Technological advancements over the last decade have transformed how businesses operate and opened opportunities for innovation. These include the internet, software, hardware, and new communication technologies. Technology has increased the speed of information exchange, allowing businesses to react more quickly. It has also created new products, markets, and more efficient business processes. Looking ahead, the next generation of the internet promises to become a more collaborative platform that enables secure inter-company interactions. Architecture is shifting from vertically integrated to distributed and virtualized, making IT more flexible, agile, and cost-effective.

1. Technological factorsPest Analysis

2. Technological advancement have greatly changed the manner in which business operate. Over the last decade we built a very efficient means to transport information & org. have begun looking for ways to leverage the internet to transform and grow their business. This opens up significant opportunities for a wide variety of players to innovate by delivering systems, solutions, architecture & services that add value. Techno forces :

3. Internet & other information exchange system including telephone. The winner in the future will be those that build the Next Internet.Multitudes of software which help them manage their business.Technology hardware such as mobile phones, Blackberry, laptops, desktops, bluetooth devices, photocopies, fax machines which transmits & record transactions. Technology uses thru :

4. Technology has created a society which expect instant results. The technological revolution has increased the rate at which information exchanged between stakeholders. A faster exchange of information can benefit business as they are able to react quickly to change within their operating environment.Technology & Society :

5. Technology create new products & new processes. MP3 players, computer games, online gambling & high definition Tvs are all new market created by technological advances.Online shopping, bar coding & computer aided design are all improvement to the way we do business as a result of better technology.Technology & Operation :

6. Technology can reduce costs, improve quality & leads to innovation.

7. Internet has changed from data transport to a Media Experience Platform. E.g to send a video to a cell phone.Next Internet will become a true collaboration platform across boundaries to enable inter-company interactions with security.