Technology is no longer just a phrase; it has become the most critical factor for practically all businesses trying to expand and stay relevant in 2022.
Nearly 20,000 new tech-related UK firms are expected to be established by 2020, with one in every five people expressing that they want to start a business because they want to, not because they have to.
COVID-19 has had an undeniable impact on small business aspirations. And this has had a significant effect on the tech environment, increasing people’s knowledge of and interest in all things related to technology.
As we move forward to a brave new world in the post-COVID era, we see how this boom has influenced small company IT trends.
So, what are the current business technology trends? We examine the six most crucial and potentially game-changing technological trends affecting business and the exciting opportunities for company owners wishing to enter 2022 at the cutting edge of technology.
The Advantages Of Using The Latest Business Technology Trends
Introducing innovative technologies to your company might be intimidating and overwhelming at times. It isn’t tricky or frightening at all! After all, altering your old habits of working constitutes a revolution. However, while introducing new technologies needs some effort at first, it pays off in the long run with the numerous benefits it provides to your company.
Here are a few of the advantages of incorporating the latest technology developments into your company:
- Increased communication effectiveness
- broader perspectives on staffing
- Enhanced security
- Stock management and restocking procedures have been improved.
- Marketing that works better
- Increased productivity in the workplace
Technology Trends For Small Businesses In 2022
We had never heard of Zoom before COVID-19 struck in early 2020. Although Skype was the industry standard for corporate video conferencing, many people still preferred to meet in person. Fast forward to 2022, and practically every organization has used Zoom or similar video teleconferencing software at some point and will continue to do so for some time.
The boom in video teleconferencing is only one illustration of how the epidemic has altered the way we do business. Technology has advanced dramatically in recent years, from remote work digital platforms and AI to the necessity for high-speed file sharing and cloud storage.
5 Business Technology Trends To Watch
As new technical abilities develop, business trends will shift. So, what are the latest business technology trends? In a nutshell, they depict the short-term trajectory of specific technologies and their impact on enterprises. Here are five essential small business technology trends for 2022 and how each one might help your company.
Taking Advantage Of The Cloud
As technology becomes more intelligent and complicated, businesses will require more data storage and computational power. Is there a way to save money on CPUs and complex drive banks? It’s the cloud. The cloud is one of the most critical factors pushing new technology adoption and access.
With more than nine out of ten businesses using the cloud in some capacity, those who aren’t are quickly falling behind. This year, cloud computing is expected to rise at a breakneck pace.
As per Gartner, global spending on cloud services is expected to reach $482 billion in 2022, up to $168 billion in 2020. This uptick in a relatively nascent industry is an excellent example of how quickly technological advancements affecting business can cause ripples.
Using Work Management Software
Project managers today have a lot on their plates. Project managers face many jobs and obligations as projects become more complicated and require assistance.
Even the finest project managers can’t manage everything simultaneously, and even the most expensive project management tools can’t match a seasoned project manager’s leadership and skill.
With project management software, work management technologies assist firms in streamlining and syncing their work. Managers can use these tools to plan more efficiently, track more accurately, organize, and review project and team performance, freeing time to focus on the most critical responsibilities.
Using All-Inclusive HR Software
Many small firms found it incredibly difficult to maintain track of their employees at home while still taking care of their requirements during the early days of 2020’s lockdowns and stay-at-home directives. HR software solutions for remote working were not available for small businesses.
In 2022, small businesses are beginning to see the value of implementing a complete HR system. Many firms have grown to rely on remote-work agreements for employees to maintain or boost productivity. This necessitates the deployment of cutting-edge techniques that can adapt to evolving HR requirements.
Approach To Remote Work And On-Boarding
Working from home, which was once considered a pipe dream, has become the ‘new normal. Whereas some businesses initially believed that enabling employees to work from home would reduce productivity, many have since accepted the concept permanently.
Working from home increased productivity by 13% in a Stanford study of 16,000 workers, while another poll revealed that 30% complete more work in less time at home.
When it comes to welcoming new employees into your company and familiarising them with their responsibilities, onboarding is crucial. On the other hand, remote induction has proven challenging due to glitchy technology, geographical obstacles, and a lack of that real ‘in-person experience.’
“54 percent of workers spend five or more hours each week, or 240 hours per year, doing monotonous chores requiring little or no originality,” according to Monday.com. That’s a lot of time squandered.
Things are made easier with automation. Business Process Automation (BPA) technology automates the repetitive, day-to-day tasks that consume a lot of your time and effort. Small businesses will benefit from BPA software like Kissflow or Zoho, which has a user-friendly interface, while other BPA systems, such as Processmaker or Pipefy, automate workflows to meet a company’s specific demands.
BPA systems are more complex and capable than other types of automation because they connect many systems and communication channels to the right people at the right time.
Technology is available to assist us. It benefits practically every aspect of business and has the power to propel you forward. But what about corporate technology trends?
From cloud-based serverless computing to work management tools that revolutionize planning and organization, dependable HR software that manages a world of new remote workers, and refined onboarding activities to automation and artificial intelligence, business technology trends are continually changing.
Staying up to date and providing your team with the latest emerging technology, tools, and software will keep them happy and productive. This can help them become more effective and assist your small business reach its full potential in 2022.
So, if you wish to include various technologies in your business, contact the ONPASSIVE team.