emerging technologies
TRANSCRIPT
UNDERSTANDING THE DIFFERENT CONCEPTS AND NEW TRENDS IN
BUSINESS AND INFORMATION TECHNOLOGY
EMERGING TECHNOLOGIES
EMERGING…2
to come into existence; develop
to rise, as from an inferior or unfortunate state or condition
TECHNOLOGY3
The word technology refers to the making, modification, usage, and knowledge of tools, machines, techniques, crafts, systems, and methods of organization
Why Use Technology4
To solve a problem
To improve a preexisting solution to a problem
To achieve a goal
Why Use Technology5
To handle an applied input/output relation
To perform a specific function
Technological Advancement6
It changed the way people lived and worked
The increase in technology to move things(steam engine) and make things (weavecotton) made cottage industry inefficient.Inventors - invented advanced machines tomake production of goods quicker andeasier. Steam power transformed both farmproduction and the transportation system
Technological Advancement7
The development of tools to makeworking easier and changes in waysof governing and living togetherthat create social order andeconomic prosperity
Technological advancement is responsible for many changes as well in
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World population
Life expectance
Education levels
Material standards of living
The nature of work
Technological advancement is responsible for many changes as well in
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Communication
Healthcare
War
The effects of human activities on the natural environment.
Society
Emerging Technologies10
Emerging technologies are contemporary(modern) advances and innovation (improvement) in various fields of technology.
Emerging Technologies11
These are the new ideas, materials or processes for the design and technology process
Emerging Technologies12
Technology based on new ideas that are in development and testing to determine or settle on if they produce the results for which they are intended, proposed or planned
Emerging Technologies13
Various converging (joining) technologies have emerged (become known) in the technological convergence (union) of different systems evolving towards similar goals
Emerging Technologies14
Convergence - The state of separate elements joining or coming together
AN INTRODUCTION TO AN EMERGING TECHNOLOGY IN
BUSINESS AND INFORMATION TECHNOLOGY
THE ELECTRONIC BUSINESS AS AN EMERGING
TECHNOLOGY
INTRODUCTION16
It is widely acknowledge today that new technologies, in particular access to the Internet tend to modify communication between the different players in the professional world, notably:
INTRODUCTION17
Relationship between the enterprise and its clients
The internal functioning of the enterprise, including enterprise-employee relationships
The relationship of the enterprise with its different partners and suppliers
E-Business18
Refers to the integration or incorporationwithin the company, of tools based oninformation and communicationtechnologies (generally referred to asbusiness software) to improve theirfunctioning in order to create value for theenterprise (venture/project); its clients andits partners
E-Commerce19
The term E-Commerce (also calledElectronic Commerce) which isfrequently mixed up with the term E-Business, as a matter of fact, onlycovers one aspect of E-Business, i.e theuse of an electronic support for thecommercial relationship between acompany and individuals
CREATION OF VALUE20
The goal of any e-Business project is to create value. Value can be created in different manners:
As a result of an increase in margins, i.e. a reduction in production costs or an increase in profits. E-Business makes it possible to achieve this in a number of different ways: Positioning on new markets
Increasing the quality of products or services
Prospecting new clients
Increasing customer loyalty
Increasing the efficiency of internal functioning
CREATION OF VALUE21
As a result of increased staff motivation. The transition from a traditional activity to an e-Business activity ideally makes it possible to motivate associates to the extent that:
The overall strategy is more visible for the employees and favors a common culture
The mode of functioning implies that the players assume responsibilities
Teamwork favors improvement of competences
CREATION OF VALUE22
As a result of customer satisfaction. As a matter of fact, e-Business favors:
a drop in prices in connection with an increase in productivity
improved listening to clients
products and services that are suitable for the clients' needs
a mode of functioning that is transparent for the user
E-BUSINESS23
An e-Business project can therefore only work as soon as it adds value to the company, but also to its staff, its clients, and partners