Tech Innovations Every Small Business Should Know About 

This is a guest post, written by Nicola Reid of Business 4 Today.

In today’s business world, it’s more important than ever to have a strong presence both in the real world and online. Luckily, there are a number of ways that small businesses can use digital innovation to grow. From using online project management tools to creating a mobile app, there are a number of options available. Here, Philantech3 Consulting Group shares more about how new tech innovation can help your small business reach higher tiers of success. 

Using Online Project Management Tools 

One way that small businesses can use digital innovation to grow is by using online project management tools. These tools allow businesses to keep track of deadlines, assigned tasks, and progress reports. They also make it easy to communicate with team members and clients. By using online project management tools, businesses can ensure that projects are completed on time and on budget. 

Data Analysis to Optimize Processes 

Another way that small businesses can use digital innovation to grow is by using data analysis to optimize their processes. By analyzing data, businesses can identify areas where they can improve efficiency and save money both in the short and long term. This is a good option to consider if your business is experiencing lag times or delays of which you haven’t yet identified the root cause.  For example, a business might discover that its employees are spending too much time reading and responding to emails each day. By implementing some changes based on these findings, the business can save time and increase productivity. 

Optimized small business processes can result in a number of benefits for business owners. By reducing wasted time and effort, businesses can become more efficient and productive. Additionally, streamlined processes can help businesses improve customer service and better compete in the marketplace. Ultimately, optimizing small business processes can lead to increased profits and growth for business owners. 

If your data analysis points to chronic IT problems, consult with the technology experts at Philantech3 Consulting Group. They can find a solution that will meet your business’s current – and future – needs.  

Converting to Cloud Computing 

Another way that small businesses can use digital innovation to grow is by converting to cloud computing. Cloud computing allows businesses to store data and applications remotely. This means that businesses can access their data from anywhere in the world. Additionally, cloud computing is often more cost-effective than traditional methods of storing data, and it’s easier for companies to stay organized when their data is stored digitally rather than on hard copies. 

Being able to use cloud computing also makes a great case for digitizing paper files. Scanning your files and storing them as true-to-the-original PDFs gives you great security and flexibility. You can even edit PDFs for your purposes. You can learn how to edit a PDF here. 

Creating a Mobile App 

Another way that small businesses can use digital innovation to grow is by creating a mobile app. A mobile app can help businesses promote their products or services and reach new customers. Additionally, a mobile app can provide customers with an easy way to interact with a business. For example, a customer might use a mobile app to book an appointment or make a purchase. 

Using AI 

One final way that small businesses can use digital innovation to grow is by using AI. AI stands for artificial intelligence. There are a number of ways that businesses can use AI to improve efficiency and save money. For example, businesses can use AI chatbots to handle customer service inquiries. Additionally, businesses can use AI-powered software to automate tasks such as scheduling appointments or sending reminders. 

Sharing Your Results 

It’s important that, when you make a substantial change in your business processes, that you share that information with your employees. You may even find it’s helpful to report what you’ve done and the results you’ve gotten with key stakeholders, too. While there are some contexts in which a long and formal report is called for, other times a well designed infographic is a better tool. By creating infographics, you are able to highlight key metrics and changes in a visual format. Plus, there are great free tools with templates that you can modify to meet your needs. When finished, your infographic will succinctly convey key information to your audience in an easy to understand format.  

Embrace New Technologies 

Digital innovation offers a number of benefits for small businesses. From using online project management tools to creating a mobile app, there are a number of ways that small businesses can use digital innovation to grow, but make sure to research a variety of tools and weigh them against your business needs to make your tech investments worthwhile. By taking advantage of these opportunities, small businesses can stay competitive in today’s ever-changing landscape. 

For more information on how these new tech innovations could help your small business be seen, please contact us!

Wil Buchanan

With an undergraduate degree in Applied Management, a graduate degree in Business Administration and as a doctoral candidate in Organizational Psychology, let’s just say that business and leadership are Wil’s passions! He is also a small business owner who understands the rigors and joys of business building.