Top 5 Most Outstanding IT Business Solutions that Skyrocketed in 2022

Right hardware, software, and other resources are essential for a company's profitability. Today, more and more organizations are looking for solutions that will reduce costs, increase the speed of work and boost the efficiency of employees. Therefore, the use of modern IT technologies for business is becoming almost indispensable. With their help, it is possible to automate routine tasks, improve logistics and production, as well as predict the results of work and generate the necessary reports. In times of challenging economic conditions and various global incidents, the trend towards the implementation of IT solutions in companies' infrastructure increases even more. This is especially noticeable when analyzing statistical data, which says that the share of such technologies in business is growing exponentially.

This article will help you understand what role IT solutions play in the successful functioning of a business and what are the most promising areas of development of such solutions today. You will also learn about what are the main types of IT solutions the market offers. At the end we will show you the top 5 most prominent and well-established IT solutions of 2022.

IT Solutions as an Integral Part of Successful Business Functioning

Today, software and information technology have tightly integrated into all spheres of our lives and, in fact, have become an integral part of many products and services. Information technologies are widely used in business, changing the process of production, promotion, and realization of various tangible and intangible goods. There are many software products to optimize business processes, increase control over document flows, and maintain internal documentation. Information technology made it possible to exchange information over great distances and do business in different countries. It enables unlimited business expansion and, what is important, allows for automation of the management process as a whole. In addition, such technologies significantly reduce the time for transactions, collection, and processing of information, which means that introducing IT in the business allows the most rational use of production resources. Today, thanks to IT systems, commonly used products have become interactive.

Given that information technology is currently in demand and will be even more so over time, companies need to implement IT solutions not only in business management but also in products and services. This is necessary in order to maintain their competitive position in the market. The modern world market is a complex system that changes under the influence of supply and demand for goods and services. These processes are influenced by the emergence of new needs, new technologies, new organizational forms of cooperation, and new methods of competition. As worldwide competition grows rapidly, it's becoming increasingly important to discover new methods for improving product quality and discovering untapped markets.

With the rise of information technology, competition in the market has taken on a new form and become even more fierce. Companies must be vigilant if they want to stay ahead of their rivals and succeed; information is key here. In international business, having knowledge about current market conditions as well as your competitors' strategies for entering markets, marketing approaches, and pricing can give you an immense edge over others.

Information technologies give companies many opportunities to promote their products in the market ahead of competitors. They also provide companies operating in international markets with various communication and business optimization solutions. By introducing information systems that can monitor the training level of their personnel, companies can enhance the quality of their products and services, thus boosting their competitiveness in local and international markets.

Most Promising IT Destinations for Business Today

Today in IT, there are quite a few interesting and promising directions for the development of digital products, which businesses can implement into their processes. This makes it possible to optimize production and advertising costs, increase work efficiency, and automate routine tasks. Below are a few of them.

• Cloud Technologies

These technologies are running on cloud providers' servers. Companies are moving large amounts of data to cloud platforms and even deploying full-fledged applications and artificial intelligence systems on them.

The advantage of cloud platforms is that you can use the infrastructure for a project as you need it. If some cloud storage services are no longer needed, a company can disconnect them to avoid paying for unused capacity. With cloud platforms, the company reduces the time it takes to build a solution and get it to the market. Businesses do not need to buy their own equipment, build the infrastructure and hire specialists who can maintain it. All services can be ordered on a turnkey basis from a specialized organization.

• Blockchain Technology

Nowadays, the whole world knows about blockchain technology and its benefits. In the framework of using information technology in the form of blockchain, businesses can, for example, be integrated into the metaverse – a separate digital space that merges with the real world. There, users buy virtual goods for their avatars, place orders with home courier delivery, and even study in special campuses.

Any business can go beyond reality and connect the metaverse with offline processes. Such a move provides an opportunity to expand the target audience, form new sales channels, and increase brand awareness. A major clothing brand can develop exclusive outfits for virtual game characters or present a new collection on 3D avatars to attract public attention. For example, in 2021, fashion house Balenciaga created the video game "Afterworld" and presented its fall collection there.

• Generative AI

Neural networks, using machine learning, analyze all the content that people have created. Based on this data, algorithms create their own texts, images, videos, and drawings. Humans even use modern generative models to automate programming and solve engineering problems. For example, algorithms can offer more concise and optimized versions of code. And they are also able to create structures with efficient internal constructions, which allow for significant savings on materials during construction.

Companies can use generative artificial intelligence to create new forms of creative content, such as videos. In doing so, the developed videos will not repeat the content that the neural networks have learned – that will be a whole new product. Over time, artificial intelligence can be entrusted with the creation of content: it will create more "catchy" ads that precisely hit the interests of the target audience and reduce the cost of promotion.

Main Types of IT Business Solutions on the Market

Information technology these days is closely intertwined with traditional business areas, so more and more companies order IT services for the organization and maintenance of computer infrastructure. Qualified technical support brings many advantages to entrepreneurs: it increases labor productivity, maintains equipment operability, and saves salary funds. It can help to ensure uninterrupted work of the enterprise and timely responses to critical incidents in the work process.

