Introduction and Implementation of New Technology in a Company

Organisations are now faced with new and improved ways to provide basic services to customers and a major challenge for managers is to locate the most appropriate technology innovations for their business.

Changing technology may affect the demand for a firm’s products and services but on the other hand due to technology businesses can have systems that provides faster services like the retail businesses have systems that does stock control, cash and customer service.

The current business world is continually integrating technology into daily processes at a rapidly growing rate. The integration is having a major impact on the way that people within corporations accomplish their jobs and as such it is of significant interest as an area of study. The focus that was chosen was to attempt to gain an understanding of the issues and affects that new technology is having on a larger business via an interview with someone in either middle of upper management.

Technology management (TM) for companies is about sustaining and improving a company’s competitiveness in the long-term; being able to think out-side-the-box of what will be the new best thing before its competitor. There are three main aspects that fall underneath the umbrella of TM, leadership, motivation of employees, and last appropriate management technology. A company’s goal of what they have in mind for TM is to create a synergy among all factors (i.e. research, development, planning, engineering, machines, software, productions, and communications) to make them countersink together

Technologies are one of the most important things that we can talk about. Technology is improving everyday, and it doesn’t seem to stop. Before introducing new technology there are many things to consider. The most important factors that should be considered are the risks, the benefits, and financial costs.

The work entitled "Challenges and Reflections on Knowledge Society & Sociotechnical Systems" reports that information technology (IT) is redefining the business basis" and that "customer attendance, operations, product strategies, marketing and distribution and even the society of knowledge depend sometimes even totally on Information System (IS)." (Balloni, 2010, p.21) The implementation of a new technology has been associated with problems that are "often linked to resistance by the work force and failure to achieve the expected benefits." (Balloni, 2010, p.21) Balloni (2010) reports that there must be a fit between the 'technical' and 'social' system, which form the organization. This means that business strategy, rules and processes determine the type of software and subsequently the type of hardware, database, and telecommunications system needed by the organization. The social system is comprised by the organization's

Technological up gradation: the organization must look for latest trends and technologies for manufacturing products and assimilate the modern technologies for making standardised products. The computer era has arrived and it is offering integrated platform for business processes so the recommendation is to have integrated system for better access and synchronization among different departments.

Over the past few years technology has caused significant changes in the way enterprises conduct business.

Changes in technology: Workplaces are change of new and advance technology, technology inventions and improvements to be introduce.

In modern society with technology being so closely tied to having a competitive advantage, a lot of industries compete to keep up to date with new developments. The invention and increased use of computers, internet, and phones have all made a major impact on organisations around the world.

Over the years, technology has become a major part for a business and for an individual as well. Technology has become so advance that it has made a major effect for the staff as well as for the customers. New technology has helped in many areas such as data and information storage, advertising, transportation and communication.

Given that the development of new systems can be fraught with problems and delays, there are many factors that drive organisations to develop new systems. The most important drives come directly from the companies needs and are often not related to technology, but however to technological solutions, these include:

The system allows to company to modernize its strategies and processing more efficiently than its competitors

Today, the global business sphere is growing swiftly in terms of organizations and management in general. New market trends and strategies are being implemented from old fashion to modern ways, in order to best manage and take control of the organization, along with boosting the employees ' confidence. Ever since the dawn of trade and services, the customer has been the main priority in the promise of a fruitful business. In order to efficiently serve the valuable customer, organizations have opted to allocate more and more cash towards Research & Development in millions of dollars, along with efficiently knowing when to change management in correspondence with the organization 's progress. This has all helped with an advancement in corporate technology and asset growth in the desire of pursuing a healthy growth of profits in the long term.

CHANGE is the only constant in the relationship between information systems and organizations. As technology evolves and changes, its introduction into organizations requires changes in the firm 's infrastructure and the services it can provide to its employees, customers, and suppliers.