In recent years there’s been the notion that every business will become a software company like it or not. Embrace or fall behind?! Although this sentiment may sound scary, it is a fact of life, but it doesn’t entirely mean that non-software orientated companies will necessarily disappear from the world. Matter of fact it couldn’t be farther away from the truth. Or at least, most of us will not be around to see this happen.
Most companies use the software in their everyday dealings, from telecommunications companies to the little high street stores we all know and love. There is a very little amount (9%) of companies neglecting and not embracing software one way or another.
Below highlight three main reasons why business is changing thanks to software.
Although software is becoming more demanding and advantageous, software alone will not put your business in danger – the competitors can. Focusing on the notion previously highlighted, embracing software at its magnitude will initially help competitive advantage and positioning against other companies. It has no limits to its use.
With the end of the year approaching many companies will be making long term plans, one attribute to this is seeing where you want to be in terms of competition and analyzing where software fits into this. Developing and applying software and technology solutions may be all you need to compete in the software market.
2. Software can be used and accessed by anyone
On the Bright side, even the smaller businesses can embrace software in order to compete – 91% of companies employing more than 11 people have a CRM system in place. Straight away most companies across the world are arguably software-based and embracing software. Adopting software will initially prolong business life by helping improve business processes.
I bet you’re asking how does this reflects the idea that companies are becoming software companies?
On the grand scale of things, adopting software makes companies find their competitive advantage. This statement alone supports that software will force many traditional businesses to establish a place in the software market, not just because it improves productivity, but as a means of survival in this day and age.
3. Lack of embracing will hinder your business
As reiterated, if companies don’t actively participate in the changing trends, especially the growing software trend it can unfortunately greatly impact the future of a business. The main way of thinking is the overall benefits of adopting software; automates tedious systems, increases the productivity and efficiency of an organization. Not embracing technology as you can see hinder the advancement of your business industry.