12 Dec

The best gift of all: Technology for your Business

As the month of December is winding down, we often find ourselves thinking about the holidays, the end of an unforgettable year, and the start of a new one. 2019 has definitely brought us the gift of innovative technologies we can use in our lives and more importantly in our businesses, and we thought it would be fun to share some thoughts about them with you. From AI to Automation, it’s not too late to get a few more holiday gifts for your business before the month is over. Now, let’s take a look at technology’s gift to us and if you haven’t already thought about implementing one final gift this year for your business, now’s your chance.

 

Data Security

The importance of data security is at an all-time high this year. With cyber criminals becoming more agile and destructuve, businesses must have a focus on cybersecurity or risk losing valuable data, time and money. With cyberattacks against small to mid-sized businesses growing, we find it shocking that 40% of business owners reported that they were unconcerned about cyber-attacks in 2018. If that doesn’t raise concern, I’m not sure what does! Without a doubt technology and cybercriminals are only getting better at what they do and we highly recommend all businesses have a cybersecurity expert on their side for if and when an attack hits. Whether it’s next-generation Anti-Virus, threat-hunting, or some form of data loss prevention, information security tools always belong under your tree. You’ll thank me later!

 

Artificial Intelligence

According to Forbes, it is estimated that 70% of enterprises are implementing an AI strategy and CIOs are making it a top priority to enhance customer experiences while leveraging data to make better business decisions. AI is giving organizations access to business intelligence which provides a better understanding, targeting and servicing of customers. AI continues to be the game changer amongst businesses and it will continue to influence industries by data mining to give insights about consumer patterns, promote machine learning and predict user behaviors. Treat yourself to a glimpse of the future and an understanding of how you can optimize your business performance by looking into what AI can do for you.

 

Automation

Automation continues to evolve with new applications and products being introduced to the marketplace daily. Easily streamline complex business processes for a simple, effective workflow, if you haven’t already. Nowadays, there’s an application or product for just about any business concern you have. Customer service needs piling up in your organization? Try FreshDesk. Scheduling numerous client appointments? Try Calendly. Need improvements for the procurement department? Try PurchaseControl. The list of gifts you can give yourself is absolutely endless.

 

Blockchain

With Blockchain continuing to impact many industries such as banking, retail, ride sharing and messaging apps, the benefits have helped businesses make huge disruptions within their industries compared to competitors. From improved transparency, enhanced security, better traceability, increased efficiency and speedier transactions, Blockchain has proven to be a technology worth investing in for your business. This is the gift that will return dividends for years to come.

 

We hope we can help you understand the importance of how technology this year and every year can impact your business. We at CHIPS make it our priority to always stay current with technology, security and business trends so we can continue to have these conversations with our clients throughout the year. We would like to thank all of our clients for another successful year and wish you a Happy Holidays! Looking forward to what the 2020 year brings!

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