Business Technology Management
The technology of tomorrow has the potential to revolutionize our world. They can open new possibilities for businesses, ranging from automation to artificial intelligence. They also provide new methods to enhance human capabilities.
Technology is able to break down barriers between distances that allow people to connect instantaneously across the globe. It also makes it easier to manage large volumes of data and make decisions based on the insights. It is able to automate repetitive tasks, which reduces the chance of errors in manual processes.
In the past, the success of a business was based on the ability to manage the need to maximize production with the availability of resources. Technology allows companies to increase their output while reducing inputs. This is especially true for technological tools that enable process automation and data analysis. It’s not a surprise that these tools are utilized by almost every industry.
Quantum computing is one of the technologies that will be used in the near future. It will enable data to be processed more quickly and more efficiently than traditional computers. This is expected to revolutionise industries like automotive, aerospace chemicals, finance, and pharmaceuticals. It will also enable “edge computing” which will allow data processing to be closer to its source (ultra-low latencies) giving greater control and security.
CRISPR and other genetic engineering techniques are allowing us to reconsider how we approach disease, longevity, and even life itself. We are also witnessing advancements in mass-personalisation, micro-moments and even micro-moments that enable organisations to deliver highly personalized products and services in a rapid manner. Another exciting development is the brain computer interfaces (BCIs) which allow machines to be controlled by the human mind as well as wheelchairs for tetraplegic patients.
