(This post originally appeared on Forbes )Here are 5 things in innovation that occurred this previous week and how they affect your organisation. Did you miss them?
1-- Microsoft and LinkedIn are officially married.
The tech giant completed its roughly $26 billion acquisition of the social media business this week. (Source: Wall Street Journal)Why this is very important for your company:
LinkedIn is arguably the most popular social networks platform amongst services and specialists. With access to that data, look for many Microsoft items, especially Office 365 apps, to allow consumers to rapidly and easily view and incorporate details that was previously not available to them. Will your Outlook contacts morph into LinkedIn contacts? Yes, they will. Will you be advised in LinkedIn to update Windows? Sadly, I'm anticipating that, too. (My business, The Marks Group, is a Microsoft Partner.)
2-- Amazon has actually formally interfered with the grocery company.
The planned new brand of grocery and convenience shop will release in 2017 in Seattle and will be called Amazon Go. Amazon Go promises that customers will have the ability to take things off the shelf and spend for them automatically through their mobile app to avoid lines and minimize internal staff, all based upon the current innovation that I'm sure will work simply completely whenever. (Source: Forbes) Why this is essential for your service:
If all this beacon, mobile, stock, payment and Internet-of-Things works (and, as anyone knows, that's a big if), Amazon Go will not only disrupt the grocery and benefit shop organisation but also the entire retail industry. If you're a merchant, this is the future, and you'll need to be prepared to offer the exact same level of quick, technology-based client service to compete in the years to come.
3-- Small-business cloud platform Xero now incorporates with Apple Pay.
If you're not using a cloud-based accounting application, you will be. That's where the market is going. Xero currently has 862,000 subscribers (including some customers of my business which we serve), and now their consumers can see and pay their billings with Apple Pay through Stripe where Apple Pay is available. (Source: ZDNet)Why this is important for your organisation
: If you're a Xero user or thinking about a cloud-based accounting application, you'll wish to make certain it's a great, fast experience for your customers. Xero chief innovation officer Craig Walker said that "connecting a payment option to online billings helps Xero customers make money almost 80 percent much faster than billings that don't utilize a payment service."
4-- Slack is accompanying Google to take on Microsoft Teams.
Slack, the popular business messaging service, is teaming up with Google to provide an enhanced set of functions in the wake of Microsoft's recent launch of its Microsoft Teams product. (Source: The Verge )Why this is necessary for your
business: My prediction is that most of businesses, both small and big, will be standardizing on collaboration software application to handle all their communications in one location, and the battle appears to be coming down to Slack vs. Microsoft (and maybe Facebook-- see below). To up the game, Slack is now integrating with Google Drive, which will make its app "far more helpful for finishing jobs without needing to leap in and from various app windows." This integration will make it possible for users to get a more "detailed preview" of their Google Drive contents right within Slack.
5-- Oh, Slack and Microsoft? Facebook wants to join you, too!
Not to be outshined, the social media company has actually revealed a new application to contend versus Slack, Microsoft Teams and others in the collaboration area. (Source: TechCrunch) Why this is important for your service:
Remember when Facebook was a place to share intoxicated images with your good friends? Now, it's evolving into an effective company platform and, with its new app, the business wants users to be able to integrate their CRM, file sharing, e-mail, calendars and more with its service. According to the TechCrunch report, the app will work on top of Office, Facebook's pay-per-user enterprise interaction item and will be really personalized. The company wishes to be a powerful rival to both Slack and Microsoft Teams for your organisation.