Skip to content
Search

Latest Stories

DAM – Streamlining Technological Advancement

DAM – Streamlining Technological Advancement

Without technology advancement, companies would be so far behind that it would be impossible to keep up. Fortunately, the vast majority of companies are on board the technology train. In fact, there is probably not one viable business in operation today that does not utilize some type of technology. Whether it be management inventory software or a computer system, it is technology nonetheless. If you want your business to be prosperous, technology is the only option. With this said, some experts are beginning to believe the available technologies are lacking one way or another. If this theory is proven to be true, technological advancement is the solution. What is technological advancement? How can this process be streamlined in the modern world where technology is the difference between survival and failure for all businesses?

Picture1 1 https://unsplash.com/photos/EMPZ7yRZoGw


Accelerating Production Of New Technology

One issue developers face when trying to get their technology ideas off the ground is unnecessary delay. In the beginning, a short delay may seem necessary. But, once the process is pushed forward, you may be left scratching your head. Why is it necessary to continuously stop and start technology development? In most cases, short production delays are contributed to funding. It can also be linked to inefficiency, resulting in a poor workflow. Whatever the case may be, it may be possible to accelerate the production of new technological devices with the help of DAM.

DAM puts the much-needed tools in the hands of developers to push their technology development ideas to the next level without unnecessary delays. DAM tools help technology developers minimize time spent on manual processes, resulting in speedier production.

Minimizing Production Expenses

Digital Asset Management (DAM) has also been shown to minimize overall production costs for technology devices. How is the cases? First and foremost, DAM allows developers to manage their digital assets utilized in technology development easier. As a developer, you know the importance of digital assets, which hold the key to your unique development process step by step.

Somedevelopers have reported hundreds of thousands of dollars to develop a single technological device. If these were validated, such extravagant expenses may be why new technology development has been put on the back burner. This is very unfortunate for business owners looking for new ways to gain an edge over their competitors.

Minimizing new technology development will definitely prove to be valuable for developers, consumers, and companies. It could result in a higher volume of technological devices development annually.

Afterword

DAM has also been shown to give purpose to digital assets believed to be useless. Throughout the development process, technology takes on a different appearance with each new addition. With each new transformation, the technology is moving toward completion. As previously mentioned, technology development is expensive. What if it would be possible to take advantage of materials originally thought to be useless? If this were even remotely possible, developers could minimize their overall expenses by reducing manufacturing workflow redundancies. This would not only be valuable for technology developers but also toys, footwear, automobile, furniture, and appliance manufacturing.

More For You

Nirmala-Sitharaman-Getty

India's finance minister Nirmala Sitharaman will deliver the budget speech on Saturday. (Photo: Getty Images)

What to expect from India's budget

INDIAN prime minister Narendra Modi's government will present the annual budget on 1 February, with a focus on economic growth, job creation, and trade policies amid global uncertainties.

Finance minister Nirmala Sitharaman will deliver the budget speech.

Keep ReadingShow less
Ambanis-Getty

Billionaire businessman Mukesh Ambani with his wife and founder chairperson of the Reliance Foundation Nita Ambani during the wedding reception ceremony of actor Amir Khan's daughter, Ira Khan on January 13, 2024. (Photo: Getty Images)

Ambanis set to acquire minority stake in Hundred’s Oval Invincibles

THE OWNERS of the Indian Premier League (IPL) team Mumbai Indians have reportedly secured a deal to acquire a 49 per cent stake in Oval Invincibles, a franchise in England’s Hundred competition.

Reports on Thursday stated that Reliance Industries Limited (RIL), which owns Mumbai Indians, emerged as the successful bidder.

Keep ReadingShow less
Lupa Foods CEO hails royal warrant as a mark of trust

Manish Mandavia

Lupa Foods CEO hails royal warrant as a mark of trust

THE Asian CEO of a UK-based food company with a royal warrant described the accolade as a “great sign of confidence” in its values.

Lupa Foods first received the royal warrant from Queen Elizabeth in 2001.

Keep ReadingShow less
Labour announces pension reforms to rewire economy

Sir Keir Starmer and chancellor Rachel Reeves meet business leaders in central London on Tuesday (28)

Labour announces pension reforms to rewire economy

PRIME MINISTER Sir Keir Starmer and chancellor Rachel Reeves met business leaders on Tuesday (28) to announce pension sector reforms that they hope will boost economic growth and investment.

Starmer and Reeves held the meeting in London’s finance centre with leading chief executives including Lloyds Banking Group’s Charlie Nunn, BT’s Allison Kirkby, Tesco’s Ken Murphy and BAE Systems’ Charles Woodburn, the government said.

Keep ReadingShow less
Rachel-Reeves-Getty

'I can confirm today that this government supports a third runway at Heathrow and is inviting proposals to be brought forward by the summer,' Reeves said in a speech. (Photo: Getty Images)

Government backs Heathrow’s third runway for economic growth

THE GOVERNMENT has announced its support for a third runway at Heathrow Airport, with chancellor Rachel Reeves stating that the expansion would drive economic growth while aligning with climate commitments.

"I can confirm today that this government supports a third runway at Heathrow and is inviting proposals to be brought forward by the summer," Reeves said in a speech, adding that the project "would unlock growth."

Keep ReadingShow less