How Covid-19 Will Boost Remote Technologies Start Up Businesses
The pandemic has shaken the entire world. No matter how advanced a country may be, each nation has been affected in more than one way. From businesses having to furlough tens, hundreds and thousands of staff members, to many companies now adopting working from home as the new normal, not a single one hasn’t been hit in some form.
But, with the negatives comes the positives. With so many making the switch to remote working like never before, remote technology and virtual conferencing companies have come into their own.
The majority of firms have always been reluctant to move into the remote or flexible working space, with a lack of trust and worries about productivity at the forefront of their concerns. However, start-ups such as Slack and Zoom, have created opportunities for a shift in the way we work.
How remote technologies have helped?
With many businesses relying on these programmes to stay up-to-date with their employees, as well as run client meetings and make sales, there’s no surprise that these remote technology companies have come into their own. The sudden increase in working from home has allowed tech giants such as Google and Microsoft to offer their tools for free, hoping that once “normality” returns, businesses will move onto paid subscription services.
Are they a viable investment opportunity?
If you’re considering allowing your employees to work from home for the foreseeable and don’t have anything in place, then yes. As a business communication is key, not only internally with your workforce, but with your clients and customers too. People like to be in the know, and having the capability to have both video and audio conferencing tools will allow you to do this.
Even if you’re returning to the office in the near future, you may find that a lot of your clients and customers are not. Depending on the industry they and you fall within, there may be a long overlap in when businesses plan on returning to their HQs and office bases. With that in mind, no matter if or when you’re thinking of heading back, they’re a good investment.
What are the challenges of a start-up remote technology company?
Despite how much of a positive impact they’ve had on businesses as a whole, some systems are already cracking at the edges. Whether that’s struggling with the bandwidth in people’s homes (which aren’t made for such a heavy amount of time spent streaming/downloading), many large corporate companies manage their connections over virtual private networks (VPNs). These networks offer their own set of challenges, with some programmed to block certain technologies.
Why you should consider before implementing software or technology
There are a number of factors you need to take into account before you install any new systems or implement any changes. One of the major ones is legal side of things. Whether you’re installing someone else’s software or have developed your own, it’s important to understand the legal implications surrounding this. With a lot of competition in the market, it would be wise to seek expert advice from a company like Withers. From development through to litigation, they can be on hand to provide you with all the information you need to succeed.