The document discusses the impact of smart technology on business performance, emphasizing AI and IoT's role in enhancing operations, communication, and productivity across sectors, including healthcare and agriculture. It highlights how innovative technologies are transforming traditional business models, particularly during the COVID-19 pandemic, by facilitating digital transformation and improved customer engagement. Anumak & Company, a management consulting firm mentioned, aims to provide scalable solutions and insights for modern business challenges.

1. THE FUTURE OF SMART
TECHNOLOGY AND ITS EFFECT
ON BUSINESS PERFORMANCE

2. D
iligence has a cost-effective rate on individuals but running a business suck when it’s not
built in the heart of technology while it grows. Especially when homes, offices, and the
general human environment are included in the intelligent technology services. Moreover,
having a successful operation in business is one thing to moderation. Trying to build an effec-
tive and more profitable industry with competent technology services is another.
Businesses must be soil in intelligent technology that encompasses one generation of live-
lihood for human benefit, making life easier for both natures sets, with the help of AI and IoT,
to positively transform businesses and human lives. But unfortunately, many people seem not to
understand the magic behind the technical revolution. At the same time, it breeds, but the result
of the intelligent technology device will always trigger you off when it defines its call in human
life.
What Is Smart Technology? :
Innovative technology refers to intelligent devices equipped with one or several sensors
that provide data that are used for analyzing and captivating customers’ conclusions from
pre-programmed rules, conferring with other intelligent devices, and acting accordingly. To do
that, they also need a certain amount of computing power. These clever technologies at home
include mobile, Tv, and other home appliances built with the intelligent technology service
provided by technical experts. Recently the tech industry gained an advancement referred to as
industrial development or revolution 4.0. However, this relates to cloud solutions, deep machine
learning, AI, and IoT to improve businesses and products through its valuable data.
How Does Smart Technology Work? :
The intelligent technology operation varies for its numerous types but usually work in the
form of robotics due to the census imbibed in them, which gives them the ability to perform the
complex task with their brilliant ability. From learning to sensitive performance, reduce pressure,
high intensity, temperature, acceleration, and radiation in daily activities. However, the perfor-
mance varies for different use, either for home or office use. They’re primarily automated for
either voice function, finger control, or remotely controlled.
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3. In this century, smart devices have no limitations in businesses, including the health industries.
For example, innovative technologies that are referred to as AI tools in hospitals have saved a
significant number of lives through their effectiveness, excellent performance by drafting quick
treatment measures to assist health experts in bringing out the best in them, and also a great
way to keep an organization’s reputation in public. Nonetheless, while every bit of it counts, it
is essential to the devices noted.
Smart Technology In Healthcare:
Healthcare is one critical aspect where innovative technology executed an incredible person-
ality among others for purifying the human environment and more effective sustainability for
every individual. Intelligent technology devices in the health industry are wearable devices that
require the internet and IoT to perform their obligations, such as patients’ diagnosis, accessing
information, driving quick data for patients’ recovery, and managing the health ecosystem with
full potential and intelligence. Also, it promotes communication within the healthcare environ-
ment, patients, doctors, hospitals, laboratories, and research institutes to ensure and execute
its primary responsibility of eradicating illness and diseases. To perform exclusively through its
data-driven.
Smart Technology In Businesses:
Innovative technology has positively caused a stir in businesses beyond the realm of a tiny tran-
sition into glory. Undoubtedly, innovative technology contributed more to firms’ sudden devel-
opment and growth during the covid-19 pandemic season, making all organizations go digital
in their company for further advancement. However, it contributed heavily to all organizations’
communication and consumer service sections, regardless of the company’s size and personali-
ty. Today, with the help of intelligent technology devices, businesses have evolved in marketing,
sales, product management, protective rate with the formalities of cybersecurity and vulnerabili-
ty management, faster workflow, and general industrialization process as long as it has its root
sunk in the technology basement.
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4. Smart Home Technology:
Of course, home appliances have no other source than smart tech, creating a brighter lively
hood for humans and nature. Innovative technology at home is designed for three purposes:
convenience, entertainment, and perfect security. Because it can access, control, and leverage
the house to the owner’s taste, it is referred to as the human supporter. Asides from that, it is
bright and works severally with automation, like; Google’s Nest:- It is an electronic program-
mable and energy-saving device that keeps the home calm and secure and gives it an average
temperature while it lasts. Although it has to be set manually for the first three days, the device
can monitor and detect the time and rate of temperature its residents would want it to be. It is
an automated and well-versed learning machine.
Smart Technology In Agriculture:
One critical difference between traditional and modern farming is not just about the machin-
ery, mechanical options, or the negative mode of preserving farm crops but also the means
of collecting data. It is easier to get crop data with the innovative technology system, like the
traditional means where crop resolutions are based on prediction. Intelligent technology makes
it much easier to access bad crops than predicted. Right from their very early stage, the only
thing to be done is to adopt innovative technology systems.
Key Point: Smart technology system has a positive effect on business performance in the
communication aspect, cost-effectiveness, increased productivity, outsourcing, creation of a
broader customer base, and enhanced concrete security measures.
Conclusion.
They say that being a top-notch is the head; for businesses to remain at the top of their industry,
management has to strictly adhere to the rule of the intelligent technology system to dearly em-
brace the development and technological advancement that it would bring to their businesses.
Nonetheless, the head of business and operations needs to ensure that all responsibilities are
adequately shared among workers/employees, so it doesn’t hinder the growth of possessions in
the industry. As long as we all live for a specific reason, on an unknown journey whereby you
have to figure it out yourself, innovative technology will always live because it focuses on the
future.
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5. ANUMAK & COMPANY
aNumak & Company is a global management consulting firm, an India private company
limited by warranty. It is a company with expertise in creating scalable business models for
different industry verticals. The Company strives to provide solutions through consulting, digital
transformation, and innovative products that solve modern business problems. Offering on–
site and offshore support and unique strategies, aNumak & Company transforms traditional
business models into high–performance, dynamic, and distinctive business enterprises. It brings
insights from core domain experts to deliver the best possible solutions to drive growth. aNumak
& Company and each of its member firms are legally separate and independent entities. For
more detailed information about aNumak & Company and its member companies, please visit
https://www.anumak.com
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