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5 Technology Tips Every Small Business Needs to Know

Bianca Fermiza

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Technology and business go hand-in-hand. The premise is simple – technology can adjust and handle an increased workload. It gives you the ability to take on new opportunities to make your business more efficient in its operations. This enables you to consider the possibility of expanding and entering new markets.

Some entrepreneurs might consider investing in technology a challenge, but if it is done and deployed properly, it will drastically improve the way you do business. It has the capacity to increase sales, boost employee productivity, and ease miscommunication and error in your daily operations. No matter what size your company might be, technology has both tangible and intangible benefits.

Here are 5 technology tips that every small business needs to know.

1. Consider Enterprise Resource Planning (ERP) System

Enterprise Resource Planning is all-purpose software that can do anything from accounting, inventory, human resource, warehouse operations, finances, and a lot more. ERP software like SAP and Microsoft Dynamics NAV help integrate all your core business processes and enable you to stay ahead of the competition. A lot of people find it challenging to find the right ERP software for their business.

However, if you research your needs thoroughly and seek expert advice, you will be able to choose the right technology for you. You can also involve employees in the process of selecting a program. Having ERP software gives the different departments of your company transparent access to relevant data. This will result in less error, increased productivity, and reduced expenses on human resource. ERP software provides real-time data that is beneficial for management to make effective business decisions and adapt to rapidly changing business environment.

2. Connect With Customers

Every business owner knows that one of the most important factors in doing a successful business venture is taking care of your customers. There has to be customer intimacy. You have to understand their needs and you need to tailor your products and services to suit what they want. For small businesses, having Customer Relationship Management (CRM) software is an effective way for them to stay competitive in the ever-changing landscape of their chosen industry.

CRM software can store detailed information about your customers’ behaviors and enables targeted marketing, product development, and sales activities. You need to make your business more efficient to keep increasing revenue.

3. Engage in Social Media

Social media can be considered as one of the fastest and most reliable ways to connect with people all around the world. If you have a business, having an online presence will efficiently validate your brand. A lot of companies use social media sites for them to market the products and services that they are offering.

It also enables your customers to easily get in touch with you. For you to successfully utilize social media to your advantage, you have to set goals, know your target audience, decide on the type of digital media you want to focus on, have a social media strategy, and constantly analyze your engagements, for you to know if there is something to be changed or improved.

4. Optimize Your Website

Just like having social media identity, it is also important for your company to have its own website. You can use your own website to showcase your products and services to your customers. It also gives credibility because, in this technology-rich world, people tend to trust businesses that have their own website.

You can optimize your site by researching keywords and creating content based on that, speeding it up for users, using landing pages, and update your page titles every now and then for them to rank up in search engines to create traffic. These methods can be efficiently executed by a Search Engine Optimization (SEO) Specialist. An SEO Specialist helps you make your website more popular in Google.

5. Boost Efficiency with Productivity Tools

These are computer programs which allow users to create specific items quickly and easily rather than doing these things by hand. Some examples of these tools are Word Processing, Spreadsheets, and Databases. Productivity tools can be considered as game-changers for entrepreneurs. One of the most common productivity tools is Microsoft Office. It offers different programs like MS Word, Excel, PowerPoint, Publisher, and Outlook, just to mention a few.

On the other hand, databases and spreadsheets are commonly used for organizing, storing, calculating, sorting, and graphing information. These applications permit the creation of a whole new and calculated data. With these tools, you can precisely evaluate your company’s performance in the market and look for ways to improve your operations.

Bianca Fermiza is a Content Marketing Writer for an IT company that provides business solutions for Small and Medium-sized Businesses (SMBs). She currently gives tips about SAP Hong Kong. The authorized distributor of small business solutions and top of the line software SAP Business One in Hong Kong.

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Finance

3 Technologies Revolutionizing Online Business

Steven Sanders

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Modern technology has proven itself disruptive time and again which has allowed businesses to flourish and advance in industries like education, manufacturing, logistics, and finance. Disruptive innovation is also disrupting companies from Google to Microsoft. While in the past the disruptions were unexpected, it has allowed business owners and entrepreneurs to see how the innovative ideas are lucrative opportunities that improve business models significantly. Here are three transformative technologies that are revolutionizing businesses worldwide.

1. API Integration

An application program interface (API) is a software building application tool that determines how API components interact. Partnering with a skilled API Integration company will help companies identify API sets that best connect hardware and software and allow user devices, programs, and data to function and interact with one another. Companies need API integration for many reasons, including to:

  • Connect to cloud apps
  • Develop new APIs
  • Extract data from legacy systems
  • Write new apps
  • Increase productivity
  • Manage APIs in-house
  • New technology integration
  • Develop product or service ideas
  • Generate software solutions for end-users

Some of the most popular APIs utilized by companies include YouTube, Google Maps, Twitter and Amazon. As technology progresses, API integration offers limitless possibilities for companies to expand as growth and revenue do.

2. Artificial Intelligence

Thinking about artificial intelligence (AI) in the past mostly innovative thought process, but today it is a mainstream tool used in daily business operations to improve efficiency and productivity. By 2030, experts predict that AI will contribute $15.7 trillion to the global economy and 26 percent gross domestic product to local economies. As more businesses pop up online, APIs will customize customer experiences and analyze data that interprets consumer buying histories to predict future product or service trends. It will also help companies use predictive AI to target new demographics based on behaviors.

What is clear about AI is that it is set to disrupt more companies in the future because of quantum computing that will be smarter and more complex than how we are using it now. It will solve problems like global warming, poverty, space exploration, and disease all because of AI superhuman quantum computer systems that will dissect and analyze data in seconds without programmers feeding them commands. Popular AI in use today includes Siri, Alexa, Cognito, Netflix, and Amazon. The next generation of AI will include facial recognition, augmented reality, internet of things connectivity, emotional replication, drone delivery, and voice or visual search platforms.

