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Technology Assets May Hold the Key to Small Business Success

Businesses that fail to seek out the tools and resources they need in order to enhance the efficiency of their operation or to better capitalize on any opportunities that may be just over the horizon could be making a very serious mistake. From software and equipment automation that may reduce staffing costs while boosting productivity to big data analytics that may shed much-needed light on almost any aspect of day to day operations, the latest technology can be a crucial asset for small businesses that are struggling to succeed. The following examples highlight some of the most versatile and essential technologies and the ways in which they may be of benefit to small businesses.

 

Workplace Automation

Automation provides business owners with the ability to do more with less. With a wide range of tools and new resources being made available day by day, creating a more efficient automated workplace environment has never been easier. The right equipment and digital applications can allow businesses to maintain a smaller and more cost-effective staff while also minimizing the additional costs and issues that may be created by errors, oversight and other quality control issues.

 

Business Process Management (BPM)

Today’s businesses typically rely on multiple software platforms and applications that may each play an essential role within an existing workflow processes. While multiple platforms provide users with greater access to features and enhanced flexibility, the additional time and effort required to utilize numerous digital resources can become a real issue. BPM systems and solutions function by combining multiple applications or platforms in order to create a more streamlined digital workspace, environment or process. Technology that allows for simplified workflow can boost efficiency, enhance productivity and ensure that user training and education becomes a far less demanding concern.

Mobile Applications

With greater numbers of consumers choosing to make use of their smartphone or tablet when conducting business, organizations that lack the right mobile technology could find themselves faced with no end of problems. There are plenty of reasons why a mobile app may be essential for small businesses that range from customer convenience to enhanced success from digital marketing and promotional strategies. Mobile site optimization services, application development solutions and other resources that will allow businesses to better meet the needs of their customers and clients may prove to be a tremendously valuable asset, one that even smaller businesses and new startups can no longer afford to make due without.

 

Big Data Analytics

Data analysis techniques can be used to assess records and information that have been gathered from multiple sources and streams very quickly and accurately. With the right big data query tools, smaller businesses may be able to more easily outline market trends or identify the most pressing and common needs found among their customer base. Faster, more accurate and more in-depth analysis methods may also be used in order to gauge the impact and effectiveness of any changes that may be made to existing operations. From improving training efforts to ensuring any steps taken to optimize internal efficiency are able to be as effective as possible, big data analytics may prove to be an essential resource.

 

Keeping Pace With Changing Technology

The rapid pace of innovation often makes it very difficult to stay informed and up to date regarding the technological resources that may have the most to offer. Making an effort to stay better informed and keeping tabs on any future trends or emerging tools that seem promising can help to ensure that small business owners are less likely to fall behind the times. While there is a seemingly endless variety of current technological resources that may be of benefit to almost any aspect of daily operations, emerging technologies like the Internet of Things or self-driving vehicles may provide an even greater range of opportunities and benefits for businesses who choose to stay informed.

 

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Written by Dave Graveline

Dave Graveline is the founder, Host & Executive Producer of "Into Tomorrow" in addition to being President of the Advanced Media Network".

Dave is also a trusted and familiar voice on many national commercials & narrations in addition to being an authority in consumer tech since 1994. He is also a former Police Officer and an FBI Certified Instructor.

Dave thrives on audience participation!

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