Hello everyone! First and foremost, thank you for visiting my blog!
For my first topic of my blog, I would like to give a brief description of the area that will be covered as I believe that blogs provide convenient, fast and effective ways for knowledge sharing, collaboration and communication with a broad range of the users. By referring to the title of my blog, "Profiles of the Technology", it will be about technology trends such as e-commerce technologies, digital business, and recent IT & Web developments in the market.
The rapid pace of technological change in the last two decades has highlighted the strong link between technological standards, market performance and economic welfare. The main reason being technology is vital for competitive advantage and, is a major drive of globalisation. Consider the following points:
Does technology allow for products and services to be made more cheaply and to a better standard of quality?
Do the technologies offer consumers and businesses more innovative products and services such as Internet banking, new generation telephones, etc?
How does distribution change by new technologies e.g. books via the Internet, flight tickets, auctions, etc?
Does technology offer companies a new way to communicate with consumers e.g. banners, Customer Relationship Management (CRM), etc?
In my opinion, I would agree with the reason of the existence of technology and would say yes for points 1, 2, 4, but to a certain extent depending on the individual’s technology adaptability and usage (either ethical or misused). Simply because:
According to Wikipedia, not all technology has been used for peaceful purposes; the development of weapons of ever-increasing destructive power has progressed throughout history, from clubs to nuclear weapons. For example, the Roanoke Firearms, the store where Seung-Hui Cho bought the murder weapon he would use in his Virginia Tech rampage, has a history of selling guns which have ended up being involved in murders. (ABC News)
Recent technological developments, including the printing press, the telephone, and the Internet, have lessened physical barriers to communication and have allowed humans to interact on a global scale.
The rise of technology has allowed our environment to be characterised as a global one. “The global economy” gave business the ability to market products and services all over the globe. It has allowed them to develop partnerships and alliances throughout the world, which has become essential for success in today’s business.
For the 3rd point above, E-commerce (sales aspect of e-business) has changed the way of business distribution by new technologies which consists of the buying and selling of products or services over electronic systems such as the Internet and other computer networks, for example Amazon.com,eBay.com, etc.
Additionally, it is vital to update and adapt ourselves with the rapid and recent knowledge of technology developments as we are living in the world towards globalisation. Why? No Offence, Watch the 16 seconds video to prove my point, don't miss it! This is because in reality, this situation is possible to happen to us if we neglect the knowledge and technological developments. Enjoy!
Do you agree?
In-depth session of technological developments and trends will be discussed in upcoming posts hoping to hear several opinions, feedbacks, and critiques from you.
