29/01/2019
Our personal life is highly dependent on the technology that people have developed. Technology has advanced with years and it has changed the way we purchase products , the way we live , the way we communicate , the way we travel , the way we learn and so many changes have been brought about by these continuous technological advancements. As people’s demands and life style change, the demand for advancing the type of technology we use is high. Almost every thing we use has been innovated to better standards, a good example is the ”Mobile Phone ”, the type of mobile phones we had in 1995 are no longer on demand in this century, the demands of mobile phone users have changed greatly, and this has resulted in the advancement of mobile phone technologies.
Users of mobile phones demand simplicity and more functionality, which has forced mobile phone manufactures to develop computer minded smart phones, which are so easy to use, but also they come with more functionality compared to the type of mobile phones we used to have in the past.
Technological advancements have helped businesses and organizations save time and cost of production, which has been an advantage to all business, they manage these advancements to gain competitive advantage. A good a example is the 3G / 4G broadband, small businesses have taken advantage of this super fast internet to reach target markets with less costs of operation.
In the past, only big successful companies would dominate the market because they could afford the expensive adverting Medias, like Television, to reach any target market. Small businesses typically don’t have fat budgets and find it hard to compete in any given profitable market. Now with advanced internet technologies, a small business can use most advanced internet marketing tools with a small budget which can range from $100 – $5000 to reach over 100,000 target customers.
The effects of technological advancement are Positive. Positively, technology advancement has simplified the way we do things, it saves time, it increases on production, it simplifies communication, it has improved health care and it has also improved our educational environment.
Technology has helped in saving many innocent lives. Human medicine and health sciences have improved. Doctors and medical students have embarked on medical technological tools to carry out extensive research on human health problems and challenges. This extensive research has resulted into the development of new drugs, and treatments which have helped in curing most challenging human diseases and this has helped in saving so many lives and it has also prolonged the human lifespan.