Global Trends In Technology Management Pdf

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Global Technology Trends Monitoring: Theoretical Frameworks and Best Practices*

To browse Academia. Skip to main content. By using our site, you agree to our collection of information through the use of cookies. To learn more, view our Privacy Policy. Log In Sign Up. Download Free PDF. Download PDF. A short summary of this paper. The introduction of computers and communication technologies and their constant improvements have transformed the way organisations behave and conduct business. The importance of information technology cannot be over emphasized.

Information technology is at the epicenter of global socio-economic transformation and is a strategic resource and foundation for every economic activity Kabanda, G.

According to Stallings, W. While Stallings, W. Generally African countries are largely end consumers of technology and lag even further behind in terms of ICT innovations Kabanda, G.

Information Technology IT is the set of tools for acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based combination of computing, telecommunications and video. In general IT represents the convergence of all types of computer equipment, certain electronic audio and video equipment, all types of software for use with computers, telecommunications equipment and software, and other automation techniques.

The term information and communications technology ICT is generally used and usually refers to the integration of information and telecommunication technology sectors involving their convergence with the media technology sector based on common digital technology. ICT includes all types of telecommunication and broadcasting systems and services wireline, wireless, mobile, satellite , computer hardware, software, networks and services, content producing and managing multimedia systems Sallai, G.

ICT, therefore, means any communication device, application, or service related to radio, television, cellular technology, computing, networking, and satellite systems, including services such as videoconferencing and distance learning.

ICT has a tremendous impact on reducing costs and increasing the quality of management of business processes. Berisha-Shaqiri, A. Modern information systems are largely driven by the development of the internet. The internet revolutionized how the world communicates, stores and accesses information. But the reason that all of these technologies have had such a massive impact on almost all aspects of life is that these devices are linked so that information can be distributed and accessed effortlessly from anywhere.

This development has brought with it several issues, positive and negative. The speed of development of technology has increased exponentially over the last three decades since the invention of the World Wide Web WWW in The ease of sharing and accessing information across the globe has enabled technology developers to reduce their development time.

The internet brought with it inclusivity, helping to integrate African countries with the rest of the world digitally. The practice of technology management requires a better theoretical structure to avoid being blindsided by new technology Dolinsek, S. In the world of investments, monies flow in and out of technology-based companies more on the basis of fashion than on the basis of rational technology analysis.

According to Dolinsek, S. On the contrary, the common observation is that key management decision makers have inadequate background and ability to make judgments and forecasts in the area of technology; and without that ability, their options in utilizing technology in corporate strategy are severely limited. Technology is addressed in strategic plans only implicitly, except in the case of special endeavors which are outside the main lines of production.

Strategic management of technology and innovation is a young field and the domains of different in developing nations. Khalil cited in Dolinsek, S. Computers have enhanced the speed and ease of communication between individuals and companies. Ideas spread quickly and easily, cutting across geographical boundaries at low cost.

Companies save time and money in implementing their strategies as more and more transactions like sales and purchases are implemented over the phone or on the internet and managers are quickly aided in their decision making processes. Distributed information processing is used in most companies for both intra-company and inter-company exchange.

Technology has also improved production in almost every industry in the world. It is used in the health sector in a way that has saved many lives and improved the quality of life and longevity Stallings, W. Machines now carry out a lot of the work in the industrial and agricultural sectors and have led to increased outputs. Technology has provided better working environments, reduced human effort and improved efficiencies.

With more technological advances taking place, organisations are able to store more information in smaller spaces and retrieve information at higher speeds. On the educational front, technology has improved access to knowledge and enhanced research efforts.

The four types of information namely voice, data, image and video technology are dominating factors in shaping the competitiveness of enterprises Gudanowska, A. Knowledge and skills are a necessary and sufficient condition for technological progress.

Without knowledge and skills, machines, devices and processes of production would be just some unknown, unuseful, arbitrary and coincidental processes and pieces of material. Knowledge and skills are fundamental to consistently use machines, devices and processes of production rationally and effectively. Dolinsek, S. How and to what extent a technology contributes to wealth in a society depends on the principles of the socio-economic order in that society, in which technology is developed, used and advanced.

Technological capability is one of the central elements in the practice of technology management. Theory in management of technology should therefore pay sufficient attention to this phenomenon and provide some satisfying results. Technological capability refers to our capability capacity to use technologies as well as knowledge and skills necessary for their proper use in a way that contributes to effective and successful achievement of our purposes.

Technological capability is not the same as technology or as knowledge and skills of how to use a technology in order to produce a desired product. According to Gallon et al cited in Dolinsek, S. Management of technology links engineering, science and management disciplines to plan, develop, and implement technological capabilities to shape and accomplish the strategic and operational objectives of an organization. Managing technology implies managing the systems that enable the creation, acquisition and exploitation of technology.

The Behavioural Theory suggests that information systems could change the hierarchy of decision making thus reducing the need of middle management and clerical support to distribute information Kabanda, G.

Information Technology Management is concerned with exploring and understanding Information Technology as a corporate resource that determines both the strategic and operational capabilities of the firm in designing and developing products and services for maximum customer satisfaction, corporate productivity, profitability and competitiveness Catalin, P. Management Information Systems refer to information management methods tied to the automation or support of human decision making, whereas IT Management refers to the IT related management activities in organizations.

Information Technology Management is heavily dependent upon the alignment of technology and business strategies, and includes considering the value creation that is created through technology. Technology plays an important role in improving the overall value chain of an organization, where the value creation for an organization is a network of relationships between internal and external environments.

