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How Technology Is Transforming The Way Businesses Operate

By Lee Smith


Technological innovations has revolutionised the business world in a significant way. With almost every business using some degree of automation, modern technology is found at all levels, from basic accounting programs to complex CRM and enterprise application systems.

Information and communication technology (ICT).

ICT has opened up many different means of communication and information consumption for enterprises. It has in addition made communication adaptable and a lot faster, thereby leading to better organization and greater control over businesses. Convenient access to information makes it possible for businesses to keep in tune with the latest trends in technology to expand their organisation.

ICT has streamlined connection with associates and clients in different parts of the globe. It has enhanced collaborative work because people can operate at various times depending on their way of life. ICT allows you to arrange, process and keep information effortlessly and quickly.

Digital collaboration and storage.

With the help of technology, teams are no longer constricted to working in the same space or place of work. Presence of technologies especially virtual desktop and cloud computing have wiped out geographic barriers. Data can now be transferred into the cloud and accessed by authorised employees from just about anywhere in the world. Exchanging data has become just so much simpler.

Mobility.

The development of portable devices namely phones, netbooks and laptop computers has been of incredible benefit to the business arena. Optimisation of mobile systems and wireless network is called enterprise mobility management (EMM). It helps improve productivity of organisations.

As an example, virtual desktops may be shared together with staff members over mobile devices, resulting in stronger collaboration in the business. These technologies enhance the quality of productivity and customer care.

Security.

Advanced multi-level security methods, anti-virus and anti-malware systems, password protection, voice recognition, eye scan, biometrics and several other modern technologies ensure security of your data.

In addition, technology has also brought to light hi-tech security systems and anti-alarm computer systems to help prevent security breach in the physical hard drive areas.

Marketing.

Technology has produced a platform of evenly matched opportunity in marketing for businesses of all sizes. Natural Internet marketing is extremely cost effective. Practices like Search Engine Optimization, social bookmarking, social media marketing, content distributions, blogging and all such practices provide a ton of scope to tap potential market.

Cost cutting.

Technology requires starting investment. However when done, it saves costs overall. For example, emergence of Business Process Outsourcing and Knowledge Process Outsourcing makes it possible for enterprises to outsource the job rather setting up the facilities in their office premises. Virtual desktops are even a good example of outsourcing.

Technology has reduced dependency on labor force up to a great extent. So, business organisations can reduce their spending on workforce as well as the related costs.

Along with the application of technology at various levels, expenditure on communication, postage, business security and many avenues of businesses has lessened significantly.




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