9 Tech Trends That Are Rapidly Changing How Businesses Do Business

Here are the key technological trends of 2017 to particularly take note of so businesses can quickly implement new tools and strategies for greater success, improved inventory management and improved customer interaction.

Companies that connect to the customer

As opposed to directly selling a product, we have seen a rise in companies looking to connect consumers with a service. Take for example, AirBnb and Uber. They have allowed the millennials cohort to live an asset-light life that is seen as a relatively affordable option.

Drone technology

Drones have become the must-have toy throughout the world. However, businesses are starting to leverage the technology for enhanced customer experiences. Take for example Uber Eats, who haves started to implement food service delivery in parts of the US via drones.

Creating a personal brand

New and emerging digital platforms allow businesses and individuals to distinguish themselves from competitors by building a personal brand, which consumers are very receptive towards.

This personal brand is how businesses are gaining individuality when marketing themselves to an audience. Social media platforms such as Facebook, Twitter, Instagram, YouTube and Pinterest, allow audiences to feel connected to businesses while learning about the brand values and vision. Having this platform allows customers to follow a brand they feel they can resonate with.

Artificial intelligence

In 2017, we have seen the rise of machines that can learn and complete tasks that would normally require human intelligence. For example, we have already caught a glimpse of machines that can problem-solve on their own, like self-driving cars from Google. In the next year, we will be exposed to more machines that can adapt and learn skills only we as humans have possessed thus far. You can already even request a fully autonomous Uber in some parts of the world. Inventory management automation is another way to make your business more competitive.

Remote employees

Some businesses suggest that there is a shortage of skilled labour, however as the digital space allows employees to complete work assignments from just about anywhere, more employees are seeking a flexible schedule and the comfort of working from home.

Remote employees allow an employer to have access to talent all over the world. Communication tools such as Google Hangouts, FaceTime, and Skype allow employers to have face-to-face meetings with employees who are not physically present. If the right processes are implemented then this is more than possible to achieve and fill the gap of skilled labour in the technological sector.