Why the Slow Adoption of Wireless Technology?
According to a recent survey of IT directors, more than two-thirds of businesses have no plans to implement wireless technology.
In 2017, TomTom Telematics’ Senior Managers Report was asked about slow business adoption of wireless technologies. Many responded that they were “not quick” to take up technological innovations in their businesses. Surprisingly, one in five responded that companies are not yet confident wireless technology has developed sufficiently for business.
WHAT ARE THE CHALLENGES?
The spectrum of emerging innovative products available can be overwhelming. The prices of introducing technologies and training personnel may be challenging to justify, especially for small and medium-sized enterprises.
Indeed, according to the TomTom Telematics report, 36 percent of respondents cited cost as the most significant obstacle to technology adoption. The challenge of implementing new technologies came in a distant second with 16 percent.
Furthermore, determining which technology is viable to change our daily routines and add real value to internal operations is quite a challenging task. Everyone wishes to be quicker in implementing technology. However, being on the cutting edge poses challenges for every company.
Furthermore, wireless technology looks less secure than cable (fibers and Ethernet) connections and is more likely to experience attacks. While wireless technology has its inconveniences, we cannot altogether avoid it. When deployed and used effectively, it is an invention that can lead to a substantial rapid return on investment for a company that looks beyond the short-term pain of any initial outlay.
WHAT MEASURES SHOULD BE TAKEN?
It is evident more education is needed to educate business owners on how to harness the full benefit potentials of merging wireless technology with their business.
Waiting to incorporate technology can cause a company to lose ground, but a slightly conservative approach reduces the risk. The key is not to fall too far behind.
Lee Penson, the founder, and CEO of Penson, the innovative architectural company behind Google’s inflatable office space, contends that investing in technology should be a “no-brainer”, done wholeheartedly and in a culture-changing manner. “Technology has the ability to unlock potential, give you freedom, and allow you to fly,” he says.
Mr. Penson believes quick wins quickly compensate seemingly prohibitive costs and uncertainties of technological adoption. If a company invests wisely, even in simple technology, it can immediately improve employee motivation and appeal to potential customers and employees. However, it is essential to ensure the workforce is adequately prepared to take advantage of the benefits of new technology.
If you want to transform your business, invest heavily in technology because it will vastly expand your global scope. However, you must be dedicated. There is no point in taking the leap if you do not fully use the technology at your disposal.
TOP BENEFITS OF WIRELESS TECHNOLOGY FOR BUSINESS
GAINING A COMPETITIVE ADVANTAGE
Wireless technology can increase efficiency by speeding up the flow of information. Also, it harbors a guaranteed exposure to the global scope.
QUICK RETURN ON INVESTMENTS
Even though a few break-even intervals are predicted after implementation, new technology has generally demonstrated a quicker return on investments.
Some costs are saved by shortening and speeding up various processes and procedures. Moreover, wireless technology requires less cabling.
IMPROVED CASH FLOW
Faster information and knowledge flow accelerate cash flow.
This refers to improving customer interactions, for instance, through emails, service feedback, etc.
Employee empowerment includes information sharing and increased front-line data access.
Wireless technology encourages more timely and reliable management reporting.
Wireless technology incorporates cutting-edge encryption technology, making it highly secure. It will still be vulnerable to attacks, but strong passwords and suitable hardware and software can help businesses avoid these.
GET THE GUIDE
Wireless technology is ready, and there is no need to keep waiting for 5G or the next-generation high-speed wireless transmissions. At Kraft Technology, since 1992, we’ve been offering the best IT support to keep your business healthy and maximize productivity. Our experts are equipped with professional cybersecurity practices to help information security and allow your employees to do their jobs efficiently.
For IT managed services, strategic consulting, co-managed IT support, Digital transformation, cybersecurity solutions, and cloud technologies, feel free to contact Nashville’s best IT Company, Kraft Technology Group.
Brian Gray, MCP, is the President at Kraft Technology Group, LLC (KTG), an affiliate of KraftCPAs PLLC. Within his role, Brian is responsible for all aspects of service delivery to our clients. Brian has a decade of experience working for managed service providers. He has worked with clients in a variety of industries, including financial services, accounting, legal, healthcare, manufacturing, and retail.