1INNOVATIONS IN TECHNOLOGY Table of Contents 1. Introduction:...........................................................................................................................2 2. Four Examples of the use of IT/IS for Innovation:................................................................2 3. Success Factors and Lessons Learned:..................................................................................4 4.The impacts of internal and external factors on the success (or the failure) of IS/IT enabled innovation...................................................................................................................................5 4.1. Impacts of Internal Factors on Success or Failure..........................................................5 4.2. External factors...............................................................................................................6 5. Conclusion..............................................................................................................................9 6. Recommendations..................................................................................................................9 References:...............................................................................................................................11
2INNOVATIONS IN TECHNOLOGY 1. Introduction: Innovation in organizations is all about creating new technologies as well as bringing about new features, methods and operations into the system. The implementation of such new ideas and techniques focuses on enhancing the productivity of the companies thus helping in attracting a huge amount of customers and building a goodwill of the business in the market (Kahn 2018). The new methods and ideas are generated only when a problem is recursive and tends to appear more than a few times during the operational activities and thus, the innovativesolutionsprovetobeofgreathelptodealwithsuchproblems.Hence, implementation of innovative ideas not only meets the demands of the customers but also helps a company to be unique in certain aspects and thus stand out from its competitors in the market(Kibeet al.2015). The key factor to a successful company is innovative ideas. 2. Four Examples of the use of IT/IS for Innovation: Connected Workplaces:The concept of ‘Interconnection in workplaces’ through wearable technologies or smart devices is a new age idea that helps in dealing with problems in extremeconditionsinasmarterandefficientway.Thecomponentsinvolvedinthe implementation of this concept are the smart devices such as tablets or smart glasses with wireless connectivity to the Internet(Udeaghaet al. 2016). Huge organizations like the multinational companies collaborates with numerous employees and it becomes difficult for the managerial body to collaborate with the employees individually in person. Hence, the interconnection of the people in an organization through smart devices improves work efficiency and targets are achieved easily through smooth communication. Virtual Housing Survey:The customers in this era of technological world prefers digital survey of houses to documentation of papers while buying or renting homes. This is enabled by the implementation of virtual reality devices such as drones and GPS that clicks pictures
3INNOVATIONS IN TECHNOLOGY or videos while roaming around the whole area of the complex and hence, determine the actual condition of the property(McNeil and Snow 2016). The customers might make errors while surveying manually, although this is not possible while using the GPS technology. The drones used in this technology accurately measures the actual length or breadth of the property with pinpoint accuracy. If the property is of worth staying, the customers can pre- book the property by stating the date and time duration. Pest Control in Forestry:The idea to control pests in the forest environment may not be rational; however, it is also not impossible in this advanced technological world. The implementation of sensors in the forestry has proved to be of great help in controlling pests and help in improving the environment of both the flora and the fauna. The sensors try to detect the behavioural patterns of the insects or pests and this data is analysed to check which areas they affect(Morleyet al.2017). Pheromone traps with sensors are also an innovative technology that helps to reduce pests in the forestry areas. ChatbotsImplementation:Thetechnologyinimplementing‘Chatbots’invarious organization of the IT industry revolves around the concept of ‘Artificial Intelligence’ and ‘Natural Language Processing’ that helps in providing solutions to a massive number of customers. Chatbots are personal message sections where the customers can write about their issues and demand solutions, while the organizations note down the problems and provide solutions in the messages(Dale 2016). The technology of Chatbots are majorly used in E- commerce industries and proves to be highly advantageous because it enhances Customer Relationship Management. The organizations collect data from the Chatbots and analyse them to improve their business strategies and achieve business goals.
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4INNOVATIONS IN TECHNOLOGY 3. Success Factors and Lessons Learned: Connected Workplaces:Improving interconnections in workplaces through digital services has enhanced effective communication in the organization both vertically and horizontally. Innovative and better ideas are generated when the managerial bodies update their employees with the decisions taken by them. Employees also increased their commitment towards the organization. The company leaders can appreciate their employees in sooner time and appraisal systems have gained a lot more scope due to this connectivity. Issues in workplaces get resolved much faster due to continuous interaction amongst the employees(Masalimova, Usak and Shaidullina 2016). However, there might be a lack of discipline and behavioural risks if the distinction vanishes between the managerial level and the employee level. Virtual Housing Survey:With the implementation of drone technology in real-estate property dealing, it proved to be a lot advantageous because people can book properties with just an Internetaccess in their smart devices from anywhere in the world removing geographical dependencies(Khan Tausif and Javed Malik 2019). The drones are a success because it can click images and videos from every angle and thus create an interest amongst the buyers. However, virtual housing survey may lack efficiency if the Internet connection is not available on both ends or the wireless technology of drone fails to operate temporarily leading to a halt in the business. Pest Control in Forestry:Sensor implementation in remote areas of forestry is a huge success to remove pests and unwanted insects that might harm the animals as well as the trees of the forest. The sensors are advantageous because it can be placed in remote areas where human cannot access easily. Huge data is collected from those remote areas that helps in taking immediate steps if there is a forest fire. However, according toCuiet al.(2018),the calibration of the sensor systems might fail at times leading to the errors in the data generated from the sensor system.
