How does technology contribute to the transformation of traditional industries? 🔊
Technology contributes to the transformation of traditional industries through digitization and automation, leading to increased efficiency and innovation. For instance, manufacturing has seen the rise of smart factories utilizing robotics and IoT for streamlined operations. Additionally, sectors such as healthcare leverage technology for telemedicine, improving access and patient outcomes. Overall, technology fosters new business models, enhances customer experiences, and drives competitive advantage in previously established sectors.
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