What is the impact of technology on business ?Chris Virgin

Here Chris Virgin the creator and executive producer of the #AskChrisV Show an educational, inspiring show on Facebook Live and Youtube Live about personal finance, investing, career and business tell you the importance of Technology in Business.

Technology played a key role in the growth of commerce and trade around the world. It's true that we've got been doing business since past times, long before there have been computers; ranging from the straightforward concept of barter trade when the concept of a currency wasn't yet introduced but trade and commerce were still slow up until the purpose when the pc revolution changed everything.

The majority of businesses are addicted to technology on all levels from research and development, production and delivery. Small to large scale enterprises rely upon computers to assist them with their business needs starting from Point of Sales systems, information management systems capable of handling all types of data like employee profile, client profile, accounting and tracking, automation systems to be used in large scale production of commodities, package sorting, assembly lines, all the thanks to marketing and communications.

It doesn't end there, of these commodities also must be transported by sea, land, and air. Just to move your commodities by land already requires the utilization of multiple systems to permit fast, efficient and safe transportation of commodities.

Without this technology, the concept of globalization wouldn't become a reality. Now all enterprises have the potential to travel internationally through the employment of the web. If your business features a website, that marketing tool will allow your business to achieve clients across thousands of miles with just a click of a button. this might not be possible without the net. Technology allowed businesses to grow and expand in ways never thought possible.

The role that technology plays within the business can not be taken as a right. If we were to require away that technology trade and commerce around the world will come to a standstill and also the global economy would collapse. it's nearly impossible for one to conduct business without the help of technology in one form or another. Almost every aspect of a business is heavily influenced by technology. Technology has become important that it's become a large industry itself from component manufacturing to software design and development, and robotics.

Technology has become a billion-dollar industry for several individuals.
The next time you browse an internet site to get or swipe a Mastercard to buy something you simply bought, attempt to imagine how that individual purchase would have happened if it were to require place without the help of recent technology. that would encourage be a small amount difficult to imagine. Without all the technology that we are enjoying now, it'd be like living within the '60s again. No computers, no cellular phones, no internet. that's how important technology is in business.

Chris Virgin could be a freelance writer and web designer. If you would like to begin your creative journey to becoming a contract designer yourself, see these video tutorials

For more information about business you can follow him on Twitter and Crunchbase -