The IT Manager and the Project Manager have a lot in Common as both work to achieve organizational goals by directing the activities of people. According to Catalin, P. Hence, it is the time-limited nature of projects that makes the role of Project Manager so important. What every IT Manager needs to know about Project Management is that there are best practices which when socialized into an organization can greatly enhance the success of projects. Therefore, adopting Project Management will make the work of effectively managing change in the IT environment easier and more consistent.

IT is generally accepted as a key enabler of economic and technological growth. Information Technology has unlimited potential to improve business operations, education, technology and economic growth. However, this technology could help contribute to poverty alleviation in developing economies if used to meet local and national needs.

Information Technology IT plays a vital role in leveraging productivity and efficiency in private organizations, governments and research. The value of IT in any organization depends on its infrastructure, which consists of computers, network and telecommunication technologies, data and core software applications. Developing countries lack enough skilled IT persons who can design, program, install, configure and maintain Information Technology in this constantly changing industry Ejiaku, S.

Accordingly, lack of qualified and globally recognized IT professionals is seriously hampering IT adoption and development. Ejiaku, S.

IT Management must take into cognisance all these challenges and issues, especially in developing economies. Managers implement new technology to change something: the organization, the nature of work, relationships with other organizations, or some other facet of business Lucas, H. Technology management entails all management activities that determine the application of policy, objectives and responsibilities as well as their execution in an organization in terms of planning, allocating resources, organizing and ensuring outcomes that improve processes Laudon, K.

Gudanowska, A. According to Kabanda, G. The first one is the Microeconomic Model which looks at technology as a factor of production like labour and capital. The Cobb-Douglas production function is used to explain the relationship between the inputs of labour and capital to produce the output which can be significantly increased if technology is added as another form of input Walsh, C.

A CEO understands the role and importance of information technology in managing a twentyfirst century organization. Lucas, S. Managers delegate tasks and decision making to lower levels of management, and information systems make data available at the level of management where it is needed to make decisions Lucas, S.

Technology-enabled firms feature highly automated production and electronic information handling to minimize the use of paper and rely extensively on images and optical data storage. According to Lucas, S. Information Technology IT , demands design, installation, configuration, training and maintenance of infrastructure Ejiaku, S. Continuous IT adoption and development, in varying degrees is necessary in both developing and developed countries because IT is a major driver of modern technological development and globalization.

Watson and Meyers identify three major factors that impact on the development of a successful IT industry in a developed country. These are the extent of IT promotion by governments, the level of research and development, and the existence of an education system that produces IT literate graduates. In developing countries, lack of resources to develop IT in their respective countries and a heavy dependence on foreign aid are important factors that impact on development.

Poor basic IT infrastructure and networks in developing countries also hamper their ability to facilitate adequate IT transfer, implementation and development.

IT brings tremendous changes with resect to the following areas Lucas, S. Facilitate distance learning through e-mail, groupware, and videoconferencing. Provide access to vast amounts of reference material; facilitate collaborative projects independent of time zones and distance. Make large amounts of information available, perhaps to the consternation of cer? Present opportunities to improve education.

TRENDS IN INFORMATION TECHNOLOGY MANAGEMENT

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Subscription price Impact factor Clarivate Analytics 1. It seeks to establish channels of communication between government departments, technology executives in industry, commerce and related business, and academic experts in the field. The objectives of IJTM are to develop, promote and coordinate the science and practice of technology management. It also aims to help professionals working in the field, engineering and business educators and policy-makers to contribute, to disseminate information and to learn from each other's work. The international dimension is emphasised in order to overcome cultural and national barriers and to meet the needs of accelerating technological change and changes in the global economy. IJTM provides a vehicle to help professionals, academics, researchers and policy makers, working in the field of technology management, engineering and business education, to disseminate information and to learn from each other's work. IJTM publishes original papers, review papers, technical reports, case studies, conference reports, management reports, book reviews, notes, commentaries, and news.

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Smart Technology Trends in Industrial and Business Management

T he impact of technology continues to grow. The intersection of technology and business operations, technology and people, technology and government, and technology and just about everything else, will mean more change on more fronts in the years to come. According to the data, innovation remains a top business priority. Likewise, robust spending projections on emerging technologies, such as the internet of things, big data, artificial intelligence, and robotics confirm the steady advance of digitization.

Цель была достигнута. Все глобальное электронное сообщество было обведено вокруг пальца… или так только. ГЛАВА 5 Куда все подевались? - думала Сьюзан, идя по пустому помещению шифровалки.  - Ничего себе чрезвычайная ситуация.

Я просто подумал… - Толстяк быстро убрал бумажник.  - Я… я… - Совсем растерявшись, он сел на край постели и сжал руки. Кровать застонала под его весом.

Smart Technology Trends in Industrial and Business Management

 - Я должен сделать проверку на наличие вируса. Чатрукьян знал: это первое, чего в любом случае потребует Стратмор. Выглянув в пустую шифровалку, он принял решение. На загрузку программы и поиск вируса уйдет минут пятнадцать.

Не поддается. Сьюзан не могла поверить, что это сказал человек, двадцать семь лет работавший с шифрами. - Не поддается, сэр? - с трудом произнесла.  - А как же принцип Бергофского. О принципе Бергофского Сьюзан узнала еще в самом начале своей карьеры.

 - Главный бастион, два набора пакетных фильтров для Протокола передачи файлов, Х-одиннадцать, туннельный блок и, наконец, окно авторизации справа от проекта Трюфель. Внешний щит, исчезающий на наших глазах, - открытый главный компьютер. Этот щит практически взломан. В течение часа то же самое случится с остальными пятью. После этого сюда полезут все, кому не лень.

Technology management
2 Response
  1. Melusina B.

    Technology management is a set of management disciplines that allows organizations to manage their technological fundamentals to create competitive advantage.

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