If nothing else is certain, then you can bet that the need to improve circumstances or processes gives birth to innovations of all types. Technology has proven this time and again, as new solutions have emerged to solve previously unsolvable issues and challenges not only in the workplace, but in society as a whole. Let’s examine how economic difficulty has driven innovation, specifically in the technology sector.
We frequently discuss how the solutions we offer can make business processes and procedures more effective, but in doing so, we’ve frequently overlooked how the implementation of these solutions—especially in terms of your digital transformation—have impacted your human resources.
When looking forward, it’s often useful to consider developing technologies to gauge what you might have access to in the future. Admittedly, a lot of these technologies can sound like a long shot at best (and ludicrous at their worst). However, some of these could very well transition into the business environment. Let’s consider a few out-there concepts that we might see gaining traction at some point in the future.
The workplace can be a stressful place, and studies have been done on this increase, as well as what can be done to mitigate the damage. To combat this increase, Microsoft has filed a patent that suggests new ways to resolve workplace stress might be in development in the near future. But is this technology actually necessary for identifying when you are stressed?
With Bitcoin picking up steam, the technology that fuels it, the blockchain, is being explored as an opportunity for many businesses out there. Let’s take a look at what some of the benefits and shortcomings of this technology are, as well as how they are commonly used.
Automation technology has many workers concerned about the future of their jobs. Computers are one of the many technologies that grow exponentially more powerful with every passing year, and these improvements lead to innovations that can save businesses tons of time and capital, but when applied to automation, does this come at the cost of jobs? Let’s see why workers in certain industries might be concerned about automation, as well as whether or not their concerns are warranted.
Cryptocurrencies--especially those that have recently surged into relevance--rely on blockchain technology, but what many people do not know is that blockchain is far more than a way to exchange digital currencies. In fact, cryptocurrency was just the beginning. Let’s take a look at the other practical uses for blockchain technology, including what it is and how it can help businesses.
Artificial intelligence is one of the most intriguing technologies that has come down the pike. For the small and medium-sized business, it may seem more like science fiction than a solution to their business’ operational problems. Today, AI is more accessible for the SMB than ever, and today, we thought we would share with you a situation where the technology—designed to help out in a bakery—is being used to diagnose cancer.
The Consumer Electronics Show is an annual event held in Las Vegas where manufacturers get to introduce their newest innovations and inventions. This year’s event was a virtual event because of the spread of COVID-19. It was the first time the event has gone completely virtual.
For businesses that are looking to make large shifts in their operational strategies by adding new technology, they may be looking at some problems when the technology doesn’t take as advertised. Today, we will take a look at how technology, as useful as it can be, can also be problematic if the deployment isn’t handled properly.
The past year has been tough on many businesses. If they’ve learned anything it is the importance of staying flexible. The COVID-19 pandemic has created the need for organizations to move their operations offsite for fears of spreading the virus. With several different pharmaceutical companies now testing and pushing out vaccines for the virus, it seems that offices and other places of businesses will be opening back up, right?
COVID-19 is still a factor that businesses need to consider, especially in terms of their continued operations. With major adjustments required to stay open, many small and medium-sized businesses will need to accept the situation their business is in and implement changes. Fortunately, research that Salesforce summarized in their fourth Small & Medium Business Trends Report suggests that this is happening.
The COVID-19 pandemic has had a major effect on business. Despite this fact, we’re starting to get to the point where most businesses are at least being allowed to attempt to conduct business in a somewhat normal fashion, but it’s definitely a new world out there. Business owners in all lines of business are looking for that tool that can improve productivity, make their operations more efficient, and spit out the metrics they need to tweak them.
I want you to take a moment and consider something: is your business prepared to survive any kind of data disaster? If you aren’t, you need to ensure that your systems—all your systems—can recover from whatever feasible event might impact them. This is what is known as IT resilience. Let’s dive in a little deeper.
The impact of COVID-19 to businesses has been such that we will not likely return to the way business was run before all of this happened. A major factor to this is how businesses once made use of their technology. The shifts that have occurred in the last few months will not likely go away, even after the pandemic ends.
As workplaces and offices everywhere have struggled to cope with the restrictions brought on by social distancing mandates, the adoption of automated solutions has surged ahead. Of course, this does open a few important questions to consider. For instance, what this could mean for employment post-pandemic, and how automation may be used in the future to mitigate the impacts we’re currently experiencing.
Augmented reality (AR) has been talked about for what seems like ages. The technology, which overlays real time information over a displayed image, is seemingly advancing for retail use, but there have been several factors that have kept it from being as mainstream as it will be in the future. Let’s take a look at AR and how the efforts of some of the biggest tech companies in the world are aiming to push the technology to the limits.
The 2020 Consumer Electronics Show is always a good place to see the most innovative consumer technology. CES features products of all types from companies of all sizes. This year, there was a strong contingent of companies bringing products to market in the physical security space. This isn’t all that uncommon, but the reaction to many of these devices is noteworthy.
AR, or augmented reality, has been touted as the next “big thing” for nearly a decade, while other “big things” have been introduced. Google Glass almost made AR more commonplace, but security and privacy concerns turned it into a non-starter. Today, AR has taken a new life, so let’s review some predictions for the future.
Technology is something that experiences rapid change, and while it’s usually beneficial to businesses, change can often bring with it a set of growing pains. You might be able to get more done and reach more customers, but it might stretch your resources, frustrate employees, and force new processes upon your organization. When this change comes, will you lament the good old days, or will you seize the opportunity to improve your business as a whole? When it comes to technology, the answer might make or break the future of your organization.
As time passes, your business will need to be able to grow and develop its use of technology through thoughtful investments and improvements. To do so, it helps to calculate the returns you can anticipate seeing from these investments. For this week’s tip, we’ll go over how to do so.
