what is the technology-based approach?

The Technology-Based Approach is a term used to describe the use of technology in order to implement solutions to business problems and challenges. This approach involves using technology to automate processes, increase efficiency, reduce costs, and improve customer service. This can be done through a variety of means, such as using advanced analytics, artificial intelligence (AI), robots and automation, software-as-a-service (SaaS), virtual reality, and voice search technologies. The technology-based approach has its own components, one of them being the ability for technology to be used strategically, to ensure users have access to the information and insights they need, when they need them, no matter the location of their device. Additionally, it is also important for companies to focus on security measures when embracing technology so that they can protect customer data.