Since the provision of IT services for business involves several participants, each firm independently selects for itself the variety of services it needs. Most often, IT service providers distinguish the following main types of their activities:

• Monitoring

IT provides the ability to monitor the company's network, Internet traffic, computers, and other devices with Internet access. Monitoring allows IT to keep track of who is accessing corporate information, whether any technology repairs are needed, and whether any computers require software upgrades or modifications. Essentially, this IT service ensures that your team members have the tools and resources they need to perform their tasks.

• Backup Solutions

Information backup services can help protect your business data in the event of any problems, such as a power outage or system failure. Backup solutions protect information from loss by storing copies of data on external hardware or online platforms such as a cloud service. Many information backup services include file backups, server backups, and even desktop backups. And by scheduling automatic backups of their files, businesses can ensure that the most current versions of those documents remain secure and protected.

• Cloud Solutions

A cloud solution is an Internet-connected platform that can store and access information and programs. Cloud services provide members of business groups with many ways to interact with the technology they need. Because information is stored in the cloud rather than on a computer, team members can access and use it both at home and in the office. Some cloud services can even run operating systems remotely, allowing team members to use internal business software without installing it on their computers.

• Software as a Service (SaaS)

Software as a Service (SaaS) refers to software that requires a paid subscription. This may include word processing or database software. IT can link you to the services you need and track your connection so you can make sure you can use it when you need it. Using software-as-a-service sometimes includes access to the cloud, so your team can work remotely on their devices if necessary. With most SaaS subscriptions, businesses get additional IT service features, including technical support for the software.

Top 5 Most Prominent IT Business Solutions Well Performed in 2022

Now that you know that IT solutions are integral to the successful functioning of a business, as well as what the most promising IT areas for business today and what the main types of IT solutions for business exist on the market, it is time to talk about the top 5 most outstanding business solutions in the field of IT.

1) Monday.com

Israeli project management service designed for both teams and single users, Monday.com has become one of the world's most popular solutions for collaboration and project management in a short time. In 2022, the company launched the system and added the possibility to create clients' own applications for the automation of specific business processes of a certain company which made its popularity grow even higher.

No programming knowledge is required to work with the program: you just choose a template and fine-tune it with the help of blocks in a visual editor. For example, you can make a reservation system for rooms in a small hotel, or a simple CRM system. In addition to the designer for dummies, there is a platform for developers. In particular, it will help third-party services to integrate with Monday.com (they already have integrations with the most popular ones – Gmail, Jira, and Slack). Generally speaking, Monday.com founders formulate their goal as the creation of Work OS – an operating system for work.

2) Tableau

Tableau is a software for interactive business intelligence and data visualization. It helps to conduct an in-depth analysis of a large amount of information and present the results in a convenient and intuitive form. Tableau can interact with cloud solutions (Dropbox, Google Tables, AWS Redshift, etc.), as well as modern data analysis tools, such as Python and R.

Tableau is used by more than 100,000 organizations worldwide. They include Amazon, British Petroleum, Apple, Walmart, Heineken, Starbucks, Pfizer, Coca-Cola, Bank of America, Barclays, and other giants. The program is popular with business and data analysts, BI engineers, data scientists in IT, telecom, banking and finance, manufacturing, transportation and logistics, retail, distribution, and other industries.

3) Zoho Analytics

Zoho Analytics is a business intelligence and analytics platform, available both in the cloud and locally, that helps small and large organizations get valuable insights from their business data and allows users to easily create and share powerful reports in minutes.

You can download or synchronize data from spreadsheets, web applications, or traditional apps, create powerful reports and dashboards using a simple drag-and-drop interface and share reports and dashboards with key performance indicators. Zoho Analytics also offers connectors for both rational and NoSQL databases and connects to cloud databases. Zoho Analytics is compatible with Windows, Mac and iPad and can be accessed on all devices with an active Internet connection.

4) Notion

Notion is a relatively new service for creating notes and text documents, to-do lists, databases, tables, kanban boards, knowledge bases, project management and collaboration. The service has paid and free versions. The first one costs from $5 to $10 per month and is distinguished by an extended set of functions and storage capacity. It works as an application on your smartphone or computer, as well as online in a web browser.

Notion contains notes, a task manager, an organizer, and a creative workshop. It's especially handy if you have to work with different file formats and documents – you can combine them into one project. Inside, there's a workspace where you can create pages with attachments, a sidebar with a page tree, and a main field for creating and editing blocks.

5) airSlate

airSlate is a SaaS company whose main product is a service for document automation. The platform allows creating and automating processes in a visual editor, where complex solutions are formed by dragging and dropping elements and customizing them. airSlate is suitable for automating tasks of accounting, sales and marketing departments. According to airSlate, the company has over 20 million customers and more than 700 employees.

airSlate combines several work options – RPA platform, document management automation and business process automation. Robotic Process Automation (RPA) allows you to automate routine processes with the help of bots and their settings. Document automation in airSlate automatically fills in and edits documents, signs and deals with contracts from business partners.

Conclusion

Without a doubt, information technology plays an important role in today's business environment, helping to improve the production process, develop improved marketing strategies and reduce various costs in the life cycle of a business. Solutions built with the use of such technologies have become the cornerstone of technological progress, which opened a new era of digitalization of society. One way or another, IT solutions have become an essential part of any organization's infrastructure. These innovative solutions not only enhance the key performance indicators but also give businesses a competitive edge in the market and can push them toward new heights of success.