Assesment 1B: Technology's Influence on Business and Academics

This essay explores the critical role of technology in business and academics, highlighting its impact on efficiency and effectiveness. It discusses how digital transformation and innovation, driven by technological advancements, are reshaping business practices and academic research. The essay references reports and studies from Forbes and ZDNet, evaluating how technology improves business innovation and enhances academic research through advancements like nanotechnology and digital learning. It emphasizes the importance of technology in determining the future of business and academic management, including the use of digital content and online learning platforms. The essay concludes that technological developments will significantly benefit both sectors in the future, playing a major role in their evolution.

Running head: TECHNOLOGY IN BUSINESS AND ACADEMICS
TECHNOLOGY IN BUSINESS AND ACADEMICS
Name of the Student
Name of the University
Author Note

2TECHNOLOGY IN BUSINESS AND ACADEMICS
Introduction:
The importance of technology in creating efficient and effective outputs in business
and in academics cannot be underestimated. The present world is growing at a high pace only
due to the immense advancement in technology that is being made every single day. The
short essay will justify the reasons behind the technology being the game changer for
businesses and academic in the days to come.
Discussion:
As per the reports from Forbes R. Brian mentions how technology has transformed
the sphere of business through digital transformation in the days to come. Similarly, the
business H. Dion have evaluated how technology can improve Business innovation through
thereby providing a credible evidence in the role played by technology in changing the way
business is done currently and how technological advancement has transformed the way
academics were practiced and performed. The way how these technologies are implemented
in influencing business and academics is really astonishing. The advancement of the digital
world and its mass popularity has increased business possibilities to an extent that could
never have been imagined in the past decades. The advancement of technology in the field of
research and academics have also enhanced and enriched it. For example the use of Nano
technology in medical sciences or advancements in the various imaging technologies have
increased success rate in medical studies and research. The advancement of technology has
allowed scientific advancement therefore eliminating chances of error or failures. Digitization
of education has also allowed for the development of the remote learning and better
equipment to the people in need.
Conclusion:

3TECHNOLOGY IN BUSINESS AND ACADEMICS
Thus it can be understood that the development of the technology will be beneficial for the
advancement of the businesses and academics in the future and would play a major role in
determining how business and academics are managed in the years to come.

4TECHNOLOGY IN BUSINESS AND ACADEMICS
Bibiolography
Sarah, K. (2010, November 22). 8 Ways Technology Is Improving Education. Retrieved from
Meshable: https://mashable.com/2010/11/22/technology-in-education/#sgXrqLciX5qt
Jared, N. (2012, March 16). Technology's Influence on Education. The South Way, 1-22.
Retrieved from https://www.southuniversity.edu/whoweare/newsroom/blog/technologys-
influence-on-education-76874
Dion, H. (2013, November 30). Can technology improve business innovation? Retrieved
from ZDNet: https://www.zdnet.com/article/can-technology-improve-business-innovation/
Benjamin, H. (2016, February 5). Technology in Education: An Overview. Education Week,
22-29. Retrieved from
https://www.edweek.org/ew/issues/technology-in-education/index.html
Brian, R. (2017, June 13). Digital Transformation And Innovation In Today's Business
World. Forbes, 1-17. Retrieved from
https://www.forbes.com/sites/brianrashid/2017/06/13/digital-transformation-an