Role of Technology for Startups
Author(s):
Dr. Shashikala. K
Keywords:
Technology, Startup, Environment, Business, Innovation
Abstract
Business technology is applications of science, data, engineering, and information for business practices and in industrial units, such as the achievement of economic and organizational goals. The main element of technology is the idea of change in the business startups, and it will affect business and society. Business Technology students will learn the necessary skills to be fluent in business models, regulatory issues, business development, managing cross-functional and international teams, strategic management, product innovation, and go-to-market strategies to all startups are possible. There is no denying the fact technology increases the efficiency of the Startup company. The advancements in the world of robotics and applied sciences help businesses startups facilitate their customers. Moreover, due to the emergence of artificial intelligence, Startup companies can now make better use of technology. In India Technology start-up landscape has evolved to become the 4th largest in the world. Since 2010 there has been a significant rise in the growth of technology startups and in e2014 India was home to 3,000 technology start-ups. The report – first in the start-up series, conducts an in-depth analysis of the various aspects of the ecosystem. It identifies the current scale and size, factors impacting growth, and steps required to make the start-up environment more conducive. The implementation of technology in Startup business saves time and effort involved in employing human labour and increases productivity, which is in huge advantage.
Article Details
Unique Paper ID: 152398

Publication Volume & Issue: Volume 4, Issue 1

Page(s): 406 - 410
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