Mobile technologies are creating a big impact on small businesses, according to a recent report conducted by AT&T and the Small Business & Entrepreneurship Council. This report found that small business owners that have implemented smart phones and tablets in their daily business activities have gained $67.5 billion a year from this incorporation of mobile technology. The report shows that mobile technology saves businesses money ($32.3 billion dollars annually) and time (1.24 billion hours). Bizness Apps outlines a few more of the perks of mobile technology below:
·
Employee productivity: According to the report,
small business owners and employees are using their smart phones seven days a
week – even in companies that may only be open five days a week.
·
The use of smart phones is huge: Small
businesses are using smart phones for just about everything, and the numbers
are growing. In 2013, the number of small businesses using smart phones was
85%; this year it is 94%.
·
More apps are being used: The report recalled
that approximately 77% of small businesses are using mobile apps, sometimes
three or four at a time. GPS, navigation and map apps were the most popular.
·
Companies are also using apps: Many small
businesses are using apps for every day functions like planning trips, GPS
navigation, remote document access, banking and finance, and more.
·
Mobile Banking is the new thing: 34% of small
businesses surveyed use mobile banking at least once a week, with only 18%
opting out of mobile banking.
·
Smart phones aren’t the only device proving
helpful: Tablets and other devices that use apps are also saving businesses
money. Tablets saved small businesses 754.2 million hours and $19.6 billion a
year, and apps themselves have saved businesses 599.6 million hours and $15.6
billion a year.