Emerging Technologies - Software

This lecture on business software is an exploration of the transformative journey from manual record-keeping to real-time access of terabytes of information. As hardware continues to advance, offering increased processing power, storage capacity, and connectivity options, software developers are empowered to create more sophisticated and resource-intensive applications to meet the growing demands of businesses. This progression enables the implementation of complex algorithms for data analysis, machine learning models for predictive analytics, and immersive user experiences through augmented reality and virtual reality technologies. In general, as hardware capabilities (e.g., processing speeds, memory, network latency, scalability, and cost) improve, software gets larger. Consequently, businesses can leverage greater software capabilities to drive innovation, enhance productivity, and gain a competitive edge in their respective markets.