blockchain as well. Blockchain technology is still new, but the positive impact it can have on how you run your business is something you cannot overlook.
Here at Arnet Technologies, our goal is to provide you with the latest technology solutions at fair and affordable prices to help push your business in the right direction. Contact us today to learn more.
