{"id":844,"date":"2019-04-16T16:39:41","date_gmt":"2019-04-16T16:39:41","guid":{"rendered":"http:\/\/www.v2portal.com\/site\/?p=844"},"modified":"2022-08-25T15:00:08","modified_gmt":"2022-08-25T15:00:08","slug":"to-stay-competitive-mid-sized-companies-need-to-make-technology-part-of-their-strategic-planning-process","status":"publish","type":"post","link":"https:\/\/v2portal.com\/site\/to-stay-competitive-mid-sized-companies-need-to-make-technology-part-of-their-strategic-planning-process\/","title":{"rendered":"To Stay Competitive Mid-Sized Companies Need to Make Technology Part of Their Strategic Planning Process"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; width=&#8221;100%&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243; locked=&#8221;off&#8221;][et_pb_column _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; type=&#8221;4_4&#8243;][et_pb_text admin_label=&#8221;ARTICLE CONTENT&#8221; _builder_version=&#8221;4.16&#8243; text_font_size=&#8221;16px&#8221; z_index_tablet=&#8221;500&#8243; border_style_all=&#8221;none&#8221; border_width_top=&#8221;25&#8243; border_width_right=&#8221;25&#8243; border_width_bottom=&#8221;25&#8243; border_width_left=&#8221;25&#8243; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>In the business world, technology often serves as the great equalizer\u2014enabling medium-sized companies to compete with larger corporations. That\u2019s certainly the case in today\u2019s landscape where technology tools like analytics, cloud computing, and the Internet of Things are enabling organizations to streamline their operations and pursue growth opportunities.<\/p>\n<p>This Washington Post article \u201c<a href=\"https:\/\/www.washingtonpost.com\/sf\/brand-connect\/wp\/enterprise\/how-midmarket-companies-use-tech-to-compete-with-the-big-guys\/?noredirect=on\" target=\"_blank\" rel=\"noopener noreferrer\">How mid-size manufacturing and distribution companies use tech to compete with the big guys<\/a>\u201d explores the topic\u2014noting that leveraging technology is key to the significant growth mid-sized companies and industrial manufacturers have seen in the past couple years. Here are a few notable pieces of information from the article:<\/p>\n<ul>\n<li>20% of technology spending by midsize companies goes toward innovative areas like data analysis<\/li>\n<li>Cloud technology gives manufacturing companies access to the same computing power as their much-larger competitors<\/li>\n<li>Only 36% of companies are actively using the Internet of Things (IoT) to make operations more efficient<\/li>\n<\/ul>\n<p>For continued growth and expanding market share, mid-market companies will need to leverage technology for customer experience and efficiency. If technology is not part of your strategic planning process and you are not currently engaged to understand the use of technology to benefit your company, you are falling further behind the competition (companies larger and smaller) every day.<\/p>\n<p>[\/et_pb_text][et_pb_button button_url=&#8221;https:\/\/www.washingtonpost.com\/sf\/brand-connect\/wp\/enterprise\/how-midmarket-companies-use-tech-to-compete-with-the-big-guys\/?noredirect=on&#8221; url_new_window=&#8221;on&#8221; button_text=&#8221;VIEW FULL ARTICLE&#8221; button_alignment=&#8221;center&#8221; admin_label=&#8221;BUTTON&#8221; _builder_version=&#8221;4.16&#8243; z_index_tablet=&#8221;500&#8243; global_colors_info=&#8221;{}&#8221;][\/et_pb_button][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the business world, technology often serves as the great equalizer\u2014enabling medium-sized companies to compete with larger corporations. That\u2019s certainly the case in today\u2019s landscape where technology tools like analytics, cloud computing, and the Internet of Things are enabling organizations to streamline their operations and pursue growth opportunities.<\/p>\n","protected":false},"author":1,"featured_media":865,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-844","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-v2-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>To Stay Competitive Mid-Sized Companies Need to Make Technology Part of Their Strategic Planning Process - V2 Technology<\/title>\n<meta name=\"description\" content=\"In the business world, technology often serves as the great equalizer\u2014enabling medium-sized companies to compete with larger corporations.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/v2portal.com\/site\/to-stay-competitive-mid-sized-companies-need-to-make-technology-part-of-their-strategic-planning-process\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"To Stay Competitive Mid-Sized Companies Need to Make Technology Part of Their Strategic Planning Process - 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