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Evaluate technology used in digital transactions

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Reference no: EM133126703

Competency

Analyze the use of technology to increase cognitive intelligence and knowledge in business.

Evaluate the role smart technologies plays in increasing competitive advantages.

Analyze technologies that enhance the human experience.

Evaluate technology used in digital transactions.

Analyze sustainable and renewable resources and their roles in business.

Critique the implications of using technology and emerging trends for business.

Scenario

The regional hospital board is dedicated to exploring emerging technology trends in order to remain competitive. You are the Vice President of Innovation for the hospital. You have been asked by the hospital board to evaluate emerging trends in technology for use in the hospital. The technologies to be evaluated are artificial intelligence, smart technology, virtual reality, blockchain technology/cryptocurrency, and sustainable and renewable resources. You must remember that the hospital deal with patients so legal and ethical implications and privacy and security concerns must be addressed. The hospital board is looking for these technologies to provide competitive advantage to support the investment by the hospital.

The hospital board asks that you prepare a report sharing with them the technologies, addressing their concerns, and supporting the investment. Be sure to support your recommendations credible resources. Using the assigned readings in the modules would be a good place to start.

Reference no: EM133126703

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