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These devices are embedded with sensors to collect data and act upon it, facilitating automation. IoT technology relies on communication protocols like Wi-Fi, Bluetooth, Zigbee, and cellular networks. Hospitality technology integrates systems like reservation platforms, mobile check-in/check-out, room management systems, and customer service automation to enhance guest experiences and streamline operations. Technologies like NFC (Near Field Communication) and IoT are commonly used. Space technology covers everything from satellite design to spacecraft propulsion.

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• The report highlights examples of organizations around the world already leveraging this new paradigm to create business value.
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It includes e-learning platforms, online courses, interactive textbooks, and educational apps. Technology refers to the development and production of any kind of equipment, tools, and materials that aim to make human life easier, utilizing knowledge derived from scientific studies. Although today we often think of technology as smartphones, electric vehicles, and space vehicles, nearly everything that has been used in daily life for centuries is a product of technology. Healthcare has seen substantial improvements over the years due to medical technology, the application of scientific knowledge has led to the building of several tools and machines that aid in healthcare. Technology can be most broadly defined as the entities, both material and immaterial, created by the application of mental and physical effort in order to achieve some value.

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