Commenting on the rate at which technology is changing the working world, Kevin Kelly, founder and editor of Wired Magazine, said: ‘It may be hard to believe, but before the end of this century, 70 per cent of today’s occupations will […] be replaced by automation.” Putting this into context, he added: “Two hundred years ago, 70 per cent of American workers lived on a farm.” From this information, it’s easy to see just how much technological advancements have impacted the world we live in.
Technology is an unavoidable aspect of modern life, and has caused a momentous shift in the way in which the world works. It is sometimes hard to believe that modern life staples, such as computers, the internet, smartphones and tablet devices, were considered revolutionary not very long ago. Now, new advancements are made almost every week, and the speed at which our digital world evolves is likely to only get faster.
A competitive advantage
Keeping up-to-date with the latest digital innovations can give companies a competitive edge. It can help organizations meet deadlines, produce better products and services and communicate more effectively with customers and stakeholders from all over the world. If an organization doesn’t invest in cutting-edge technology, their clients are likely to turn to one that does. Seeking better and more advanced technology is the easiest and most effective way in which companies can remain competitive, improve their overall offering and ensure substantial growth. While firms should aim to make the most of existing resources, it’s important to keep abreast of the latest advancements and make regular updates in a methodical way. Maintaining an awareness of new developments is an ongoing task that can reap numerous rewards. However, this is often overlooked by companies with limited resources due to the fact that this process can be time-consuming and costly. For example, if an organization invests in new technologies, employees will need to be trained in how to effectively implement them, and, because of the speed at which progress is made, the need for training will remain constant. Although obtaining new applications and training your staff may cost time and money, the rewards greatly outweigh the drawbacks as revenue should increase in the long run.
Sophisticated advancements in technology, such as Voice-over-Internet Protocol (VoIP) calls, wireless network operators, international shipping apps and online banking and payment systems, have made it easier than ever for businesses to trade on an international platform. As digital technology expands, our world becomes smaller and the need for worldwide communication grows. Companies are now looking at ways in which they can reach out to their global audiences, meaning that the importance of translation and interpreting services is rising all the time.
What we offer
Here at thebigword, we are consistently developing the latest software and processes to deliver a high quality translation service within your timescales. To keep in sync with the changing pace of the digital sector, we implement cutting-edge translation programmes, including our Translation Management System, Interpreting Management System and Learning Management System. Our technology helps our clients to stay on top of deadlines and communicate efficiently with their customers and clients around the globe.