NoruRazak

Noru Razak

The Importance Of Mobile Technology In Our Life As An Entrepreneur

The Importance Of Mobile Technology In Our Life As An Entrepreneur

 First of all, what is mobile technology? Mobile technology is the type of technology that goes where the user goes. It consists of portable two-way communications devices, computing devices, and the networking technology that connects them. Nowadays, mobile technology is typified by internet-enabled devices such as smartphones, tablets, and watches. These are the most recent additions to a lineage that includes two-way pagers, notebook computers, mobile telephones (flip phones), GPS navigation devices, and other devices. There are four main types of mobile networks in mobile technology such as cellular communication, 4G networking, WiFi, and Bluetooth connection.

Wireless technologies refer to the communication networks that connect these devices. They enable mobile devices to share voice, data, and mobile applications. Mobile technology is pervasive and growing. In most cases, it is impossible to imagine a typical workday without these activities and technology affordance. Specifically, mobile activities. Mobile technology is about to transform the world of business in various ways, but several organizations recognized the need in that case. According to consumer perception, mobile is a huge trend that can be easily identified. In the coming years, mobile technologies will significantly expand business areas and environments.

Mobile technology is one of the industry’s technologies that can assist entrepreneurs in developing profitable businesses. Entrepreneurs can use mobile technology to launch new businesses in a variety of ways. Firstly, the recent massive growth of smartphones and tablets has given rise to the mobile application market. It allows new types of entrepreneurs to enter the rapidly growing mobile application market, bypassing incumbent operators and minimal capital. For example, several types of smartphone and tablet companies such as Apple Inc, Samsung, Oppo, and others have made a huge profit by selling mobile phones and their accessories. Smartphone companies can attract customers by producing more sophisticated smartphones in keeping with the latest trends. Also through smartphones and tablets, consumers can install all types of applications and they have the capability of performing many tasks that their computer can. A consumer can access the internet, write emails, and send documents whenever and wherever they are.

Next, project management systems use mobile technology. Implementation of project management systems, workers no longer need to be in the same office to share their ideas. Whether at the corporate headquarters or working from home, you and your team can create checklists, appoint tasks, set goals, and monitor progress, all in one application. Businesses that are using project management software are more likely to be more efficient and can save time and resources.

Better customer experience. With the rising importance of mobile devices, businesses are constantly looking for new ways to improve their customers’ experience. Businesses can now reach customers anywhere using mobile apps. Customer service standards have increased a great deal. Businesses can instantaneously answer customers’ doubts and requests. Such interactive methods help in maintaining clear communication. Better interactions engage users which is why mobile app developers are creating web interfaces based on anticipated users’ behaviors.

Mobile technology has also enabled companies to expand their workforce to a global network.

        Enhanced collaboration within the workplace. Mobile technology has also enabled companies to expand their workforce to a global network. Mobile devices remove communication barriers because it allows employers to collaborate from anywhere in the world. Smart mobile devices made it possible to carry out teleconferences, online meetings, and video calls so entrepreneurs and workers from different locations can participate in the discussion as if they were physically present. Wherever they are, members of a team can now exchange their viewpoints as if they were physically present at the office. This capability offered by mobile phones facilitates better collaboration among all the employees and also helps in improving their productivity.

         Optimized business operations. The mobile trend has enhanced and streamlined business operations, speeding up processes and increasing accuracy and quality. Thanks to mobile technology, it is easier to exchange emails, send and receive invoices, track expenses, share files, and more. Mobile technology has made production and distribution processes faster and more efficient. Mobile commerce, the buying, and selling of goods through mobile devices have completely changed global trade. eCommerce over mobile gadgets has spawned a wide range of products and services. For example, mobile marketing, and advertising. In the context of mobile technologies, mobile marketing, and advertising run exclusively on mobile devices. In the nascent days of mobile advertising, companies did not think it was worth the ad spend. There was also a technical problem with designing ads that displayed well on small screens. But after it became apparent that mobile advertising had greater reach than traditional broadcast advertising, marketers began shifting more ad budgets to mobile marketing. Today, Google and Facebook earn more revenue from mobile advertising than other channels.

Furthermore, mobile technology also helps entrepreneurs do better marketing strategies. The growing use of mobile phones has led businesses to develop more effective marketing strategies. Many of them have incorporated the use of beacons in their day-to-day activities as a strategy to make sure that customers can access personalized information about items and offers on their mobile devices. These improved marketing strategies enable businesses to track their consumers’ journeys and develop marketing strategies that increase leads and sales. The development of mobile technology has opened new ways to sell and advertise products and services and businesses need to take advantage of this technology to stay competitive.

 

The development of mobile technology has opened new ways to sell and advertise products and services.

