Topic > Benefits of Using Modern Technologies in Businesses

IndexAmazonComputer-Aided Precision Systems and RobotsNetscape Secure Commerce Server ProtocolFuture Technologies (IoT and Marketing Automation)ConclusionTechnological advancement has had a significant impact on organizations. Entrepreneurs create businesses with the goal of making profits. Due to the challenges posed by the intense competition that often exists in most markets, companies are increasingly looking to transform their operating models. As a result, it has become important for them to incorporate the use of technology to spur growth. The goal is often to diversify and increase your market base. Virtual online banking has been on the rise in recent years in many parts of the globe. Financial institutions are increasingly using technology to offer their customers a better experience and improve efficiency in the provision of critical services. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get Original EssayAmazonAmazon is a leading American company founded by Jeff Bezos in 1995. As part of his vision, the CEO wanted to ensure that the name of the company reflected his ideals. Therefore, he named the company in honor of one of the largest rivers in the world, the Amazon. Thanks to the strategies adopted by the management, the company soon established itself as one of the leading bookstores globally. However, technological advancement would have a significant impact on the entity's strategic plans. Therefore, it has become increasingly imperative for management to expand the company's market base. By 2000, the company had made great strides in diversifying its operations across relevant technologies. The company has expanded its operations by adopting online platforms to provide high-quality goods and services. The organization has continued to evolve over the years to meet the needs and preferences of its customers. As a result, it has recently invested in successful projects, such as Amazon Prime Instant Video, Amazon Fire Phone and Amazon Cloud Drive. Precision systems and computer-assisted robots. Amazon strives to be the most customer-centric company in the world. As a result, it is committed to ensuring that customers can find anything on its e-commerce platforms. Given the size of the company, the management always implements appropriate technologies to ensure the provision of high-quality services. Computer-aided precision facilitates the identification, sorting and packaging of Goods. Once a new product arrives at the company's headquarters, a computer vision system identifies it. The system then enters the collected information (weight and dimensions) into a central tracking system, which ensures easier access. The company has also made use of robots that manage the storage area and arrange the shelves. Customers are required to place orders through the appropriate channels. Once you place your order, your shipment will automatically be assigned the optimal dimensions and the necessary packing tape. Before loading the shipment onto trucks, a system weighs the load to ensure the correct products are inside. It is important to ensure that the shipment arrives as requested by customers. Robust Data Warehouse Amazon has managed to create a hybrid virtual organization through the advancement of technology, which has significantly affected the company. The company has currently established itself as the leading online giant. Receives more than a million requests from customers around the world. The organization's technological architecture manages numerous daily.