5 Significant Technological Advances That Are Changing Businesses

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As technology continues to evolve at an increasingly rapid pace, businesses are changing and streamlining operations to follow suit. Familiarizing yourself with some of the most popular technological advances that are changing businesses today is a way for you to stay ahead of the curve in any market or industry. When you’re aware of the tech that can benefit your business and its operations, you can incorporate solutions and services that drive profitability and ultimately, success.

1. Cloud Storage

Electricity travels at approximately 270,000 km per second, or around 90% of the speed of light, according to TRVST. Today, more individuals than ever are using cloud solutions to manage websites, applications, and entire programs at the press of a button and without investing in dedicated private servers or physical servers in their workplace. Transitioning to the cloud is a way for you to streamline how you manage your entire business online, regardless of the type of business or brand you’re attempting to build.

2. AI

AI is one of the leading developments and advancements today for businesses. From using AI to generate marketing copy and animated videos to creating songs from the ground up, there are many different uses for AI today, recreationally and commercially. Depending on the type of business you’re running, you may find it useful to seek AI tools to streamline decision-making, newsletter campaigns, or, in some cases, even your social media posts. Using AI is another way for you to focus on more important tasks when it comes to running your business.

3. Data Backup Services

Data backup services are now more important than ever, especially with the increase in online hacking attempts, phishing scams, and theft. Approximately 70% of all small businesses that are hacked or suffer a major data loss incident are likely to close within a year, according to True List. Investing in a data backup service is always recommended, whether you’re building a start-up business out of your home or if you’re thinking of investing in an established corporation.

4. Medical Record Systems

Upgraded medical record systems also make it much easier to streamline operations in hospitals and even small clinics. More than 77% of office-based physicians currently use an electronic medical record system, according to the CDC. Investing in an upgraded medical record system will not only make it much easier to secure records with an encrypted solution in place, but it will also make it much easier to search for and identify patients or previous clients. Managing clients and patients is much easier to do so with the right modernized medical records system in place to assist you through the process while consolidating information to one central location.

5. Telehealth Systems

Using telehealth systems is another way to take advantage of some of the most impressive technological advances that have been made recently for businesses, especially those in the healthcare industry. Telehealth systems now make it easier than ever to schedule and attend virtual appointments with patients and clients remotely from just about any location with an internet connection. Now, with telehealth solutions, you can maximize your reach when it comes to appealing to a broader audience, regardless of the line of work you’re in.

Becoming familiar with the latest technological advances being made in the world of business can have a significant impact on the decisions you make as an entrepreneur or business owner. From investing in cloud storage solutions for your website to implementing a brand-new telehealth app for smartphones for your own clinic or office, it’s important to keep up with the latest technological advances in most industries today if you want to stay ahead of the competition.

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