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How Technology Shapes The Way We Do Business

In this digital age, it’s not surprising technology has played a huge part in how a business operates. Practically everything can be done online these days. It hasn’t just helped businesses reach a wider audience, it’s also helped to improve productivity and efficiency in the workplace. Printing, for example, has become a lot easier with companies being able to choose from digital print v offset. Below you’ll discover more about the technologies that are helping to keep businesses ahead of the competition.

How technology shapes the way we do business

According to a post on Linkedin, many executives aren’t embracing the technological age. Cloud computing in particular is something that many CEO’s are unsure of. However, with more and more people using these services, it’s unwise to ignore it. You may prefer working the old fashioned way but unfortunately if your company isn’t making the most of the latest technologies, it could be setting you back. Times have changed and if you want to stay ahead of the game, you need to make sure you’ve changed with them.

Cloud computing is an excellent example of how we conduct business these days. You can upload and download documents and files no matter where you are. This has made it possible to conduct business even while you’re travelling. If you have a lot of meetings to attend, it can be difficult keeping in touch with the office while you’re not there. Smartphones and cloud computing have made it easier than ever before to stay connected to your business.

Top technologies to watch out for in 2014

While there have been a lot of advancements in technology over the past decade, it shows no sign of slowing down. There are a few new technologies being introduced this year that you will want to watch out for. They include:

  • Advancements in mobile technology
  • Cloud improvements
  • Smart machines

Mobile technology has become imperative in the business world. If you haven’t yet created a mobile version of your website for example, you’re lagging behind! In 2014, mobile technology is set to focus more upon creating new information, rather than simply downloading existing data. In the business world, this means you can expect to authorise accounts, as well as gather new information about clients and potential customers on the move.

Cloud is potentially the biggest thing that will undergo changes this year. There’s lots of exciting developments happening. In the past the cloud has had trouble being used in the financial sector…not anymore! Put simply, it’s going to increase the agility of your business.

Finally, smart machines are starting to be developed that can perform tasks only people could do up until now. It’s estimated that by 2020, smart machines will be taking over the business world.

These are just some of the technologies to look out for. At the moment, technology is helping businesses to keep in touch, simplify tasks and advertise to a much wider audience. No business can survive in this economic climate without making use of technology. ITBusinessEdge has put together a few tips to help businesses make the most of this digital age.

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