Through mobile technology, entrepreneurs also can reduce operational costs and save time. Saving money and time is a dynamic business duo. Mobile technology in businesses has been shown to do both, offering mutually beneficial, time and money-saving applications that can save minutes if not hours off business tasks. Online and mobile apps replace old paper-based forms and manual inputting activities. Mobile phones and communication devices reduce the need for expensive and static legacy technology, such as landline carrier services. Talk-to-text, voicemail-to-text, and conference recording functions of voice-over-internet protocol (VoIP) phones bring convenient and contemporary communication solutions to your teams.

Mobile-first technology makes it far more accessible for businesses of any size to harness the tools needed to get operations off the ground and therefore expedite growth.

Mobile-first technology makes it far more accessible for businesses of any size to harness the tools needed to get operations off the ground and therefore expedite growth. From time-tracking and employee payment software to downloaded apps simplifying back-office tasks, digital file sharing, and e-chatting all merged into the cloud, it takes businesses fewer physical resources to do the perfunctory tasks necessary to run the day-to-day office. Organizations have widely harnassed cloud-based integrative systems like DropBox, Google Suite, Intuit software, and WordPress for this exact operational advantage — and show no signs of stopping. Mobile technology has streamlined operations so much that it costs nearly 1000 times less to start a new business now than it did in the early 2000s, before the mobile revolution.

Businesses can also initiate team and office chat forums that are mobile-friendly. Many of these mobile chat platforms are already standard in ERP and other project management software systems such as Slack and Google Hangouts. Yet others exist solely for mobile technology, with interfaces and features designed for smartphone screens and remote telecommunications devices. Organizations should review any current intra- or inter-office chat portals for mobile capacities, ensuring they’re performing optimally for wireless communication needs.

Good communication is essential to successful business practices. Mobile technology such as smartphones and tablets enables entrepreneurs to be in contact with clients across the globe. If entrepreneurs have a telephone meeting with someone who is from a different country, the time difference is not as much of an issue with smartphones. Entrepreneurs can communicate from home on their work smartphones rather than in the office during off hours. Also, if traveling internationally, they can still maintain contact with home because they are reachable on the same number and phone.

 

Smartphones and other mobile devices give workers access to the internet, mobile business applications, wireless ordering, billing, online buying, email accounts, and other services. This gives them much greater flexibility – allowing them to continue working remotely. 3G/4G/5G networks offer faster data transfer and allow the development of more handset-based real-time business applications. Although GSM and GPRS data services are still available, the faster data rates with 4G and 5G mean that they offer a more attractive service, and over time will replace the other two services.

 As a result of growing interconnectedness and intelligent automation, the Fourth Industrial Revolution, also known as Industry 4.0, theorizes rapid change to technology, industries, and societal patterns and processes in the 21st century. The World Economic Forum’s founder and executive chairman, Klaus Schwab, popularized the phrase in 2015. It has been used frequently in scholarly literature. According to Schwab, the changes are more than merely efficiency gains; they represent a significant transition in industrial capitalism. One of the most dynamic and exciting developments in information and communications technology is the advent of the Internet of Things (IoT). Although networking technologies have become increasingly ubiquitous over the past two decades, until recently they have largely been restricted to connecting traditional end-user devices, such as mainframes, desktop and laptop computers, and, more recently, smartphones and tablets. In recent years, a significantly wider variety of devices have been connected to the network. Vehicles, home appliances, medical equipment, energy meters and controllers, streetlights, traffic lights, smart TVs, and virtual assistants like Amazon Alexa and Google Home have all been included. 

Who doesn’t use a mobile application for daily life? The modern world is app dependent. From small to large organizations, every business relies on it to enhance workflow. For example, a mobile accounting app lets you manage expenses, mobile billing to send invoices instantly, do invoice tracking, automated bookkeeping, and check cash flow anytime. Furthermore, as people spend more time on mobile phones than PCs, businesses can earn profit with apps in the following ways such as increasing visibility to the customers, monitoring online activities, and developing interests in customers.

In summary, mobile technology has promoted and improved businesses’ communication by ensuring that companies can track their trends and results which can help them to improve their communication strategies and increase productivity. Recent developments in mobile communication technology have generated massive improvements in various business areas. The widespread adoption of mobile technology has also had significant effects on how businesses communicate, changing the way they deal with consumers, stakeholders, and third parties. Here we have listed a few ways mobile technology is transforming your business.

References
1. https://denmarkbusinesssolutions.com/2019/05/01/benefits-of-mobile-technologyfor-business/
2. https://www.nibusinessinfo.co.uk/content/benefits-cellular-networks
3. https://smallbusiness.chron.com/mobile-technology-business-2187.html
4. https://datascope.io/en/blog/effects-of-mobile-technology-in-business-communication/
5. https://www.ibm.com/my-en/topics/mobile-technology

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