The Top Password Managers…And Other Technology News Impacting Your Business This Week

1 - These are the top 5 manufacturers of password manager software for the year 2023.

Tech Times has compiled a list of the top five password manager apps that hold encrypted lists of passwords that are only accessible to verified users. The first is LastPass, which has highly developed cloud technology. In the list, Sticky Password is the most popular. With no-risk, 30-day trials, each of the five has something to offer. Tech Times as a source

Why this matters for your company:

Every company should use a password manager, as should every person. The main advantage is that you may use complex passwords on vital websites like banking and e-commerce platforms, save them, and then retrieve them from the password manager. Exemplary managers will also assess the efficiency of your passwords.

2. IKEA retail locations to stock inventories are now deploying one hundred drones.

The company said one hundred drones are currently in use to improve inventory control and help employees with specific duties. The first drone was used two years ago, and 100 are used in IKEA stores throughout Europe. (Reference: INGKA)

Why this is significant for your company:

Tolga ncu, Head of Retail at Ingka Group (IKEA), said about the technology created in collaboration with Verity. This business specializes in warehouse drone systems, "Introducing drones and other advanced tools - such as, for example, robots for picking up goods - is a genuine win-win for everybody." He's correct; more of my smaller and mid-sized clients are adopting drones to check for safety and aid in cycle counts.

3. The top 10 SaaS companies for small enterprises are included in item number three.

According to the business banking platform Novo, the top 10 Software As A Service (SaaS) providers are listed below. The final result shows that these 10 SaaS providers meet a crucial requirement, according to a survey of 70,000 small business and self-employed customers. (Footnote: Novo)

Why this matters for your company:

This is nothing new. Intuit, the company behind QuickBooks, is at the top of the list. The tenth most well-liked website builder is Wix. The second and third places belonged to Adobe and Google's GSuite. Half of these are employed by your company.

4. In light of the complexity of tax compliance, businesses need HR technology.

Paycom's Craig Boelte shared his advice for businesses on reducing the pressure and headaches associated with tax compliance. Bloomberg Tax is the source.

Why this matters for your company:

One of the smartest moves a company can make, according to Boelte, is implementing HR Tech. Because HR software decreases the demands on HR managers and manages the details with high precision, he gives instances like tax deadlines. Another procedure that has to be automated is collecting payroll taxes. When sophisticated software is being employed, most CEOs Boelte has spoken to have noted that not all of their personnel use the technology. It's critical to choose a system that is suitable for a business and its personnel.

5. A study indicates that shops are preparing for a technology boom.

According to a 2023 study conducted by Incisiv and Verizon, the "operational efficiency" of the retail sector is driving the most recent technological boom. (Extract from Supermarket News)

Why this matters for your company:

Are you making technology investments for your retail business? It's appropriate that you are. Most merchants predict that by 2025, "partially or entirely automation" will be used in 70% of tasks. In the following two years, there will be a 9-fold increase in the use of AI to support operations. The use of point-of-sale (POS) systems will also increase. According to Scott Lawrence, a Senior Vice President of Global Solutions at Verizon Business, this will be a consequential experiment to see if shops can handle the extra traffic on their system. According to Lawrence, the secret is creating a network design to provide access to the proper bandwidth at the appropriate time for in-store apps.

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