Technology is the application of science and engineering to practical goals. It includes both tangible tools, such as utensils, and intangible ones, like software.
Increases production: Tech helps businesses automate most tasks, resulting in greater efficiency. It also enables them to get more work done in a short period of time, which saves money.
Streamlines communication: With video conferencing, email and instant messaging, companies are able to communicate with employees or clients in ways that would have been impossible in the past. This makes it easier for companies to stay connected with their customers and increases retention.
Creates accountability: With the right technology, companies can gain valuable data that enables them to make smart, intuitive decisions. This can improve their strategic planning and result in increased profits.
Helps students learn: With technology, teachers can provide their students with a wealth of information, at any level or topic, in the click of a button. They can also assign programs to help students remediate or expand their knowledge.
Enhances students’ communication: With the use of video conferencing, email and instant messaging, technology allows students to communicate with classmates or colleagues in ways that would have been impossible before. This increases communication between students and also provides opportunities for teachers to discuss topics with their students in groups or in individual sessions, freeing up time for the teacher to address student needs individually.
Increases business chances: With the rise of technology, companies have a chance to compete in a more global economy. This has helped to expand their business prospects, shape their company models and produce new products that can be exported around the world.