Innovation and Technology in Management

Abstract

This research paper will give you information on information and technology in management. Time is the main asset for any management, and accuracy is the need of the time. The biggest business tycoons, like Reliance, Tata, and ADANI, have developed empires with good accuracy. The biggest example of innovation is MBA CHAIWALA’'s “Banks. First, it has improved the customer experience by providing convenient and accessible banking services through mobile devices and computers. Customers can now access their accounts, transfer funds, and pay bills from anywhere at any time. Second, digital technology has increased operational efficiency for financial institutions by enabling faster transaction processing and reducing the costs associated with physical branches. Third, digital technology has allowed banks to offer personalized services to customers through data analytics and machine learning algorithms. Last, digital technology has enhanced security measures and prevented fraud through biometric authentication and real-time monitoring.