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How Technological Advancements Impact Modern Businesses

How Technological Advancements Impact Modern Businesses

By RossBackup (596 words) | Posted in Common Sense on July 22, 2014

There are (2) comments permalink

The impact technology has over daily life is ever increasing and expanding. Business meetings are now scheduled through e-mails and iPhones, tablets have taken over the classroom and news comes from Internet sites rather than newspapers. Technological advances continue to demand that businesses grow, shift and adapt in order to stay competitive in today's rapidly changing marketplace.

Technology not only changes how a business conducts business, but how employees are valued by a corporation. Once upon a time, individuals were valued for being able to know a particular trade. With the Industrial Revolution, people saw their trade and labor value severely diminish as machines were able to perform routine tasks at a quicker, more efficient pace. The business atmosphere changed from a trade based to a knowledge based economy. In this new way of conducting business, employees were valued for intellect. As technology continues to evolve, so too must businesses in order to keep a competitive edge.

Not long ago our major medical advancements and greatest business strategies were the result of human knowledge and intelligence. However, as technology becomes more advanced and more intelligent, complex algorithms are increasingly responsible for a number of advancements. How then does a company continue to value its human employees while still making use of the incredible technological advancements that are available? Some experts believe that social skills in employees will become increasingly valuable to corporations as technology continues to increase and take over cognitive functions.

It is not only in the way humans are valued that technology changes how a business operates. Devices, and the ever expanding list of capabilities for these devices, are a major influence in the daily operations of modern businesses. The smartphone has impacted every area of life from how people get news to how they keep themselves entertained. Additionally, these devices make it possible for businesses to remain connected and in communication at all times, both with employees and consumers.

Where a secretary or administrative assistant was once responsible for managing the time and schedule of personnel, a smartphone can now perform this duty with no hassle. Smartphones not only help with planning and communication, they also are a way for corporations to stay visible among consumers. Many large retailers have used websites for years in order to keep customers connected to products, however, with the advancements in technology these websites must now do more than ever. Mobile responsive websites are increasingly in demand as consumers want to access information on the go. Companies also make use of the application features on smartphones in order to offer exclusive deals to consumers.

Due to the increased demand for technological advancements, there is also a large increase in the amount of data stored and generated by corporations. While it is certainly possible to use external hard drives or USB devices to store data, the most reliable method is through the use of a cloud storage service. Cloud storage allows users to retrieve information from any device or machine, provided there is internet access. Cloud storage is an amazing technology that benefits businesses immensely.

With technology playing such a major factor in the success or failure of businesses, it is critical that companies manage data carefully and strategically. A data loss could essentially destroy a company. Thus, it is imperative that proper measures are taken to ensure data is stored securely and safely. Utilizing a cloud storage service such as Ross Backup helps to ensure data protection in order to keep a business running in an ever changing technological climate. 

Comments (2)

Lydia Alexander posted on: September 11, 2016

I never realized how technology can do a lot of the jobs that people can until after reading this blog. Employees in the workplace are being undervalued because machines and technology can do the jobs that they used to be needed for. If that doesn't speak to our technological advancements then I'm not sure what does.

EMS Solutions posted on: April 4, 2017

The technology can really do many things. Machines and technology can do the jobs that people should be doing before. We can really stop the fast growing of new technology.

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