How technology helps spur growth for small businesses?

25 November 2016 5 MIN READ

Technology brings innovation. Innovations have the capability to help business stand out from the competition. Thinking about our forefathers running their business without email, internet, mobile, marketing, telecommuting, or smart phones, would definitely raise goosebumps. With technology booming up at such a rapid pace, small businesses have started looking at it as a critical tool.

“Small businesses look to technology as a critical tool to increase efficiency and grow business networks, which is particularly important now given the downturned economy,” said Larry Nannis, NSBA chair, in a foreword to the study.

Let us take a look at the benefits of types of technologies to our business’s prosperity.

Enterprise Resource Planning (ERP)

  • Focus on customers and end results. Allows open communication between suppliers, vendors, customers, and all other facets of the business.
  • Set up a company with a standard set of business practices organization wide. ERP solutions allow each department to operate in the same way. It will remove the geographical boundaries in terms of hiring, placing orders, and running operations in a same style as per the business needs.

Business Intelligence (BI)

  • Helps in collecting data, such as customer information, sales data, statistics, profitability, etc. This data can be organized in a desired way to display progress and help aid in decision making for the future.
  • Aids the company in using its own data to determine future revenue and progress.

Human Resource Management System (HRMS)

  • Overcome the challenge of sustainability, such as taking immediate action to introduce, orientate, prepare guideline, provide high quality products and services; and especially use the right person in the right position and provide on-job training to gain staff capacity.

Internet of Things (IoT) and Cloud

  • Now with the upcoming technology, such as IoT and Cloud, you can bring your data together in new ways to flourish business.

Technology helps small businesses become more effective and competitive in a world, where large corporations with deep pockets are always striving to create a monopoly.

Thus, choose the software that matters!

About the author

Nidhi Batra

Nidhi Batra is a brand communication specialist at Uneecops. She is an active contributor to SAP Business One community and loves to write on smart and intelligent technology which is redefining business models such as SAP Business One, SAP Cloud, Tableau and Power BI. Having Master’s in English from Delhi University, she follows Gartner and spends her time reading avidly about Artificial Intelligence, SAP HANA, Cloud, DevOps, IoT, robotics and business automation.. Tweets at @nidhi_niya

Similar posts

Enterprise Resource Planning (ERP)

Streamline your business processes and improve productivity using our cutting edge ERP solutions & service offerings custom built for small and medium enterprises.

Industry Solutions

  • Industry-specific solutions to help your business run better. From Pharma, F&B to Retail and more, we have a solution that caters to your industry.


  • Custom designed and quality certified 12+ Add-Ons for SAP Business One that help you solve unique business challenges with ease

Web & Mobility (E-Governance Solutions)

Our e-Governance solutions enable the government to reduce operational complexities and help citizens, businesses & government bodies to leverage technology to access public services with ease.

E-Governance Services

Our Portfolio

  • Browse through our portfolio of e-Governance services and move to digitally smart governance with Uneecops.


  • Educational ERP with enterprise-grade functionality designed specifically for educational institutes, colleges and universities.


  • Drive rapid digital transformation across your Government departments and agencies with established and next-gen technologies.

Our Products

Our products portfolio comprises of business automation software’ that helps you focus on high-value tasks and improves organizational efficiency by automating repetitive human tasks, process workflows, data capture & decision making.


  • India's most popular HR automation software for managing the entire employee lifecycle from hire to retire. Trusted by 300+ companies across 18 industry verticals.


  • A complete end-to-end Campus Management Software which automates various aspects and functions of educational institutes, colleges and universities.


  • High-quality SAP certified industry-specific Add-Ons designed to integrate seamlessly with SAP Business One and cater your unique business needs.


Get actionable business insights with our cutting edge BI products & consulting services. Make informed decisions and improve business efficiency with real-time analytics.

BI Services

  • End-to-end business intelligence services ranging from BI consulting, Data Visualization to Dashboarding & more that help you make informed business decisions.

Dashboard Services

Our Work

  • Browse through our portfolio of BI clients and know how we are offering strategic value to them with our assortment of BI services.