Know these 6 Benefits of Technology to have an upper hand in Your Workplace!
We can find many benefits of technology in the workplace that can upgrade your work experience and help you be more productive and successful. Here are 6 key ones!
- Mobilize Automation Technology for repetitive tasks
According to a McKinsey survey, 40% of workers say that they do repetitive tasks in the workplace such as data entry. In this case, it is better to exploit technology and use it. We can use automated technology to our advantage to do these repetitive tasks, for it is more accurate with almost 0 margins of error. This type of technology can collect, upload and sync data. It can save us valuable time and energy that we can harness to do other demanding tasks that require more attention. For example, we can use the time saved to search for more clients.
- Reduce Costs with Remote Work
Some companies use remote work to reduce their utility expenses. For instance, some employees work from home using their own equipment and computers; and fewer offices are then required. This procedure helps your company to save money by not paying for property taxes or rent, Internet connections, equipment, electricity, air conditioning, and drinking water. For example, American Express claimed that they save around 10 million US dollars yearly in real estate costs. Furthermore, since the COVID-19 outbreak, many businesses encouraged their employees to work from home.
- Higher employee productivity and satisfaction
Once the tasks become easier for employees by providing them with specific tools and technology, they will be more efficient. Moreover, by letting them use the best ways that work for them, they will be happier. With better employee performance, businesses could guarantee higher quality and quantity for their products and services which leads to better profit margins. In addition, happier employees tend to be loyal to the company for the long term rather than going to work for the competition.
- Provide better services for your clients
Workplace technology has enabled businesses to better market to their customers and provides quicker and more personal customer services. From using data to determine where to place targeted ads, to engaging in social listening to uncover customer pain points, to instant service via live chatbots or automated emails. There are nearly boundless opportunities for technology to improve your business, such as providing a better user experience and satisfying your clients in the best way possible. This can go a long way in differentiating your brand, leading to increased long-term loyalty and revenue.
- Hire more people with remote jobs
Remote work policies help companies break down talent barriers by leveraging a wider pool of candidates. Before the advent of remote work, employers were effectively limited to hiring talent already in the area surrounding them or looking to relocate for the job. But that usually meant having to reimburse moving costs, dramatically increasing the cost of being able to rent a new business. Today, companies can attract and hire the best talent and industry professionals with attractive remote work policies, regardless of where they live.
- Improve security
As cybercriminal attack techniques increase in volume and complexity, organizations need to employ advanced security measures to prevent network and system intrusion, to prevent costly data breaches, or worse. What’s more, nearly nine out of ten, or 88%, of all data breaches are caused by human error, so technologies such as antivirus programs are needed. Furthermore, there are training programs that help employees learn how to use specific technologies that can fight cyber threats.
So, why is it important to keep up with technology? As you may know, technology is constantly evolving. Its benefits impact almost every aspect of a company from sales and marketing to accounting and human resources. Thus, it is advised to stay updated and not miss out on all the new developments that this sector is doing. Besides, knowing and understanding these technologies can help you adapt easier to all the changes resulting from their evolution in the workplace and in everyday life.