BUILDING A FUTURE-PROOF COMPANY
Small businesses are aware of the need to strategize for the future and deploy tech solutions to stay relevant and competitive. However, the pace at which technologies are moving many businesses are struggling to keep pace. But there are proactive steps that businesses can take to understand the options available and position their business in a manner that would help them adapt to changes on the horizon.
With the introduction of Artificial Intelligence (AI), many tasks are getting automated as there is enough data to draw on to make a conclusion about performing a task and enable the performance of other tasks. Here are how certain skills are going to change as AI becomes pervasive:
- Demand for technology development skills will stay flat as most of these skills will be automated.
- Digitally dexterous people are proficient at using technology. As the application of technology increases, so will demand for experts who can use that technology and its outputs.
- Social interaction and creativity are skills that cannot be automated. As the use of AI widens, non-automated roles will shift to focus more on social-creative skills, and the demand for these skills will increase even further.
- Technology will certainly take over tasks such as cold calling, cost estimation, and forecasting and complete them more cost-effectively and faster.
How to Future-Proof Your Business
Migrating data to a public cloud can help future-proof your business. eUsers can easily access information while releasing you from the burden of hosting all data on-premises. On-premises hosting can be hazardous in the future, as a security breach or system breakdown could cripple your business.
Hybrid cloud life cycle managed services offers scalability and flexibility. You can roll out and rollback services to fulfil customer needs thereby reducing your overhead IT costs since you pay only for dedicated servers when there is demand.
To future-proof your business, you must be aware of the latest technologies and come up with a plan for their onset even if you are not thinking of adopting it. You must avoid dismissing a technology just because it is not being talked about. Once a new technology proves to be beneficial and achieves the scalability and affordability it needs, extensive adoption does not take long.
For example, Blockchain and Internet of Things are two technologies that are making headlines these days. You must brainstorm on how such technologies might fit in with the processes you already have in place and bring in your team members in making a vision for the future.
For small business owners, mobile apps can be very useful. It is estimated that by 2025, the number of devices connected to the internet will reach 75 billion globally, and if you haven’t invested in it, your business is likely to suffer. So, you must consider starting a mobile-based loyalty program that features your products for enhanced visibility.
Future-proofing your business must begin now. Start by laying a foundation with mobile apps, cloud storage, and an online sales platform. 3i Infotech help businesses undergo rapid changes whether it is on new business models or the software side.