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January 18.2025

2 Minutes Read

Surge in AI Adoption Among Small Businesses Shows Hope Amid Economic Woes

Uncovering the Rise of AI in Small Business

The latest Verizon Business survey reveals an impressive trend: the adoption of artificial intelligence (AI) among small and midsize businesses (SMBs) in the United States has skyrocketed. With 39% of surveyed businesses utilizing AI in 2024—up from a mere 14% in 2023—it's clear that the potential of AI is being recognized and embraced. This transition is largely due to a growing familiarity with AI tools and their remarkable capacity to automate tedious tasks, allowing entrepreneurs to redirect their energy toward expanding their core operations.

Why Technology is Essential for Survival

Given today's economic landscape marked by inflation and uncertainty, it's no surprise that technology is seen as a lifeline for many businesses. The survey conducted by Morning Consult highlighted that 38% of small businesses have added digital components to their offerings over the past year. Likewise, 66% have seen fit to upgrade their internet bandwidth to satisfy increasing online operational demands. Technology investments are no longer an option; they are now fundamental to maintaining a competitive edge.

Social Media—The New Marketplace

As SMBs navigate this challenging environment, they are turning to social media to interact with customers and increase sales. A staggering 84% of respondents use Facebook for promotion, while platforms like Instagram and TikTok are also becoming indispensable. This pivot towards social media is not merely for trend-following; it reflects a strategic response to changing consumer behavior, especially as online presence becomes critical in reaching wider audiences.

A Bright Outlook Despite Challenges

Despite challenges like rising inflation and financial uncertainties—83% of respondents expressed concerns about inflation—optimism prevails among small business owners. More than half of the surveyed businesses believe their financial situations will improve in the coming months, showing that a proactive approach in leveraging technology is a key to resilience. In particular, brick-and-mortar businesses are refreshing their strategies, with many preparing for a strong holiday season.

Investing in the Future

To further support these efforts, Verizon Business is offering a free “tech check” during their Small Business Days, allowing entrepreneurs to assess their technology needs. The push is also reflected in Verizon's Small Business Digital Ready platform, providing essential digital skill training. This comprehensive approach aims not only to enhance immediate operational capabilities but to prepare small businesses for future growth and stability.

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Boost Your Team's Skills with Top Online Training Programs

Update Unlocking Employee Potential with Online Training Programs In a world where change is the only constant, effective employee development has become a cornerstone of successful organizations. Online training programs are transforming team capabilities by offering targeted courses that enhance essential skills, such as project management, data analysis, and cybersecurity. However, the challenge lies in selecting the right program that aligns with both organizational goals and individual employee needs. Top Choices for Employee Development Among the array of online training options available today, a few stand out for their comprehensive curricula and achievement-oriented learning experiences: Skillsoft: With more than 7,300 courses spanning business and computer science, Skillsoft is a go-to choice for businesses looking to foster a knowledgeable workforce. Leveraging AI-powered insights, the platform structures a tailored learning path for employees, ensuring they gain critical skills that are essential in today's fast-paced environment. Google Cybersecurity: As digital threats loom larger, Google Cybersecurity's course addresses pivotal skills in Threat Management, Incident Response, and Vulnerability Management. Rated 4.8 stars by 52,000 learners, its hands-on methodology prepares employees to protect their organizations effectively. IBM Data Science: This program offers a hands-on experience in mastering data analysis, a key competency in making informed business decisions. Integrated soft skills training enhances collaboration and teamwork, ensuring employees are well-rounded professionals. Google Project Management: Focusing on practical, real-world applications, this course teaches Agile methodologies and stakeholder engagement, pivotal for driving project success. Harmony Strategies Group: Known for its interactive workshops, this platform invests heavily in employee engagement through meaningful skills development. The Importance of Tailored Learning Experiences The true value of these training programs lies in their ability to provide personalized learning experiences. Skillsoft, for instance, harnesses the power of AI to adapt courses based on individual employee performance and learning preferences. This customized approach not only increases knowledge retention but also instills confidence in employees as they tackle new challenges. Preparing for Future Workplace Challenges As industries evolve, the skills demanded of employees are changing as well. According to data from the World Economic Forum, by 2025, approximately 85 million jobs may be displaced due to changes in labor division between humans and machines. Therefore, ensuring that your team is equipped with relevant skills is paramount. Online training programs allow organizations to upskill their workforce rapidly and sustainably. Conclusion: Embracing Growth in a Digital Age Investing in online training not only improves individual capabilities but also enhances overall organizational performance. By equipping employees with necessary skills, organizations can adapt to market changes, improve productivity, and maintain a competitive edge. Embracing a culture of continuous learning is crucial in today’s fast-changing business landscape. Ultimately, the choice of the right online training program hinges on understanding your organization's specific needs and challenges. Each program offers unique benefits that, when aligned with targeted development goals, can lead to remarkable results for your workforce.

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Surge in AI Adoption Among Small Businesses Shows Hope Amid Economic Woes

Uncovering the Rise of AI in Small Business

Why Technology is Essential for Survival

Social Media—The New Marketplace

A Bright Outlook Despite Challenges

Investing in the Future

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