As your business grows, you’ll need to keep up with the latest technology trends to stay competitive. Here are five words that every business tech user should know.
Teach your staff these words and they’ll be able to communicate better with tech support and stay up-to-date on business technology.
Artificial Intelligence
There is no doubt that Artificial Intelligence (A.I.) will play an important role in many businesses in the near future, but what exactly does this mean? The simplest definition of A.I. is “machines able to perform tasks normally requiring human intelligence”. As you can imagine, companies are now looking for ways to use this technology to improve their operations.
One of the most obvious applications for A.I. is in customer service. For example, companies could use chatbots to answer customer questions and resolve complaints. A.I. can also be used to automate tasks such as data entry and analysis. This can save businesses time and money, and allow them to focus on more important tasks.
Cybersecurity
It’s no secret that cybersecurity is a hot topic. Last year alone, cyber-related losses were estimated to be over $400 billion and all indications point to further growth in this area. This means hackers will continue looking for new ways to breach security and steal valuable information such as customer data and intellectual property. It’s important for businesses today to take every possible step to protect their assets and prevent a cyberattack.
Fortunately, there are many ways that businesses can improve their security posture and protect against the latest threats. For example, companies should use multi-factor authentication (MFA) wherever possible. Not only does this provide an extra layer of protection against hackers, but it may also satisfy compliance requirements.
Another important step businesses can take is to ensure their employees are aware of the dangers of cybercrime and how to protect themselves. Employees should be trained to identify phishing attempts, for example, and not to open emails from unknown senders.
Cloud Computing
Cloud computing is another technology that has become increasingly popular in recent years. According to research firm Gartner, cloud computing will grow faster than any other segment of the information technology market in 2018 . If you aren’t familiar with this term, it simply means storing data and programs on remote servers connected to the internet. This allows businesses to take advantage of scalability and flexibility, since they don’t have to purchase or maintain their own hardware.
Another benefit of cloud computing is that it can help businesses save money. For example, a company may only need to pay for the storage and computing power they use, rather than purchasing these resources upfront. This can be especially helpful for small businesses who may not have the budget to invest in their own IT infrastructure.
Hardware and Software Upgrades
It’s no secret that technology evolves at a rapid pace. This means businesses need to be prepared to upgrade their hardware and software on a regular basis. In some cases, this may mean upgrading to the latest version of your operating system or even switching to a new platform altogether.
Upgrading your technology can be expensive, but the costs of staying put can be even higher. For example, if you’re using hardware or software that is outdated or incompatible with other systems, this could cause issues with your business operations . If your old technology becomes infected with malware , this may lead to security breaches and downtime.
Fortunately, there are many ways to upgrade without breaking the bank. For example, businesses can often lease or rent equipment rather than purchasing it outright. And cloud-based solutions can help you avoid costly hardware upgrades altogether.
In the end, it’s important for businesses to stay up-to-date with the latest technology trends. This will allow them to take advantage of new opportunities and improve their efficiency and productivity.
