[MTC Global] Technological Innovations - way to go for organizations

Dear Colleagues & Professional Associates

What is a Technological innovation : From James watt steam engine to Bollywood superstar Rajesh khanna"s typical mannerisms/ addaein to the latest styled Titan watch to Andhra Swagruha foods sweets , Innovations have been responsible for the progress & change the world has witnessed . Man has improved & enhanced his standard of living & quality of life by ensuring a steady flow of Innovations into the world. The aeroplane, automobile, printing press, fax, computer, microprocessor, internet, Google search, Facebook, cloud computing - innovations are unstoppable. Whenever an innovative idea is generated to address a market need, there is a technology which gives it fruition & shape to satisfy the need. So it is no longer mere innovations. The world comprises of technologies & innovations. Today, any change , whether incremental or radical, in a product/ process/ services results in a technological innovation. 

ATM, Whats App, Crowdsourcing, latest model of Samsung mobile, Pepsi drink, Bata shoes to a new Phenol by a local SSI unit are examples of Technological innovations. Organizations need to focus & work on TI - Technological innovations to stay ahead of others & be well prepared for the future. It ensures survival & growth of organizations even in recessions & downturns. How does TI happen & what factors are responsible , Next posting,,,,

regards

Ramesh Vemuganti

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MTC GLOBAL- Educate, Empower, Elevate
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