How Technology Helps Business Growth
Post on 16,June 2020   4:00 PM
By - PolyEyes Staff
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What drives growth in companies around the world, particularly small and medium-sized companies, well the answer has to linger in the platform of digital technology and particularly the use of the cloud and extended networks. The most talked-about sector is the smaller business and the barriers they face in the regular flow of business and how they tend to these problems, mainly focusing on this question of how technology and other internet-based services have helped them and their businesses to grow consistently and effectively. We know about how the digital revolution took hold. Since then, the world has seen an increasing number of start-ups and scale-ups; what we need to understand or investigate is whether the answer to their success lies in the technology.

Technology Provides Convenience:

As the business world develops with technology it means that anybody can do their work at anytime from anywhere with a standard set of tools and through that, the aim is to build better relationships with their partners, their customers and by the end of the day are more effective. Most start-ups and growing businesses regularly interact with suppliers who do not have the ability to perform as the requirements of business units infrastructure wise and technology-wise. Once you come out of significant contributions, the information technology infrastructure tends to be out of steam, for example, during expansion moves corporations keep waiting for faster broadband for many years and if the wiring is not there or the necessary plumbing is not present, such setbacks keep business from growing.

Technology Serves Customers:

If we take a step back into the last went years, it will be safe to say that we are living in exponential times in terms of acceleration where the adoption of technology and its designated use has to suit your customer's need, not the other way around. We talk about people and platforms because the other side of technology is not the technology but the people using the infrastructure. So is it the government which gets it wrong in the items that you must foster everything or things must be left to the invisible forces of the market? In this case, most people have a wrong idea about the state's involvement, the position of the government is to set the conditions of success and some positive things around the legal framework and tax departments. Indeed, the encouragement of high-tech cities is not being addressed in a full-fledged way because it still does not comprise of the whole economy and it is not the place which will be the highest yielder of jobs. The technology has to serve the customer and what the customers want is convenience, transparency and the ability to choose products which suited their needs.

Thinking about Consumers:

The core aim of technology and the ones who provide the required technological support, like LG Networks Inc., has to be that it needs to start with what's right for the consumer and not what's right for itself and one of the classic issues with this self-checking, for example, bus terminals, train stations, airports and many other places have installed pieces of technology which will help the customers to print ticket by themselves, understand routes and many other services but the biggest issue with these systems is that organisations employ exceptional individuals who use the machine for the common folk which makes the technology distant from the consumer. However, the idea is to make it available to them. A few years ago everyone thought that there would be complete virtual customer service, there would be no need to go to the store, everything would be online and there would be digital screens all over the place, but that just has not happened. While bringing business units from a regional to a national platform, the technology serves as the most significant help in achieving that goal especially the cloud, this feature enables corporate groups to employ or put a man in a van, anywhere in the world as long as he has 4G or broadband service, giving them a feeling of being inclusive within the office environment.


The simple message is that businesses must use technology to enhance their customer proposition and choice for consumers rather than technology leaders developing our growth plans, so it is essential to keep that thought in perspective by making the right investments at the right time. To be honest on the confidentiality and security debate, it must be said outrightly that there is a threat. Still, the danger is balance by the effort which is proving to be a countering force, and it is essential to see how different businesses view the use of technology.

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