3 Reasons to Invest in Cutting-Edge Technology
It can seem as though many tech articles focus on ways in which cutting-edge businesses can become even more cutting-edge. They describe how you should implement or approach new technology, as your company has bottomless funding, endless amounts of time, and limitless tolerance for risk.
It is easy and understandable to immediately conclude that moving to cutting-edge technology is costly in reality, and that there is an inherent risk that you end up investing in nothing more than a passing fad. That assumption is an easy one to make, but it’s simply wrong.
Here are three reasons to invest in cutting-edge technology, even if you’re not on the cutting-edge now.
- Reduce Future Costs of Cutting-Edge Upgrades
If you look at the landscape of cutting-edge technology over the last few years, one thing is abundantly clear – you can’t really know what the next generation of technology will look like. Moving to cutting-edge technology like mobile applications, cloud, and the Internet of Things means your infrastructure must become interoperable, using those same open standards. Even if you choose the wrong tech to invest in, your infrastructure will evolve to match best practices and standards, making the down payment on your next investment far smaller. [...]
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