Tech trends that are fuelling business growth

5 Tech Trends to fuel Business Growth.jpg.jpg

In today's ever changing digital world, small businesses have more opportunities than ever. Many of these call for using technology to their advantage. Embracing the right tech trends can help businesses compete. It also enables them to streamline operations, enhance customer experiences, and fuel growth.

It can be confusing knowing which routes to take. Most small businesses need to choose the route that is going to bring the biggest return.

Here, Jonathan Cundliffe, managing director of Lancashire-based J700 Group, explores five small business tech trends. These recent trends have the potential to drive success and help propel your business forward in an increasingly competitive market.

1. Cloud Computing: Expanding Possibilities

Cloud computing has emerged as a game-changer for businesses of all sizes. Some believe small businesses are among the most benefitted. 82 per cent of small to medium businesses report reduced costs after adopting cloud tools.

Jon from J700 Group explains; the cloud offers many benefits. It’s a cost-effective and scalable solution for data storage, software access, and collaboration. By migrating to the cloud, small businesses can save. They reduce or eliminate the need for on-premises infrastructure; reducing maintenance costs and gives increased flexibility.

Also, cloud-based tools and platforms enable teams to work remotely. This can promote collaboration and improve productivity. Working in the cloud offers access to real-time data and apps from any site or location. This enables small businesses to make informed decisions faster. They can adapt to market changes more easily.

2. Artificial Intelligence: Automating Efficiency

Artificial Intelligence (AI) has revolutionised the way businesses operate. This year alone, ChatGPT has completely transformed many business apps. We cannot overstate AI’s potential benefits for small businesses.

AI-powered tools and algorithms can automate routine tasks. Such as data entry, customer service, and inventory management. This frees up valuable time for employees to focus on higher-value activities.

Chatbots, for instance can allow small businesses to provide 24/7 customer support, without the need for more staff or paying overtime hours.

AI also enables businesses to gain actionable insights from vast amounts of data. This helps them optimise processes, personalise marketing strategies, and also enhance customer experiences.

Embracing AI technologies can give small businesses a competitive edge. It does this by boosting efficiency, reducing costs, and improving decision-making.

3. E-commerce and Mobile Commerce: Expanding Reach

The rise of e-commerce and mobile commerce has opened new avenues for small businesses. They can now easily reach a global audience. Using websites and apps, companies can sell anywhere at any time.

It’s easier than ever to put up a secure payment gateway and take payments online. These “plug-and-play” e-commerce sites and apps can create a seamless user experience. This allows small businesses to build trust and encourage repeat purchases.

Businesses can easily understand customer preferences by using data analytics. They can also optimise inventory management and personalise marketing campaigns.

By embracing e-commerce and mobile commerce, small businesses can grow quickly. They can extend their reach beyond geographical boundaries as well as tap into new markets, thereby fueling growth opportunities.

4. Data Security: Safeguarding Trust

As businesses increasingly rely on digital technologies, data security becomes paramount. Small businesses are just as vulnerable to cyber threats as larger enterprises. This makes it essential to prioritise data security measures.

46 per cent of all data breaches impact businesses with less than 1,000 employees.

It is essential to put strong cybersecurity practices in place. This includes things such as:

  • Encryption
  • Multi-factor authentication
  • Regular data backups
  • Endpoint protection
  • Identity and access management
  • Advanced threat protection

Two important tactics to proactively manage risks include:

  • Staying informed about emerging threats
  • Investing in employee training

Customers value businesses that focus on their data security. Therefore a strong security stance can instill trust and confidence. This leads to long-term customer loyalty and a positive brand reputation.

5. Automation and Workflow Integration: Streamlining Operations

Automating business processes can significantly streamline operations. When small businesses integrate workflows they save time and money. Workflow automation eliminates repetitive manual tasks. It also reduces human error and enhances efficiency.

Think about integrating various systems and applications. Such as customer relationship management (CRM), project management, and accounting software; thus enabling seamless information flow across different departments.

Other benefits include:

  • Enabling better coordination
  • Fostering collaboration
  • Optimising resource allocation
  • Improving productivity
  • Increasing customer satisfaction

Small businesses that use automation and workflow integration can gain a competitive advantage as they operate more efficiently and deliver superior experiences to their customers.

Take an Important Step Toward Digital Growth

In today's digital era, small businesses have many tech tools and trends at their disposal. But it does take guidance to know what to do and how to do it.

While embracing cloud computing, AI, e-commerce, data security, and automation can help to stay competitive small businesses need a clear and affordable path tailored to their business needs and goals.

J700 Group can help guide and implement your digital transformation objectives.

Give one of our team at J700 Group a call today or schedule a no-obligation consultation to discuss tech solutions to help your business grow.

About  J700 Group Limited

J700 Group provides effective IT support and services that enable your business to have secure, responsive and reliable information technology, keeping it running smoothly 24/7.  Above this though, we are a family-run company that truly cares about our customer service and the business relationships we develop.

For more information please contact Angelina or Deon on 0333 7721 700 or email info@j700group.com

J700 Group are a Lancashire-based, family-run, professional and responsive, Managed Solutions Provider helping Businesses, to utilise Innovative IT Consultancy Services, Cloud Solutions, Cyber Security, Microsoft 365, Telecoms, Web Design and SEO solutions to propel their organisation to the next level and beyond.

