Technology continually variations and this short article outlines the effects this has on the field.
Advancements in the internet and internet service have been frequent since it became widely accessible in the 80’s and 90’s. A wonderful example of innovation in technology was the creation of wireless connectivity. Wireless connections are much less difficult to use than the dial up connectivity that were needed in the 90’s. For internet suppliers to succeed they have needed to adapt to the introduction of wireless internet, and to do this they have had to provide matching if not better service than their competitors. The nature of this industry means that the provider with the best services will usually prosper and get the most consumers, there is very little actual items supplied, so services should be their primary focus. It is impressive how the BT owners have kept the business at the forefront of telecom supply and internet service, and most of that is down to innovating and adjusting to the shifting market place.
Nearly every field has cases of invention and this short article will show 3 instances of this. In the telecoms sector there have been countless enhancements since the first telephone was made. Potentially the greatest innovative idea that was made in telephones was the development of the mobile phone. By allowing users access a handheld phone, they instantly increase the amount of phones people, or households at least, possess and use. By increasing the amount of products offered, it of course increases revenues received. This example of innovation has enabled the likes of the Telecom Italia top shareholders, to maximise their returns because of the increases in sales. Industries in which there is plenty of room for development will receive the most funding, as innovation is one of the fastest steps to enhance market value. This is part of the reason why the technology sector has grown so quickly and so widely.
The progress in things like wireless tech have also allowed the progress of computer tech. Without the invention of wireless internet, the function of laptops would be very restricted. As there has been such great innovation in this field however, it suggests other companies can feed off that and further innovate themselves. Laptops have ended up being considerably more popular for personal use, and this has been viable as a result of the inventions in the communications sector. It is also true however that; had laptops or phones not been created, then less people would need Wi-Fi, so the need for innovation in separate, yet complimentary sectors, is clear. Without the progress made by computer and telephone businesses, then there may not have been the breakthrough of many network providers. Virgin Media shareholders, for example, have profited from the wide usage of laptops and mobiles in both houses and companies.