Technology integration Essay Example | Topics and Well Written Essays - 250 words

Technology integration - Essay Example AT&T is a telecommunication company that offers a wide variety of products and services to Americans. The following factors has made the company’s success in the integration of technology. AT&T Company is well known in contacting immense research at all times. This enables them to capture a broad range of customers which determines their profit at the end of the day. The company has an extremely qualified research team that embarks on constant research work and working close with the product designers, and they can come up with the latest products meeting the customer’s needs (Yee and Oh, 2013). The company is working on the internet of things and bringing new technological gadgets beefed up with 3 & 4G networks which make the users download products from websites in few seconds. These products are as a result of constant R&D, that the company has heavily invested. AT&T Company has the best innovative team that has ever been known in history. They constantly keep innovating so as to meet the rising needs and even goes to the extent of making products which make the life of the user even more comfortable. The company also achieves this through the issuance of patents which makes its team broader. From their official website, the company in the year 2014 issued at least one patent a day, and that has seen them have over 10000 patents issued in various parts of the world. In this case, the company will always have state-of-the-art technology at all times ensuring new and improved products to meet a broad range of customer needs (Iansiti, 1998). It is very true when a company becomes very aggressive in the above-discussed sectors of constant innovation and R&D, it will undoubtedly succeed. AT&T Company not only utilizes the two aspects, but also works out with mergers and acquisition that makes the company widen its

Total cost minimization Essay Example | Topics and Well Written Essays - 750 words

Total cost minimization - Essay Example These activities relate to different fields of engineering including Textile Engineering, Chemical Engineering, and Agricultural Engineering. One field of engineering that has been very dominating in all ages is the Civil Engineering. There have been unique ways and standards of construction throughout the history. Examples include carved caves to make space for living made by a nation who perished away many centuries ago, the Egyptian Pyramids whose construction reached its apogee â€Å"with the Great Pyramid of Khufu† (Freudenrich, 2012, p. 1), and Taj Mehal made by the Mughal Emperor Shahjehan, to Burj-Al-Arab that is the emblem of civilization and technological power of the present age. A detailed study of the engineering of the past and that of now suggests that man has always practiced the most complicated engineering methods to develop sophisticated and unique structures. The fundamental factor that has changed the most between the engineering of the past and the engine ering of the present age is the ways of construction. Manual work has been increasingly replaced by machines. As a result of this, more work can be achieved now and of higher quality in lesser time unlike the past, when it took several months or even years of uninterrupted labor and yet, the finishing would understandably be not very fine. With the advancement of technology, revolutionary changes have occurred in all fields of engineering and for the most part, the changes have been for the better. Changes in Automotive Engineering Since it is integrally linked with technology, there have occurred revolutionary changes in the automotive engineering over the centuries as a result of increase in the pace of development of technology. Presently, a lot of research is being conducted to improve the competitiveness in the automotive industry on the global scale. The academia-industry linkage is playing a special role in it. For example, presently, the focus of the researchers at Loughboro ugh University is to develop radical and innovative technologies of automation to provide the companies working in the automation industry with different kinds of business advantages. A potential example of this is the business driven automation (BDS) project. â€Å"In this fast-moving sector, the ability to change automated assembly and production systems quickly and efficiently, at minimal cost and risk across multiple global locations, is vital† (lboro.ac.uk, 2012). The contemporary automation systems are complicated in terms of service, integration, optimization, and reconfiguration. Benefits of Cost Minimization Cost minimization is frequently used in the process of product design and introduction into the market in order to bring the cost down and increase the profitability of business. As the name implies, this technique minimizes the costs. Cost minimization is extensively used in many fields in general and pharmacoeconomics in particular as a tool to compare differen t drugs that have equal tolerability and efficacy. In the study of cost-minimization, the individual needs to identify and compare all costs that are incurred in the process of therapeutic intervention so that the most cost-effective alternative can be selected from among the interventions of equal tolerability and efficacy. The concept of cost-minimization can be extended to the manufacturing industries that have