Businesses Investing In Technology

Businesses Investing In Technology

Businesses Investing In Technology

Advances in technology have resulted in huge changes to products, materials utilised and systems and processes involved in production. As a result of products such as DVD players, personal organisers and mobile phones being developed completely new markets have sprung up using new materials and computer-controlled machinery.

New Technology used in Business

Brindley (2008) identifies three important aspects of the production process which have been greatly altered due to technological advances including: