5 Technology Trends Every Small Business Should Focus on
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Transcript of 5 Technology Trends Every Small Business Should Focus on
W W W . K R E D X . C O M
Technology TrendsFor Small Businesses05
You must always be able to predict what's next and then have the flexibility to evolve.
M A R C B E N I O F F
It’s important to move with the times and evolve; as an
individual, an entity or any kind of organisation. As technology
continues to evolve rapidly, businesses need to embrace
emerging, cutting-edge technologies before it is too late else you
will run the risk of becoming an industry laggard.
M O B I L E A P P S
In today’s day and age, it is imperative
that a business have an online
presence through a website, social
media pages and mobile apps since all
these have been proven to work. By
having a mobile app for your business,
you can take customer experience to a
whole new level.
A I & M A C H I N E L E A R N I N G
Technologies that make computer
programmes become “smart” is all the
rage by being able to learn, change and
predict patterns continuously as they
receive new data. Think Siri, Cortana,
Watson, Slack, et. al. Since these
require a lot of data to operate on,
small businesses with large user bases
can make use of AI to stay ahead of the
game.
I N T E R N E T O F T H I N G S ( I O T )
IoT is set to change how businesses
and entire countries will interact with
the physical world by automating data
collection, analysis and
measurements. Small businesses can
easily deploy it and use it for cost
saving, security improvement,
developing new services and even new
business models.
O N L I N E P A Y M E N T S A N D F I N A N C I N G O P T I O N S
Online payments and financing is set
to grow big as entire countries and
economies go digital. As more and
more people lean towards
convenience as a way of life, it is
natural that merchants and businesses
that do not have online financing
facility will end up on the losing side.
C L O U D C O M P U T I N G
Cloud deployment can ease the
workload of a company manyfold. Not
only can it be used for deployments,
but it can also be used for keeping a
track of documents and important
information that is accessible from
any part of the world. There are also
several collaboration tools like
Facebook for Work, Microsoft Teams
that have become popular and will
increasingly be so in the coming years.
Y O U C A N E X P L O R E M O R E A B O U T K R E D X H E R E
KredX is an online invoice discounting platform that helps businesses meet their
working capital requirements in 24-48 hours without any collaterals through our
network of investors who in turn get high returns at low risk in a short period of
time.
A L S O R E A D : H O W C A N I N V O I C E D I S C O U N T I N G H E L P Y O U R B U S I N E S S ?