As successful companies wave good-bye to 2020 and focus on where to invest in 2021, more attention will be directed to adoption of new and evolving technology. To thrive in today’s rapidly changing work environment, small and mid-size businesses should explore replacing outdated technology with more robust digital tools to help maintain productivity, keep up with competition and stay relevant to existing customers while attracting new ones.
By arming themselves with the newest digital transformation tools for SMBs, organizations can benefit in other important ways, such as streamlining business operations, reducing costs, and improving employee productivity. While every business is at a different stage in its digital evolution, here are five technologies that companies—especially SMBs—should embrace to ensure continued success:Almost every business uses some cloud-based services, whether they’re email, storage, or productivity tools like, Google Workspace, or other collaboration platforms. However, businesses need to push more of their internal business operations to the cloud in order to become fully digital organizations.
that can lead to competitive advantages. Cloud computing allows access to corporate data via smartphones and other mobile devices, ensuring your teams are always securely connected and in the loop. Tech giants like Facebook, Google, and Microsoft invest vast sums of money in AI each year. But other businesses canwith minimal spending.
But fleet management is only one example. IoT technology is unlocking game-changing opportunities in almost every business industry. By offering companies options to collect more data to make informed decisions, it can provide powerful insights to create efficiencies and give your business a competitive advantage it didn’t have before.A focus on data analytics can boost the bottom line.
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