3. Blockchain Cryptocurrencies

For the past few years, blockchain cryptocurrencies have thrown many industries into a disruptive state as it decentralized how companies buy, sell and store data. Blockchain uses transparent ledgers to connect an extensive network of users, so it has a reputation of being a tamper-proof way to make transactions, which is an indispensable tool to e-marketers. Blockchain technology like Smart Contracts will also become mainstream, which will allow businesses to use it to secure financial transactions via cryptocurrency exchanges.

Companies must prepare for the future of AI and blockchain technology by investing in the type of resources that transforms new talent and streamlines information technology departments to win in business.

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Technology

The Cost Of Building a Social Media App

Steven Sanders

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Stages of Social Media Development

  • Product Vision
  • UI/UX Design
  • Architectural design
  • Develop & Testing
  • Publishing

However, when it comes to creating a social media application, there are some things that have to be considered.

First, it’s important to decide what app it will be. In general, all social media apps are divided into two groups: cross-platform and native ones. Usually, we work with native platforms, and there are a few reasons for that.

Native applications made for specific operating systems, whether its iOS or Android. Cross-platform applications work for both OS systems, making it cheaper while you won’t have to hire multiple developers to create each OS.

But, creating a native app can have some issues. For instance, it’s not as convenient as cross-platform devices and isn’t able to use every function within a mobile device such as geolocation. And in this guide, we’ll help you determine the social network development cost so that you can create the next Facebook!

Success Factors

There are some factors that must be considered if you want your app to be successful, increase user’s trust, and bring them pleasant impressions of your first app:

  • Fast Speed
  • Appealing design, engaging animation, and an intuitive UX and UI
  • Easy communication access for users
  • Security of financial and personal information
  • Great possibilities for sharing and content creation, open social network

Optional Features

There are some features that are used to serve the goal of your social media application and help it stand out from the competition. For instance, if the social media app is created around events, it needs to have an event feature and a calendar. If its main idea is photos, shopping, geolocation, and camera rows are the main solutions for its success.

  • Offline guides
  • User activity history
  • User Experience
  • Geolocation
  • Offline work

There is a large number of optional features that can be added to your app, and these costs can vary based on the complexity of the project.

How Much is the Social Network Development Cost?

In general, there are two ways you can pay for developing your social network app.

  1. Fixed-price
  2. Hourly price

Fixed price scheme states that you and your development team will agree on a set price for the entire project. This is based on a detailed plan based on the development process. And the price for hourly jobs is higher than usual, based on the possible risks.

At the same time, paying your development team hourly means that you’ll have to pay for every hour of the project and on each stage of the project. In this payment plan, it’s easier to change the project based on its development stage and effectively control the process.

For simple apps, expect to pay around $10,000. But if you’re trying to implement advanced features such as a responsive website design and geolocation, it might cost around $50,000-$100,000 for it to work correctly. And if you’re going for an enterprise-level product, then expect to pay $250,000 for a dedicated IT team to complete the project.

Conclusion

Now that you know the social network development costs, you can now hire a team to help build your first app. Remember, your app needs to be appealing to your audience, so keep your target audience in mind throughout the duration of the project. Thus, you’ll be able to get your app developed and create a compelling social network for your users.

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Software

Network Olympus and Your Organization: A Quick Guide

Steven Sanders

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Long gone are the days of direct monitoring to employees. While this system works, it’s better to have software that helps you monitor your corporate network. With Network Olympus, it gives you the ability to monitor the uptime and performance of the network appliances and computers.

We understand that performance is a key part of maintaining a long-term business. And with this system, you can get alerted if the performance indicators go below a certain level. Thus, using remote networks is a great way to ensure that your business is running properly while preventing insider threats from harming your organization.

Fortunately, we’ll show you why companies are looking at network-olympus.com. The benefits that the software gives you will help you stay ahead of your competitors.

Mobile Team Management

Being able to access your network remotely prevents the need to stay on site constantly. If you have to work from home or your local coffee shop, remote access does this for staff living in remote cities, offices, countries, or branches to assess the network’s performance – even if the software is installed on the headquarters.

This means that if your device doesn’t work in a remote expert, network specialists can help you fix the problem without too much viewing on your end. They can see the network maps and updated metric themselves.

Access Levels

Having access to a remote network give your team better-increased security. Some network administrators don’t like the concept of remote access is through using encrypted authentication and ensuring that the user logs in with the right method.

Another feature for security issue protection is by data encryption. By doing this, it allows you to customize the user access. Most of the Mount Olympus remote monitoring tools will give you access to the admin or user level to enable maps or dashboards. By managing this access to users, you’ll have complete control over your network and protect the connection.

Also, you should get a tool that will consistently update and create patches for any security holes that occur. While these security threats are common, good security tools help notify users once the patch is launched.  This allows you to take control of the advanced security measures fully.

Constant Access

When using network-olympus, users have more access because of their remote capabilities. As long as you’re on a network due to VPN connectivity and or a point-to-point, you’ll be able to manage and utilize connected devices on the network. Regardless of your location or where they’re located.

By having more remote capabilities for your IT team, you’ll have the flexibility to handle the tasks that the modern world demands. And you’ll have peace of mind because you can see your network from a glance, whether that comes from a city, country, or a world.

Concluding Thoughts

Overall, network-olympus.com is perfect if you’re trying to manage a team of 10-50 employees. By using their software you’ll experience increased productivity, remote network management, and better employee communication. Thus, we suggest you try out Network Olympus and see how it improves the functionality of your team.

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