As an experienced IT Support Provider, helping businesses across Lancashire & Manchester, if you need any assistance with your IT including IT Hardware, a Disaster Recovery Policy or Managed Backup Solutions please get in touch with one of our team.

Where to find us: Prinny Mill Business Centre, 68 Blackburn Road, Haslingden, Lancashire, BB4 5HL.

Unlock untapped potential and ignite your small business growth with these 5 must-know tech trends! Whether it's leveraging social media for brand building or adopting smart automation tools, harness the power of technology to transform your business into a success story.

Watch Our Video HERE>

Enjoyed this? Read more from J700 Group Limited

Latest news

1

Historic Blackpool building to house business growth hub Blackpool Stanley Buildings

Historic Blackpool building to house business growth hub

05 Dec 2023

2

Plans approved for 800,000 sq ft Preston industrial scheme Aptus visuals

Plans approved for 800,000 sq ft Preston industrial scheme

04 Dec 2023

3

Cruise firm doubles turnover to hit £20m Panache Cruises team

Cruise firm doubles turnover to hit £20m

06 Dec 2023

4

Angela Kershaw named head of business growth at Blackpool Council Angela Kershaw.jpg.jpg

Angela Kershaw named head of business growth at Blackpool Council

06 Dec 2023

5

Youth Zone appoints new chair as Straw steps down Wayne Wild

Youth Zone appoints new chair as Straw steps down

06 Dec 2023

Fob Advert 980x120
Background image for hub sign up block

LBV Hub

Reach 50,000 members of the Lancashire business community

Post your news
Post your events
Post your offers
Company profile
Social reach
Magazine coverage
Sign-up
Events
Help to Grow Management Course
Collaboration v3.png.png
LBV Hub Seminars
31 Oct 2023 - 14 Feb 2024

Help to Grow Management Course

University of Central Lancashire, School, Online and face-to-face , UCLan, PR1 2HE

09:30 - 11:30

Business Networking in Preston - BNI Diamond
EVENT LISTING BNI Diamond.png.png
LBV Hub Networking
06 Dec 2023

Business Networking in Preston - BNI Diamond

Norman Jepson (Beefeater), Bluebell Way, Preston, PR2 5PZ

07:15 - 09:00

Business Networking in Lancaster - Eden Business Network
Eden Business Network.png.png
LBV Hub Networking
06 Dec 2023

Business Networking in Lancaster - Eden Business Network

The Borough, 3 Dalton Square, Lancaster, LA1 1PP

18:30 - 20:30

Twas the night before ransomware
Event Graphic 3.jpg.jpg
LBV Hub Seminars
07 Dec 2023 - 07 Dec 2023

Twas the night before ransomware

The Lowry Theatre, Salford Quays, M50 3AZ

14:00 - 17:00

Business Networking in Burnley - BNI Kudos
EVENT LISTING BNI Kudos.png.png
LBV Hub Networking
07 Dec 2023

Business Networking in Burnley - BNI Kudos

Prairie Sports Village, Windemere Avenue, Burnley, BB10 2FU

06:45 - 08:30

Discover the power of BNI - Business Networking in Preston
Preston.png.png
LBV Hub Networking
07 Dec 2023

Discover the power of BNI - Business Networking in Preston

Samlesbury Preston Hotel, Preston New Road, Samlesbury, PR5 0UL

09:30 - 11:00

The Business Network Central & East Lancashire
LBV Hub Networking
07 Dec 2023

The Business Network Central & East Lancashire

Stanley House, Blackburn, BB2 7NP

11:30 - 14:30

Business Networking in Lancaster - BNI Castle
EVENT LISTING BNI Castle.png.png
LBV Hub Networking
07 Dec 2023

Business Networking in Lancaster - BNI Castle

Vale of Lune RUFC, Powder House Lane, Lancaster, LA1 2TT

06:45 - 08:30

Business Networking in Preston - BNI Brunch
EVENT LISTING SIZING Brunch .png.png
LBV Hub Networking
08 Dec 2023

Business Networking in Preston - BNI Brunch

Samlesbury Hotel, Preston, PR5 0UL

09:30 - 11:00

Business Networking in Blackburn - BNI Infinity
EVENT LISTING BNI Infinity.png.png
LBV Hub Networking
08 Dec 2023

Business Networking in Blackburn - BNI Infinity

Hampton by Hilton, 2 Frontier Ave, Blackburn, BB1 3AL

06:30 - 08:30

Business Networking in Chorley - BNI Endeavour
EVENT LISTING SIZING Endeavour.png.png
LBV Hub Networking
12 Dec 2023

Business Networking in Chorley - BNI Endeavour

Oak Royal, Bury Lane, Withnell, Chorley, PR6 8SW

06:30 - 08:30

Business Networking in Blackburn - BNI Vista
EVENT LISTING SIZING Vista.png.png
LBV Hub Networking
12 Dec 2023

Business Networking in Blackburn - BNI Vista

Hampton by Hilton, 2 Frontier Ave, Blackburn, BB1 3AL

06:45 - 08:30

Advertise with us

Reaching 50,000 members, our print, digital and event platforms offer a fantastic way to raise your business profile and help you grow.

Find out more LBV Advertising Visual NovDec
Subscribe now

Weekly news bulletin