Reducing Costs and/or Increasing Dependability Through the Application of Technology
Top Priority Measure
Businesses, big or small, will not only aim at maximum profit but also at reducing costs at the highest possible levels. They logically want to use processes that will make them spend less immediately or eventually and at less effort (Gregory, 2015). The first step taken by most businesses today is the use of technology. Experience proves that businesses save on costs and improve business operations in ways unknown in the past. Technology enables them to conduct conferences, sales, payments and other functions through information technology. By using many and increasing software applications, businesses not only reduce operational and supply costs but also raise their level of dependability (Gregory).
It Pays and Saves to go Wireless
Some applications of wireless technology were developed and introduced over three decades ago (NI, 2015). Walmart was among the first t take advantage of them. The wireless scanner, bar-code reader, and the RFID tags were introduced. Consumers wanted to do away with wires of the desktop, which motivated PC vendors to come up with an entirely new set of applications. At present, the third group of wireless technology consisted of distributed devices like cellular phones and measurement systems, which are convenient to those who move around. These applications reduce costs of installation and system, simplify deployments, and, most importantly,...
Remote monitoring, structural health monitoring, and asset protection can gain reduced cost benefits if software investments are equal; if costs exclude line, solar or battery power; or if implementations of the business' networking infrastructure cost the same, whether wired or wireless (NI).
Of High Value to the Health Industry
New technology is specifically beneficial to the health industry. Health information technology or health IT can raise the efficiency level of the health sector by helping providers work on information more effectively (CBO, 2015). The result is an improvement in the quality of health care and, eventually, the health of patients itself. Health IT consists of computer applications in medical practice. They include computerized entry systems for ordering tests or prescribing medicines and medications by physicians; support systems needed in rendering clinical decisions; and preparing electronic medical prescriptions. The most important and primary health IT package secured by a provider is the electronic health record or EHR. If used efficiently, it enables providers to extend better health care. Electronic health records make medical transcriptions unnecessary while allowing the physician to enter notes or…
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