5 Major Reasons Why Technology Is So Important

Technology serves a variety of purposes and means different things to different people. In
today’s world technology can be found at every corner. From the local convenience store to your local
deli shop, technology makes the world function more efficiently. While some are reluctant to embrace
new technological advancements, most of us have some form of technology in our household. The
smartphone and home computer are probably the two pieces of technology most households have.
There’s no debating that technology has become integral in our daily lives, for better and maybe for
worse. Here’s how:

 Education
Technology fuels most of the educational system testing. Now with computers
and iPads in just about every classroom, technology has advanced the testing options
available to most school systems. Technology makes it more efficient for teachers to
handle report cards and grading papers, thus cutting down working hours that usually go
well beyond the school day.

 Communication
Whether in business or personal life, technology has improved communication. With
apps like Voxer, Skype and other communication apps you can easily improve
communication on a business level. These apps also do well when trying to stay connected
to family members that live far away.

 Security
Technology can make any family or business feel safer. There are many security
devices and software available to secure your financial data, protect your home when you
are away and much more. Technology is important because it makes you feel more secure
with every area in life for both personal and business reasons.

 Supplies
With technology advancing more people are able to have access to supplies such as
fresh water and food because technology can help deliver those items to people that
otherwise couldn’t get it. With apps that allow you to order out or the robust technology
driven devices that provide water to towns, there are more supplies available due to
technology.

 Space
Without technology we would have not have advanced so far in the space industry.
NASA (National Aeronautics and Space Administration) utilizes technology to find new
planets, monitor space and much more. Technology is important in learning more about the
galaxy that surrounds us so that perhaps we can uncover the hidden mysteries of our world.
As you can see, technology is a vital part of life as we know it. Eventually we will all
have to embrace the technological advancements in society and learn how to function with
 more tech driven devices. From local restaurant kiosks to downtown grocery stores with self-
check-out lanes, technology is here and it is here to stay.

How Emerging Technologies Are Impacting Industries

Introduction
This article serves as a briefing on how various industries can strategically utilize
emerging technologies in and around the world today. This is not an exhaustive list, but rather an
introduction to the leading visions and practices across major industries.

Technology Definitions

Artificial Intelligence
It is a branch of computer science that creates intelligent machines, which can perform
activities such as speech recognition, learning, planning, and problem solving. Machine learning
— a core subfield of AI — provides the ability for systems to cognitively learn and improve from
experience without being explicitly programmed.

Internet of Things
A network of physical objects — appliances, equipment, vehicles, devices, etc. —
embedded with sensors, connectivity, and the capability to collect, exchange, and act on data,
typically without human interaction.

Block chain
Block chain is an incorruptible digital ledger of economic transactions that can be
programmed to record not just financial transactions but virtually everything of value.

Virtual, Augmented, and Mixed Reality

Altered realities generated through hardware, which may range from totally immersive
artificial environments to the minor merge of a virtual world with the real world.
Industry / Technology Matrix
 The matrix gives a condensed description of one value-adding concept for each
industry / technology