Discuss how the below mentioned technology trends have the ability to transform the business processes. Also elaborate on the managerial considerations needed for the implementation of such systems.

Farms and factories face automation

By 2025, customers will be the first humans to touch more than 20% of the products and produce in the world. Currently, a lot of people touch products and produce before they reach their ultimate destination, but automated factories and farms will soon do most of the work, including farming, picking, packing and shipping. New technologies are automating most processes, and that ability to automate will change how businesses operate and how they think about their business models. Again, COVID-19 has acted as an accelerator, driving the industry to find new and improved ways of getting food and products to consumers. Additionally, as the technology continues to evolve, offering better automated factories maybe ones that dont squash the grapes will one day act as a competitive advantage.

Digital twin of the earth

Traditionally, digital twins exist in a very specific, discrete context. But, if we can see it, we can duplicate it, said Plummer. A digital twin of the earth would afford a holistic view of how our climate is changing around the globe, how pollution is traveling from place to place, and even how ships are tracked from port to port. This changes how humans think about mapping, tracking, physical operations and emergency services. For example, a digital twin of the earth would be able to alert authorities to the smallest brush fire before it burns out of control. The earth becomes a monitoring ground for low-earth-orbit satellites to help create simulations of everything from beach soil erosion to animal migrations to human behavioral tracking.