Innovation and New Technologies Assignment 2022

Running head: INNOVATION AND NEW TECHNOLOGIES
Innovation and New Technologies
Name of the Student
Name of the University
Author’s Note:

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INNOVATION AND NEW TECHNOLOGIES
Table of Contents
1. Introduction............................................................................................................................2
2. Discussion..............................................................................................................................2
2.1 Current Trend of AR for Information System Innovation...............................................2
2.2 Detailed Description of the Augmented Reality with Real World Examples..................3
2.3 Usefulness of Augmented Reality in Business Information System...............................6
3. Conclusion..............................................................................................................................6
References..................................................................................................................................8

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INNOVATION AND NEW TECHNOLOGIES
1. Introduction
Innovation can be defined as a core new ideology or creative thinking area within the
major form of a methodology and devices. It is also being reviewed as the major applicationx
of solution, which fulfill every new requirement, existing market need as well as
unarticulated needs (Camisón and Villar-López 2014). This innovation takes place by
subsequent provisioning of highly effective business model, technology, service, procedures
and product that are being made accessible to the users and markets. Technological
innovation consists of activities, which eventually contribute to designing as well as
development of the new techniques and product. It even helps in improvement of the existing
products.
There are some of the most significant current trends as well as emerging trends in
technological innovation such as artificial intelligence, augmented reality, blockchain
technology, virtual reality, Internet of Things or IoT, cloud computing, big data technology,
Devops, robotic process automation or RPA and many more (Kogan et al. 2017). These
above mentioned trends are responsible for bringing major information system innovation.
Blockchain technology, augmented reality, IoT, cloud computing and big data have become
extremely popular and are being utilized in several popular and significant organizations for
enhancing their business innovation such as data management, providing real life experiences
through AR in fashion industry and several others. The following essay will be outlining a
brief description about the current technological trend of augmented reality and how this
trend is providing advantages for business information system.