Author: Robert Cordray

About the Author: Robert Cordray is a freelance writer and expert in business and finance. With over 20 years of business experience, Robert is now retired and hopes others can benefit from his writing.

Good Business Technologies to Adopt in 2018

Most companies that are working in both domestic and international markets know that due to a variety of business cultures existing, it is very possible to see several competitors to your own efforts spring up within the course of a single year.  The reason that competitors are able to take you on so directly is that it is easier for them to create products and enter markets due to enhancements in technology.

 

So if you want to continue to build your firm so that it is resilient in the face of savvy competition, it is important to continue to adopt new business technologies that can help you.

 

Here are some business technologies that should help make a difference in the bottom line at your company:

 

Coding platforms:

 

Ever since some Uruguayans got together and put a product out that required almost no sophisticated coding to build a program, software companies have been trying to create a more convenient software development platform.

 

For most people, that means creating another layer to the old object-oriented programming systems and getting very detailed about how each piece or feature that can be created is put together.  The net result is often known as a low-code platform, a software development system that doesn’t require as much coding experience to leverage.  One benefit for many software professionals is that it eliminates tasks that are routine and need to be repeated often.

 

Another positive for companies that are adapting it is that most systems that have been developed take the latest development methodologies into consideration.  So whether you are using an old form of agile development or a new branch, you can normally use this type of platform to build your application.

 

3D Printing:

 

Although 3D printing has been around for over a decade, it is now just getting to the point where it is reaching critical mass in the marketplace.  The biggest benefit to companies that purchase a 3D printing platform is that they can start to create prototypes from printouts.

 

Which means that if you need to have a part machined but you don’t know what it will act like, you can simply print it out and test it using a form of plastic material.  Of course, there are other substrates that can be used with 3D printing.  Concrete houses can now be 3D printed as they have shown in England and in China.  Pizza can be 3D printed as they have demonstrated in San Francisco.  So if your firm is interested in rapid prototyping capabilities, a 3D printer will save you time and money.

 

Fulfillment Robots:

 

There has been a lot of talk about the Amazon testing program for airborne drones that could deliver packages. That is something that is still up in the air when it comes to being of use to other companies that have their own deliveries to make.

 

On the other hand, Amazon has invented fulfillment robots that are giving them one of the strongest historical advantages in the warehouse market ever.

The robots work by being able to recognize where they need to go on the warehouse floor to pick up a shelf that includes boxes of product that have been ordered. The robots are smart enough to avoid other robots, while they are also able to minimize the time that it takes to fill a detailed order by optimizing the pickup location.

 

As each part of the order is retrieved and brought to a human that actually fills the order, there aren’t any real mistakes that are being made when the orders ship out. So if your company is interested in creating added value in your warehouse, it is a good idea to start looking at the robot market.

 

Integrating technology into your business can be risky when you are an early adopter. But when you see trends developing over a number of years and solid uses for the products that are driving that change, it is probably a good idea to look at adopting it for use with your business.