The world of technology is ever-evolving, which means that there are always ways that startups and well-established businesses are looking to expand their production abilities and become more streamlined. If you own a small business right now, you might be trying to keep your finger on the pulse of what's new and what's not.
Let’s take a look at the most relevant additions to small business technology, just in case you missed them. You’ll want to use them for your small business right now.
1. Microsoft Word and Voice Transcription
Microsoft Word has just announced that it will include a brand new feature in Office 365, called 'Transcribe in Word.' This new feature is going to let you transcribe audio through their advanced AI. While you can only use it on the online platform right now, you will soon be able to use it on the other 365 tools, which means that you will be able to implement it into your business plan.
This feature means that you will be able to record a conversation or upload an audio file and get it transcribed straight to word. You will also be able to edit any recordings that you make in case you make a mistake. This should make your day at the office a little easier.
2. A Battery That Could Last Thousands of Years
One of the latest startups to focus on clean, green energy, NDB, Inc., has just finished the testing process for a battery that is self-charging and could potentially last as long as 28,000 years. They did two separate tests on the battery and improved the shelf life of a diamond battery significantly.
NDB is focusing on creating a battery that can extract its charge a lot more efficiently than conventional types, with a goal to make it widely available on a commercial level. It will only need to be exposed to the open air, and won’t emit any carbon emissions. This is a great way to save energy and overhead for your business.
3. Employee Monitoring Software
How many times have you wished that you could keep an eye on your employees even when you aren’t around? As owner and operator, one of your biggest tasks each day is managing your employees – but this doesn’t mean that you don’t have other things to do as well. If you’ve been feeling particularly stressed about managing your team lately, especially with COVID, then you might want to consider employee monitoring software.
This type of software can keep track of what your employees are doing when they use company devices to do their job. This way, you can make sure that they're staying on task and reaching their work goals without having to micro-manage them.
4. Amazon Go Offers Cashier-Less Tech
Amazon Go is right on the cusp of handing out cashier-less technology, and they say that they'll start with Whole Foods in 2021 as their first store. This technology isn't technically new – it was first rolled out in 2016, but they have been busy making improvements. It has sensors, computer vision, and cameras.
This means that shoppers can enter and leave the store with what they have bought without having to stand in long lines. While right now, this is just a rumor, there's no doubt that Amazon Go will start to implement this type of technology into businesses everywhere.
Being able to keep up with the technology world in 2020 is pretty important, especially if your business has suffered a few setbacks because of COVID. Check out what’s new on the market above, and discover all the different ways that technology can be implemented into your existing business operations, so that your day is a little less stressful, and you can stay on task without too many distractions.