Your Business Health Depends on Your Adoption of Emerging Technology

Dec 1, 2021 | Blog

With businesses on a large scale deploying a wide realm of innovative technology solutions, such as artificial intelligence, adoption is crucial to retaining a competitive edge. Technology has always been necessary on a functional level — for tasks, communications, security, and so on. But these days, it can make or break your business. The ready adoption of emerging technology is simply a necessity for business growth and success.

The implementation of new digital technology can help accelerate progress toward business goals, such as financials, workforce diversity, and environmental targets by more than 20%.

And companies that incorporate new technology discover 80% more annual net income than their competitors, according to Oracle.

Top 5 Things a Tech Check Catches

From outdated solutions to cybersecurity that’s not up to the task, there are plenty of convincing reasons to discover where improvements could be made to your IT. A technology assessment will reveal:

  1. Aging Solutions: If you haven’t updated in 6-12 months, you’re probably using at least one outmoded solution.
  2. Decision-Making Lags: 75% of companies that use AI experienced an improvement in decision-making.
  3. Old Equipment: New technology improves productivity, enhancing workflows.
  4. Weak Security: Strong security is a must to avert cyberattacks, which average about $200,000.
  5. Technological Deficits: A technology audit can identify areas that hold your team back.

Agility Matters

When it comes to your IT infrastructure, ask yourself if your technology enhances your ability to make data-driven decisions and if it provides value for your clients. Is it scalable? Do your employees have all of the tools they need to do their jobs successfully?

More than nine in 10 of executive managers believe agility is important to the success of their businesses.

Agility is how prepared you are to adopt available technology innovations. To attain optimal agility, Forbes suggests you have a strategy with objectives, broad agreement on technology path, IT processes in place, and adaptable personnel who appreciate what new technology brings to the table.

While the vast majority of executive managers believe agility to be important to their success, less than a third of executive managers consider their companies to fit the profile, according to Project Management Institute.

Discover the Benefits of Tech Health

The IND Corporation team is asking all of our clients whether the superior technology of AI, cloud, or decision intelligence are options they’d like to explore.

AI — Three out of four companies that have implemented AI experienced an improvement in their decision making

Cloud — The cloud provides an agile platform to develop solutions quicker with no capital expenditure, according to Forbes.

Decision Intelligence — Organizations that are data-driven are 23 times more likely to covert leads. They’re 6 times more likely to retain those leads. And they’re 19 times more likely to improve their ROI, according to Advance 2000.

At IND Corporation in NJ, we build your IT infrastructure specific to your business. We provide everything you need to optimize your operations, while addressing your budget, existing security, current technology solutions, and equipment inventory.

We learn about your business to get you poised for success now, and in the future. Our customized evaluation identifies areas where you can improve, grow, and thrive.

Don’t endure the fallout of operating on outmoded technology. Don’t let your competitors gain an edge. Take your business to the next level with our support. Contact us today.

 

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