We are at a critical age in the business world. Technology is reinventing how we do business, disrupting tasks, changing forms of communication and optimizing results. Investments in powerful technologies are skyrocketing and companies are competing over good technology. The COVID19 pandemic hit businesses in the core and organizations that had little investments in technology were the most harmed due to their unpreparedness for such crisis. The question lies, for digital leaders, where to invest now? What technologies to equip your organizations with to help you cope with crisis?
Why Tech Investments Matter?
The corona virus outbreak had a huge influence on business which made organizations reconsider their investments. What was the factor that ensured business continuity? Yes, it was and still is technology. As a matter of fact, businesses who had poor technology infrastructure suffered significantly in the unexpected lockdown that paralyzed some businesses. It is of vital importance for all types of businesses to have a clear digital investment strategy for Covid-19 has changed the way we live, work and interact.
Where to Invest Next?
It is very necessary for businesses to clearly identify the areas they need to invest in after this global pandemic as it shaped the whole workflow. The decisions taken now by companies will elevate their capability to adapt to the new normal and most importantly easily go through future crisis. Technological capabilities are what ensure business continuity against all odds.
So where should companies invest next?
- Cloud Computing: cloud computing is a revolutionary technology defined as “the on-demand delivery of IT resources such as compute, databases, and storage via the Internet”. Which means you do not need physical data centers or servers which boosts IT capabilities and helps build secure infrastructure for remote work. Moreover, cloud computing can help your business reduce cost, ensure security and widely scale.
- AI and Machine Learning: This is a huge field for businesses to invest in especially in a post pandemic as the need for smart machines is hire on demand. AI and machine can help businesses in a variety of ways through driving customer engagement with chatbots, improving business decisions through analytics and predictive analysis. AI and machine learning are providing in depth data analytics to choose their next product line, invest in new markets and target new customers.
- Automation: Automation is a powerful tool that increases business agility and adaptation, decrease unnecessary costs, improve precision and deliver customer/employee satisfaction. It gives companies the ability to get rid of redundant tasks and give employees more space for innovation and creativity. Moreover, it had played a key role in companies’ adaptation to the pandemic by facilitating internal affairs.
- Low-Code Technology: Low code powered technology facilitate business processes and build applications with minimal to no coding. Today, all types of employees can create business applications with low-code due to its simplicity. The benefits of such technology are speed and agility where you can drag and drop features that would help you solve a business problem. It allows companies to respond to abrupt business changes by quickly developing digital initiatives that would help satisfy the business need. Moreover, low-code is cost efficient due to its minimal need for coding which gives business solutions at very low costs. Employees can create and deploy complex and intelligent systems with trainable AI that would help gather content of all types in a fast and cost-efficient manner.
Intalio your Forever Partner in the Process.
Intalio has been a leading provider of Digital Transformation Solutions for 30 years with countless innovations in Content Services, Process Services, and Data Governance.
How Can Intalio Help you?
At Intalio we believe in the power of technology to transform any business and we strive to provide our customers with world class technology to help solve their business problems, ensure business continuity at all odds and help them elevate their capabilities for the long term. We provide the best AI and machine learning, automation and low code technologies that will help will drive valuable return on your investment.
The world after Covid-19 will never be the same, we see through the future and acknowledge what is needed!
Do not fall back and stay ahead in your game! Reach out to our tech leaders.