The concept of "Smart World" entered into our lives together with the development of technology. We started to use "smart" as a prefix for each product. Smart phones, smart cards, smart banking, smart IT, smart buildings, smart boards...
We are living in an era with great pressure to turbulent changes for businesses of all sizes and in all sectors. Our world is becoming smaller, accessible and smarter. Companies are talking what should be done to create a smarter world. Systems must be better equipped, smarter and more connected with each other.
We wanted to speak about which basic requirements for companies must be covered to stay one step ahead in the new world. They are as follows;
Business Analytics and Optimization
Business analytics is provided with the decisions of advanced, faster and more reliable information. Companies must use analytics to earn competitive advantage and to manage the change.
Agility of Business
The only thing that doesn't change in a smart word is the notion of changes. Companies will have a leading position by their quick respond to the demands of the industry and with innovative business models that meet customers need. Therefore companies must improve communication and collaboration skills and decision-making processes
Smart Products and Services
Smart products have already begun to change the way we communicate with the world. It all starts with the customer. In business, this has always been true. But today there is a new breed of customer who is dictating a new set of terms in the dynamic between buyers and sellers. Innovation is required for products and service in these conditions.
Smart Information Processing
This is the most important way to accomplish a lot more, with less resource. With the help of smart information, systems and productivity developments have a 10-20% increase.
Social Work
Communication has decreased in between the customer and the company and has changed into interpersonal relationship with the use of social networks. Customers are expecting to communicate any time and the way with companies. Companies, that are using social networking tools, are reaching to the information quickly and thus, they are preparing faster action plans. This also increases their efficiency.
In the new world, every new smart product or service makes our life more efficient, reliable, and enjoyable. We have a new smart method to do everything that we need or want.