Do you stay up to date with changing technology? Do you have an idea of what the technology landscape will look like in the next five to 10 years, or are you in the dark?
Technology is constantly evolving. To avoid being left in the dust by your competitors, your organization needs to keep up with these developments. This is where tech acceleration comes in.
Effective tech acceleration, in a nutshell, intelligently improves the technology your employees rely on in a way that considers the future and helps your organization achieve its long-term goals.
Why Is Keeping Up With Evolving Technology Important?
It’s crucial to keep a finger on the pulse of technological changes, as they can significantly impact your business. Here are just a few reasons why keeping up with evolving technology is critical to your organization’s success:
- Integrating all necessary tools saves time and effort while increasing overall efficiency.
- Streamlining your technology and processes improves the employee experience and boosts productivity.
- Removing obsolete technologies that no longer receive critical security upgrades can improve security.
5 Elements of Effective Tech Acceleration
But before you bring new technology solutions and products into your infrastructure, there are a few things you need to consider for tech acceleration to be beneficial in the long run.
1.) Think Long Term
Technology adoption has increased at breakneck speed thanks to the pandemic restrictions of the past two years. This quick implementation helped many organizations remain relatively unscathed through the use of remote work and other collaborative solutions.
However, now that we’ve had time to adapt to this “new normal,” it’s clear that brisk change isn’t always beneficial to long-term success.
While these technology upgrades helped SMBs stay in business during the chaos of 2020, they also resulted in hiccups ranging from integration challenges to limited long-term value.
That’s why the time is ripe to prepare for the future by adopting smart tech acceleration. Smart tech acceleration requires thorough examination and assessment to evaluate whether your present systems are advanced and integrated enough to support your business objectives not only in the present, but over the next five to 10 years as well.
2.) Evaluate Previous Technology Investments
Examine your tech acceleration investments from the previous year to identify where you need improvements. It’s critical to assess whether prior investments have served your long-term vision and goals. Only then can you determine whether or not your acceleration is on the right track.
3.) Establish Benchmarks To Monitor Your Progress
What is the status of your tech acceleration environment? If it isn’t meeting your expectations, look at what other firms are doing differently to achieve better results. Consider what changes you can make to improve your organization’s performance and align it with your vision.
The metric used to monitor the progress of your tech acceleration initiative should consider:
- Levels of cybersecurity
- Customer experience
- Employee experience
- Technology integration across the organization
And so on.
4.) Consider the Total Experience (TX)
Total experience (TX) is defined as the combination of customer and employee experiences (CX and EX).
TX improves the overall experience by breaking down silos and integrating technology with your employees, customers, and users. It focuses on addressing both customer and employee needs to produce more meaningful long-term business outcomes.
Experts estimate that by 2026, 60% of large enterprises will use total experience to transform their business models and achieve world-class customer and employee advocacy levels. (Gartner Report: Future of Work Trends)
5.) Commit to Integration
Individual solutions that don’t integrate (or that your company doesn’t commit to integrating) will not serve you in the long run or help you scale. Among other benefits, systematic integration unifies customer and employee experiences, thereby reducing the risk of error, increasing efficiency, and providing opportunities to automate repetitive operations.
Collaborate With SOL-I.S. for Successful Tech Acceleration
If your organization doesn’t invest in smart tech acceleration, you run the risk of letting your competition overtake you in the market. It’s time to say goodbye to short-term fixes that aren’t helping you achieve your goals. Now is the time to upgrade your IT ecosystem to help you achieve greater productivity and operational success for the long term.
SOL-I.S. can help you fine-tune and manage your technology infrastructure to ensure it’s moving you towards your long-term goals and vision. Contact us today for a no-obligation consultation to see how we can bring effective tech acceleration to your business.
Want to take a deeper dive into this concept? Click here to download our eBook, “Smart Tech Acceleration for SMBs: 5 Ways to Invest Wisely in Technology that Supports Long-Term Organizational Goals”.