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Impact of Engineering and Technological Developments on Society, and the Global Nature of Large Technical Companies
Impact of Engineering and Technological Developments on Society
It goes without saying that we are living in the world of advanced technology that has revolutionized all facets of life dramatically and allows us to differ from beasts by using power of our mind. The digitalization of world has tremendous impact on various niches like society, business, law and order, communication, etc. Consider the effect of Engineering and technological development on society in the light of the following points.
Development of social media using internet on PCs, laptops, and even on mobiles, has changed the way we interact with each other. No matter in which part of the world you reside, you can stay connected with your social circle.
Advanced Engineering concepts in the field of control, automation, transportation, etc impact our social life in a big way. We could easily reach out our friends using fast and reliable modes of travelling that were a rarity in the past.
Recently, E-Commerce has dramatically changed the way we purchase items (Lee). Now, you really don’t need to go to physical stores for purchasing clothes, clothing items, jewelry, etc. Visit online shopping websites, and place your order. Shipping facilities are ensured by many online companies that drop your orders at your doorstep.
The workplace environment has completely changed from the past. PCs, laptops, and various electronic gadgets are available to gain more competitive advantage by saving time and cost of productions (Ramey).
The industries work in safe environment now.
The logistics facilities have greatly improved that allow us to transport heavy cargo items from one place to another.
The role of Engineering is very important in utilizing the technology for marketing and business purposes. The advanced Engineering concepts are moving towards energy conservation and for making environment green. Hence, society will be greatly benefitted.
The role of Engineers is vital in power production that was scarce some decades ago. Now, you can take advantage of powered devices to enhance productivity of routine tasks with less effort.
The Global Nature of Large Technical Companies
The large technical companies are striving hard to strengthen their position in the global market. As soon as the business grows outside the boundaries of the country, it faces many challenges related to management, laws, policies, logistics, and much more. Considering these difficulties, resources have to be utilized in an intelligent manner. Most of the large technical companies outsource the tasks that don’t fall in the scope of their labor.
As a result of globalization of technology, the developed countries can outsource a part of their work to developing countries for taking advantages of their expertise. IBM hires most of the software Engineers from India for completing global projects (Lohr).
The industries are expanding their wings outside national boundaries. Carriers, banks, architects, and even the healthcare facilities have become global. Patients search for the best facilities at competitive prices. Hospitals try to attract patients with modern machines, qualified doctors, and renowned surgery methods. You will find many Americans moving to countries like India and Singapore for medication facilities.
In order to facilitate the Global Value Chains, the governments need to define policies and rules to reduce the difficulties faced by the global businesses (Elms). The large technical companies must develop sufficient insight about the international laws, business policies, target markets, market trends, and supply chains in different parts of the world where they intend to grow their business.
Industrial globalization has really boosted the economy of developing countries since they can trade their valuable resources at great prices with developed countries. Overall, global business has great impact on the large technical companies and their corporate relationships.
Elms, Deborah K and Low, Patrick. "Global value chains in a changing world." World Trade Organization Geneva 2013.
Lee, Konsbruck Robert. "Impacts of Information Technology on Society in the new Century." The Daily Journalist 2002.
Lohr, Steve. "Global Strategy Stabilized IBM During Downturn." The New York Times April 2010.
Ramey, Karehka. "Technological Advancements and Its Impact on Humanity." Use of Technology 12 November 2012.
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