Automation, AI, Augmented Reality, Virtual Reality, and Mixed Reality

Introduction

Historically, organizations have investigated ways to increase their efficiency and effectiveness in various aspects of their operations. As a result, managers have emphasized using diverse technologies, such as automation, AI, augmented reality, virtual reality, and mixed reality, to meet organizational and economic goals (Westerman, Bonnet, & McAfee, 2014). The key objective has been to design systems that assist employees in effectively completing their organizational tasks. Utilizing cutting-edge technologies could be quite advantageous for businesses. However, decision-makers and policymakers in organizations should be aware of the technologies that can be individually or collectively beneficial to their operations. Depending on business goals and investment strategies, they may utilize automation, augmented reality, virtual reality, mixed reality, and artificial intelligence. Although businesses can profit from such technologies, decision-makers and policymakers should be aware of the advantages of adopting them and their possible drawbacks, organizational peculiarities, and future changes.

Literature Review

Experts in information technology have developed numerous technologies that businesses can utilize to increase their efficiency and effectiveness. Depending on the business’s kind, size, and needs, they decide whether to employ each technique separately or to combine two or more. Researchers have investigated numerous facets of these technologies, including their installation, use, and business benefits, such as increased effectiveness, efficiency, and productivity (Hitomi, 2017). Automations, augmented reality, virtual reality, mixed reality, and artificial intelligence are among the accessible technologies.

Automation

Increasingly, organizations use technology to monitor and regulate their operations and tasks. They accomplish the goal by utilizing creative technology applications and equipment, such as software, ladder, and logic controllers.
They utilize centralized computers in addition to Robotics and ERP systems (Nimawat & Shrivastava, 2016). Using these mechanisms to improve the organization’s efficiency is at the core of automation. The process involves the application of information technologies and control systems to decrease the need for human intervention in organizational functions. Automation improves the production of goods and services, reduces the cost of materials and production, and increases profitability through higher production speed and capacity…