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Technology | Modern Technology

Technology or Modern Technology is the result of science and engineering that, applied through different instruments and methods. According to Gartner, 20.4 billion will be the approximate total of technological devices interconnected with each other through the IoT, throughout the planet by 2020. The number of individuals who make use of technology and benefit from their contributions is increasing. For this reason, it is necessary to know what it is, what the technology is for and what are the consequences of its use.
Technology is the result of science and engineering that, applied through different instruments and methods, generate a product capable of satisfying a need or resolving a conflict. However, throughout history, there have been many needs in humanity, so it is necessary to look back to know a little more what technology is for.

What is a technology for and how has it evolved?

Understanding what technology is for and how it has evolved in the past empowers us with the ability to plan our future evolution. For technology is a resource that promotes intelligent solutions to human needs for more than 3 million years, when species such as Australopithecus made utensils with sticks and rocks for hunting and other activities of domestic use. 

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The evolution continued its course with the discovery of fire ( a million years ago ), the creation of the wheel, and farming systems ( 20,000 years ago ). Already in the Middle Ages, more advanced tools were developed among which the compass, gunpowder, the mechanical clock, the mill and navigation systems stand out. 

With the modern age comes the industrial revolution and, with it, the steam engine, the railroad, the telegraph, and great advances in areas such as electricity and thermodynamics. By the 19th and 20th centuries, technology was advancing rapidly with the invention of the aeroplane, the telephone, the radio, television and even space flights.

Along this same timeline, digital society has been forged with the creation of the digital camera, the first computers, and the internet. Elements that represent a great development that, along with other technologies, expand to be perfected in the 21st century, where smartphones, robots and other tools provide increasingly sophisticated solutions to the daily lives of people and companies.

What are digital technologies?

While mentioned at the beginning that technology gives, as a result, the creation of a product or machine,  the digital technology is then the application of methods to develop systems that are expressed in numbers or data and to automate certain processes. In this way, the human being has gone from using analogue objects, to implementing digital artefacts with automatic and programmed functions.

What is a modern digital technology for?

In addition to knowing what it is, it is important to know what digital technology is for. Currently, digital technology is used for functions such as the processing of large volumes of data, the automation of processes, mass communications, the creation of systems that mimic the functioning of the human mind, extremely powerful computations, among others.

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Its wide capacity allows a large number of tasks to be carried out in a short time to simplify day-to-day tasks in all areas of humanity (domestic, commercial, industrial, educational, medical, etc.). This by optimizing systems and providing effective solutions to problems.

Main examples of modern digital technologies by sector

What is the use of technology in digital communication with customers?

According to Harvard Business Review, 73% of customers make their purchases in both physical and virtual stores. This have motivated companies to develop online platforms capable of generating effective communication with the marketing sector. To achieve this, they implement tools such as web pages, chatbots, virtual assistants, among other technological resources.

Similarly, organizations with delivery logistics often use geolocators capable of informing their customers of the status of their order in real-time. These processes used together, have become a practice that favours the consumer experience at all stages of purchasing a product or service.

What is an information security technology for? 

In 2021, the damages caused by cyberattacks will reach 6 trillion dollars according to figures released by Cybersecurity Ventures. Given this, companies make use of digital technologies such as Virtual Private Network (VPN), Encrypting File System (EFS), antivirus, among other systems. 

So what is a security technology for? It serves as a preventive measure to protect data and maintain the integrity of computer systems. In this way, all valuable information is kept safe, encrypted and out of the reach of hackers and cybercriminals.

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What is a technology for in research, analysis and projection 

According to the annual report of the European Society for Opinion and Market Research (ESOMAR), until 2018 the turnover in market research closed at 80,000 million dollars. It also emphasizes that research through data analysis has favourably increased while the use of traditional methods has decreased.

Data analytics using tools such as big data and artificial intelligence is the solution for companies looking for accurate results, but what is research technology for? To obtain information, diagnose, make decisions and plan strategies in organizations.

This type of research makes use of technologies capable of processing large amounts of data in real-time. In this way, relevant business insights can be obtained on the current state of the organization and it is even possible to predict specific elements, such as the behaviour of the market in a given season.

Business benefits of knowing what digital technology is for and its importance to a business

Digital technologies have profoundly impacted the economic systems of many companies. Organizations that know what digital technology is for and have applied it, have seen its benefits in reducing costs, optimizing processes, effective information processing and analysis, and strengthening business communication. 

All of this represents a competitive advantage over other companies, allowing the development of innovative systems in all processes of an organization. 

At Enzyme Advising Group we know what digital technology is for and we develop state-of-the-art business solutions. This through technologies such as big data, machine learning, natural language processing, cognitive computing, among others.

 

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