Microsoft 365 and Its Significance to SMEs

Companies, that are built to last beyond the founder’s lifetime, have one thing in common. They are both efficient and effective. They optimize the bottom-line outcomes by utilizing their resources in a way that is unique, smart, and cost-effective. 

Now in the post-modern contemporary age, we see businesses equipping themselves with all sorts of innovative tools that are not only acting as the support system for the business but also a way to make processes faster, create an ease of access and generate efficiency.  

Traditionally, these high-end productivity tools were employed solely by large corporations, now although the inflection point has passed, Small Medium Business Enterprises ought to deploy these productive suites to remain relevant and thrive. 

The recent induction of Generative AI and Deep Learning mass adoption and rolling out in the consumer markets, its use cases are yet to be explored fully, but it remains foreseen and anticipated that organizations be they small or large will only propel further as leaders if they incorporate it in their core and augmented dimensions of businesses. 

Microsoft being a leader and staunch expert in AI, as is evident from the fact that they have funded the Open AI projects most notably “Chat Gpt”, and it intends to make these features available in their productivity suite. 

 As quoted directly from Microsoft official announcement:   “SMBs are rapidly becoming the new adopters of AI. Businesses are using AI-powered tools for sales and marketing automation and business operations automation. In fact, in a recent survey of 550 businesses with fewer than 200 employees, 72 percent said they are familiar with AI tools, with 48 percent using them daily.” 

And these numbers are expected to grow by far and large sooner than thought! 

Microsoft 365 offers a remarkable range of tools like Customer Voice, Dynamics 365, and Power Platform. These tools empower you to collect valuable customer feedback, streamline your processes, and even automate operations.  

It’s like having a personal assistant who can handle all your administrative tasks, so you can focus on what requires your most attention: running your business. Microsoft 365 is sort of like that personal assistant, but for your SME.   

“There are 11 million SMBs that now rely on Microsoft 365 solutions to help them achieve more than ever.” 

— Microsoft, 2023 

If we scour the blueprint of successful enterprises, we see Microsoft 365 services being avidly used in all of those spaces, enhancing the way businesses operate. From retail to telco to services, Microsoft 365 is helping businesses in every industry thrive.  

Retail businesses around the globe are improving their operational efficiency, customer satisfaction, and overall business performance using Microsoft 365 which is essentially enabling them to work better, serve customers better and sell more. Whereas in the service industry, Microsoft 365 helps service businesses give great customer service, work together easily, and make better decisions with their data, so they can serve their customers even better. 

So whether you’re in retail, hospitality, or the booming delivery industry, Microsoft 365 is your secret weapon to deliver outstanding customer service.  

If you’re looking for ways to reach and exceed your business goals, Microsoft 365 is a great place to start. With its wide range of tools and services, Microsoft 365 can help you improve your business in every way.  

Ready to streamline your business for the future? Connect with ITCS today to get your business equipped with Microsoft 365!