In the face of rising inflation and global economic uncertainties, Nigerian businesses are seeking ways to optimize operations and enhance cost efficiency. Kehinde Ogundare, Country Manager for Zoho Corporation in Nigeria, emphasizes the transformative role of technology in enabling businesses to achieve these goals.
“Technology is not just about cutting costs; it’s about unlocking new avenues for growth,” Ogundare asserts. “By adopting the right technologies and implementing them strategically, businesses can strengthen their resilience and emerge stronger from current challenges.”
Ogundare underscores the potential of remote and hybrid work models in reducing office space expenses, a significant cost factor for many businesses. He highlights that with advancements in collaboration and communication tools, businesses can maintain productivity and efficiency while minimizing physical office requirements.
“Remote and hybrid work arrangements also facilitate business expansion into new regions,” Ogundare adds. “Businesses can tap into a wider talent pool and reach a broader customer base without the limitations of a traditional office setup.”
Cloud adoption presents another opportunity for cost savings and efficiency gains. Ogundare emphasizes the benefits of migrating data and processes to the cloud, eliminating the need for extensive paperwork and costly hardware maintenance.
“Moving operations to the cloud enables businesses to analyze data effectively and automate repetitive tasks,” Ogundare explains. “This frees up employees from mundane data entry, allowing them to focus on higher-value activities that drive innovation and growth.”
Ogundare’s insights underscore the crucial role of technology in empowering businesses to navigate economic challenges and achieve sustainable growth. By embracing technological advancements, businesses can streamline operations, reduce costs, and unlock new opportunities for success.
