Technological Environment

In Business Trend
 What is Technological
Environment?
3
Top 6 Emerging and Developing
Technologies in Business
4
Technological Factors
7

Topics to Discuss How Do Technological Factors

Affect Business
8
General examples of Technological
Factors affecting business
9
How Does a Change in Technology
Affect a Business
11
Technological
Environment
• The technological environment refers to
external factors in technology that impact
business operations.
• Changes in technology affect how a company
will do business. A business may have to
dramatically change their operating strategy as
a result of changes in the technological
environment.
• The technological environment is part of the
company's external environment related to
developments and changes in technology.

Technological Environment
Top 6
Emerging and
Developing
Technologies
in Business
Top 6 Emerging and Developing
Technologies in Business
1. Siloed Data integration - A group's collection
of data that other groups within the same
organization cannot simply or fully access. For
their respective jobs, the administration, HR,
marketing teams, and finance departments
require various types of information.

2. Hyper automation - Hyper automation is a

business-driven, disciplined approach that
organizations use to rapidly identify, vet and
automate as many business and IT processes as
possible.

Technological Environment
Top 6 Emerging and Developing
Technologies in Business
3. Unique Customer Experience - Customer
pleasure should be the main emphasis of a unique client
experience. They will return if they enjoy what they see.
Customers will return even if anything goes wrong if the
experience is made as enjoyable as possible. Above all,
satisfied clients are those who come back.
4. Rise of Digital Twins - The creation of a digital
thread by digital twins can facilitate data transfers and offer
an integrated picture of asset data. The key to the product life
cycle is these digital threads, which also aid in optimizing
product life cycles.

presentation title
 Top 6 Emerging and Developing
Technologies in Business
5. Mobile App Development - Act or procedure
used to create a mobile app for portable electronics such
smartphones, personal digital assistants, and business
digital assistants.
6. AI-Powered Cybersecurity Activation -
AI employs machine learning and deep learning to
identify patterns on the network and group them; it then
uses this information to identify deviations or security
incidents before taking action.

Technological Environment
TECHNOLOGICAL FACTORS IN BUSINESS TODAY

technological factors are variables

which relate to the existence,
availability, and development of
technology. This could include
things from computational power
to engine efficiency.

Technological Environment
How Do Technological Factors Affect
Business
It might be unclear how technological factors can directly
affect business, unless you take a step back and look at all of
the technology that’s used in day-to-day life. Think about the
machines which are used to print on the t-shirts you buy, the
computer servers which are used to keep up the website(s)
you own, or the fuel used to power the car(s) you drive.
Technology hugely dictates the way many things are done, in
business or otherwise.

Technological Environment
General examples of Technological Factors
affecting business
• The existence of 3D technology
• Computer calculation speed/power
• Production
• Internet connectivity
• Marketing
• Innovation
• Automation
HOW DOES A CHANGE IN
TECHNOLOGY AFFECT A BUSINESS
Technological advancements and changes have played an instrumental role
in evolving business processes and activities.
Technology applications have enhanced the pace and output of various
business activities such as marketing, promotions, sales, and accounting.
From internal operations to the external output of the activities, from
minute processes to major activities, multiple aspects of the business need
the use of technology today.
Let’s look at how these can affect
business in some more depth:
• Automation — The automation of many unskilled tasks can allow companies to replace
human production lines with entirely machine ones. This can reduce costs for
manufacturers, distributors, supermarkets, and many other different businesses. On the flip
side, the gradual increase in job automation might not be such a great thing for job search
firms.

•Internet connectivity — It’s undoubtable that in recent years global internet

connectivity has been on the rise. This presents an even larger market for many companies
who use the internet to connect with their customers. On the flip side though, a global rise
in internet connectivity might mean less interest in traditional communication means,
which is a negative consequence for some — telephone service providers will have to
change their offerings to stay relevant, while paper-and-ink printing companies might
receive less business.
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Summary
Technology Makes Business
Processes More Efficient.
It also cuts down on the cost of
storage and transport, since
everything can now be stored and
shared as digital files. Whether you
work in business, healthcare, or IT,
there is technology that can make
your job go faster and easier.

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 thank you
Group 5
Gapasin, Daniella C.
Cuyahon, Dylan Jean W.
Ducusin, Ace Troy
Tapiru, Michael Edward John
Catu, Jerold