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What is the impact of technology in the companies.

 

In our days the technology is an essential tool for business. In pandemic companies increasing sells by e-commerce. In 2020 the mean strategy in all the companies around the world was to implement software development in their websites to create a good channel with their consumers. In fact, each person could be buying goods and services from their mobile phones and laptops.  

The challenge for companies was to adapt all these news ways to have a good relationship with their consumers. In addition, their spent a lot of money in learning. So, it was a big challenge for it.  The big technology companies as Google, Zoom, Microsoft, with their great software developments helped the society with their connections by videoconference live.

The new way to buy goods and service by e-commerce put a great effort to the society to innovate and create a new companies renamed start-ups. So, the pandemic was a big challenge for the private and public sectors to compete in the market. 

Currently, the companies need a system engineer to manage the data. On the other hand, the risk for the companies is going up with the cyberattacks. In fact, the percentage of cyberattacks increase 45% in 2025. Thus, the technology to generate earnings and wealth, but is too important to put more focus on the cyberattacks.

A good example how the technology helps the companies? Is the agriculture sector, if we analyze and see the new strategies to produce. We can see how the drones help them.   The drone has a metrics from the quantity of water do you need and how is the quantity of chemicals do you need to produce, and you can know about the weather. So, the real impact the technology is too important for production and productivity.

As a result of this the technology change the labor market and increase the demand of human capital with new hard skills in programming.

To conclude, I am agree with the innovation of technology because help the production of good and services with efficiency.