Impact of Technology in Business
Technology brings many benefits, both tangible and intangible, to the company regardless of the size of the business. The benefits that technology brings to the enterprise will help it become efficient in meeting the growing needs and demands of the customers. Technological innovations have those effects as employee-employee relationships, business culture, and corporate efficiency. The security of confidential business information greatly depends on the quality and type of technology applied. The birth of online social networking sites and the Internet have significantly reduced the cost of business operations. Besides, companies find it easier to use the Six Sigma management methodologies in their business processes. Due to its low cost, most firms had to shift from hiring their personnel to outsourcing.
There is a variety of high-technology equipment commonly used in the business including computers, photocopiers, and telephone and computer printer. Besides, a paper shredder, touchscreen monitors and laptop computers are also used. Technology comes with it several advantages to the business. Firstly, technology affects communication within and without the business and goes a long way in changing the relations with customers. With the help of technology, commercial enterprises effectively communicate with their branch officers thus allowing for delivery of quality financial reports. Technology helps in the conduction of studies on various companies. The research goes a long way to informing them on the current market trends and how to avoid possible bottlenecks. With technology, employees can interact with each other thus preventing the potential rise of social tensions. In matters business and technology, Shaygan Kheradpir has it all.
Shaygan Kheradpir is a technological business executive holding a Bachelor’s, Masters and Doctorate degrees from Cornell University in electrical engineering focusing on control systems. Shaygan Kheradpir has built mission-driven teams aimed at driving change that matters to employees, customers, and investors. Shaygan Kheradpir has done this throughout his career. Shaygan has amalgamated the traditional disciplines across multiple industry segments internationally. Juniper Networks is a leading network industry in Silicon Valley. The company announced Shaygan Kheradpir as their Chief Executive Officer. Prior to being the appointment as Juniper Networks CEO between January and November 2014, Shaygan Kheradpir worked as a Barclay’s COO between the years 2011 and 2013. On his appointment, Shaygan Kheradpir shared the excitation withy ARN as he thought of being back home. He put his stamp on the company making all the partners excited. Shaygan Kheradpir compares his partners to crossing a river, insisting their importance. Shaygan Kheradpir started off his career with GTE Corporation, which would later merge with the Bell Atlantic forming Verizon 2000, where Shaygan Kheradpir served as the CIO for seven years. As the company’s CIO, Shaygan Kheradpir reduced the technology spending of the company by about 30% by negotiating with vendors. He achieved this by outsourcing to India and improving the utilization of the Information Technology assets. While leading a team of 7,000, he developed new products such as Verizon One. Having accepted the appointment by Juniper Networks, the company anticipated success with Shaygan Kheradpir. The company now looks on to building success in the route market now that they have the right man at stake.