Responsible use of technology is a developing concern for companies

According to one of the latest research studies from MIT, using technology responsibly is an important factor for companies. Using biddable data could become an important part of firms ensuring that the technology is being used properly.

MIT carried out its research in association with Thoughtworks, a publicly owned software house. The study was based on data collected from different corporations. Out of all the companies that participated in this poll, a large majority of them agreed that "in the future, responsible technology considerations will eventually come to equal business or financial considerations in importance when organizations make decisions about technology adoption and use", 30% strongly, while 43% somewhat agree with this statement.

To give a better insight into what companies had in mind while supporting the statement, the research shared an example of areas that are believed to receive benefits from this. These areas include improvised client dealing, presenting brands more appealingly, dealing with and preventing risks to businesses, and giving stability to the business.

Though numerous areas will receive health benefits from the technology, prioritizing them is not an easy thing to do. Currently, when it comes to moving forward with the use of technology in business methods, companies use it to maintain regulation, combine technology with the information technology department, set up goals and targets for the company, and ensure an improved customer care system.

However, the size of a business is also important. Businesses generating somewhere between five hundred million dollars to ten billion dollars will be looking to deal with return on investment as their top priority, followed by security for the whole setup, whereas large-scale businesses with revenues over ten billion dollars will be less concerned with these two areas.

Not just the size, but targets also matter. Companies providing financial services will be looking to ensure the efficient delivery of promised services, whereas those linked to the public sector are less likely to work on efficiency and more likely to focus on security and sustainability.

The whole survey was based on responses from over five hundred and fifty senior directors, belonging to nine different regions, including the US, UK, Germany, Australia, and others.

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by Arooj Ahmed via Digital Information World