In today’s world, new technologies and new applications for technologies are emerging in almost every field. The problem is finding useful technology and trying to adopt and integrate it into your business operations. It all comes down to what kind of time and money you would need to put in to integrate this new technology and if it would truly benefit your operations.
In a recent Fast Company article, Jeff Immelt, GE’s CEO spoke on the subject of technology in the industrial world. With many people thinking about reasons not to adopt new technology like time, effort, and money; it is clear that some might forget that if you don’t adopt new practices you might just get left behind.