The Evolution of Business & Connect..

Can we call it evolution?

We are at a pivotal point in our lives where almost everything is driven by Technology and that Tech change is so dynamic that by the time it reaches us - the consumer, a lot has already changed in the Tech Industry and it has evolved to another level. 

We cannot deny that - Technology is King! 

Covid has ensured the place for technology in our lives. If there was any resistance allowing technology to dominate the playing field, it is now gone! Technology is now on a Pedestal and has become either the support system for BIG BUSINESS or itself is THE BIG BUSINESS for those that are developing ways and means to achieve by Optimizing the use of TECHNOLOGY.  

In-person presence - for Business, At Work Or Even Education may just be on the way to becoming obsolete and with it the necessity of travel using time, transportation, effort and real estate. Why put so much physical effort & financial resources in meetings when you can meet with almost anyone and everyone so easily on your laptop or mobile and in a matter of moments where you are neither bound by time, access nor distance. This may not apply to all deals but it is relevant to most situations and it works!

Now Results Are Real Time For Many Businesses. Instant Meetings usually Result in Faster Decisions which Lead to Faster Results!

Real Time Results are possible today especially when you can connect to so many, in so short a time and achieve critical mass in Achieving Results. Similarly by using Tech it is possible to theorize in sciences, analyze, model and simulate using Tech. Research, Training & So Much More. It is truly wonderful and sometimes - frightening at how dependent we have become on this Rodeo. We are not driving tech anymore - it is driving us!

Contact is Passe. Contactless is In.

Isolation is becoming key to many. Work From Home is the New Normal but for Work From Home to bring Results it is Imperative To Remain Connected. Newer emerging technologies are now focusing on improving the connected experience to make it more Real. Technology is evolving rapidly and changing the business and opportunity landscape. 

It's not unusual to hear of Contactless Deliveries or Meetings or Training Sessions or Even Customer Support, Remote Management and now New Tech is bringing Driverless Cars, Drones, Auto Pilot Planes & So Much More. Soon we may be seeing robots handling surgeries and critical tasks along with the tasks requiring mundane and laborious effort.  

Connected & Automation Are In.

The Connected Experience, Access To High Speeds, Bandwidth, Processing Power right down to your doorstep has become so normal that through it we are seeing a change that is revolutionizing the reach to an increasing number of opportunities. Combine the Connected Experience with Automation, AI and other Hi-Tech Ad On's and we have a high potential, high output situation which puts increasingly low reliance on our time leaving us free to achieve where our attention may be required.

Information is Key.

The Extraction of Information from Data is the Key to Decisions, Intelligent Choices leading to Success in The Present & Future. Information is 'The Data' which is presented based on a context and in the right manner and allows one to make informed choices towards a decision making path based on an objective - a goal. The tool to achieving the above is technology. There is simply too much data around for a human being to be able to retrieve it, analyze it and arrive at a result in a very short period of time but for computers - it is already happening in today's World.

The World Is Digital!

Payments. Holiday Planning. Ticket Booking. Business Meetings. Hotel Bookings. Menu Cards and more - there is no limit to the use of technology and opportunity. Research is now conducted digitally using various platforms. The technology of IOT or Internet of Things is here as well. IOT is the technology that allows you to interface with the Internet and automate routine tasks for the products that you use regularly in your living or working environment which will impact consumer behavior. The products and services may include security, consumer purchase, transport, finance, distribution, manufacturing, marketing or more. It will definitely impact business and how we do things today.

The Evolution of Technology requires More Power, New Processes, New Materials, Research, Finance, Development of Newer & More Efficient Ways for Inventions to Work and More. These are primarily the areas that will achieve Valuation. Any Industry that uses Tech to improve production, achieve a better speed of response, higher quality, reduce quantitative costs by improving efficiencies, higher security to reduce losses, reduce direct costs towards services or products cycles could become the next BIG Business. 

This is just a brief pattern that I see in The Evolving Business Dynamics of Covid 19 - this is the tip of the iceberg in respect to a perspective and it is only meant to show a path of the direction business and valuations are taking. There are other potential paths as well. Please feel free to connect and discuss on the subject. 

@ Red Mammoth Ventures, We Consult. The firm that offers you to find debt, equity while making your pitch for fund raising more attractive to Investors.

Raj Sukheja

CXO Red Mammoth Ventures. 

Author, Think Tank, Futurist, Evolution Catalyst. 

The Author writes on Business & Spirituality. He manages a Financial & Business Advisory located out of Mumbai, India. 

Follow Raj Sukheja on Insta & Twitter @rajsukheja

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