Emerging Trends in ICCT As Universal Technology for Survival, Sustainability, Differentiation, Monopoly and Development

Proceedings of National Conference on Advances in Information Technology, Management, Social Sciences and Education, (2018), pp. 130-141. ISBN No.: 978-81-938040-8-7.

11 Pages Posted: 14 Jun 2019

See all articles by P. S. Aithal

P. S. Aithal

Srinivas Institute of Management Studies

Date Written: December 22, 2018

Abstract

Information Communication and Computation Technology (ICCT) and Nanotechnology (NT) are recently identified Universal technologies of the 21st century and are expected to substantially contribute to the development of the society by solving the basic needs, advanced wants, and dreamy desires of human beings. In this paper, the possibilities of using ICCT and its underlying ten most important emerging technologies like Artificial intelligence, Big data & business analytics, Cloud computing, Digital marketing, 3D printing, Internet of Things, Online ubiquitous education, Optical computing, Storage technology, and Virtual & Augmented Reality are explored. The emerging trends of applications of the above underlying technologies of ICCT in the primary, secondary, tertiary and quaternary industry sectors of the society are discussed, analysed, and predicted using a newly developed predictive analysis model. The advantages, benefits, constraints, and disadvantages of such technologies to fulfill the desires of human beings to lead luxurious and comfort lifestyle from various stakeholders point of views are identified and discussed. The paper also focuses on the potential applications of ICCT as a strategic tool for survival, sustainability, differentiation, and development of various business models. Finally, the various breakthroughs expected in the above underlying technologies along with their timeframe are predicted and discussed.

Keywords: ICCT, Universal technology, Emerging trends, Information science & technology, ABCD analysis, Industry sectors, ICCT as strategic tool

Suggested Citation

Aithal, P. S., Emerging Trends in ICCT As Universal Technology for Survival, Sustainability, Differentiation, Monopoly and Development (December 22, 2018). Proceedings of National Conference on Advances in Information Technology, Management, Social Sciences and Education, (2018), pp. 130-141. ISBN No.: 978-81-938040-8-7. . Available at SSRN: https://ssrn.com/abstract=3398777

P. S. Aithal (Contact Author)

Srinivas Institute of Management Studies ( email )

Srinivas Campus
Pandeshwar
Mangalore, Mangalore 575001
India
9343348392 (Phone)

HOME PAGE: http://www.srinivasuniversity.ac.in

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