5INNOVATIONS IN TECHNOLOGY Chatbots Implementation:AI-based Chatbots in IT industries are efficient enough to learn issues from the customers, deal with them, generate solutions and update on their own. Hence, they can actively handle multiple customers at a time and resolve issues at a faster rate thus increasing work efficiency and productivity for the organization. It is also a cost- saving feature because human labour is no more required to attend queries from the customers(Veglis and Maniou 2019). However, installation of such digital systems is cost- effective and small organizations can hardly afford such technologies. Although, Chatbots will be unable to resolve unique queries leading to customer dissatisfaction that might affect the quality of the services. 4.The impacts of internal and external factors on the success (or the failure) of IS/IT enabled innovation Innovationsinorganizationisinevitablebecausechangesarenecessaryfora company or a business to evolve and expand as well as enhance growth in the market. However, these changes do have positive as well as negative impacts depending upon the success and failures of the innovative changes in the industry. The internal factors of an organization such as mission, leadership and communication are enhanced effectively if the changes have a positive effect on the operational sphere of the business(Stankevich 2016). However, failure in the changes leads to change in mission and other effective changes in the organization. The external factors political, economic or social changes are also witnessed along with the change in the technologies that are brought in the industries. 4.1. Impacts of Internal Factors on Success or Failure Organizational:The success or failure of any changes brought in IT has a great impact on the organization where the innovative change is implemented. The innovative technologies like the Chatbots have replaced a lot of human workforce in an organization that reduced the
6INNOVATIONS IN TECHNOLOGY cost spend on the numerous people for the job role. This is a positive impact that helps the organization to cut down the human resources cost. However, if the drones that replaced the humans in virtual housing survey does not work properly, it will stop the business for the moment unless the functionality issue is solved(Srakar and Verbič 2018).Thus, the organizational body will face both the positive and negative impacts for any change. Individual:The changes in IT systems also have impacts on the individuals of any organization. Whenever any change is brought about, the individuals have to cope with the effect of the changes and finally learn the functionalities of the new system to operate them efficiently(Iordan, Dolcos and Dolcos 2018). To make an organization digitally connected, the people need to upgrade themselves and learn the digital system such that they can communicate with themselves efficiently. However, implementation of Chatbots had a negative impact on the individuals as many people lost their job due to this automation process. Management Factors: The management body of any organization also has to face the impact of the changes brought about by the technologies in this digital age. They have to make the people of the organization aware of the innovative changes and help them to accustom themselves with the respective changes(Chavezet al.2015). For a digitally connected workplace, the management body of any organization can appreciate the people for their effective communicationand thus increase the profit-making chancesof the company. Although, if there is any loss like the damage of sensors due to forest fires, the management body will be responsible to replace them with new sensors. 4.2. External factors Market:Innovative changes in technology contributes a great deal in the market as it not only makes profit for the organization, but also helps in the economic growth of the country.
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7INNOVATIONS IN TECHNOLOGY The technological changes helps to increase connectivity amongst people as well as spreads information throughout the world through promotions of innovative ideas. This phenomenon gave riseto the conceptof digitalmarketingwhichpromotestheconceptof digital connections, sensor implementation and Internet of Things (IoT) worldwide such that the medium to small sized organizations can be aware and adapt to these changes easily (Newman,PrajogoandAtherton2016).Hence,digitalchangesalsoincreasessocial interactions amongst the organizations through technologies. Industry:Technological innovations are necessary for any kind of industry to upgrade themselves and to survive in the market. The industries should implement such changes disregarding the fact that the impact might be positive or negative. If an industry adopts new technologies such as cloud solutions, it will save a lot of space and memory to store data and does not have to deal with the issues of in-house database systems(Maietta 2015). However, the company needs to be well equipped with encryption and decryption methods to secure the confidential data in clouds and save them from eavesdropping. Thus, a company shall face a lot of impact due to the significant changes taking place in the industry. Social:Innovations in the technologies in the IT industry has enhanced the effective communication and has increased socialism throughout the world. The implementation of wireless network in IoT devices helps people to concentrate on important work leaving the rest of the minor work to automated machines. Thus, they can connect with more people and discuss about the enhancement of technologies in this digital era. In ecommerce industry, the online websites allow sharing of data through social media to increase marketing amongst the customers worldwide and hence increase profit-making spheres for the organization(Ayob, TeasdaleandFagan2016).Theincreaseinsocialinteractionsalsoenhancessmooth relationships amongst the employees of an organization too.