Business of all types depend on transportation. Whether it be a distributor for a manufacturer, a taxi service, or a shipping company, being able to properly manage a fleet of vehicles is essential to the sustained profitability of the endeavor. Turning to technology to accomplish this is easier than doing it manually. We take a look at a few technology solutions that can work to help a business that relies on transportation to be the most effective business it can be.
The capabilities of business technology are truly incredible, and they’re only becoming more impressive. This means that the solutions you have in place now will certainly need to be upgraded to other options at some point.
The smartphone has completely changed the way that the workplace functions, providing near-constant access to all the wonders of the Internet. People can communicate in ways previously never thought possible, and the possibilities these days are indeed limitless. There are applications out there that can make life more fulfilling and business more productive.
There are moments when a technology solution presents itself and is simply too valuable to pass up, but they are generally few and far between. One particular solution you can use to great effect is augmented reality, and we believe that with the right implementation and support, you can overcome challenges that the future might hold.
For many industries, technology has been extremely important to the expansion and innovation of their processes and outcomes. This is especially true in the case of the healthcare industry and the advancements made to medical IT. Particularly, this has given patients a far greater scope of control over their medical records - something that healthcare providers must remain aware of to leverage these changes to their advantage.
The healthcare industry is heavily reliant on its IT. Before 2009, there were scant traces of information technology making its way into healthcare organizations in the United States, but in 2009 there was a major shift after the 111th U.S. Congress passed the Health Information Technology for Economic and Clinical Health Act (HITECH Act) as a part of the American Recovery and Reinvestment Act of 2009. Today, IT in the health industries is prevalent, and mostly expected.
Unless your business is a sole proprietorship, chances are you rely on employees in order to keep operations going. Your team needs to work together to make this happen as efficiently as possible, and a common goal helps motivate them toward this end. You can use collaboration technology to help your team do their jobs more effectively. This can have far-reaching benefits for both the performance of your employees and business operations in general.
Machine learning has become a big deal in a variety of industries, healthcare being a prime example. There are a variety of applications for machine learning in this incredibly important field, all of which show great potential in improving patient care. Below, we dive into just a few examples of how machine learning can improve healthcare.
One of the biggest problems with emerging technologies is the fact that it can be very hard to tell if they will actually provide any benefit to a business without taking the risk of implementing it. This leaves many businesses in a catch-22 of sorts: they lose money by not implementing a new solution, or they lose money because the new solution wasn’t a good fit.
Blockchain has been an especially hot topic as of late, especially with the recent meteoric rise in the value of most cryptocurrencies. With all the focus directed to Bitcoin, it is easy to forget that the blockchain has other uses - uses that are geared toward increased cybersecurity, transparency, and privacy.
Small business owners need to find creative ways to build a strong, productive operation. The best way to create the kind of productivity required to successfully grow a business is to ensure that everything works in concert. Today, we will look at a four technologies that can go a long way toward helping any small business grow their organizational productivity.
In 2018 there are certain technologies most businesses have begun to embrace. Cloud computing, high-end network security, collaboration technologies, and some others have begun to be utilized by businesses, large and small, to build a more productive enterprise. Apart from these technologies, there are a few that every business person should know, if only to understand what is possible; and what is on the horizon for their company.
The International Consumer Electronics Show (CES) is designed to showcase new technology and products to the world, with a focus on industry professionals and companies that want to showcase their latest projects. The show, which was held in Las Vegas in January, saw the introduction of many consumer products, but the ones that showed off new virtual and augmented reality capabilities made a considerable impact on attendees.
Like it or not, millennials will make up a large part of your workforce in the near future. In your own business, you may have noticed quite the difference in the way that millennials approach work compared to other members of your staff. One of the biggest differences that you might have noticed is that millennials have no problem job-hopping. According to a recent study, one of the biggest reasons why millennials leave a company is due to outdated technology.
If we asked you to tell us how many hours a day you actually work, what would the figure look like? Chances are that you as a business owner put in a little more than the average worker, but would it total over the requisite eight hours? A recent study shows that while eight hours of work 200 years ago was considered revolutionary, it might be a bit on the long side to expect good work from good employees.
When it comes to procuring technology for your business, you’re often presented with two choices: save money by going with technology that’s been around for a while, or spend a little more to get the latest and greatest on the market. It’s tempting to go with the cheaper option, but, in the long run, it generally pays to go with the latest solutions, thanks to an IT concept known as “future proofing.”
Robotics is a technology that’s influencing many different types of industries. Robots help surgeons with surgery, work in manufacturing environments, and so much more. Now, the application of robotics has given birth to one of the most important technological advances to the modern world: pizza-delivering robots.
It’s been a few years since the mobile industry embraced the fourth generation of wireless communication. Tabbed “4G”, it has been the accepted communications platform for devices since 2010. While it’s important to understand where we are, it’s equally important, especially regarding technology, to see where we’re headed. Due to the immense demand these networks have on 4G, is there a chance that we will see an upgrade of this system soon? Analysts say it’s not likely.
To maximize your business' communicative abilities, you need to produce content. Content is found almost everywhere and it is an essential variable in every form of written communication. Innovators don’t miss out on the importance of content, and have developed content-writing software. Yet, this poses an important question: can a robot truly imitate prose written by a human?
The world was vastly different in 1965. The smooth, compact smartphones and laptops of today were nonexistent, and civilization was on the verge of experiencing a revolution of technological growth and advancement. This is all thanks to Moore’s law, which paved the way toward making technology smaller and more easily accessible for both end users and businesses.
Everyone understands that technology is constantly changing. However, acceptance of this reality doesn’t diminish the fact that change, even if it’s foreseeable, can be difficult to adapt to. It’s for this reason why your business needs to have a long-term technology replacement plan.
