Tag Archive for Technology

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Upgrading business technology – new vs refurbished

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Originally written by Anna Jordan on Small Business
In many people’s minds, upgrading your business technology comes down to one trade-off: cost vs reliability. This could be the deciding factor of going new or opting for refurbished.
The choice spans way beyond computers: it applies when replacing tablets, phones, POS systems, TVs, routers and much more.
Find out which option is best for your business, whether you even need to upgrade in the first place and how to dispose of your old tech if you do.
Do I need to replace my tech?
Though you think your machine might be knackered, it could have a good two or three years left in it.
Before you decide to go for a different model, ask:

Does it impact on the productivity of my business?
Is it almost as costly to repair as it is to run?

If the machine could work well with less software and fewer capabilities, your third option is to shift the functions that your old tech used to perform onto another machine, using the older one for basic tasks.
Once it’s time to upgrade, take the costs of the tech itself and the time/expense to train employees into account. You should also factor in how the new tech

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Hot Business News Today

How 5G mobile technology will help your small business

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Originally written by Gavin Davis on Small Business
This year will be the one long-awaited 5G technology starts to take off. Many expect this to be a game-changer and, according to Ericsson, by 2024 there will be over 1.5 billion of us connected to 5G.
However, 5G technology offers more than mobile calling or faster internet browsing. Increased productivity and the emergence of new industries are additional potential benefits.
According to a study from Qualcomm, by 2035 5G technology could underpin up to £9.3 trillion worth of goods and services in industries such as retail, healthcare, education, transportation, entertainment and more.
‘82% of business leaders, analysts and tech enthusiasts think 5G will drive small business growth, with SMEs becoming more competitive’
As reported by a PSB Research study which surveyed over 3,500 people, 91pc of business decision leaders, analysts and technology enthusiasts expect new products and services to be invented as a result of 5G.
Additionally, 82pc forecast small business growth and SMEs to become more globally competitive.
What exactly is 5G?
The “G” in 5G stands for “generation”. Now the world is hyperconnected, 5G takes things to a new level. It will dramatically increase the speed at which data is transferred across the network and will greatly

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