Why Technology Is Important in Business

Human beings started to use tools to make food in farmlands more than 10000 years ago and already knew how to make technology into technique in many fields. At that time, people gained daily requirements from natural resources, and then they found out that picking fruits and beans from trees was not enough for cold Winter because some of them died of starvation. In the North of the world, a long and cold winter, there is almost no food in the natural forest. So, some people started to think about using technology. Of course, at that time, people did not consider it was technology. A new concept came out of their brain in the past. They cultivated vegetables and some beans in Spring and gained them in Autumn. That is why they could survive throughout more than three months of Winter. Speaking of here, I need to make two words clear, “technology and technique.” Technology is the process of cognition, and technique makes research come true. Let’s go back to the topic.

 

In the UK, Adam Smith wrote the book “ the wealth of nations.” In his book, he explained how to improve productivity. He thought making each worker do a single and easy procedure during the manufacturing process could improve the hourly capacity by 30% or more. For example, we divide a USB data cable into six steps. The first worker cuts and strips the wires. The second one solders wires and connectors together with a soldering iron and wires. The third one injects inner and outer skins. The fourth one tests the quality of each finished product with a testing machine. The fifth one winds and ties cables with tying wires. The sixth one packages each finished product with a carton box. Of course, if one work position can not produce fast and makes the next step to wait for, we need to divide this procedure into several or add more human power. Adam Smith proposed this theory several hundred years ago and wrote it in the book. Based on his idea, it helps us reach maximum productivity. We know that when an enterprise can produce lots of products and have stable quality, there is no reason it does not earn profits. We all know profit is the priority for a business or enterprise.

 

The second example is about world war two. When most countries were all involved in world war two, and most of them couldn’t produce military supplies, the USA adopted this technology in the Ford factory. It helped the factory make 300-400 pieces of tanks every day. Generally, the original theory is the same as the above. Designers put a tank into many parts, and every person took a single step assembling a screw or something. Nowadays, A troop only needs 250 to 300 tanks. What a horrible capacity! Nowadays, even though many countries still don’t have such ability. People used this technology to help The USA tide up a hard time. These days, to win a war depends on how many weapons a country has. It is up to how many a country can produce in s short time. Sometimes, advanced technology can make the worst situation turn into the best. In the end, the USA won the war and became the most powerful country in the world. Although nowadays, selling military weapons is essential revenue for the USA and some military business people because they have high tech and a lower price. Technology helps the American government gain a lot of taxes from weapons. If you produce a product using a low cost, you can earn a fortune.

 

In the 1990s, most people did not know what the internet was, and most people were functional phones which only could audio calls and send messages. But some geniuses around us often have different ideas about some new things. A research team in the USA wanted to use the internet to make a search engine. At that time, It was a new idea in the market, so most people did not know and could not accept such an uncommon thing. Of course, this team got a hard time as most entrepreneurs had and needed to save money on food to buy new equipment. Right now, when we need some learning materials and some information, it only requires us a click with our mouse. It is the power from the technology. Let us think about that situation if there was no it. People never thought they could sell their products at home in the past and studied college courses in front of a screen. These are advantages for business people because they can sell and propagate their products in the most direct way between clients and at a lower cost.

 

When we try to make technology come into our daily life, It needs a long time. But it explains why technology is vital for business. At that time, when this team tried to sell its effort for three hundred thousand USD, no one took it. Even worse, some people said it was a scam because this is a common thing for technology. Most people can not accept new things immediately. As I mentioned above, some geniuses had advanced ideas for our society. So, A new business model is also from these ideas. When we try to make technology come into our daily life, It needs a long time. But it explains why technology is vital for business. At that time, when this team tried to sell its effort for three hundred thousand USD, no one took it. Even worse, some people said it was a scam because this is a common thing for technology. Most people can not accept new things immediately. As I mentioned above, some geniuses had advanced ideas for our society. So, A new business model is also from these ideas. Here, I want to express that businesses need to depend on technology to earn profits so that it will not be eliminated by time.

 

Maybe I should say we are lucky to know new technology. Luck is on the way for people who are efforting. After many times of tries, the team encountered Angel funds. One hundred thousand USD meant a lot for it. Speaking of here, most people probably know what this company is. Yes, it is Google. Commercially, we can find suppliers, clients, and techniques through Google. For example, you use your charge cable to transfer pictures from your laptop and phone, but it doesn’t work. At this time, you input your questions and the on Google and click search. And then, you get an explanation. There are two kinds of cables in the market. The first one has two inner wires and only can charge your phone or battery. The second one has four inner wires and can charge your phone and transfer data. In the end, you acquired a new technique and a piece of information. Why you can’t transfer pictures from your phone to your laptop because your cable only has two inner wires for power and lacks the other two inner wires for data. A cable that has more inner wires is more expensive.

 

Moreover, if you need to buy a new cable, there will be some recommendations on Google. When businesses use this technique, we can find suppliers and suppliers and find clients on it. Let us think about another situation. What would we do if there was no such idea in our daily life? We would find our friends who worked or were familiar with this field and inquire about it. And then, our friends needed to put on their works and explain the details to us. After that, I needed to buy a new cable in a nearby convenience store according to our friends’ suggestions. But these things are not popular these days. After this team made this technology into technique, young people who know how to use computers can use this search engine to acquire knowledge easily. Business people use it to find more valuable clients and earn a fortune. Clients also get a lower price at their requirements. People can save a lot of time and find direct sales resources. This is also a pretty good help in business.

When you were born 2000 years ago, you often heard a classic sentence from our central government -development economy in a technological way. We need a long and stable economy and create maximal profits with minimal waste and resources. When top designers have some long-term and mature ideas, those lead economy to a prosperous way. In the 2020S, we see the result of more than 20 years of effort. China has become the second rank economy. All of those blooming achievements can not be separated from those designers. They used their smart brains to think about many feasible theories for the development and avoid some unreal methods from huge wastes. Because of most years of effort on the economy in a technological way, most rural areas have new concrete roads and houses replaced narrow mud roads and outdated houses which are made of loam and tiles. We can see how many benefits that technology has brought for us. From a small business to a whole country economy, they all need technology, small enough to earn a margin for everyone, big enough to maintain a nation to run smoothly.

 

In a nut, there is no technology, and there is no technique. Technologically, it is a theory for many fields or an assumption for most things and makes sure which one is correct. As we see the current business, some new business methods often came up. Although some of them failed. These successful new businesses replace old ones. Old ones have no opportunity to come back again.

Harvey He

Harvey He

Founder of Heloveyou.com: I like to write about self-improvement and achieving excellence, and believe that it is these qualities that ultimately make people successful in life.