The Role of Technology in Enhancing Business Processes

Abstract

In today's fast changing global economy, technology plays a critical role in strengthening company operations by increasing efficiency, innovation, and competitiveness. This abstract investigates technology's complex influence on company operations, emphasizing its role in optimizing processes, automating jobs, allowing data-driven decision-making, and supporting digital transformation. The potential for developing technologies such as artificial intelligence, cloud computing, and the Internet of Things to alter established business procedures is investigated. Furthermore, this abstract stresses the need of firms adapting to an ever-changing technology world in order to stay adaptable and viable. This abstract emphasizes the critical relationship between technology adoption and business process optimization through an examination of real-world case studies and scholarly research.