The business world stayed about the same for about a century or so after the Industrial Revolution, but it’s obvious that it’s never going to happen again with how fast technology evolves. The exponential rate at which technology is increasing, transforming, and adapting is so fast that we can’t help but be swept away in a tidal wave of continued progress—whether we’re ready for it or not.
Technology has changed virtually all aspect of how a business operates and never before in history has that transformation happened so fast. In this article, we’ll list some of the ways how technology has profoundly changed business.
Cloud computing. Cloud computing lets any start-up businesses and established alike to move some of their operation and assets to third-party servers that can be easily accessible via Internet connectivity. More than allowance for variable data packages, it also provides rapid (on-demand) growth and flexibility without the horror of downtime, crashes, or lost data. This has permitted small business access to resources that are sometimes in the past cost prohibitive for them and evened the playing field when it comes to challenging corporations with far more capital.
Mobility as the next big thing. Mobile solution is so hyped up right now that most online entities (including Google) have revamped their websites to prioritize to make mobile web browsing easier for their customers. All aspect of your business can be controlled from distant sites if your smart device or tablet is filled with the right software. Everything from sales enablement, content marketing and customer interaction through back-end processes like shipping and invoicing can be done at the click of a button.
Customer segmentation. With the continuous flow of data, it’s quicker now than ever before to predict the customers you’re looking for. With accurate analytics services expanding you’ll be able to manage your prospects into more segmented groups in order to target them precisely and get more result for your marketing capital. Even a Google account can let you know where your visitors are coming from, the type of browser they’re using, how they stumbled upon your website, what they are doing while on it, how long they stayed, and even at which point they chose to leave. Some in-depth services can let you to whittle data down to incrementally polish your processes, offerings, and tactic to radically grow conversions.
Website and online presence. Leading the technology arena are websites – not just run by the mill websites, but effective, modern and secured websites that serve as a businesses’ digital storefront. If you’re on the lookout for a domain name, you’ll find it quicker to assess if an online name is available by using whois database.
If you own a website, take note that your information may be available to other people via whois as well since it’s a public directory. Providers like Crazy Domains can keep your personal data private and secure, they offer protection through their official partner, Private Registry Authority® who will shield your personal information from the public and the global WhoIs database. We recommend Privacy Protection for all businesses.
It’s true. Technology is a wave, so you can either ride or get wiped out. More and more small and start-up businesses that fail to adapt may soon find themselves left behind while the others who are willing to side with technology will reap the rewards. So, which side are you on?