Technology’s advancement has sky rocketed in the past few years, faster than ever before. Nowadays, almost every business is online and that wouldn’t be possible without superior technology to provide support. Technology has vastly improved the workflow and the amount of work people are able to do in short periods of time. Furthermore, technology has spread to each industry and has improved them tenfold.
Every time technology makes a step further, businesses are sure to follow. The main reason lies in the fact that technological innovations always bring new improvements and fresh ways of doing things that businesses can fully capitalize on. Moreover, new technology simplifies things, especially in the business world, allowing businesses to do things far more easily than they could two decades ago. Here are a few ways technology has helped us develop online businesses.
The Internet was released to the public back in 1990, but it wasn’t until 1994 that it was fully commercialized. Today, all businesses heavily depend on the Internet and fast Internet connections. In the early days of the Internet, people had the amazing opportunity to test their patience with dial-up connections that used public switched telephone networks (PSTN) to connect to the Internet service provider (ISP), which packed a whooping speed of 20 – 56 kbit/s.
To compliment the speed of light connections, people had to endure the wounded cyborg moose on its dying breath noises that dial-up modems made. It wasn’t until 2000 that people’s suffering came to an end with the standardization of broadband connections. Today, businesses utilize on cable Internet access with an average speed of 400 Mbit/s which is a step-up from dial-up. With such high speed internet connection, businesses are able to send and receive data in real-time across the globe, while also able to operate from any location in the world at all times.
Stronger and faster computers
Computing powers have come a long way since the first commercial computer, the Ferranti Mark 1, was released in 1951. Nowadays, a simple smartphone has more computing power than the world’s earliest supercomputer. In a short period of time, technological advancement has led to the vast evolution of both hardware and software. Today, we can see the use of Artificial Intelligence and virtual reality in businesses, all thanks to stronger and faster computers.
Businesses today are able to process huge amounts of data and complete immensely complex tasks, while using processed information to create advertisements, marketing campaigns and analytics for future projects. Not only that, the new age of computers has also enabled people to store data in digital formats, thus making paper obsolete. Early versions of hard drives were the size of two medium-sized refrigerators and could store up to 3.75 MB of data. Now, hard drives store up to 12 terabytes of data and can fit into the palm of your hand.
Remote access and online work
Businesses have evolved to the point where you no longer need to be present in an office in order to get the job done. Many businesses utilize the opportunity technology has brought, that helps them hire employees from all over the world and not just in their vicinity. People can work for big or small companies that are not even on the same continent, let alone in the same country, without leaving their home. Nowadays, working online is possible due to the faster Internet speed and stronger computers that technology has made available to us.
Someone somewhere thought about how to make money online easily, and came up with a solution. Now, people use the web to find freelance jobs online or start their own business from home. On the other hand, businesses are also utilizing the potential of online connections to hire employees through remote access. That way, top talents from some distant country can work for an organization without actually having to be physically present in their offices.
The evolution of visual content
The progress of visual content, such as website design, pictures, videos and so on, has gone toe to toe with the advancement of technology. People are visual creatures and they prefer to include quality visual content in their browsing experience. Businesses today are very well aware of the power of visuals and they tend to implement them as much as possible, to improve the effects of their marketing campaigns. Back in the day, the high use of visual content simply wasn’t possible.
Just imagine a high end website that has all kinds of visuals ranging from high-definition images to augmented reality video presentations twenty years ago. That website would still be loading today on a dial-up connection. Technology has enabled people to create and process images on a whole new level and create high-resolution video material. Businesses today utilize the full potential of high quality visual content to provide the best experience possible for their customers, and win them over of course.
Technological advancement has helped improve how businesses operate and do things. With all the innovations that technology has brought about, businesses are able to step up their game and deliver more work, more completed tasks and more services than ever before.