In case you missed them, here are the five new technologies of the week, and their possible impact on your business.
Google offers businesses and schools the Google Suite until July
Google capitulates to coronavirus. The company announced this week that it will provide access to the new Hangouts features to all users of the Google Education or Basic Suite, until July 1 this year. This extension will allow users to use professional features including videoconferencing calls of up to 250 people, the ability to record meetings, or stream live content for more than 1,000 people.
The impact on the market: the sectors most affected by coronavirus are trade and education. In fact, there are more and more large companies like Twitter encouraging their employees to work from home. That’s why Google wants to help as much as it can, by allowing businesses and schools to stay connected to each other. Knowing that it’s time for containment and that companies are forced to find solutions for the safety of their employees, this is an opportunity to take advantage of the benefits of the Google Suite and its cloud.
The new business dynamics following coronavirus
As mentioned above, coronavirus forces companies to find solutions to protect their employees without impacting their productivity.
More and more companies are allowing their employees to work from home. According to a recent study, 69% of companies in the United States support telework and the number continues to grow. In the United States, Slack and Zoom — two pillars in the professional computer tools and software sector — have seen an increase in their actions in recent weeks as a result of the reorganization of the corporate workspace.
Impact on the market: With this new dynamic of working remotely, more and more people need software and computer tools to use at home. That’s why office software management companies are successful. Other application providers also encourage their customers to use their IT tools from home.
The most easily hacked passwords
F-Secure, a company whose mission is to identify and analyze cyber security vulnerabilities, has been able to determine which passwords are most likely to be hijacked by hackers. Recent studies have shown that passwords such as “admin,” “12345,” “default” or “password” are the weakest passwords in the face of cyberattacks. The United Kingdom Government has issued instructions that any device connected to the internet should have a unique password and different from any factory setting.
Market Impact: Using identical or too simple passwords for multiple devices or accounts is an error and endangers your data and network. Today, data protection is more important than ever, especially for businesses. You have to take the time to secure your network-connected devices properly and it starts with a password containing capital letters, lower cases, numbers, characters or a sentence that will never come to mind from the first hacker who would try to hijack your password.
Kabbage launches new financial management tool
Kabbage, a technology finance company, announced that it was entering the micro-enterprise market with a new financial management tool Kabbage Insights. This tool allows users to take a detailed snapshot of their financial flow. Allowing a better view of their business, managers of micro-enterprises will be better able to make financial decisions. Kabbage Insight uses artificial intelligence to collect the data needed to analyze the financial flow of small businesses.
The impact on the market: this is exactly what the small business market needs, in addition to capital: tools, guides, instructions and real advice to better manage its finances. This includes ensuring that each party finds an interest in each transaction.
Microsoft improves Teams app for live meeting broadcast
Microsoft has announced that its teams have made some changes to its communications platform, Teams to simplify its operation. This includes allowing users to transfer emails or conversations between Outlook and the Teams chat. Meeting or call applications have also been improved to allow users to hear or see what’s happening in meetings even if there’s a lot of noise around or the sound quality is poor. A tag option has been added to allow better messaging to large groups of individuals.
The impact on the market: Slack’s direct competitor is gaining more and more market space thanks to these improvements. The Teams app has more and more users, especially among those who own the Office suite.