Years ago, businesses could get by as long as they had a sales log and a few employees. However, this is not the case in the 21st century business landscape. As technology has grown ever more prevalent in everyday life, so too has it became important to the business world. Smart workplaces and new software allow modern companies to reach new levels of success. Take a look below at some of the technologies your company should consider investing in:
"80 perfect of companies in the United States have been successfully hacked."
1. Cybersecurity systems
A survey conducted by Duke's Fuqua School of Business recently reported that more than 80 percent of companies in the United States have been successfully hacked. Cybersecurity is more than just a precaution for businesses. It is absolutely necessary, especially if your business stores client information and data. The average cyber breach costs businesses between $154 and $158 per stolen record, as reported by IBM security. Those are figures that add up quickly.
2. IoT devices
The internet of things is quickly rising in popularity and relevance. These interconnected devices are also becoming increasingly important in the workplace. For example, owners should consider devices such as programmable thermostats, security cameras and conference room features that can be controlled remotely via a smartphone or tablet. Imagine the convenience of setting up your meeting room from your phone on your commute so that it is ready for you when you arrive at the office.
3. Mobile payments
Companies in the retail and restaurant spaces should pay extra careful attention to this point. With the rise of NFC technologies in Apple, Android and other smartphones, businesses need to ensure that they are prepared to accept payments from these devices. Point of sale systems need to be compatible with Apple Pay, Android Pay and Google Wallet. Businesses that do not make the switch to mobile could risk losing sales.
4. Augmented reality
Another technology that is sweeping the business world is augmented reality. This technology allows companies to show their products, designs and ideas in the real world. It also allows employees to train with conceptual ideas in a real setting. It is a great way to demonstrate value and gain support without having to spend money on creating expensive prototypes.
5. Business process management platforms
BPM solutions are an invaluable business tool for nearly any industry. Any good BPM software will allow leaders to maintain scheduling, workflow and project management in a cloud-based setting. Leaders can also communicate with employees and clients directly in the system, creating threads pertaining to specific tasks. Click the image below this article to see how business process management solutions have helped other companies.
It is unlikely that technology will ever lose any importance in the workplace. Therefore, savvy business leaders will need to stay on top of emerging trends and devices to remain competitive. The list above is a great place to start to bring your company into the technological era of business.