This article discusses the importance of innovation and technological innovation in the business environment. It explores the latest technological trends emerging in the business, including SaaS revolution, cloud computing, augmented intelligence and analytics, e-commerce, bots, IoT, Quantum computing and block chain technology. The article also focuses on the latest innovative technology useful for business information system, such as cloud computing, big data analytics, virtual and augmented reality, internet of things and Artificial intelligence. It explains how these technologies can benefit businesses and improve their communication process, broaden their customer base, and ensure long term sustainability.