technology trends

Technology Trends that Revolutionize the Business World

Complex business practices can be simplified with smart technology integration. And this is the reason today both small and large business corporations are  keeping  abreast to the latest technology trends. Perhaps, it’s the only reason, or the contributions of the technology that helped small businesses from various industries to grow and reach out to a vast pool of audience base in a very cost effective way.

Impact of Mobile Technology Trends

For example, mobile technology has revolutionized the business world. A relatively new survey and research conducted by AT&T and the Small Business & Entrepreneurship Council showed that use of mobile apps help business owners save 600 million hours per year. Mobile phones, Smartphone and Tablets help owners save around $67.5 billion annually. Startups now have more opportunities to thrive. It gives a huge reason why each and every business should try to be digital friendly these days.

Mary Meeker, an analyst from the Kleiner Perkins Caufield Byers predicted it long back. It was 2008 when she said that mobile will overtake the free internet access by the year 2014.

Here is another fact. According to Smart Insights, a research company, almost 3 billion people which accounts for 40 percent of the total population in the world, are using internet today. This clearly signifies that mobile technology is one of the latest and most important technology trends these days. So businesses that still do not prioritize internet and mobile communications are losing most of the lucrative opportunities and growth potentials.

Contributions of Internet Technology Trends

technology trends
Technology trends are shaping the business world

Easy access to internet has led to innovative ideas. IT companies or individual professionals are developing excellent smartphone and desktop apps to help business owners establish faster and better communication, team collaboration, work organization and prompt delivery.

Here are some significant examples:

PayAnywhere

Is an app for Smartphone and tablets. It’s very useful especially for the small businesses. It’s a very convenient mobile payment technology that accepts Visa, American Express, MasterCard and PayPal. In a Business News Daily article, Nicole Fallon explained how the mobile payment technology works extremely well for specific type of business owners. Her insights reveal the growing importance of technology in modern business.

Asana

There is another project management App called Asana. This is an excellent platform for a small team to effectively communicate, exchange emails, delegate tasks and check updates. This works very well for the small business owners.

According to a research by IDC, Smart devices will outnumber the personal computers by 2015. Large screen Smartphone now can perform almost all tasks of a desktop. Therefore, development of technology trends is gratifying. Cloud storage has simplified many of the hassles. File sharing, storage and archival to remote internet servers is super easy. Files can be accessed from anywhere with a high speed internet connection. And we all know the contribution of the internet technology which is social media networking. Social media platforms like Facebook, Twitter and LinkedIn have created new marketing trends.

So, latest internet and mobile technology trends serve the need of the industries and various sizes of businesses quite effectively. The only thing we would like to see is how it impacts the overall society and the lifestyle of individuals.

Nii Ashalley is the inspirational voice at CEIimages. His uplifting quotes, dubbed "Ashalleyistics", have encouraged many entrepreneurs, start-ups and leaders to achieve their maximum potential. He is a seasoned counselor, a life and business coach and an author of many call to action articles. View all posts by

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