Technology trends that revolutionize the business world

May 06, 2015Nii Ashalley

Technology trends show that almost 3 billion people, which accounts for 40 percent of the total population in the world, are using the Internet today.

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Technology trends shaping the business world

Complex business practices can be simplified with smart technology integration. This is the reason today both small and large business corporations are keeping abreast of the latest technology trends. New integrated technologies have helped small businesses from various industries to grow and reach out to a vast pool of audience 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 the use of mobile apps helps business owners save 600 million hours per year. Mobile phones, smartphones and tablets help owners save around $67.5 billion annually. Startups now have more opportunities to thrive. This is a good reason every business should try to be digital-friendly these days.

Technology is shaping the business world with enhanced innovations

Mary Meeker, an analyst from the Kleiner Perkins Caufield Byers, predicted it long back. It was 2008 when she said that mobile will overtake 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 the 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 mobile communications and corporate technology are losing most of the lucrative opportunities and growth potentials.

Contributions of internet technology trends

Easy access to the 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.

PayAnywhere

Is an app for Smartphone and tablets. It’s very useful, especially for 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 mobile payment technology works extremely well for a 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 communicate effectively, exchange emails, delegate tasks and check updates. This works very well for small business owners.

According to 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, the development of new technology trends is gratifying. Cloud storage has simplified many of the hassles. File sharing, storage and archival to remote internet servers is super easy. With a high-speed internet connection, users can access files from anywhere. 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, the latest internet and mobile technology trends serve the need of the industries and various sizes of businesses effectively. The only thing we would like to see is how it affects the overall society and the lifestyle of individuals.

Nii Ashalley

Nii Ashalley is the inspirational voice at The Business Frontal. 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 business articles.