EMERGING TECHNOLOGIES IN BUSINESS

Abstract

Growing a business often requires keeping up with new technologies. Emerging technologies are those technical innovations which represent progressive developments within a field for competitive advantage.  They include artificial intelligence, robotics, Internet of things, virtual reality, big data, blockchain, and nanotechnology. These technologies are revolutionizing the world of business, how organizations function, change and evolve. They are being touted as the “next big thing” that will solve all our problems. Human beings are designing, commercializing, marketing, purchasing, and using these technologies. This paper investigates some emerging technologies for businesses including artificial intelligence,  robotics, 3D printing, and blockchain.