How has Modern Technology Driven Business Change? – 3 Key Examples

In business, it is important to understand the vitally important role that modern technology plays. The latest technology can help firms of all sizes and in all sectors to enjoy improved productivity and efficiency gains. In a factory environment, predictive maintenance technologies play a key role in eradicating unplanned downtime, which can be extremely expensive.

In healthcare, the latest advances in technology combine to offer patients improved outcomes and, ideally increased life expectancies. In this article, some key forms of technology that are used across different types of business will be discussed. There is information on how millions of firms have made the transition to cloud computing, and how these systems rely on additional technology to improve their performance. The role of drone technology in emergency care will be explored, as modern technology has now created a truly paperless office for many businesses.

Technology Driven Business

1. The transition to cloud computing

The cloud computing industry is estimated to be worth The cloud computing market size is estimated to be worth $676.29 billion in 2024. This impressive value should indicate the importance of this new form of technology and demonstrate that millions of modern businesses now rely on cloud-based services. Cloud computing can support a remote and hybrid workforce as key business applications and services are stored online rather than on local servers.

Companies can enjoy improved efficiencies with such technology and improved productivity. However, as more businesses rely on complex systems of cloud computing that feature a range of APIs, applications, and pieces of code, they must be managed effectively. Controlling platforms such as kubernetes ingress make this a reality for many businesses.

This software controls external requests for access and ensures that they are diverted to the correct service or application. In addition, traffic volumes can be managed, and protocols can be set up to ensure that the business can scale its operations effectively. In short, such systems provide IT specialists with the tools to simply cloud operations, ensuring online digital assets’ smooth and predictable functioning.

2. Drone technology improving outcomes in pre-hospital care

Drone technology was first used for military purposes such as reconnaissance and even for precise attacks on military targets. While it is still used for war and conflict, it now has a place in pre-hospital emergency care. Today, several paramedic organizations use drones to deliver life-saving medical equipment such as defibrillators and blood. They can reach the scene of emergencies much quicker than ambulances, especially in busy urban centers or remote rural settings with poor road networks. In the case of life-threatening medical emergencies such as cardiac arrest, response times are crucial to survival chances. Every minute counts, and early indications suggest that drone technology has the potential to save lives.

3. The paperless office

Briefly, the concept of the paperless office was coined as far back as the 1970’s, when computer equipment became a common part of the office environment. However, the paperless office never fully materialized until recently. In an age where sustainability issues receive media attention and climate change is becoming a reality, the paperless office is now higher up on the business agenda. Today, thousands of businesses have completed the transition to a truly paperless workplace. Key tech such as tablets, laptops, and smartphones have helped to make this a reality.

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