Democratization of technology means providing people with easy access to technical or business expertise without extensive (and costly) training. It focuses on four key areas — application development, data and analytics, design and knowledge — and is often referred to as citizen access,” which has led to the rise of citizen data scientists, citizen programmers and more. Alumni are all holders of a Central University of Technology, Free State certificate, diploma or degree. Alumni are a generic name for past students of the CUT.
49. Use Technology to Support Decision making: Since technology makes the transfer of information fast and it also simplifies communication, employees and business managers will always find it easier when they want to make quick decision. To make decisions, employees will need approved facts about a subject or any customer in question. For example, if an accountant wants to know how much money customer X owes the company, they will have to retrieve data from a centralized data base with in that organization on that specific customer, this data will show spending and purchasing patterns of customer X, if this data was stored using an accounting software, the system will clearly show appropriate figures. This will save the accountant and customer X time and it will also help the accountant make a quick decision basing on facts.
The notion of appropriate technology was developed in the 20th century by thinkers such as E.F. Schumacher and Jacques Ellul to describe situations where it was not desirable to use very new technologies or those that required access to some centralized infrastructure or parts or skills imported from elsewhere. The ecovillage movement emerged in part due to this concern. RIT is the third largest producer of undergraduate STEM (science, technology, engineering, and math) degrees among all private universities in the nation.
The trends are structured around the idea of people-centric smart spaces,” which means considering how these technologies will affect people (i.e., customers, employees) and the places that they live in (i.e., home, office, car). Evolving technologies such as hyperautomation and autonomous things offer transformational opportunities in the business world. However, they also create security vulnerabilities in new potential points of attack. Security teams must address these challenges and be aware of how AI will impact the security space.