TECHNOLOGY AND A GLOBAL WORLD
Recent technological achievements have made indelible marks on globalization.
There has been total transformation in the manner in which industries and corporations organize their production, invest capital, trade goods; and also in how they develop products, services, and processes.
New discoveries in information system and information technology are now key aspects of most industries globally.
This is because it forms part of the business strategies and has the ability to communicate and process information in a digital form.
Every successful business that operates on a global scale (and even at a local level) cannot do without having an exceptional information technology system which would help to facilitate interconnectedness between the company and the world.
The advancement in technology includes the use of computers, hardware, software, mobile phones, and artificial intelligence.
These technologies help to access other countries' information system and ease communication process.
They also increase the ability of the business to gather data and develop their economic potential.
The advent of the internet and internet-based tools has made the spread of information and global communication easier.
Thus, it has created an enabling environment for globalization.
We must note also the role of software and hardware in facilitating globalization.
Hardware and software have helped to connect people and systems around the world. Hence, they have played pertinent roles in facilitating globalization.
The rise of artificial intelligence has made us realize that there are computer systems that can carry out task that usually require human intelligence.