Five Tech Trends that are Driving Today’s

Businesses

2. social media

3. cloud computing

4. Business analytics

5. Risk intelligence

1. moBile computing

1. moBile computing

Increased decentralization and globalization in the business

world have naturally given rise to mobile computing.

As employees are increasingly out of the office, whether working at another site within their company, at home, or visiting clients on the other side of the world,

Companies have had to find tools to allow them to stay

plugged in no matter where they are.

2. social media

Although social networking is often simply considered a way

to interact with one’s social circle, social media should not be

overlooked as a business tool.

Businesses are, at this point, well aware of networks like Facebook and its billion users and are taking advantage of social media to publicize their activities and connect with consumers.

3. cloud computing

The ability to transfer electronic resources to the

Cloud

is fundamentally transforming how daily business gets done.

The Cloud is not only being used to virtualize IT systems and provide instant access to the latest, most powerful technology, but also to encourage new practices such as remote collaboration.

thanks to the cloud, employees can now work simultaneously on shared documents and applications from any location and any device in real time.

4. Business analytics

There is no question that the abundance of information available to companies—like online sales figures—is extremely valuable.

Nevertheless, the proliferation of data presents a major challenge: how can companies organize, compile and interpret this data in order to use it to their advantage?

5. Risk intelligence

Risk management has become an integral part of

corporate governance.

As a discipline, risk management is made possible by technology designed to streamline and utilize this information for practical purposes.

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