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5 Tech Upgrades to Consider Investing in before the End of the Year

Jimmy Rohampton, @jimmyrohampton
09.07.16
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Technology is always a tricky subject for businesses. It has the potential to make your company run faster and more efficiently. Like with the majority of companies, most CEOs will have to set aside significant sums to perform an upgrade that resonates throughout the entire company.

But some investments are too good to miss out on. They can help you get an edge on your competitors. This guide is going to go into which tech upgrades you should consider investing in before the end of the year.

Invest in Your Cybersecurity
Cybersecurity is one of the leading topics of discussion today. The number of attacks has risen, forcing many small businesses out of their industry entirely. The problem is most CEOs don't worry about cybersecurity until something happens. But acting only after the damage is done could cost you thousands of dollars, including irreparable damage caused to your reputation.

Investing in tackling cybercrime will enable your company to stay up and running. Make sure you have the latest anti-virus systems and concentrate on bringing in services like automatic backups.

It might even be worth bringing in a professional to audit your company and make recommendations as to what you should do next.

Start Investing in a Mobile App
Mobile apps are becoming more popular. Some studies have said that they're even starting to replace the Home screen on most smartphones as the default entry portal. Mobile apps have the potential to completely revolutionize the user experience. With half of all users now accessing the Internet exclusively from mobile phones it makes sense to start thinking about this now.

Think about the extra functionality you can add via a mobile app. For example, if you run a lending company you could implement a feature that allows people to easily find logbook loans near you. Such functionality would only be available via the mobile app.

The number one piece of advice in creating a great mobile app is to make sure it isn't just a copy of your mobile website.

Think about a Dedicated Customer Relationship Management Solution
The relationship you have with your customers has never been more important. Your customers are the top priority within your company. Once you've got them into your company you need to work hard to keep them there. The majority of your future revenue will come from repeat business, so you need to make sure that you've got a solution to easily manage your customers.

Dedicated customer relationship management software can make it easy to organize the information you have on your customers. It can also identify potential customers and help you to improve your level of service.

Think about Picking Up Automation Services
Most of the day will be spent on tasks that can be fully automated, or at least semi-automated. Getting rid of many of the menial tasks within your business can hand you back whole days of work time over the course of a year. There are now more ways to automate your business than ever before.

For example, you can automate your social media campaigns through inputting the entire week's posts into a piece of software. That software will post your new content at the right times without your input. It can save you a lot of time and effort.

Have You Upgraded to the Cloud?
The cloud is one piece of technology that can change the game for your company. Cloud computing can give you access to your files from absolutely anywhere. It's easily scalable and the security levels are high. Businesses that have upgraded to the cloud have streamlined their operations and reduced costs by using it.

There are a lot of myths about the cloud, but you shouldn't allow them to put you off this much needed tech investment. You can easily pick up a small cloud computing solution for just a few dollars every month.

Conclusion
These five tech upgrades will improve your business and help you to reduce costs. The learning curves are relatively gentle and can be picked up in a matter of weeks. Implementing these upgrades within your company could have a massive effect on your business's performance.

What tech upgrades will you invest in this year?

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
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