4 Reasons Why Companies Need to be Investing in Tech in 2019 - GrabCAD Blog

Technological innovation is progressing faster than ever and technology itself is becoming more integral to the private and public spheres. In terms of running a successful business, you’ll need to be aware of developments within all areas of tech; from artificial intelligence and the ‘internet of things’ to 3D printing, renewable energy, and remote working potential. If your company isn’t up to speed on the latest developments in these areas, you risk falling behind the pack. The all-encompassing integration of the internet into quotidian life, enhanced connectivity across the world and increased smartphone usage have completely altered the way we live, work and play. A 2018 report from GSMA (the trade body representing interests of mobile operators worldwide) revealed that while in 2016 mobile technologies and services generated 5.2% of gross domestic product (GDP) in Asia Pacific ($1.3 trillion of economic value), by 2020, this will have increased to $1.6 trillion, or 5.4% of GDP in the region. What’s more, according to research by American Express, IT now accounts for 19% of business expenditure. Technology dictates so much, from how businesses operate and how employees engage with customers to the way consumers buy products/services and how data is managed. Embracing […]