8INNOVATIONS IN TECHNOLOGY Economic:Economic growth is enhanced simultaneously with the innovative changes brought about in the organizations along with the digital enhancement of the organization. Innovative changes focuses primarily on achieving the maximum output and contribute in the productivity by giving the same amount of input. This not only increases the profit-making chances but also helps to cut down ineffective costs for the organization. Vast improvements in technological spheres contribute massively in the economic growth of the country(Blind 2016). For example, implementation of Chatbots reduced the cost that was spent on the people who were attending queries of the customer. Thus, in this way, the companies can generate automation tools to cut down the unnecessary costs and invest the same amount in affording better technologies for the improvement of the company technologically. Technological:The technological changes in a company can have a huge impact on any organization irrespective of the fact that they are positive or negative. Every technological phenomenon helps the organization to move forward and advance themselves without considering the negative impacts much because the positive impacts have a great contribution to the industries(Mai and Phuong 2016). For instance, introduction of Chatbots in the ecommerce websites that supports online transactional activities helps the company to attend multiple issues at a single time which is advantageous for the company. Although when unique issues come from the customer end, the Chatbots are unable to resolve them without human involvement. Political/Policy Factors:Government of any country has a neutral role to play in the technological advancement of any digital inventions. The government makes policies to encourage innovations because that will contribute a great deal in the economic, social and political aspect of the country. However, the government also looks into the fact whether these innovative changes have a negative impact on the society such as unemployment, pollution due to the products manufactured and risky products(Zhao and Yao 2018, April).
9INNOVATIONS IN TECHNOLOGY To prevent such negative impacts the government also implements rules and regulations against such technological advancements of the industry. 5. Conclusion Any kind of industry should support innovative technological changes to stand out uniquely from its competitors in the market and create its own goodwill to expand the business both socially and economically. These changes happens to enhance productivity of the organizations and are sustainable too in terms of saving resources. Technologies like cloud solutions or Chatbots are highly beneficial for the industry as it contributes to economic growth as well as provide instant solutions to the queries raised by the customers. Thus, these innovative changes should be implemented to enhance the industries towards a sustainable future. The management body needs to invest a great deal of effort to assess the risks and benefits before the change is implemented. Once the change is done, the benefits are enjoyed, however, if the process fails, it can affect any organization negatively. Thus, there are positive as well as negative impacts with respect to the innovative changes that are brought about by the organizations. Both the external and internal factors are affected when these changes are put forth in any organization. The managerial body as well as the employees are affected with the changes of the organization. These changes also have an impact on the external factors such as the market, industry and so on, thus helping the generation to become technologically advanced. 6. Recommendations The above mentioned changes brought about in the industry has a great impact on the world due to the benefits enjoyed by the common people. However, these technologies can be enhanced or changes can be brought about that will not create any negative impact on the society.
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10INNOVATIONS IN TECHNOLOGY The connectivity in workplaces are of great help as that enhances communication amongst workers. However, if the companies can afford this digital communication for the people who works from home, that will enhance more productivity due to the free available Internet. In the virtual housing survey, the drones are beneficial to click pictures and videos of the housing complex. Although, there should be process by which the drones can implement cloud storage of these images such that they the companies can build the same house models again. The sensors in the pest control should support camouflage with the trees and branches such that they are not harmed by animals. In Chatbots technology, the robots should be advanced enough to resolve any unique queries raised by the end users.
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13INNOVATIONS IN TECHNOLOGY using riverbed in University of Technology (Utech), Jamaica. InSoutheastCon 2016(pp. 1- 5). IEEE. Veglis,A.andManiou,T.A.,2019.ChatbotsontheRise:ANewNarrativein Journalism.Studies in Media and Communication,7(1), pp.1-6. Zhao, M. and Yao, X., 2018, April. Does Social Capital Affect Family Firm Innovation. In2018 International Conference on Management and Education, Humanities and Social Sciences (MEHSS 2018). Atlantis Press.