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Finding the Right Technology Solution for your SME Business

17 October 2016 4 MIN READ

With a large number of affordable technologies available for the SMEs, choosing the one worth the investment is becoming more confusing. Every technology comes with a promise of delivering superior products and services, but which one to trust?

Here are some tips to help you decide on the right technology for your SME business:

  1. Avoid being intimidated by technology.
    Finding the right tech solution for your business is not only about installing new exciting updates but being strategic in their decisions. Find your objectives and ensure the intended benefits of your choice.
  2. Gather the pros and cons.
    Documenting the requirements is certainly going to help you find and compare the various options available in the market. Make a list of the expected pros and cons of the diverse solutions and take the right decision.
  3. Focus on the functionality not the frills.
    Why buy the whole bus when the only thing you need is a taxi!
    We are not saying that the cheaper the better, but look for moderate solutions that takes care of your basic requirements and also allows you to add and reduce features according to your needs.
  4. Take care of the basics.
    Evolving Capabilities and Future scope, Mobile and Onsite accessibility, Security of the data and After Sales Service and Supplier’s Track Record are some of the basics which shall be taken care of.
  5. Get some taste of free expertise before buying the premium.
    This is the fun part. Look for solutions which come with a trial version, because that is the time when you are going to know your vendor as well as your IT solution better. A trial version or pilot testing makes you understand your needs and also provides solutions for problems that you never ever thought off. Isn’t it amazing?

Businesses adopt new technology to ensure higher productivity and reach their goals effectively, but before investing SMEs shall do an in-depth research about their requirements and the ROI the intended tech solution can provide.

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

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