Have you ever questioned why the best firms are technology-focused? Technology is a significant contributor to their growth and a big driver of their competitiveness. After all, people are fascinated by the benefits associated with technology. So what can stop consumers from choosing those firms? As a small business, you might be trying to adopt technology, but you may struggle to know what to do. With this article, you will know what the best companies in the world know, which makes them tech-savvy.
Technology is Disrupting Almost Every Industry
Technology is not only for IT companies or big firms. The truth is technology is making a shift in almost all industries. The impact of technology in ensuring efficiency in operations, superchargers marketing, and helps in product development. It is therefore capturing the attention of business owners across all sectors. Enterprises are striving for technology advancements to serve consumers right and beat their competitors. The best companies are great at studying overall market dynamics and can stay ahead with technological advances.
Future Trends
The best companies like Google, Apple are excellent at predicting future technological shifts. They have technical teams that analyze emerging trends— technologies like Artificial intelligence, Cloud Management, SaaS, which disrupt industries. For example, investment in AI is to reach $57 billion this year. These technologies aid business operations, help make better decisions and lead to better customer interactions. Consumers are fascinated by the benefits of these advancements, and sooner or later, businesses will have to satisfy the need.
Emerging Technologies will Need Skilled Professionals
In the future, firms will need highly skilled technologists to help maintain, manage and develop new technology. They will need AI engineers, Cyber security analysts, cloud architects, RPA developers, etc. With these quick technological shifts, it only means that it is time to work on/invest in these professions.
Technology Drives Value in all Business Aspects
Not many firms know how to utilize technology to drive value in all aspects of their business. Technology can help you in marketing & sales through SaaS, decision-making through AI machines, innovation, and product development. It also helps in research, where you get the knowledge of product development.
CTOs are the Center of Tech-Driven Companies’ Success
Chief Technology Officers (CTOs) create a technology vision to translate to quantifiable business results. They constantly scan the landscape, looking for what customers are doing, their needs, the things they could expand, and why or how to make sure there is a significant technology impact. Chief Technology Officers drive change in all aspects of a business. They ensure workforce innovation, marketing innovation, processes innovation, among others. They define the change that allows creation to outperform competitors.
Arif Harbott
Arif is a CTO, technology disruptor, and angel investor. He specializes in combining strategy with cutting-edge technology to deliver impact at speed for the modern business world. He has experience managing budgets c.$1bn+, P&L $900m+, and led teams of 2,000+ people. He has also been a founder and angel investor to multiple successful start-ups.
Arif uses a pragmatic, value-driven style to find ways that the latest innovations and next-generation technology can fuel company success to transform businesses and improve financial performance. His high-profile clients include Lloyds Bank, Morrison, The Ministry of Justice, the European Commission, and the Booker Group. You can reach out to him on;
Email: [email protected]
Website: www.harbott.com

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