The mass migration of technology into the Cloud opens up further possibilities to monetise a company’s technology by taking advantage of Software as a Service (SaaS) that allows for recurring revenue streams and higher company valuations. Technology can be part of any innovative company’s strategy, even if your business doesn’t necessarily fit into the neat traditional concept of a technology company. The integration of scientific and technological innovation into your business can also attract significant tax benefits, including the Governments research and development tax credit.
Whichever sector the company is in or whatever the objectives the company is pursuing, Business Process Automation (BPA) technology via Digital Transformation can help those goals to be reached faster and more efficiently while increasing productivity. Companies that integrate science and technological innovation into their business model, can grow more rapidly and command much higher valuations as a multiple of their revenues, than those companies that are reluctant to embrace important innovation into their business model.