49. Use Technology to Support Decision making: Since technology makes the transfer of information fast and it also simplifies communication, employees and business managers will always find it easier when they want to make quick decision. To make decisions, employees will need approved facts about a subject or any customer in question. For example, if an accountant wants to know how much money customer X owes the company, they will have to retrieve data from a centralized data base with in that organization on that specific customer, this data will show spending and purchasing patterns of customer X, if this data was stored using an accounting software, the system will clearly show appropriate figures. This will save the accountant and customer X time and it will also help the accountant make a quick decision basing on facts.
48. Use Technology to Simplify communication in an organization: For any organization to be organized and be efficient, they have to use communication technology tools like emails, e-fax machines, videoconferencing tools , telephones , text messaging services , internet , social media and so much more. Communication in a business is a process and it also helps in the transfer of information from one level to another. For a business to stay organized and serve its customers well, it has to use effective communication tools. The customer service departments must be in position to solve customers’ problems on time, orders are supposed to be fulfilled on time. Business managers can use technology to easily allocate work to specific employees on time.
Of the roughly 75 employees who worked on the electric crossover’s advanced driver-assist technology â€” including a new hands-free system â€” about one-third were women, a rarity in the male- dominated field. Ford says about 25 percent of its employees worldwide are women, but that figure is considerably lower when it comes to engineering. For Myers, who has traveled the world to photograph people and places, RIT was key to preparing him to adapt to an ever-changing industry. The skills he honed as a student – curiosity, responsibility, communication skills – have enhanced his decades-long career as a photographer.
The Deloitte Technology Fast 500 has been one of the most objective rankings for technology, media, telecommunications, life sciences, and energy tech companies for 25 years. Combining technological innovation, entrepreneurship, and rapid growth, Fast 500 companiesâ€”large, small, public, and privateâ€”hail from cities far and wide across North America and are disrupting the technology industry. It was created to recognize the effort and dedication of the fastest-growing technology companies. Winners are selected based on percentage fiscal-year revenue growth over a three-year period. The ranking is compiled from applications submitted directly to the Technology Fast 500 website and public company database research conducted by Deloitte LLP.