Virtual technology, such as laptop software program and enterprise methods, fall under this definition of technology. Brian Arthur defines technology in a equally broad means as “a method to satisfy a human objective.” The easiest type of technology is the event and use of fundamental instruments. The prehistoric invention of shaped stone instruments adopted by the invention of how to control fireplace elevated sources of food.

It is increasingly being introduced throughout industries as it optimizes productiveness, helps understand clients higher, identifies revenue opportunities and areas of attrition. Financial institutions have already begun to deploy predictive analytics, helping them customise the product choices, detect fraud and identify new alternatives for cross-selling. According to a survey by Accenture, 94% of IT and business experts reported that emerging applied sciences Technology News have accelerated firms’ innovation tempo in the last three years. Leaders representing multiple French government ministries participated in the half-day …

Read More