Just a few decades ago business was done without Internet, email, telecommuting, video conferencing, mobile marketing, or smartphones. Now huge amounts of data move through the Internet and email, communications are instantaneous, and powerful tools are in the hands of small business owners and their employees. Innovations and advancements in technology have improved small business operations and helped to turn small local businesses into global players.
The explosion of the mobile technology and Internet brings seemingly endless potential of how they can be used to support your small business. This is keep changing every day and undermining the traditional structures of working that have prevailed for centuries. These changes have had a big impact on the ways the business world operates. This technological revolution is removing barriers in the way of free communication between people.
Embracing The New Wave of Business IT
Grace to the major technology advancements, we can now read, advertise, shop and bank with our mobile device. The convergence of mass mobile devices with the readily available internet services is challenging traditional business models and has delivered unimaginable benefits to both brands and consumers. From the way in which companies invest in small business software solutions to how they embrace IT support and consulting, the advancements today have had profound changes in how small business operate and thrive.
Due to the technology advancements and instant connectivity everywhere, the society is going through a radical makeover. This is increasing the velocity of business and changing our infrastructure needs. The demand for access to applications and business information through mobile technologies such as the iPad and iPhone, using Blackberry or devices running Windows 7 Mobile and Google Android is surging. Mobile technology allows employees to use company resources from anywhere. If security and protection of unique data is important, it’s critical to invest in network security and backup for small business operations
Leveling the Playing Field Among Big Corporate Players
Mobile devices can help employees stay productive whether the staff is our on sales calls, travelling to meetings, working from home or from a client’s site, or from anywhere on the globe. New technologies lead to new ways of working and mobile IT devices will change the way of doing business. Your team can become more creative and efficient.
For the very first time the new technology advancements allow small businesses to level the playing field with larger corporations. Proactive small-business owners need to keep up with all these changes in technology. Advances in technology can make running your small business less expensive and easier. A small business can take advantage of technological advances in many ways:
- Reducing business costs – Technology can reduce business costs by automating back office functions such as accounting, record keeping, and payroll.
- Improve communication – Business technology can improve the communication processes through texting, emails, digital apps, and websites.
- Potential increase in business – Small businesses are able to reach new economic markets by taking advantage of the technology advancements. Rather than just selling their services and consumer on the local market, small businesses can now reach national and global markets.
Another trend within the digital economy is using collaboration and sharing. High speed broadband allows video conferencing. Cloud computing allows collaboration and sharing via the Web. Harvesting expertise from people not employed by your business through LinkedIn and other social media networks is another notable trend.
New Opportunities to Grow with Technology
Besides the Internet, cloud computing, and mobile devices, other new advancements in technology can help support your small business as well. Facial recognition, augmented reality and virtual reality can help support the marketing efforts of a small business. New technologies also offer new opportunities to create and sell new products and services.
For example, investing in a 3D printer allows a small business to enter the market of 3D printing services. The miniaturization of the genetic analyzer tools allows a small business to invest in such a cutting edge technology and to offer genetic analysis services for people interested in their family tree and heritage.