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5 Key Takeaways You Must Know Before Investing In New Technology

Emmanuel Nnaemeka

AXA Mansard

  As a businessperson, investing in technology is very key for growth and upscaling productivity. Most often, many businesses fail to incorporate the latest technology or simply overlook trends. Those that incorporate them, invest in the wrong set of technology.
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Nonetheless, investing in the right technology can be tedious. Today, there are numerous options of technology to choose from. It could be hardware or software. Before investing in technology, you must ensure that it fits into your business model. For example, if you are into accounting services, getting a photocopier, laptop, spreadsheet software, and cloud software are a must get for your company. There are numerous examples where business owners don’t do their due diligence before acquiring new technologies. There are times that, in a bid to save cost, you might buy a new technology that cannot serve the needs of the company. In this article, I am going to highlight 5 key takeaways you must consider before investing in new technology.

  1. Existing workflows

Knowing your present workflow is very pivotal when trying to incorporate new technology in the workplace. Can the new technology fit into the company’s expertise? Do you have staff that can operate the technology? Is the new technology necessary? How bad does your business need the new technology? For example, if your company is having issues with the loss of data in its storage facilities, then there is a need to adopt new technologies like cloud computing systems.  Furthermore, if changes are needed, do you have the time, energy, money and resources available to adapt accordingly?

  1. The user experience

Another issue you must consider before adopting new technology is the user experience. If the user experience is not friendly, it will only frustrate the work process in the long run. You must consider certain questions regarding user experience such as, is the device practical for the user? Is it economical for you, and your business? Is the maintenance procedure affordable? Will you have to train workers on how to use it or is the device intuitive based?  These key questions should influence your decision in adopting new technology in your business.
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  1. The flexibility and security of different operating systems (OS)

Incorporating new technology into your business requires some form of security assurance. Therefore, getting a technology with a strong OS is pivotal, and even more important is getting a technology that is built for business. Furthermore, it is advisable to get custom-made devices that suit your business. It is also advisable to go for devices that you can easily fit into your timeframe, add or scale new apps and even provide remote support for employees who may be out making deliveries when they report device issues.

  1. Connectivity and visibility

Ensure that devices can easily be connected among various outlets within the company. You also consider how devices can be connected among workers. Furthermore, you should also make sure that the devices grant your teammates full visibility that keeps them connected with one another.

  1. Long-term value

It will profit your business both in time and money when you get devices that are durable and well-suited for the business environment. Will they be able to run the types of apps you need them to down the line? Sync with networks and information systems. Featured Image Source: AXA Mansard
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