Role of Disruptive Technology in Efficiency of 21st Century Organisation

Main Article Content

Vineet Prabha, Roohi Naaz

Abstract

Disruptive technology is playing a bigger and bigger part in how effectively 21st-century enterprises operate in India. The country is undergoing a digital revolution as a result of the rapid use of new technologies including artificial intelligence (AI), cloud computing, and the Internet of Things (IoT). Traditional industries including banking, healthcare, and agriculture are being significantly transformed by disruptive technologies. With the government's goal for a cashless economy and the launch of UPI, digital payments have become widely used in India (Unified Payments Interface). For both enterprises and people, this has increased the efficiency and convenience of financial transactions. Telemedicine has become a revolutionary technology in the healthcare industry, enabling doctors to conduct distant consultations and enhancing access to healthcare for people living in rural locations. In a similar vein, precision agriculture has increased crop yields and decreased waste thanks to IoT sensors and data analytics. Organizations that use these technologies are expected to gain a competitive advantage, boost operational effectiveness, and provide better customer service as India continues to embrace disruptive technology.

Article Details

How to Cite
Vineet Prabha, Roohi Naaz. (2023). Role of Disruptive Technology in Efficiency of 21st Century Organisation. European Economic Letters (EEL), 13(2), 1–5. https://doi.org/10.52783/eel.v13i2.182
Section
Articles