In the business world of today, technology is a vital tool used across all industries to drive productivity and improve efficiency. It is fair to say that the advances in technology have been an integral part of the growth of businesses over the last hundred years. Technology in industry leading to improvements in efficiency began on a large scale during the industrial revolution in England during the 18th century. Industrial towns across the country started using industrial components such as the spinning jenny to allow the mass production of textiles and a new larger scale form of manufacturing. These early pieces of technology may seem quite crude in today’s world, but the mass production mindset that they created lives on today. In this article, three examples of modern technology that drive improved efficiencies in business are explored.

The Recycling Industry

Recycling on a global scale was simply an idea 20 years ago. Most households simply put their garbage and general waste out for the trash man, and it was put into landfill. Thankfully, this practice is now seen as archaic in most countries today as we are well educated on issues such as pollution, climate change, and global warming. In modern times, most households in the developed world have access to a range of local recycling services for nearly all their waste needs. The recycling industry can effectively and quickly collect, recycle, and transport enormous amounts of waste materials and products thanks to its reliance on modern technology. Industrial balers used to recycle large amounts of paper and plastic are sold to recycling firms by companies such as Recycling Balers and this technology can also compact large amounts of recyclable material for easy storage and onward transport.

The Rise of the Virtual Office

Whilst most employees from around the world will have experienced remote or hybrid models of work during the Covid-19 pandemic because of the restrictions on movement that ensued as infections spiked, modern technology is taking this a step further. 2022 saw the expansion of the metaverse into the business world. Whilst many of us became ultra-familiar with virtual meeting tools such as MS Teams or Skype where we could video conference and plan together, now there is a focus on virtual spaces. These areas can be visited and explored in virtual reality with the growing number of VR headsets such as the Oculus Quest 2. It is now possible to hold virtual meetings in 3D virtual meeting rooms that can be accessed by employees with VR headsets. Tasks can be collaborated on virtually in this shared space and it is one of the key parts of business that look set to grow rapidly over the next few years.

Social Media Platforms

Today, every successful business needs a fully functioning website that can be navigated smoothly by a variety of tech devices including smartphones and tablets. In short, it is an expected part of modern trading. In recent years, this electronic presence has been added to the need for businesses to be increasingly visible on social media platforms. Key marketing activities such as building brand loyalty and boosting website traffic can be achieved with a strong corporate social media presence which feeds back into the company’s main website.

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