Simple Technology Trends that Can Impact Your Business

Posted 16-May-2023 09:59:36:am

Boluwatife Odusanya

In today's fast-paced world, technology is the unsung hero that silently revolutionizes the way we live and work. It's the powerhouse behind the scenes that keeps us on track and constantly moving forward. And when it comes to running a business, technology can be the difference between surviving and thriving.


But with so many new advancements popping up every day, it can be overwhelming to keep up. That's why we've compiled a list of the top technology trends that are currently making waves in the business world. From cutting-edge food tech innovations to game-changing AI developments, these trends have the potential to completely transform the way you operate your business.   

Artificial Intelligence 

Artificial Intelligence (AI) is transforming how businesses operate across various sectors. It can automate tasks, provide real-time insights, and improve customer service. With AI, businesses can save time and money by automating labour-intensive tasks, making more informed decisions by analyzing vast amounts of data, and providing 24/7 customer service through chatbots. By embracing this technology, businesses can stay ahead of the competition and achieve greater success in their respective markets.

Mobile payments

 Online payments are the order of the day, it is safe to say that if you do not have a means for online payments in 2023, then you are not ready for business. Customers prefer to pay online because it eliminates the need to go to the bank or queue at the ATM for cash. Online payments may have hitches, but they are becoming seamless, and we believe they are here to stay.

Contactless Solutions

Have you ever had to scan a QR code at a restaurant for their menu or scan a QR code to get the link to a website? Contactless solutions like tap-and-go or scan/QR code payments have become popular since the pandemic outbreak. As more people looked to limit unnecessary contact with others, contactless payment emerged as an ideal and safe payment solution.

Augmented Reality (AR) 

If you are conversant with social media, Virtual Fashion shows are the coolest things in the fashion industry; instead of the whole process of planning an event with the stress of the logistics and being susceptible to accidents during the show, as a  fashion designer getting virtual models and the virtual runway is a great idea. Not only does it save time and energy, it also saves costs.AR technology is also being used by businesses such as IKEA and Sephora to help customers try out products virtually before making a purchase. This not only enhances the shopping experience but also improves customer satisfaction rates.    

Delivery Services 

With the introduction of same-day delivery services like Jumia Foods, Bolt, Glovo, and similar services, businesses can now provide their clients with speedier and more convenient delivery. Businesses may enhance consumer experiences, increase their reach, and foster loyalty by collaborating with delivery services.

Chatbots

Businesses use chatbots to automate customer support and sales through their website or Business pages. For instance, instead of a client’s message being unattended to, the Chat-Bot replies and engages the client before a customer care representative or sales attendant is available to assist the customer. This would be based on the commands already imputed by the business owner, and that way, your customer experience is improved.

Conclusion

There are many more technology trends, but we definitely cannot exhaust them all. Tech makes everyone’s life better in the most simple ways. Our daily activities are becoming more and more automated. One thing is for sure, Tech is no longer just the future, it is the present, and we are living it!


Digital Switch can help you with your business’ IT and software needs to help you get started. Don't hesitate to contact us here or email us at Info@digitalswitch.net. With the proper knowledge and skills, you can make a real difference in the world.