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How Technology Bolsters Your Business - Carol Evenson - Blog

How Technology Bolsters Your Business

The role of technology in business is an important one. As technology becomes more advanced and more accessible, it also becomes more ubiquitous among businesses, at least insofar as it can benefit companies. Today’s commercial landscape is one that reaps major rewards by implementing the best that technology has to offer. However, this is an inherent downside to the tech-centric business world of the modern era. As technology becomes more complex and ubiquitous, business owners have no choice but to integrate technology, often with little to no understanding of how it works. Here’s what you need to know.

The Right Tool for the Job

While certain technology has nearly universal applicability, there are other cases in which certain tech is more or less important for certain industries. For example, every company under the sun needs computers in the modern era, but construction companies in particular will find themselves in need of a rugged laptop capable of operating at maximum efficiency in a chaotic environment that could otherwise debilitate and destroy the machine in question with dust and debris. Likewise, telecommunications apps like Skype and Zoom can be universally beneficial, but they are even more important in businesses that have a highly mobile or remote workforce, the latter of which is becoming much more prevalent in recent years.

The Importance of Big Data

Technology can aid businesses in a variety of ways, but an inordinate amount of the application of tech in modern businesses serves the purpose of optimizing their data infrastructure. The growing importance of data and the big data industry necessitates certain technological solutions, because more abundant and available data makes human data management and analysis virtually impossible. The twin problems of organization and processing have twin solutions in the form of IoT data management and cloud computing.

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The Internet of Things

The Internet of Things is a design trend that has a deceptively simple premise. Simply put, IoT devices and programs provide additional functionality by implementing wi-fi connectivity and artificial intelligence. This kind of tech has a wide variety of use cases, but one of the most effective in a business setting is that of automation. Using a comprehensive smart office setup, you can automate much of the data collection and organization of your company. In fact, a smart office can cut down on the labor and budget that are typically associated with administrative tasks such as payroll and accounting, saving your business money while providing the best possible data integrity. That’s far from the only application of IoT in modern businesses, however. Smart offices can also be used to control a variety of utilities remotely, such as lights and water, and it also has applications in security systems, as well.

The Value of Cloud Computing

Cloud technology provides benefits in two distinct ways that ultimately create one of the most potent tools in the arsenal of modern businesses. First and foremost, cloud storage is ubiquitous for a variety of consumer services and is a cost effective option for businesses in need of more expansive, more secure file storage. Cloud computing, however, not only includes cloud storage, but also offers plenty of its own unique advantages. Vis a vis big data, the primary advantage of cloud computing is how it improves upon traditional networking. In addition to allowing the sharing of files, cloud computing also enables the sharing of computational assets between connected devices. This effectively allows an entire network’s worth of processing power to be leveraged toward solving a singular problem, something that has tremendous value when it comes to processing data. Whereas a single machine could accomplish the same task, cloud computing can drastically reduce the time it takes to crunch the numbers without sacrificing the RAM of any one machine in the network. This allows businesses to get the results of data processing much more quickly while ensuring that the day-to-day operations of your business aren’t interrupted

Publish Date: May 21, 2021 3:47 PM

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