Posts

Showing posts with the label resilient and sustainable

How technology is shaping the economic development of a country

Without a minute suspicion, enormous impact of technology can be seen around us. Daily activities, social orientation, etc has a deep connection with the technology. With ease and comfort, our basic amenities are fulfilled and certainly these activities serves the economic development goals. Technology is reshaping work processes, production methods, and consumption patterns. Technology not only drives innovation and fosters growth opportunities but also presents challenges to traditional models of economic development that professionals are accustomed to. Technology offers fresh prospects for buisnesses and people while introducing many new obstacles.  The Impact of technology on industries Changes are the natural law of existence and to continue Industries' survival in the current competitive environment, it's utmost important to adapt all technological advancements, causing shifts in the way many industries function. Automation and digitalization are the revolutionary proces...