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Is ‘New’ Always Better In Business?

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Mobile technology has become the buzzword of the moment. With the rise of the smartphone, it’s become clear that the industry is a thriving one, and companies everywhere are keen to jump on the bandwagon.

From developing mobile payment options to creating a range of exciting apps that can achieve everything from booking train tickets to playing your favourite TV shows, it’s no surprise that many of us have come to believe that “new” is tantamount to “better” in the world of mobile business.

However, despite popular belief, this may not necessarily always be the case. In fact, there are some ways in which the latest developments are proving to be more problematic than older technology. Here, we take a look at some of the advantages and disadvantages of rushing to adopt the newest thing.

Risk Of Cybercrime 

Although the latest technology offers a host of advantages for users, not least the capability to do more on the go, it also brings a significant downside – the risk of cybercrime. As more of us use smartphones while out and about, often signing into unfamiliar servers and connections, the chances of our personal and financial data being hacked and used by cybercriminals rise exponentially.

This is especially true when it comes to using banking or payment apps that require the use of sensitive information.

More Advanced Technology Produces More Complex Issues

Although many of us are clamoring for the latest handsets and queuing around the block for the most up-to-date iPhone the moment it hits the stores, there is a significant downside in rushing to adopt the latest technology too soon. Teething problems are all too common when it comes to cutting-edge developments and consumers who have raced ahead to snap up the newest thing on the shelves often find that their device breaks down or suffers from extensive issues from the get-go.

From malfunctioning biometric readers to screen or camera issues, it’s clear that “new” doesn’t necessarily mean “better” in this context.

Access To More Products And Services

Yet it isn’t all doom and gloom when it comes to the adoption of the latest technology. Those who are still using older devices are increasingly finding that they cannot access the products and services that they want or need to due to the age of the software and hardware that they’re running. A classic example of this can be seen in the older Apple iPhone models where users who are still using iPhone 4 or 5 handsets are now unable to download the latest apps.

This can be extremely frustrating for anyone who wants to start playing through their list of new slots online but who discover that they cannot access any of their favorite casino apps. In such cases, “new” could well equate to “better” for those who value the most engaging and interactive online experience.

As you can see, “new” doesn’t necessarily mean better, but that doesn’t mean that anything new should be avoided. Taking the time to do your research and to find out the pros and cons of adopting the latest technology is the wisest course of action so you can benefit from the developments that offer you advantages while steering clear of the innovations that are most likely to suffer from initial difficulties.

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