Up-and-Coming Technology

What technology is going to change your life this year? If you're an entrepreneur, it's highly likely at least one of the following technology advances will revolutionize the way you do business, present you with an unbeatable investment opportunity, or both. Read on to find out your technology future for 2015.

Wearable tech

From a watch that can keep you just as connected as your smartphone (but is less likely to get lost or smashed) to a "smart shirt" that records and transmits biometric data to your phone or computer, "wearables" of all types are popping up everywhere and in fact appear to be the next battlefield for tech giants like Google and Apple. Because of the ease-of-use and ability to collect and transmit real-time data, wearables are the wave of the future for many industries, from healthcare to retail. (Coming soon: Ingestibles, embeddables and hearables.)

3-D Printing

As the popularity of 3-D printing explodes and becomes more accessible to more sectors and users, its implications - in everything from the food industry to architecture to science and medicine - are mind-boggling. One of these days, there will most certainly be something faster than same-day shipping: just download the desired product's data and print it out.

Business Analytics

These days, businesses have the ability to collect an incredible amount of data about their customers with every click, purchase and status update. With the advent of this so-called "big data," the race is on for technologies, services and software that will allow businesses of all sizes to manage, organize and ultimately utilize this wealth of information to more effectively promote and grow their own companies.

Smart Everything

Intelligent machines are not the wave of the future; they're here. Automated home systems allow you to control the temperature, humidity and security of your home from anywhere. Smart cars give directions, automatically call for emergency help, and sometimes even drive themselves. Whether you're using smart technology as a way to increase your company's productivity or to engage consumers, there's no doubt it will continue to change the way we think, do business and learn.

The Cloud

Now that computing in the cloud has become ubiquitous, its potential for more interesting and expanded uses is finally getting more "air time," pun intended. Cloud-based services such as billing and accounting, data analysis, web conferencing, document sharing and storage are making it easier than ever to do business from anywhere; and improved cloud safety and security means that more and more companies will be setting up shop in the cloud.

Edu-Tech

Education-related technology has exploded in recent years, but it's not just traditional teachers, students and schools who are benefiting. Today it's free to take classes from Harvard MBAs or use education-inspired productivity tools to improve your company's communication, creativity and collaboration. Whether you plan to invest in education innovation or use its vast network of online learning to enhance your business, staff and leadership - school is definitely cool.

For any business insurance questions, call or contact Litaker Insurance today.