Nov 14, 2024 | SMB Technology, SMB Technology, SMB Technology, SMB Technology, Technology News
We’re headed for 2025, and it’s time to consider technology spending for the next year. How will you know the best allocation of your technology dollars? Read on to learn about how to align your tech budget with your business goals. Getting Started with IT Budget Alignment A LinkedIn article presents steps to follow in planning your IT budget. A good first step is understanding your overall business goals. What do you want to accomplish in the next year, and beyond? Broad goal categories include upgrading existing systems, reallocating spending to more critical areas, and investing in new technology. How will you use trends in technology–automation using artificial intelligence, for instance–to improve processes? Your company’s goals will be unique to you, and need to be prioritized according to what’s most vital. Artificial intelligence offers great potential for increasing efficiency for your company. On the customer service front, it can automate processes like virtual chat, allowing conversational AI to handle routine questions and free up representatives for more complex tasks. Data analysis is streamlined and can efficiently provide insights. Network monitoring is improved, with automation allowing constant scans and identifying possible problems. Email messages are sorted, hence removing spam and forwarding the most important messages to the proper recipients. Assessing Your Current IT Spending What is the state of your current technological ecosystem? Are you overspending on areas you don’t need to, and underspending in more important areas? What does each element of your technology contribute to business objectives? For example, you might need to move some systems and data to the cloud for greater flexibility and...
Nov 8, 2024 | SMB Technology, SMB Technology, SMB Technology, SMB Technology, Technology News
Gartner has released a tech trends report for 2025, and automation (especially through artificial intelligence) is a keystone. While technology has great potential for companies, depending on goals, it also carries challenges. Such challenges include costs in time, money and effort; legal and ethical considerations and guardrails for use; and adaptation of the workforce to changes. Read on to learn more about upcoming trends and why they matter for your business. The Role of Artificial Intelligence Artificial intelligence has been enabling automation and enhancing creativity for several years, and is a powerful tool. It has potential for numerous industries and every sort of business within those industries. One trend, agentic AI, can help you with automation of processes, which may save costs and time, augmenting or even taking over human tasks when appropriate. Nevertheless, guardrails are needed to ensure that the virtual agents operate according to parameters set up by humans. Not only that, you will need to assess how to harness AI to help meet your business goals, and make sure that its use is in accordance with your goals. Platforms for AI governance will be another trend in technology. These platforms can help companies create and enforce policies for responsible use as well as show users how the AI systems work. For example, how do the systems remain free from harmful bias? And how to avoid disinformation? And what about those “deep fakes” we keep hearing about? You can bet that if you are using AI, so are malicious actors. They can combine pictures and audio to make it seem as though a customer...
