It gives us immense pleasure to introduce the first edition book on "Emerging Exponential Technologies – A Management Perspective". The term Emerging technologies are the technologies that are currently developing, or that are expected to be available within the next five to ten years, responsible in creating, or are expected to create, significant social or economic effects. Harnessing the power of emerging technology can allow us to drive economic growth and gain valuable insight into how to make our world a safer, healthier, and more efficient place. Emerging technologies are characterized by: (i) radical novelty, (ii) relatively fast growth, (iii) coherence, (iv) prominent impact, and (v) uncertainty and ambiguity. Emerging technologies include a variety of technologies such as educational technology, information technology, nanotechnology, biotechnology, cognitive science, robotics, and artificial intelligence to name a few.
It is imperative that such technologies be known to the Management students across the globe. Engineers innovate and produce a product or service, and good managers know how and where to apply the technology. It is a wonderful and proactive step taken by the Visvesvaraya Technological University, Belagavi, Karnartaka and the Board of Studies of MBA to have introduced this subject for the MBA course from 2020.
We have extensively researched and presented this book to suit the management students. The whole content is focused on day-to-day applications of technology that the learner can easily verify. We have included a practical component that will help teachers and students deep dive into the learning. The aim is not to write how technology is made or coding is done but how the emerging technology concepts are applied in various sectors. There could be a little repetition here and there due to the context of the subject since there is a blurring line of difference between some technologies and their application.
1. Introduction to Emerging Exponential Technologies
2. Industrial Revolution 4.0
3. Data Science
4. Artificial Intelligence (AI)
5. Internet of Things (IoT)
6. Augmented Reality, Virtual Reality and Mixed Realty
7. Ethics and Professionalism of Emerging Technologies