Technology 1 is Mobile Commerce

Technology 2 is Big Data and Knowledge Management Systems

 

Technology 1: Explain how well this technology meets the technology requirements of your business. Be sure to address which technology requirements the technology meets, and where there are gaps.

 

Technology Two: Explain how well this technology meets the technology requirements of your business. Be sure to address which technology requirements the technology meets, and where there are gaps.

M-commerce (mobile commerce) is the buying and selling of goods and services through wireless handheld devices such as smart-phones and tablets. As a form of e-commerce, m-commerce enables users to access online shopping platforms without needing to use a desktop computer (Swilley, 2015). It helps connect interested customers to mobile use of technology without the need for internet connection. M-commerce can be applied in different contexts and to bridge different gaps as mentions. For instance in financial services, which includes mobile banking (when customers use their handheld devices to access their accounts and pay their bills) as well as brokerage services, in which stock quotes can be displayed and trading conducted from the same handheld device (Swilley, 2015).

Big data and Knowledge management plays a significant role in organizations; supporting organizations to deal effectively with changes, increasing their productivity and paving the way to development and innovation (Ekambaram, Sørensen, Bull-Berg, & Olsson, 2018). In a company that is looking to increase its productivity, big data and knowledge management systems help in the analysis of the available opportunities based on past and current data evidences to ensure that the plans and decisions are sufficiently informed and supported by the relevant supports within the organizations.