Challenges and issues faced by organization in using advanced technologies: An Empirical Study

Abstract

Organizations across industries are embracing sophisticated technologies more frequently to improve the operations, increase efficiency, and gain a competitive edge in today's quickly changing technology world. To fully profit from sophisticated technologies, however, organizations must negotiate a variety of problems and challenges that are brought on by the use. Costly acquisition and integration of cutting-edge technologies into current infrastructures is one of the main obstacles. Organizational budgets may be strained by the significant investments in hardware, software, and professional labor that these technologies frequently necessitate. Additionally, because of the speed at which technology is developing, businesses must consistently spend money on updates and upkeep to stay competitive. While sophisticated technologies provide organizations with enormous benefits, they also pose important problems that must be resolved. To overcome these obstacles, strategic planning, sufficient funding, efficient people management, strong cybersecurity defenses, and a considerate attitude to ethical issues are required. By proactively addressing these issues, businesses may use cutting-edge technology to spur creativity, productivity, and long-term success in the digital era.