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Modern age tech for business growth in 2020

Modern age tech for business growth in 2020

People believe that bigger enterprises are too wary of tweaking their operations to accommodate new technology, small businesses are believed to not investing enough in its adoption.

At the same time, another argument can be that modern tech is affordable for the big players and startups are run by new-age millennials who are tech-savvy enough to not oversee its advantages.

Whatever is the case, one thing is for sure that technology is too important for businesses to ignore.

So, if you are looking to expand your company in the coming years, here’s are the tech-trends that you should be aware of.

1. IoT (internet of a thing)

The concept of IoT or Internet of Things is straight out of a sci-fi movie – Machines independently interacting with each other.
And while the idea of IoT is “bigger than life”, it has already started taking shape. For instance, you can now control your home appliances with your smartphone.

In the business world as well, IoT can be put to use for many advancements and growth

2. mLearning

Time and again we have seen arguments surrounding employee training. Skipping ahead to the conclusion- training is vital for employees’ personal growth, as well as the business’s growth.

For almost two decades, eLearning has been a part of training in Corporates and has evolved to accommodate the changing needs of employees. And the latest evolution in the field is mLearning or mobile learning.

The concept here is simple – it offers a training course which is accessible through smartphones and Mobile Applications. However, the implications of this technology can be magnificent.

3. Chatbots/AI

AI chatbots are taking the world by a storm in today’s age. For those unfamiliar, chatbots are the automated response systems that you may have encountered on many service-based mobile apps and a number or websites.

But most of them can be said to be the most basic forms of chatbots. The more advanced versions, i.e., AI chatbots are still in their nascence and haven’t really gone mainstream for a majority of businesses.

However, they hold strong capabilities for business growth in many ways.

Conclusion
The world is on the threshold of change and there are many technologies which can help one in achieving optimum growth for their business. The only way forward from here is to adapt and transform.

One thought on “Modern age tech for business growth in 2020

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