How an Integrated Technology Operating Model Can Grow Your Business Exponentially

The advent of technology has altered our way of doing things. Whether businesses, services or personal chores, we can experience the wave of technology everywhere. It is a boon for modern enterprises. Technological inputs now overtake the outdated methods of running a business. The scenario is such that modern enterprises must deliberately rely on technical integration to keep their companies running. Moreover, every business or service requires multiple operating apps, software and a high-end internet connection to aid the day-to-day deliverables of the working staff.

Various work departments require different software and apps. However, what remains the same is a collective goal to grow your business. Integrated technology aligns your business with the right technology to bring positive growth outcomes. This way, business strategies can be implemented better, ensuring a smooth workflow. Data plays a crucial role for businesses. Integrated technology ensures the suitable collection of data, which can be used further for the company's benefit.

At Growth Jockey, we believe that Implementing an integrated operating model technology to your business has several benefits. Apart from efficient functionality, a few of the other benefits are mentioned below.

1. Increased Workforce Productivity

A technology-integrated model will enable businesses to easily organise and implement data to improve their product line, customer outreach, product marketing, and organisation operations. This ensures positive results and helps bring relevant changes or modifications in the product line. Not only this, activities like customer outreach and product marketing can also be monitored. Integrated technology also allows you to share data across different departments, saving time and energy. Moreover, syncing data and sharing it across various departments of the organisation will prevent the staff from re-entering content every time they log into the system. This way, everyone stays on the same page.

According to Data, the data integration market is expected to grow to USD 22.28 billion by 2027. The data integration market mainly consists of organisations from the banking, IT, healthcare, manufacturing and retail sectors. However, there is no segment of industry that cannot benefit from the technology integration operating model.

With the introduction of the 5G internet, it is now possible to integrate extensive data in real-time. This is a boon for industries that collect and drive data in a few minutes. Small-scale industries can benefit from the same by saving time and money. Moreover, data integration can be a great advantage for businesses operating in different time zones or having customers across the globe.

2. Better Operative Communication

Data integration can connect devices and the workforce for effective communication. Technology integration allows the crew to collaborate and work in different departments. With this, you need not go from one room to another or from one floor to the next, thus, making communication ever more effective. Employees can collaborate on sheets and documents and make relevant changes. An improve operating model like this would ensure fast delivery of messages too.

On the other hand, technology integration has also helped make remote working ever more effective and prompt. As per data, over 65% of organisations prefer using data integration for their business or services. Moreover, another 67% of companies require the support of data integration to support analytics and BI platforms. Another 24% will opt for the same service in the coming year. Over 80% of enterprise leaders say that data integration is essential to their day-to-day business operations. The manufacturing sector is one of the top industries to employ technology integration in their enterprises.

3. Exceptional Business Growth

Growth Jockey believes that businesses should aim for potential growth by employing a technology integration business model. The actual reason is, data integration helps ease workflow, facilitates smoother communication among departments and individuals, and results in increased customer satisfaction. With the proper use of data, enterprises can reach out to potential customers and pitch their products effectively.

Without human resources, technology integration could be of no use. However, technology has given us yet another boon i.e., Artificial Intelligence. AI has proved helpful in providing business insights and categorising data. In addition, AI has also helped employees ease the burden by keeping their minds away from everyday operations. This update technology in businesses has skyrocketed their success, allowing them to reach their potential clients at the right time and location.

Statistically, the global Artificial Intelligence market will touch USD 267 billion by 2027. This branch of technology is expected to put up USD 15.7 trillion into the world's economy by 2030. The rise of AI will create 97 million new jobs and eliminate 85 million older ones. According to the statistics mentioned earlier, approximately 37% of businesses currently use AI in their companies, which is expected to increase massively. The Artificial Intelligence industry is expected to earn a whopping sum of USD 126 billion by 2025. With such impressive statistics, it is better to implement AI in your businesses today rather than tomorrow.

4. Better Implementation of Ideas

The most helpful advantage of technology integration is the implementation of better ideas. Today, we are connected because of the advent of technology. Similarly, when technology integration is implied in workforces, communicating with individuals from different departments is easy. This cross-pollination often results in better ideas and, in fact, better products.

The best operating model is one that nurtures great strategic ideas. At Growth Jockey, we aim to keep up with the trends and recent developments in technology and entrepreneurship. With over 30+ delivered projects and 10 L project hours given to sectors like banking, manufacturing, retail, etc., we believe in elevating businesses to better heights by implementing better strategies. Achieve your goal and build a business that stands on the value pillar.

5. Building Revenue Streams

IT businesses can create revenue by understanding and capitalising on the market trends of their technology systems. Organisations are using technology and giving it to the public as a by-product. A new business model can commercialise technology services and scale at a rapid pace. This allows them to compete with their competitors, thus accelerating the product life and generating revenues for a longer period of time.

Business managers must ensure that different departments of their organisations are competitive and offer individual value. Technology integration would bind the importance of each department, thus, resulting in a better outcome. New and innovative technology solutions have the highest potential market value as they are the most likely to provide a company with a differentiating competitive advantage. Similarly, a technology-driven company must give the clientele products that result from smooth supply chains.

The best operating model makes the best use of technology to smoothen their processes and creates relevant revenue streams than operate as cost centres.

The right time to adapt to Technology Integration trends

Technology integration is expected to be essential to business innovation and idea implementation. With time, many other technological tools will likely be available in the market for better enterprise functioning. We must hop on the wagon and make the most of it. This technologically improved operating model will help you upgrade your business model exponentially.

At Growth Jockey, we believe in providing revenue growth models with faster execution and cost-reduction facilities. We believe in helping you achieve business goals by providing the right marketing services, curating technology and making way for better resources. So, why wait? Reach out to us today and let us help you achieve your business goal.

At Growth Jockey, we are fully committed to developing customised operating models that effectively address the critical challenges faced by our clients across various industries. Irrespective of your company's size, whether it's a small-scale enterprise or a large corporation, you can now benefit from our tailored solutions. Take the decisive step towards unlocking the next level of growth for your brand by reaching out to us today!