What Challenges Do Businesses Face in Technology Management?
Despite its benefits, technology management poses several challenges:
Rapid Technological Changes: Keeping up with the fast pace of technological advancements can be overwhelming. Cost Management: Balancing the costs of new technology implementation with the expected benefits. Data Security: Ensuring robust security measures to protect against cyber threats. Integration Issues: Integrating new technologies with existing systems can be complex and time-consuming. Resistance to Change: Overcoming employee resistance to adopting new technologies.