Top 5 Money-Saving Technologies for Upgrading Your Business
1. Cloud Computing
Cloud computing allows businesses to manipulate their data and programs on a server that’s connected to the Internet rather than a physical hard drive. This increases storage and accessibility for the company, which helps to lower the cost of staffing and IT needs. Servers are not in-house, so repairs, upgrades, and technical support are all taken care of by an outside organization. Since many programs are pay-as-you-go, you won’t be billed for unnecessary usage.
2. Artificial Intelligence and Machine Learning
Artificial intelligence (AI) and machine learning have been around for a few years, but they are starting to become increasingly advanced. By combining the two, you can gather data based on your prospective clients and current customer base to create content that’s specifically targeted for your audience. AI and machine learning can also help you better understand how to make improvements in your business and avoid potential problems. To take this technology even further, automation can be integrated.
3. Automation
Automation is becoming used in several different aspects of business, all of which can help you save money by freeing up time. There are ways to implement automation in social media, backups, invoicing, payment processing and payroll, email marketing, and more. Many businesses are already utilizing it and report time savings of up to two-hours per day, which leaves more time for profitable actions. The more time your employees have available to work on things that matter, the more profitable your company will become.
4. Cybersecurity
As technology increases, so does the risk for malicious attacks. To avoid potential cyberattacks, investing in a strong cybersecurity plan is essential. Since many data breaches can cost up to $200,000 or more per incident, having preventative technology in place will inevitably save you money in the long run. Make sure your team is trained well, use two-factor authentication, and invest in cybersecurity programs.
5. Invest in or Upgrade Your Current Digital Signage Options
Upgrading to digital signage in general saves you money on printing costs. It allows you to change out your signage more quickly, frequently, and remotely, eliminating the cost and time it takes to print and manually change printed signs. In the restaurant industry, this alone has saved businesses up to $30,000 in printing costs per year.
The ability to change your advertising quickly and effortlessly is another great reason to upgrade your business with digital signs. It’s been shown that different advertisements can affect people differently depending on the time of the day. By creating a dynamic digital sign that changes as the day goes on, you’ll reach more of your target audience without submitting to costly changes in your signage.
If you already utilize digital signage, now is the perfect time to review how beneficial and costly your devices are for your bottom line and review newer technologies. For example, unlike certain variants of LED and LCD commercial digital signage that use backlights and LEDs to portray images, reflective LCD digital signs use reflective technology. By integrating a mirror that’s installed behind a layer of liquid crystal material, ambient light from sunshine or external light sources passes through the screen, onto the mirror, and is then reflected to the viewer. This improves efficiency and uses up to 95% less energy than other types of digital signage. Over the years, this can be equated to thousands of dollars in energy savings. What’s more, you won’t have to replace the technology as often as other types of digital signage: With reflective LCD technology there’s no LED decay because there’s no backlight. With excellent sunlight visibility and stunning graphics, making the switch is a no-brainer for your outdoor advertising needs. Reflective LCD digital signage is affordable, and over time, you’ll save money on replacement costs and repairs.
To get the most out of your reflective LCD digital signs, it’s important to be strategic with where you display them – ideally in a sunny location that’s visible to your intended audience. Similarly, take the time to choose the right size monitor, make sure that you optimize your message and images, and connect to a network that allows for seamless changes throughout the day, week, or month. Doing this will help you substantially cut down on labor costs so you can focus on achieving your short and long-term business goals.
If you want to upgrade your business, start by using some of these money-saving technologies. The benefits of each are unsurpassable and will only continue to increase. While there is a myriad of options available for your technology needs, always opt for high-quality products from trusted retailers.
For all your reflective LCD digital sign needs, Sun Vision Display is here to help. Our reflective LCD display panels are the perfect solution for many outdoor applications. We offer a variety of different sizes available for use in public spaces, transportation, food and entertainment, tourism, retail, sports, recreation, and more. With stunning visuals in full HD resolution and ultra slim designs, this is the perfect technology to make immediate visual upgrades in your business. Sun Vision Display’s reflective LCD technology operates in temperatures ranging from -20°C to +70°C so you can use them year-round. You no longer have to choose between sunlight readability and low power consumption—you can have both! To learn more about how your business can benefit by incorporating reflective LCD technology, contact the professionals at Sun Vision Display today at 224-268-3343.
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