Industries that have experienced a profound technological transformation
New technology can have a massive impact on businesses. But it’s affected some more than others. For a few industries it’s initiated subtle changes, whereas for others it’s changed the very nature of the industry. Below, we explore the industries that have experienced a profound technological transformation.
Retail
E-commerce has been transformed by technology. Before the internet, the high street dominated retail – customers would go out and visit their favourite stores on foot. Now, however, the internet and delivery systems have enabled consumers to easily select what they want online and get it delivered to their home. This has enabled Amazon to dominate the market as one of the most comprehensive online retailers.
Automotive
The automotive industry isn’t as far along in the transformation process as retail, but it’s certainly in the middle of changing. Car manufacturers are now pivoting towards electric cars (EVs) with consumers becoming deeply concerned with the emissions produced by traditional cars. EVs have now taken a 32.3 per cent market share in the UK. And with environmental laws gradually becoming stricter, this change is only going to accelerate.
Telecommunications
Back in the 90s, the easiest way to contact a friend was to go through the uncertainty of the landline telephone. Telecommunications has come along way since then though. Mobile phones allow you to communicate with friends on the go. Meanwhile, communication over the internet is easier than ever. With fast broadband, you can now carry out crisp conference calls at short notice.
Manufacturing
Manufacturing has been completely changed by the latest industrial equipment too. 3D printing can now allow manufacturers to efficiently and quickly turn plans into reality, with much less waste than traditional construction. Meanwhile, sophisticated machinery can now take over some of the more repetitive jobs that humans used to be tasked with.
Education
In the classroom, it’s become easier to teach than ever before: smartboards have replaced projectors, iPads and Chromebooks have replaced notepads and educational technology is ever more finely tuned. This can help students to engage with their lessons and become more creative in the classroom.
Agriculture
Agriculture has been transformed by technology too. Robotic technologies now monitor crops and can manage air and water quality on behalf of the farmer. This reduces waste as farmers can now pinpoint specific areas that need nutrition and support rather than covering the whole field.
Technology is rapidly changing many industries. From agriculture to manufacturing, our lives are being made more efficient and simpler by innovations. If you’re looking for an edge in your industry then exploring technological options could be your way to get ahead of the competition.