There are so many impacts that arise as a consequence of innovation in technology and these are just three.
The progress in things like wireless tech have additionally allowed the progress of computer technology. Without the invention of wireless internet, the functionality of laptops would be very limited. As there has been such great innovation in this field even so, it means other businesses can feed off that and further innovate themselves. Laptops have become far more prominent for personal use, and this has been viable as a result of the innovations in the communications sector. It is also true however that; had laptops or phones not been invented, then less individuals would need Wi-Fi, so the need for innovation in separate, yet complimentary industries, is clear. Without the progress made by computer and telephone businesses, then there may not have been the emergence of numerous network suppliers. Virgin Media shareholders, for example, have profited from the wide usage of laptops and mobiles in both houses and companies.
Nearly every field has cases of technology and this article will show 3 examples of this. In the telecoms field there have been many enhancements since the earliest phone was made. Potentially the biggest innovative idea that was produced in telephones was the invention of the mobile telephone. By enabling customers access a compact phone, they instantly increase the number of telephones people, or households at least, own and utilize. By increasing the amount of products available, it of course improves revenues earned. This example of innovation has allowed the likes of the Telecom Italia top shareholders, to maximise their returns as a result of the increases in sales. Industries in which there is loads of room for invention will get the greatest investment, as invention is one of the quickest steps to improve market value. This is part of the reason why the technology sector has flourished so quickly and so widely.
Advancements in the internet and internet services have been frequent since it became widely available in the 80’s and 90’s. An amazing example of innovation in technology was the introduction of wireless connectivity. Wireless connections are much easier to use than the dial up connectivity that were needed in the 90’s. For internet providers to prosper they have needed to conform to the creation of wireless internet, and to do this they have had to provide matching if not improved services than their competitors. The nature of this business means that the provider with the greatest services will normally prosper and receive the most clients, there is very little actual product supplied, so service must be their primary concern. It is remarkable how the BT owners have kept the business at the front of telecom supply and internet services, and most of that is down to innovating and adapting to the evolving market place.