These answers are provided by Young Entrepreneur Council (YEC), an invite-only organization comprised of the world’s most promising young entrepreneurs. YEC has also launched BusinessCollective, a free virtual mentorship program that helps millions of entrepreneurs start and grow businesses.

1. Cities

Major cities in the U.S., such as Boston, have already started planning for internet of things implementation. Everything ranging from street lights and parking meters, to sewage grates and sprinkler systems will be connected to the internet and interlinked. These will be huge breakthroughs in terms of saving energy and money. – Karl Kangur, MRR Media

2. Healthcare

Our healthcare system is slow, inefficient, and sometimes prone to error, yet it relies on many things that could be effectively automated and improved with technology. Telemedicine will be big, and so will additional technology to support operations such as record keeping, sharing reports across multiple locations, and dispensing antiviral medications. – Jessica Gonzalez, InCharged

3. Smart Body Analyzers

I could see these making a much bigger impact in 2018. Advances in devices that monitor oxygen levels, blood pressure, EKG, and temperature and are connected directly with all of your doctors could alter how we approach wellness check-ups moving forward. – Adrien Schmidt, OpenBouquet

4. Home Appliances

I think the more people understand this, the more it will have an impact on their home life. From their heaters adapting to the external temperatures, to their lights reacting to them entering the room, to their alarm clocks syncing to traffic. The IoT is going to completely change how everyone lives at home. – Colbey Pfund, LFNT Distribution

5. Video Doorbells

In the age of getting almost anything delivered to your door in only two days, it gives consumers additional peace of mind knowing who is at the door before opening — even allowing you to speak to someone at your door remotely. Video evidence also goes a long way in helping police prosecute package thieves. Plus, they are much easier to install than home security cameras. – Shawn Schulze, Names.org

6. Data Centers

We run several data centers in the U.S. and Canada. One of the most interesting IoT developments from our perspective will be the intersection of smart devices and augmented reality. Integrating IoT monitoring devices throughout the data center will allow operations and support teams to visualize the status of servers, network devices, and other infrastructure using augmented reality interfaces. – Justin Blanchard, ServerMania Inc.

7. Schools

I think schools will work on ways to create a more connected network between students, teachers and parents. This would change the learning experience and how homework and research is conducted away from the classroom. It may even make learning and school more interesting and engaging. – Angela Ruth, Calendar

8. Blockchain Technology

Blockchain adds a layer of security to digital transactions. As our smart home devices become more integrated into our daily lives, privacy becomes a concern, and especially who owns our data. Blockchain will allow IoT device owners to be in charge of their data. They could monetize and sell it in exchange for digital currency or choose to keep it private. – Jared Atchison, WPForms

9. Large Retailers

I think large retailers may use IoT to create large digital shopping malls that completely replace brick-and-mortar ones, where people can shop virtually and use augmented reality and their personal data from their own devices to enjoy a personalized experience.- Zach Binder, Bell + Ivy

10. Security

With growing adoption of IoT devices and ability to use them to buy things, IoT security has to be one of the next big things in order to provide consumers the peace of mind they need so as to share their health or payment information.- Zohar Steinberg, token payments

The post What’s Next: 10 Potential Applications for IoT Technologies appeared first on SmallBizTechnology.

You may think that there is just no way you’ll ever get rid of all that paper and that going paperless isn’t for the type of business you run.

But this is 2017, and going paperless isn’t such a big deal as it once was. Numerous apps and gadgets make the transition easier and if you put just a little bit of effort into it, you too will be able to enjoy all the benefits of a paperless business.

EVALUATE YOUR CURRENT SITUATION

Firstly, do a thorough check of the paper that flows through your office and make adjustments. In every office there is a ton of unnecessary paper that just flows around. Make sure you:

• Opt out of any unnecessary mailing lists
• Switch to paying your bills electronically
• Reuse any paper that is already out and about and recycle anything that you can’t use

Though getting rid of a single piece of paper may not seem important, every small step in the right direction counts.

In order to make any real progress, you’ll have to be ruthless. Though it may seem that it is absolutely necessary to hold onto that specific bill or a note, but more often than not, it’s not true.

There is a simple rule to follow when throwing away stuff: when in doubt, get rid of it! At the beginning it does seem scary, but you’ll soon realize how satisfying it feels to de-clog your professional life.

