Today, technology is an important weapon in the arsenal of a business. Technology is a key component of a company’s business strategy, irrespective of the industry. However, due to the proliferation of so many technologies like AI, blockchain, different types of web development frameworks etc, business owners often find themselves wondering which ones to choose for their business. Are you a business owner who wants to use technology to meet your business goals but do not know how to choose the right technologies? This ultimate guide is intended to help you choose.
Choosing the right technology for the business depends on various factors. Let us discuss these factors in detail.
This is perhaps the most important factor in choosing technologies, especially for e-commerce and financial services businesses that store a lot of confidential customer data like credit card details, account passwords etc. You need to ensure the software that you create for your business has robust security mechanisms in place to avoid data theft.
2. Business needs
Analyze what your business needs are. Make a note of what technologies you already have, and which ones need upgrades. Or which technologies would you need to bring onboard to meet your needs.
3. Financial model
You need to analyse how you wish to make money. Are you going to follow the Target financial model that depends on reaching out to a large customer base for profitability? Or are you more of a Mercedes Benz type and choose to target a specific group of customers?
You need to choose software that not only meets your requirements today, but can also be scalable to meet your requirements in future. This means the software should be created in a way that it will grow along with your business.
5. User experience
The technology should be user friendly. Your staff should be able to learn how to use it easily. If the software is to be used by your customers, then even they must find it user friendly and convenient to use.
6. Bring on board a trusted IT consultant
Notice I used the word ‘consultant’ and not ‘vendor’. A good step in incorporation of technology into your business is to entrust the whole process to a trusted IT company, that is more of a consultant than just a vendor. You and the consultant need to sit down and discuss all the business requirements and select the right technology together. A ‘vendor’ would not exactly be an equal partner in your quest to meet your business goals, whereas a ‘consultant’ would be a strategic business partner.
The challenge is even more daunting for new entrepreneurs, who face the challenge of getting the right technology, the right expertise to implement the technology and the money required to spend on it. All this in addition to other aspects of the business like marketing, finance, admin etc.
Acropolis simplifies the technology selection and implementation process for clients by being a strategic partner throughout the engagement, right from the requirements discussion phase to after sales support phase. Are you burdened by the technological aspects of your business? Acropolis comes to your rescue! Entrust all the technological heavylifting to us and focus on the other equally important aspects of your business. Contact us right now to have our technology experts at your service! All you need to do is have a detailed discussion with us about your needs, and upon your approval of our recommended solutions, we will deliver quality software that will help you exceed your business goals! And at affordable rates too! Even better, our services are available to businesses anywhere in the world! We cater to clients from US, UK, Australia, Germany, France and many more countries!