• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • Skip to footer
  • Home
  • Subscribe
  • Your Membership
    • Edit Your Profile
  • Services
    • Advertising
    • Case studies
    • Design
    • Email marketing
    • Lead generation
    • Magazine
    • Press releases
    • Publishing
    • Sponsored posts
    • Webcasting
    • Webinars
    • White papers
    • Writing
  • Shop
    • My Account
    • Cart
  • About
    • Contact
    • Privacy
    • Terms of use
  • Events

Robotics & Automation News

Market trends and business perspectives

  • News
  • Features
  • Video
  • Webinars
  • White papers
  • Press releases
  • Featured companies
    • AMD Xilinx
    • BlueBotics
    • Elite Robot
    • RGo Robotics
    • SICK Sensor Intelligence
    • Vicor Power

Where Do You Look When You Want to Purchase Cutting-Edge Technology for Your Business?

July 20, 2021 by Mark Allinson Leave a Comment

More and more people are opening up to the idea that technology can essentially run our businesses solo. If you’re planning on starting a single-person business, then technology is like an employee that never gets tired and never complains.

It’s essential for making certain tasks easier and it can gradually expand as you need it to perform more functions and handle more tasks. However, technology can involve anything from a simple laptop to a cutting-edge piece of machinery that is specific to your use case.

Technology is an extremely generic term of basically anything that we use in our businesses, and this can open up a few misconceptions with terms like “cutting-edge technology”.

In general, anything that is referred to as cutting-edge tends to involve some kind of risk. It could be a risk because it’s not been tested in the field yet, or it could be a risk because it’s just too expensive to purchase for a regular business and needs a massive monetary investment.

Whatever the case is, anything cutting-edge tends to come with potential negatives and this must be considered before you decide to purchase and implement it into your workflow.

Image by Obi Onyeador on Unsplash

So where do you look if you want to purchase cutting-edge technology for your business?

For the latest in technology, you need to start networking

Of all the business responsibilities that you have, networking is probably one of the most important things to consider because it opens up many different opportunities that you can take advantage of.

For example, attending corporate events is a fantastic way to learn about the latest technologies that people are working on and they can explain how they could be implemented into your workflow. Some early concepts can still be extremely promising and you might find yourself excited to add them to your business despite their early state.

So the next time you find yourself at a networking event or business conference, don’t hesitate to start speaking to others and finding out about the latest developments in the industry.

Looking for specialists to provide and maintain machinery for you

To many businesses, cutting-edge technology generally refers to anything expensive that can drastically speed up the company’s workflow. For example, a UV laser engraver is an expensive piece of machinery that allows you to engrave, mark, and even cut a number of different materials.

This can include brass, copper, PVC, rubber, acrylic, or even glass. Such a machine is extremely expensive, but for companies that work with many different kinds of materials like this, it can be extremely helpful and will help you create loads of different unique items in a shorter time frame.

But investing in a pricey machine like this takes a lot of consideration and a lot of planning. You should be looking at how much it costs, how much it can speed up your workflow, and how much money you’d ultimately be saving. It’s all about scaling up your business to accommodate the different levels of the cost involved.

Consultants can also be a great option if you’re looking for a specific solution

Consultants can be very expensive, but they also have more contacts than you and are able to strike excellent deals with hardware manufacturers and machinery specialists. If you’re unsure where to look for certain kinds of machines and business tools, then a consultant is generally the best person to speak with.

Accessing cutting-edge technology typically involves creating many new contacts and being able to freely speak with developers and manufacturers. Consultants can help you open the door so you can network with these people and companies.

If you’re just looking for a specific kind of machine or solution for a problem in your business, then consultants can help with that too. While it can seem expensive to hire someone that will ultimately find an even more expensive piece of machinery for you to buy, it’s the most stress-free solution since someone is doing all of the work for you.

Don’t forget about your responsibilities when adopting cutting-edge technology

You have many different responsibilities to consider when you’re adopting cutting-edge technology and it’s important that you don’t overlook them.

For example, you need to maintain the technology which often means learning more about how it works. You should understand the processes inside the machinery that you’re using, and you should be studying the manual for any new software that you’re using. The deeper your understanding is, the more likely you’ll be able to use the technology at its maximum potential.

Failing to do this means a wasted investment and it’s likely that you’ll just waste money in the near future. Make sure you’re doing everything you can to study about cutting-edge technology so that you can see if it’s truly a good fit for your business.

There are also some industry-wide responsibilities for people that want to adopt cutting-edge technology. For example, reporting your findings and publishing them so that the manufacturer can improve the technology for the future is extremely important.

Instead of keeping it to yourself as a secret, there are many things that you can do which will improve the industry as a whole and also encourage competitors to come up with new cutting-edge solutions that will benefit everyone in the business.

