Entrepreneurship

What Technology Does My New Business Need?

author

What Technology Does My New Business Need?

The world of business has changed, as has the way that business is done and the tools and technologies which entrepreneurs, managers and CEOs around the world use. Running a start-up company now is not the same as it was a couple of decades ago, and it is important to understand this if you are thinking about or have gone into business as a new player within an established industry. To get ahead you don’t just need a good idea, but you need a stroke of luck, a great team, and robust commercial technology solutions behind you.

Unfortunately, we cannot help you with the first two, however, we can help you on the technology side of things. You need to be using all the right tools and software solutions you can to not only make your job easier, but to remain competitive and ahead of other companies within your market. By using the best commercial technology solutions on the market, your day-to-day becomes easier and you remain competitive.

Commercial Technology Solutions: What Do I Need?

With all the different types of technology and software solutions available on the market, it can be difficult figuring out exactly what you need. To help you out, here are a few of the key pieces of technology which start-ups and businesses of all kinds need when they are just getting going.

1. Project management software

No matter what your business is or what you are selling, you are always going to be running some type of project. Whether you are launching a new project or performing market research, project management is important. Without it, you will find that your team won’t be performing as efficiently as possible as they struggle to meet deadlines and fail to communicate with each other. Project management solutions can be implemented to make the whole planning and execution of said projects easier, as everything is handled in one place.

2. Access to cloud computing

The world is moving to the cloud, businesses especially. Expensive IT servers based on-site which are prone to failure and require regular maintenance are now a thing of the past, and even the smallest companies are flocking in their hundreds to new cloud computing solutions. These solutions not only reduce the costs associated with running a business, but they are inherently more secure and offer infinite space to scale up operations.

3. A robust data security suite

It is important that your company’s data is not only backed up, but that it is fully secure and there is no chance of it being compromised by hackers. Data security doesn’t stop at installing firewalls on your computers, it extends to implementing a comprehensive security suite which will fully protect your business against anybody who wants to steal or otherwise compromise your data. Given that cybersecurity is one of the biggest concerns to businesses, data security is not something to be taken lightly.

4. A high-speed internet connection

You may think this sounds obvious, but you would also be surprised to learn just how many companies forget about the basics. Lack of internet speed can have a damaging impact on your business, not only in terms of reduced productivity in the office, but soured relationships with clients who struggle to get a stable and reliable conference call with you. Given that businesses are relying more on technology, having the fastest internet speeds possible is a necessity.

5. A tech professional

Although this isn’t strictly a piece of technology, having the number of a local tech professional can prove useful when things don’t work as they should, especially if your start-up isn’t technological in nature and you don’t know the first thing about it. A technology consultant who knows your business and understands your industry can help guide you towards making the best and most commercially viable decisions when it comes to expanding your company’s infrastructure, and provide you with help when your current systems are playing up or start to fail.

 

We are living in an age dominated by technology, both physical machines and virtual software. It is only natural that as we rely more and more on technology as individuals that businesses will too. Different companies need access to different commercial technology solutions, but there are a small handful which are necessary for all companies of all sizes operating across all industries.