The global business landscape is expanding, with reports revealing over 358.7 million businesses. In the US alone, small and medium-sized enterprises (SMEs) account for 33 million of these, representing a staggering 99% of the country’s business ecosystem. One of the reasons behind this exceptional growth is the industry’s commitment to embracing new technologies. If you’re planning to start a business in 2025, here are a few cutting-edge technologies that can give you a competitive edge.
Tech #1: Blockchain and Cryptocurrency
Blockchain is another technology that became more widely accepted in the business landscape in 2024. A recent report published by Demandsage.com reveals there are 300 million blockchain users worldwide. The report also shows that 90% of businesses use this technology in some capacity. It adds that there are over 20,000 cryptos, although only 10,000 are active.
In 2025, we expect more businesses to use blockchain-based smart contracts to automate transactions and agreements. This technology stores information in blocks of data which cannot be edited. Cryptocurrency payments will also become more widespread as we look for more convenient ways to transact. Just be mindful of the volatility of these digital assets.
Here are a few reasons why your business should accept cryptos:
- Easy to track and audit payments.
- Accept payments from any part of the world.
- Cost-effective payments due to lack of bank charges.
- Fast transactions due to zero intermediaries.
- Process payments 24/7/365.
Tech #2: AI and Automation
AI technology has shifted from a mere trend to a reality. This revolutionary technology has gained traction across several industries as businesses look to enhance customer experiences and increase revenues. Naturally, we expect AI adoption in business to grow even further in 2025.
One of the most widespread applications of AI is providing personalized experiences. Brands like Amazon, YouTube, and Netflix use it to harness big data and provide targeted watching and shopping experiences. The online gaming industry has also joined this trend. Today, an online casino can offer game title recommendations based on your gaming experiences.
Modern online casinos use AI to analyze player behaviour, preferences, and gaming history. This allows them to recommend game titles that align with individual tastes, whether these include slot games, live dealer experiences, or table games like blackjack and roulette.
Other ways that businesses can benefit from AI in 2025 include:
- Analyze industry data and make strategic decisions.
- Provide 24/7 customer support via AI chatbots.
- Generate marketing videos, images, and other content.
- Deploy more intelligent AI-powered cybersecurity solutions.
Tech #3: Business Websites
Websites have existed since the advent of the first computers. However, these online pages have become even more critical in today’s business landscape. Statistics show that 7 out of 10 small businesses own a website. On top of that, 7 out of 10 customers judge an organization’s credibility through a website. In other words, a website is a sure way to build customer trust.
Now consider this: many businesses provide similar services to yours. You can stand out by creating a website with distinct branding and clear information about your business. If used and managed correctly, a website can improve your ROI by increasing sales conversions. Plus, a good website can serve as a customer service platform.
However, statistics reveal that 30,000 websites are under attack daily. Here are a few tips to stay safe:
- Use the latest encryptions like SSL and TLS.
- Install firewalls with bot protections.
- Update your operating systems and browsers.
- Use strong passwords and implement 2FA.
Tech #4: Cloud Computing
Are you still figuring out whether or not to add cloud computing to your business in 2025? You’re behind 90% of companies that are already doing that, according to O-Reilley. Today, this technology is already mainstream in the business sector, where vast workloads are handled in the cloud. And yes, there are many reasons why businesses have embraced this technology.
First, cloud computing is scalable and flexible, meaning a company doesn’t have to invest heavily in servers and networks to use it. This technology can also improve employee collaborative efficiency, reducing operating costs and increasing revenues. Moreover, cloud backup can help with disaster recovery and business continuity. Don’t be left out of this transformative technology.
Tech #5: Sustainable and Green Technologies
It may seem like the world is moving a little too fast technologically. However, some of these technologies come at the cost of environmental degradation. Blockchain and AI technologies are standout names in this case. For instance, a report by Slash Gear reveals that a single AI-generated image can consume energy equivalent to 50% of a smartphone’s battery charge.
In 2025, expect more customers to lean towards green products. A study by Whistl in the UK reveals that 6 out of 10 customers occasionally purchase green products. Millennials are the largest green consumers at 67%. All in all, your business can enjoy increased customer trust and revenues by providing green products.
Conclusion
Maximizing these technologies can position any business firmly for future success. However, prepare for challenges like initial installation costs and limited public awareness. Security risks posed by AI-backed attacks are also a concern as we prepare for a new industrial era. Still, explore these tech opportunities to ensure your business doesn’t stay behind in 2025.
