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How Globalization Changes the Adoption of Digital Technology

Did you know that it took almost a century after their invention for landlines to be adopted in households in the United States? Moreover, this was after putting in a lot of work in building the necessary infrastructure. If you were born in the age of the Internet, this can be very hard to comprehend. 

Today, the rate at which users are adopting digital technology has greatly increased. We are seeing inventions made today from one corner of the globe reaching users worldwide in no time. This is possible because the world is increasingly connected and infrastructure systems are highly established. 

Here, we look at how globalization is facilitating the accelerated rate of digital technology adoption among users.

Source: blog.benchkart.com

What is Globalization?

The term globalization refers to the increasing interdependence of economies, populations, and cultures across the world. Simply put, it is an open flow of information, ideas, jobs, technology, and goods among consumers and countries around the world.

Technology advancement is among the key factors that are fueling globalization with reduced costs of communication and transport. The world is slowly becoming one global village, as people around the world are no longer limited by time and location. Moreover, the world is experiencing numerous benefits of globalization such as reduced costs of products,  easy access to new markets, and more opportunity for worldwide growth. 

Globalization is also contributing to increased standards of living across the world and businesses can enjoy a global talent pool, if a while ago it was deemed impossible to work from a remote location, nowadays that is becoming the norm. This in turn is making it possible for people to explore different careers beyond their homeland, and for businesses to discover the international talent that brings diversity and uniqueness to their teams.

Source: pros-cons.net

What is Digital Technology Adoption?

Digital technology adoption is where users reach full capability to utilize electronic devices, resources, tools, and systems to their full potential or capacity. This means going beyond the basics to make use of advanced features to unlock new processes and capabilities. For instance, a tablet user who uses it only for browsing the Internet is yet to achieve digital technology adoption. Only when he or she is equipped to use it in other ways such as playing games, taking pictures, doing online shopping, making video calls, and performing all electronic processes that the tablet is capable of, will digital technology adoption be achievable.

Likewise, if a business utilizes software for a number of processes or departments, the full potential of the software hasn’t been realized. However, the company can achieve digital technology adoption if it has gained the capability to leverage the digital tools to their full potential across the entire organization. For instance, using online video interpretation tools is a simple yet powerful way for businesses to tap into new markets around the world. 

Whether conducting sales calls or holding meetings, these video platforms make communication quick and easy, even when language barriers may exist. In addition, these tools help to reduce costs related to travel, translation services, and international phone calls.

Source: digital-adoption.com

Why is Digital Technology Adoption Important?

When digital technology is achieved, users of these digital tools and devices gain the power to transform their lives and businesses. Businesses can be able to streamline processes to save time and costs. They can also use digital technology to enhance customer experiences and gain a competitive edge. 

Digital technology adoption can help individual users make the most of their digital devices and tools. They can enjoy revolutionized entertainment, shopping, banking, learning, travel, and job-hunting experiences. In addition, they can take their connectedness to the next level.

Digital Technology Adoption Rate is Rising

Gone are the days when new technologies took years to reach consumers, like in the case of landlines described above. 

Technologies such as smartphones managed to gain a high rate of adoption in just a few years. Most users mastered social media as soon as it was invented. It is clear that new digital technologies are being adopted at a faster rate than they were in the past. Moreover, there is no sign of slowing down in the near future.

Source: reddit.com

How Globalization Helped?

Globalization has played a critical role in accelerating the rate at which users are adopting the use of digital technology. The increased connectedness across the globe has brought many benefits about:

  • Increased transfer of knowledge –Knowledge of new technologies is now readily available. Digital technology users can access this knowledge much more easily and apply it by utilizing digital tools.
  • Enhanced international competition – We are living in a highly competitive world where almost everyone is doing their best to outdo the other. People are competing on who owns the latest technology as well as who knows how to utilize it better. Moreover, this is happening in the full glare of the Internet for all to see. As a result, most people aren’t afraid of new technologies and are eager to learn and use them to their full potential.
  • and more.
Source: economicshelp.org

Conclusion

If new technologies are to be used to their full capacity, then digital technology adoption is essential for users. Thankfully, the world is more connected than ever before. 

As a result, the flow of knowledge is enhanced, making it readily available and easily accessible for users. This means that the digital technology adoption rate is increasing as globalization continues to take shape.