3 Technologies that are Transforming the Way we Do Business

Technology is continually changing. Here are 3 of the latest technologies that are quickly gaining momentum in the business environment.

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Ramzi Chamat / 8 Ways Media
2016-04-12 08:02:00


Technology is continually changing; this much is true. From the advent of the first PC in 1975 right through to the creation of the internet in the late 1980s, it is obvious that between then and now, things have changed monumentally.

Advances in technology have changed the face of business forevermore. Businesses have had to drop certain habits and leverage trends to improve the way they operate and enhance their chances of success.

However, it can be argued that changes are taking place on such a rapid scale that by the time businesses get their heads around the latest trends, brand new ones have already surfaced. As such, businesses need to remain attentive to these changes and respond accordingly, in order to ensure they can benefit from them.

Listed below are 3 of the latest technologies that are quickly gaining momentum. These technologies, when used correctly, will definitely have the power to change your business for the better:

Wearable Technology

Devices such as wristbands, smartwatches, smart clothes and smart glasses are much talked about in the technology world. Many businesses take advantage of wearables to monitor the activity of their clients and employees in order to improve productivity and efficiency.

The wearable technology market is growing daily, and by 2018 experts predict it will be worth a staggering $19 billion.

Wearable technology has the power to create a positive corporate culture. This in turn leads employees to speak with passion about the business they work for, which naturally leads them to treat customers extremely well.

Drones

Not so long ago, drones were fictional pieces of technology featured in blockbuster movies. Today, they are a ubiquitous part of our lives and they have embedded their way into the workplace, having a strong influence on business decisions.

At present, drones are used in countless industries including security, media, surveying, farming, construction and much more. In future, it is anticipated that drones will be able to deliver goods for online retail businesses in a way that will be considered a natural, normal and expected part of our lives.

Augmented Reality

Augmented Reality involves superimposing digital images onto real ones. Once complete, the end result can include audio enhancements, graphic enhancements, and many other amazing effects.

Many businesses have used augmented reality with immense success. For example, car manufacturer, Hyundai, has created an augmented reality app that helps car owners take care of their cars. Other businesses have used augmented reality to improve event management, enhance product demonstrations, leverage training events and so on.

As you can see, technology is changing the way we go about our daily lives. For now, it’s up to you as a business owner to capitalise on these technologies to make them work for your business.

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