The Top Business Productivity Tech for 2020

The Top Business Productivity Tech for 2020

As 2020 heats up and innovation is on every horizon, you’re probably wondering how your small business or startup fits into the picture. It seems like every new tech development is a huge opportunity to streamline your business model and jump-start much-needed growth – but it’s also a chance to fall behind savvier competition.

If you’re looking to keep your edge, or get an edge ahead of your closest rivals, look no further. In this post, we’ll cover the top technologies you’ll need to be aware of in order to put your small business on the fast track. Check it out.

Cloud solutions

Still keeping all your company’s sensitive data on a hard drive in the office? It’s time for an upgrade. Cloud-based solutions are rapidly becoming a must-have feature in almost all industries, as the limitations of hard drive-based computing begin to show themselves. 

What are cloud solutions? There’s a number of applications to be aware of. Basically, the cloud is the distribution of your data across many servers on the internet. Rather than having your business plan and spreadsheets and other data on a tower computer in an office, it’s available across the internet with a secure login. 

This has three huge benefits: 

1. It’s safer: if there’s a freak flood, fire, or break-in, you won’t lose all your data because your computer was ruined.

2. It allows for massive computing power: don’t get limited by the 6 gigs of RAM on your tower desktop computer; with cloud computing, everything from data analytics to tax planning software can have the power of a massive server at its back.

3. It boosts remote work opportunities: now, your traveling employees, or ones who need to stay at home, can work remotely, as they can log in and access company files directly from the cloud. Talk about a streamlined solution. 

That last point brings us to the next huge productivity hack you can take advantage of in 2020.

Remote work

Remote work is having a huge moment, as many companies have begun offering part or even full time remote work to their employees. Heading into the office can be good for building comradery among employees, and makes meeting easier, but remote work has huge benefits too. Let’s outline those now.

• You can cut down on overhead by having a smaller office space – or even none at all. This is crucial for startups who want access to top talent but don’t have the space to house employees in an office.

• Your pool of talent grows. Rather than being restricted to possible employees in your city, there are plenty of opportunities to hire remote workers half the country away – or even internationally. That greatly expands your chances for getting awesome employees who will go above and beyond.

• Employees love it. Who doesn’t love sitting at home in their PJs, avoiding the rush hour commute and getting the same amount of work done? If you’re serious about employee perks, remote work is an absolute must-have.

Remote work is made possible new tools, like time tracking apps, task management systems, and video conference call platforms. If this sounds possible for your small business, you should definitely consider it.

Big data

Data is the name of the game in the third decade of the 21st century, and it’s expected only to grow from here. If you’re not employing data analytics solutions, you may begin to see huge declines in your bottom line.

It’s a good idea to keep tabs on markers and trends in your industry, so you know best where to allocate efforts and spend limited resources. Here are a few ways to take advantage:

• Deploy data analytics software that will allow you to gain crucial insights into market trends

• Hire a data analyst full time, who can work their wonders and illuminate new trends and market shifts ahead of time

• Act on data-based evidence instead of going with your gut; all too often, our instincts can lead us astray.

When your company begins employing these new tech solutions, you’re bound to see a massive increase in your ROI (return on investment). So, what are you waiting for? It’s time to face 2020 with the best tech there is on the market.