Entrepreneurship and Economy

Failure to Utilize Modern Technologies Will Lead to Missed Opportunities

According to the Public Relations Office of the Khorasan Razavi Chamber of Commerce, Industries, Mines and Agriculture, quoted on Ali Shariati Moghadam’s official information portal, artificial intelligence (AI) enables people to experience and “touch” the future, emphasizing that “the past will not recur — the future must be built.”

Shariati Moghadam underlined that the private sector’s enthusiasm and determination to adopt modern technologies in industry demonstrate their proactive approach and synchronization with global trends. He added that AI can be applied across all areas of life and business, and that failure to leverage this potential would result in lost opportunities.

Proper categorization and organization of data, he said, foster order within institutions, while the accurate and methodical recording of information serves as a critical foundation for growth and decision‑making.

AI‑Based Industrial Simulation and Efficiency Gains

Shariati Moghadam pointed out that the digital simulation of factories alongside their real‑world counterparts—a service enabled by artificial intelligence—represents a major technological breakthrough. This tool allows business managers to analyze operations more precisely, improving performance and enhancing productivity across production units. He concluded that, overall, modern technologies act as key drivers for increased efficiency and sustainable industrial development.

Original Title: Failure to Utilize Modern Technologies Will Lead to Missed Opportunities

Source: Khorasan Razavi Chamber of Commerce, Industries, Mines and Agriculture

Publication Date: November 2, 2024 (12 Aban 1403)

Original Link:https://news.mccima.com/38477/

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