A GOOD SCANNER IS YOUR BEST FRIEND

Once you’ve sorted things out, you will have to transfer all the relevant leftover paper data into an electronic version. This means you will have to invest in a scanner. If you regularly scan double-sided documents, a double side document scanner can offer speed, convenience, and efficiency.

Luckily, scanners nowadays are no longer expensive, nor do they take much space. An investment in a small, quick scanner that provides you with solid images won’t cost you too much. There are also scanners which are integrated with planning apps and digital filing cabinets, which is always useful!

Another necessary step you’ll have to take is to digitalize your signature. If you are running any kind of serious business, often times you have to sign a receipt, a delivery list, or any number of documents that regularly pass through an office.

Sign your signature clearly and scan it. That way, you’ll get a digital version of your signature so you’ll no longer have to print things out to sign them.

MAKE THE BEST OF AVAILABLE APPS

You will also have to think about how to manage your documentation. Cloud document management systems, like the versatile FolderIt, will allow you to share the documents among the employees, approve documents or workflows, set up notifications and reminders, search your documentation and much, much more.

Not only that, but if you opt for a cloud based solution, you will also be able to access all of your files remotely from any device that has internet access. You will no longer be confined to a single work space and you and your team will be able to do serious work wherever you are.

Don’t be afraid to utilize more than one app. Smart use of available technology will get you much further than just plainly managing your documents.

Apps will help you:

• Be productive and stay on track
• Collaborate more easily and with less paperwork
• Plan, strategize and organize
• Make networking easier
• Manage e-mails and much more

MAKE SURE YOU HAVE A SOLID BACKUP

The good thing about paper is that it was palpable. Even if something got lost in the filing, 9 out of 10 times you were able to find it with a thorough search expedition.

Unfortunately, this isn’t the case with the electronic documentation. A dead hard drive will take your data to the grave with it. So make sure that everything that is important has a solid backup.

This also means you should inquire with your cloud service provider how protected your data is and what is their recovery policy if anything goes wrong (and if recovery is included in the price or will you have to pay extra).

DIGITAL NOTEPADS

You and your team will no longer be able to write down notes by hand. No more carrying around pens and pads, and scribbling down things in meetings.

Instead, you’ll have to utilize touch screen laptop, smartphones and tablets.

If investing in tablets for every member of your team is just too expensive for you, designate a person in every meeting that will take notes for everyone and distribute them to team members afterwards.

GOING PAPERLESS IS A TEAM EFFORT

One thing worth mentioning is that going paperless is not only about installing the apps and getting the necessary gadgets. It is about changing the work culture and a strong team effort. Everyone in the team will have to be up for making a change. This means that each and every member of your team will have to think twice before deciding to print out a document or writing down something instead of using a digital planner.

Experience has shown that the biggest problems small and medium businesses have when switching to a paperless work mode is not the lack of necessary tools or equipment, but the uncooperative workers who are deeply set in the way they’ve worked so far.

Getting everyone aboard and really standing behind the idea of a paperless office is crucial for success.

Explain to your teammates that the benefits are clear. They will be able to work faster and more efficient. A lot of money will be saved in the end while at the same time less clutter will be created and the work environment will be nicer. Searching for specific data or documentation will be faster and easier. And in the end, it all has a special plus of being positive for the environment (which also means that you can advertise your company as eco-friendly)!

So don’t be afraid to take the leap! It’s guaranteed you’ll be happy with the results of a paperless work environment.

The post It’s 2017 – Time To Go Paperless In Your Office appeared first on SmallBizTechnology.

I remembered reading the article about hardware on Doms Tech Blog last month. They wrote in the article that Hardware is getting so cheap, so small and so much more powerful. I’m not sure how much brand name is going to matter anymore.

But I do know that that the apps you use, the software you use and how it all works together is so important. Of course your speed and connectivity to the Internet is important as well.

In 2016, spend less time on expensive hardware and spend more ensuring you have the software tools that can make you more productive and improve your collaboration and communication.

Does this mean you should IGNORE great hardware – of course not. A good iPad, or a solid Microsoft Surface or any number of mobile devices from HP, Dell, Lenovo and other vendors are important. Your printer, desktop computer and other office hardware is CRITICAL. But there’s no need to spend a LOT of money on hardware – spend more money on software and how to use it.

Here I’m pictured with a Microsoft Surface tablet – waiting for tires to be fixed at Sam’s Club.

The post In 2016: Buy Cheap Hardware, Invest in Software, Apps and Customization appeared first on SmallBizTechnology.