Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    big data analytics in transporation
    Turning Data Into Decisions: How Analytics Improves Transportation Strategy
    3 Min Read
    sales and data analytics
    How Data Analytics Improves Lead Management and Sales Results
    9 Min Read
    data analytics and truck accident claims
    How Data Analytics Reduces Truck Accidents and Speeds Up Claims
    7 Min Read
    predictive analytics for interior designers
    Interior Designers Boost Profits with Predictive Analytics
    8 Min Read
    image fx (67)
    Improving LinkedIn Ad Strategies with Data Analytics
    9 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: The 4 Industries That Can Most Benefit from Technology Innovation
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > IT > The 4 Industries That Can Most Benefit from Technology Innovation
IT

The 4 Industries That Can Most Benefit from Technology Innovation

Entech Marketing
Entech Marketing
5 Min Read
SHARE

466050467.jpgCan I just put this out there? Everyone can benefit from technology innovation. Faster, more innovative technology is going to make your employees more efficient and speed up business and customer service delivery. It’s not debatable, it’s an absolute fact. With faster, more efficient technology, the job gets done more efficiently as well.

466050467.jpgCan I just put this out there? Everyone can benefit from technology innovation. Faster, more innovative technology is going to make your employees more efficient and speed up business and customer service delivery. It’s not debatable, it’s an absolute fact. With faster, more efficient technology, the job gets done more efficiently as well. That said, some industries have more to lose from outdated technology than others. Those that aren’t updating their workstations will suffer from decreased employee efficiency and maybe higher turnover as a result, but there are a few industries that can benefit even more than professional services from innovative technology. Here are just a few of them:

  1. Manufacturing
    If production stops, your ability to make money is halted as well. For manufacturers, their designers have to be able to use software and their production team needs to be working constantly to deliver products to their suppliers and customers. Technology is important, but how important is innovating that technology? It can mean the difference between delivering more units and increasing to your sales goals this year. For example, if a widget manufacturer produces 500 units in an hour and is able to get a piece of software, faster machines or equipment that allows them to double that production – they’re effectively doubling their revenue. Of course, this is a very basic example, but seconds are important in the manufacturing industry, so make sure that your technology isn’t wasting a moment.
  2. Construction
    Efficiency on the job site is critical for construction companies to deliver on the right timeline and budget. The right technology can not only help construction organizations communicate efficiently from administrative office to job site, but also speeding up the bidding and planning process. BYOD, the cloud and a few of the right construction technology applications can work together to set an innovative construction company apart from its competition.
  3. Medical
    Technology innovation for the medical industry is a must, particularly because HIPAA is a regulating body that requires certain minimum IT security and machine standards. But beyond that, innovative technology means happier patients, less time on the phone and significantly less time in the waiting room and processing paperwork. Whether you’re integrating mobile devices in the exam room or using apps to make your exams more efficient and patient-friendly, there are so many things that can be done to innovate your technology in this industry and set yourself apart from your competition.
  4. Hospitality
    From the hotel industry to restaurants and beyond – your technology is going to ensure that your customers have the best possible experience. That means easy check-ins at your hotels and more efficient use of your workstations across the board. The buzzword this year has been customer experience, and nowhere is that more important than in the hospitality industry, where reviews can make or break your business. What does innovation look like here? Mobile ordering can make a server’s life more efficient and eliminate mistakes since orders are taken and put in at the same time. Automated check-in for hotels and resorts with an application for spa bookings and to view the status of their reservation are just a few ways that technology innovation is changing the game for this industry.

There are two options – innovate or remain stagnant in your technology. While you’re considering it, more and more of your competitors are implementing improved systems and applications that can set them apart and make their employees and customers’ lives easier. While these industries, in particular, can definitely benefit from innovative technology, the fact is that it’s not limited to these few. Innovating your technology provides a boost in efficiency that seriously contributes to your bottom line, the experience of your customers and your employee satisfaction.

What are you waiting for? Don’t you think it’s time you did something about your technology situation?

More Read

New Generation of Location Analytics
Netsuite SuiteWorld 2011, Making ERP Social
Decision Management: Business Intelligence’s Missing Piece
3 Ways ‘Big Data Analytics’ Will Change Enterprise Performance Management
Predictive Analytics World New York City Conference Announces Speaker Line-Up

Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

AI role in medical industry
The Role Of AI In Transforming Medical Manufacturing
Artificial Intelligence Exclusive
b2b sales
Unseen Barriers: Identifying Bottlenecks In B2B Sales
Business Rules Exclusive Infographic
data intelligence in healthcare
How Data Is Powering Real-Time Intelligence in Health Systems
Big Data Exclusive
intersection of data
The Intersection of Data and Empathy in Modern Support Careers
Big Data Exclusive

Stay Connected

1.2kFollowersLike
33.7kFollowersFollow
222FollowersPin

You Might also Like

Are Video Streams Overflowing, And Will You Pay For It?

6 Min Read
Image
AnalyticsCloud ComputingCommentaryITOpen Source

A Two-Stage Approach to Financial Return for Data Lakes

6 Min Read
big data crisis management
AnalyticsBig DataData ManagementITNewsPredictive Analytics

Big Data: A Natural Solution for Disaster Relief

5 Min Read

Hackers and Honeypots: Getting Things Done

6 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

giveaway chatbots
How To Get An Award Winning Giveaway Bot
Big Data Chatbots Exclusive
AI chatbots
AI Chatbots Can Help Retailers Convert Live Broadcast Viewers into Sales!
Chatbots

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?