Technology Transforms the Way Everyone Consume Information
– From TV Viewers to Business Leaders
Are your television viewing habits the same in 2018 as they were in 2008? Chances are, the answer is a definitive “no.” By looking at all sorts of data from multiple sources, breaking it apart and putting it back together in any way you see fit, you will note obvious trends in how people of all ages now prefer to consume their favorite programs.
Don’t get the wrong idea: we are not devoting this space to an analysis of the public’s viewing habits. What interests us are the societal trends of how people in general – and business leaders in particular – consume information.
How (and where and when) people process information can have a tremendous effect on business decision-making and performance. Good information promotes more effective decisions that result in more responsive organizations.
An On-Demand World
Going back to our TV analogy, viewers are increasingly foregoing “traditional” broadcast schedules and instead watching programs at times that are convenient for them via DVR, streaming, and “On-Demand” services.
And, contrary to popular belief, it’s not just those adventurous Millennials who are driving this trend. Viewers of all ages are changing their screen habits – spending more time watching on smartphones, computers, and tablets, rather than on their homes’ traditional television sets.
These trends are a continuation of how technology, over the past 20 years, has changed the way we interact with one another. In our social circles, we’ve long been accustomed to making and receiving telephone calls via mobile devices.
These devices also enable us to send/receive emails and text messages; post photos, videos, and other content on social media; and stay “connected” no matter what time it is or where we may be.
That flexibility and connectivity is critical in today’s highly-competitive business world, where On-Demand access to actionable information helps organizations differentiate themselves from the pack.
Here are the facts: technology has disrupted traditional methods of information gathering and sharing in the public sphere. Likewise, the constant productivity demands placed on your business require systems that are similarly responsive and easily-adaptable to rapidly-changing needs.
Go On…Take the Quiz
Ask yourself the following questions:
Can your firm’s accounting software merge information from divergent sources without extensive manual data entry?
Is your CRM spread across multiple platforms, making it difficult to assemble a clear picture of who, exactly, you’re selling to?
Are the HR functions of your business fully-integrated with its core systems?
Would having access to timely, reliable performance data on every facet of your business be worthwhile from a planning and leadership perspective?
The answers to these questions (which by no means comprise an exhaustive list) all point to obstacles standing in the way of your business’ growth. Fortunately, there is a “pie in the sky” solution: Oracle NetSuite’s cloud-based ERP systems.
Oracle NetSuite Cloud Solutions
We live in an On-Demand world where information is shared with a click. Customers are demanding better services more quickly. Employees are interested in harnessing new technology that makes them more productive. Transitioning to Oracle NetSuite Cloud ERP systems helps business leaders fully embrace more efficient and effective business operations.
With Oracle NetSuite:
- Gone are the days where “customized financial reports” – often comprised of data imported from software such as QuickBooks™ and Excel spreadsheets – take hours to prepare.
- Preconfigured software modules tailored to specific business verticals offer greater agility and empower you to respond more effectively to customers who “need it now.”
- Cloud-based infrastructure provides faster, more cost-effective scalability for your growing operations, compared to traditional onsite servers.
- Besides reducing costly overhead, the cloud frees up additional resources that were once used for hardware/software purchasing and installation, security models, and reporting engines.
- Built-in, automated analytics allow users to access real-time performance data across the full spectrum of their organizations’ operations. This helps you more accurately measure performance against strategic goals and provides the agility to correct course, if needed.
Get the Full Picture
You know your company’s operations better than anyone else. Does that mean you have a full understanding of how, exactly, your company operates? This is where a transition to Oracle NetSuite will prove most advantageous. Divergent operations are centralized in one “suite” to offer the complete picture of your organization’s operations. It’s smart integration made simple and delivers the actionable intelligence you need to maximize efficiency, productivity, customer service, and profitability.