Some analysts that specialize in business trends boldly declare that entire industries will soon die while forecasting the success of a new or existing industry. Although there’s often a slight truth to such predictions, the forecasts are typically based on inadequate research.
One blog has made the prediction that by 2020, the storage media industry will disappear due to an increase in cloud storage. Even though it’s true that cloud storage is growing increasingly popular, the claim that other forms of storage media will completely disappear is misleading.
Some small businesses use an Indianapolis website design that works great on mobile devices while making the mistake of ignoring what desktop users encounter. Of course, mobile browsing is more popular but that doesn’t mean desktop use is coming to an end. It would be better to use an Indianapolis website design that’s responsive on mobile devices and desktops.
Another claim you may hear is that a few investors are flocking to the crypto currency market but is it wise to make business decisions based on it? Likely not since reputable investors are scrupulous and pay attention to detail as they make strategic decisions based on sound research.
Change in the world of business can be rapid and wipe out businesses that fail to act appropriately which is why it’s a good idea to always be vigilant. However, before you jump into a business decision or abort any important projects, take the time to dig deeper and research how the trend forecast will affect your specific niche.
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