Now every day, the use of technology is becoming rapid and has been dispersing like a computer virus across the world within seconds. There is absolutely no point in criticizing this technological development because it reduces manual work by which it saves a lot of time. People in several fields have been using these computer systems inserted with special programs and applications to complete a work. In the similar way, a system which was released three decades earlier is driving massive organizations in achieving success. These systems are reported to be "Management Information Systems". There is no point in misunderstanding the difference in information systems and management information systems.
The prediction of technology serves as a foreseeing where technology is likely to be in the foreseeable future. Steps must be viewed when a assertion of a project is made. The options and resolution should be gritty at the establishment of the program succession in order to foresee the future and be aware of the technology's to apply. In addition because of the other alternative technology options, forecasting is necessary frequently for companies, if possible the forecast final result may be enumerated previous and changes can occur. These results can be assessed which will approximate the amount of the transformation needed. Another feature of technology forecasting is hesitation about the influences of technology nowadays, for example inflation. Inflation is a decrease in the power of money; it includes influenced technology both in bad and the good ways.