Question

In: Operations Management

How is Modern technology utilization benefit for the reserch?

How is Modern technology utilization benefit for the reserch?

Solutions

Expert Solution

Ans: Modern technology: It is all about efficiency and speed. It is about ensuring face to face communication, ease of access to information, saves time, mobility, cost efficiency, innovation in the research field, Better learning techniques, automation, etc.

How is modern technology utilization benefit for the research:

  • It translates research outputs into practical applications for farmers and rural communities to use.
  • Agricultural research and improved technology are seen to be the most catalytic agent in promoting the agricultural sector.
  • Technological innovation can be done with the concept of applied research, which requires a scientific and technological method.
  • Modern technology utilization benefits for the research in higher education also as it promotes scientific temperament in students.
  • Big industries do a lot of research in order to make an efficient and effective good for their customers in that they use innovation technology
  • Research, in order to make all financial service digital, requires technology upgradations. like, implementation of blockchain in order to facilitate transactions combined with the speed and cost benefits.
  • If we actually want to implement the 4th industrial revolution: policing and the renewable energy sector lot of technological research is required.
  • Modern technology helps humans and businesses by doing research. Technological based research gives them an idea of how to grown and develop.
  • Market research through digital media like social media, advanced analytics, improved data collection software gives quality research.

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