Is Your Business Making the most out of technology?

When you think of the word vital, what comes to mind? Life-giving fluids, such as blood and oxygen? The way your heart, lungs, and brain all work together to keep you alive? The word vital can be applied to more than just the human body; it can also be used to describe the lifeblood of your business – its technology infrastructure. Just like your organs and circulatory system help keep you alive, every piece of hardware and software you use to run your business plays an integral role in keeping it vital as well.

1. Enterprise software

Enterprise software is designed to help manage and operate your business seamlessly. These types of applications are used to improve internal and external communication and overall productivity. Since enterprise software can be costly, some companies choose to outsource their implementation and maintenance. With a company like Taris Technologies, your business can effectively work with IT specialists and consultants to get a customized solution in place as soon as possible. This will allow you to focus on growing your business while we take care of managing our technology. No matter what industry or vertical market your business falls into, there’s enterprise software that is tailored just for you. Implementing an enterprise application can reduce downtime and increase efficiency by automating mundane tasks, allowing employees to spend more time focusing on other pressing matters. From a logistics management system to CRM programs, the tools are there for your business if you’re looking for them. You’ll want to find one that fits your specific needs so it doesn’t become obsolete within months of implementation.

2. SaaS Software

Software-as-a-Service (SaaS) applications are quickly becoming the new norm for businesses looking to streamline operations and remain competitive. You don’t have to invest in one piece of expensive equipment if it doesn’t suit your needs; with Software-as-a-Service solutions, you only pay for what you need when you need it.
With these kinds of solutions, enterprises can not only enjoy cost savings but also meet industry regulations without worry because they’re centrally managed through the cloud. Furthermore, since everything is accessed online, there’s no heavy hardware to install or data centers to build. As a result, SaaS cuts the manual work to a large extent while still delivering an enjoyable user experience.

3. Business Intelligence & Analytics

Business intelligence and analytics help analyze data and discover key insights within it. Analytics software helps to analyze raw data from a number of sources, turning them into useful information that can inform day-to-day business decisions. For example, retail chains are increasingly looking at analytics for supply chain planning and allocating stock levels, but it’s also becoming a valuable tool for insurers to assess risk and identify opportunities for fraud. Banking institutions have been using BI and analytics as an asset management tool for a long time, as well as assessing customer behavior and understanding customer needs better.
The finance industry is beginning to use this type of analysis in developing innovative new products, such as automated financial advice systems that offer personalized guidance based on user input or other criteria.

4. E-commerce & Online Marketplaces

Amazon, eBay, and Alibaba are marketplaces that you probably already know about. They’re particularly popular among companies in your industry since they offer a ready-made platform for reaching new customers. If your business has access to inventory to sell, it can be a great way to increase revenue through existing channels or create entirely new ones with little effort or investment. Whether you’re just getting started or looking for ways to grow, online marketplaces can be an important tool in your marketing strategy. It’s worth researching whether these sites are appropriate for your products and understanding their strengths before deciding on a strategy. For example, if you’re offering services as opposed to products then there may not be much point in launching on a marketplace like Amazon which is primarily retail-oriented, but there may be more opportunities on other platforms like Etsy where makers of handmade goods often find success.

5. Cloud services

If your business is looking to expand, it may be worth considering cloud services. Cloud services make your web content secure and light—meaning your customers can enjoy a better user experience while you don’t have to worry about any infrastructure investments. In addition, they will help you build a seamless tech infrastructure that’s able to scale with your needs. With their ability to offer an affordable monthly subscription fee and no upfront costs, cloud services are an easy way for businesses to grow without breaking the bank.