Telecom 2016: A Year in Review

The telecommunications industry is continuing to change and expand every year. Businesses that want to remain competitive in the digital marketplace will need to keep their eye on telecom developments and adopt new products and services that help them better meet business demands. The year in review below covers just a few of the 2016 telecom trends and how they impact small and medium business (SMB) owners.

2016 Telecom Trends and How They Impact SMBs

Though 2016 was certainly a busy year for the telecommunications industry, we have gathered 3 of the top 2016 telecom trends that impact SMBs:

Cybersecurity is a must.

Cybersecurity is no longer optional for companies that store personal data and other private information. Cybercrime has become more prevalent and can cost companies a significant amount of money. Just two years ago in 2014, Cyber Edge Group found that 71% of industries surveyed suffered a cyber-attack. In addition, according to the Center for Strategic and International Studies, cybercrime  costs the global economy more than $400 billion each year.

It can be difficult for SMBs to keep up on the cybersecurity front with larger companies who have more resources. The good news is that small business owners do not have to self-implement security protection measures. Instead, they can get data and network security from a third-party service provider to stay compliant and prevent costly cybersecurity breaches.

The app economy continues to grow.

It should come as no surprise that apps are changing the way we live and work. But how does this relate to telecom? Business intelligence applications that are integrated through telecom services like unified communications and video conferencing can have a significant impact on business productivity. These apps make it easier for employees to collaborate and increase overall efficiency.

Voice over Internet Protocol (VoIP) and integrated business intelligence apps make it easier for SMBs to keep up with their larger competitors. Small and medium businesses can now experience the advantages that apps that allow unified communications can provide. United communications applications can significantly improve productivity for employees on the go or those who work remotely as well as improve the overall success of employee communications organization wide.

Cloud computing is increasing in popularity.

“The cloud” is a third-party data storage and processing center. Cloud computing enables SMBs to use all the web-based tools and applications that they need to effectively and efficiently communicate with employees and customers. As cloud computing becomes more popular, SMBs are finding that it is more affordable to communicate and share resources across locations.

Small and medium business owners can use these off-site data centers to store and process data rather than spending a significant amount of funds on building and updating their own capabilities. SMB owners can purchase data storage and processing from a cloud provider that allows them to access important storage and processing technologies while avoiding significant capital costs.

Are you interested in improving your business communications with telecom services? Contact us today to learn more about which services might be right for you. Nebula Solutions would love to help you save money and improve productivity through our valuable telecom services.