The world we are living in is totally technology based. Human today cannot imagine the life without gadgets. Simple tasks to complex management systems are being designed by the technology. It is very important to stay updated in this contemporary world. Countries, who are not being able to do so our left behind. Especially the undeveloped countries that are lacking the resources and capital.
Boost to Businesses
Technology is serving us in every walk of life. It has made things look simple and easy to work with. All the devices we own are technology based and needs an update on times. Businesses have boosted a lot after the entrance of technology. Telecommunication has enhanced to its maximum. Technology has improved the ways of creativity and has helped in many small and big businesses to rise in the world of technology. Some of the companies are earning by researching on technology, others by applying that research and the rest of the world is using that technology to grow fast.
An example of a joint venture between companies is the France’s telecom leader Orange and Kuwaiti logistics firm Agility to invest in Iraq’s mobile telecommunication company Korek. The corruption in this joint venture process, couldn’t lead telecommunication to enhance in Iraq.
World- A Global Village
Any one present in any corner of the world is able to access the other person present on the other corner of the world. It is all possible because of the improvement in technological researches. Distances have lessened and the world is now called a “Global village”. From a single individual to the whole businesses everyone is using the telecommunication which is super advanced and easily accessible. Traveling through airplane has made it convenient for people to meet their loved ones.
Advancement in Telecommunication
In literal meaning the communication done through technology is termed as telecommunication. The electrical signals or electromagnetic waves help the data to flow. People all around the world our taking full advantage of the cell phones and internet available. Accessing a person out of home was never that easy. These telecommunications are serving as the basic tool for the businesses.
Some fundamental advantages for businesses can be counted as:
- It has allowed the companies to effectively communicate with their customer and consumers.
- Customer service has become very efficient.
- Standards of delivery are high and fast
- Employee to company communication has become rapid
- Small businesses are growing with a faster pace.
- Partnerships and Joint ventures between countries are taking place.
Technology in Health Sector
Technology has brought a big change to our lives. The advancement in health sector is due to technology. The physical health with comfort is now a blessing. The medical technology is helping in lowering the infant mortality, cures for severe diseases and laser operations of many infections inside the body. Though it has provided ease and makes us think that our lives have improved with quality. We are now used to of these technologies that there is no way back even if we try to imagine.