Should you really invest in cutting-edge solutions?

There are many situations where a business should just stick to established solutions so they can scale up their business and grow steadily. However, taking risks is just a part of running a business and it’s essential that you try and do everything you can to generate more value through your business.

Adopting the latest technology helps you break the mould and gives you a better chance of growing your company, hence why it’s so important to consider using new solutions in your business.

As long as you’re willing to take on the responsibilities that come with adopting the latest technologies, we highly recommend investing in unique solutions that could take your business to the next level.

Main image by Christina @ wocintechchat.com on Unsplash

Print Friendly, PDF & Email

Share this:

  • Print
  • Facebook
  • LinkedIn
  • Reddit
  • Twitter
  • Tumblr
  • Pinterest
  • Skype
  • WhatsApp
  • Telegram
  • Pocket

You might also like…

Filed Under: Business, Promoted Tagged With: business, cutting-edge, expensive, extremely, latest, machinery, responsibilities, solutions, technology

Join the Robotics & Automation News community

Reader Interactions

You must log in to post a comment.

Primary Sidebar

Latest articles

  • What to Look for When Searching for a Metal Fabrication Company
  • Unlock the Benefits of 25G Network with 25GBASE-SR Modules
  • Best Dentists in Dallas
  • Körber develops new robotic system for de-palletizing pallets to trays
  • Autonomous logistics startup Venti Technologies raises $28.8 million in Series A funding
  • Autonomous mobile robots market expected to expand at 22 percent a year
  • Will a robot take my job? Notre Dame researcher says this view is overly pessimistic
  • Flexiv partners with Doco Engineering to meet ‘expanding US robotics demand’
  • Addverb opens second software development centre in India
  • ABI Research gives 16 autonomous forklift system vendors competitive rankings

Most Read

  • Top 20 electric vehicle charging station companies
    Top 20 electric vehicle charging station companies
  • Top Benefits of Using Automation in Your Business
    Top Benefits of Using Automation in Your Business
  • Scientists have found more water in space than they ever knew possible
    Scientists have found more water in space than they ever knew possible
  • Difference Between Three-Phase and Single-Phase Power
    Difference Between Three-Phase and Single-Phase Power
  • What You Need to Know About Fixing an Engine Misfire
    What You Need to Know About Fixing an Engine Misfire
  • How to Know if Your iPhone is Being Tracked? Check This!
    How to Know if Your iPhone is Being Tracked? Check This!
  • IoT Basics: A Guide to the Internet of Things for Beginners
    IoT Basics: A Guide to the Internet of Things for Beginners
  • Top 20 programmable logic controller manufacturers
    Top 20 programmable logic controller manufacturers
  • Why is My Car Key Stuck in the Ignition?
    Why is My Car Key Stuck in the Ignition?
  • Hengbot unveils ‘world’s first robotic dog with musculoskeletal limbs’
    Hengbot unveils ‘world’s first robotic dog with musculoskeletal limbs’

Overused words

ai applications automated automation automotive autonomous business companies company control customers data design development digital electric global industrial industry logistics machine manufacturing market mobile operations platform process production robot robotic robotics robots safety software solution solutions system systems technologies technology time vehicle vehicles warehouse work

Secondary Sidebar

Latest news

  • What to Look for When Searching for a Metal Fabrication Company
  • Unlock the Benefits of 25G Network with 25GBASE-SR Modules
  • Best Dentists in Dallas
  • Körber develops new robotic system for de-palletizing pallets to trays
  • Autonomous logistics startup Venti Technologies raises $28.8 million in Series A funding
  • Autonomous mobile robots market expected to expand at 22 percent a year
  • Will a robot take my job? Notre Dame researcher says this view is overly pessimistic
  • Flexiv partners with Doco Engineering to meet ‘expanding US robotics demand’
  • Addverb opens second software development centre in India
  • ABI Research gives 16 autonomous forklift system vendors competitive rankings

Footer

We are…

Robotics and Automation News was established in May, 2015, and is now one of the most widely-read websites in its category.

Please consider supporting us by becoming a paying subscriber, or through advertising and sponsorships, or by purchasing products and services through our shop – or a combination of all of the above.

Thank you.

Independent

Archivists

July 2021
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031  
« Jun   Aug »

Complex

Old-skool

This website and its associated magazine, and weekly newsletter, are all produced by a small team of experienced journalists and media professionals.

If you have any suggestions or comments, feel free to contact us at any of the email addresses on our contact page.

We’d be happy to hear from you, and will always reply as soon as possible.

Future-facing

Free, fair and legal

We support the principles of net neutrality and equal opportunities.

Member of The Internet Defense League

Copyright © 2023 · News Pro on Genesis Framework · WordPress · Log in

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT