The Broader Impact Of DSP (Digital signal processing) In A Global Research Paper

The Broader Impact Of DSP (Digital signal processing) In A Global Economi And Social Context - Research Paper Example Each of these areas has involved substantial involvement of the digital signal processing technology with its own unique algorithms, mathematics and specialized techniques. As a result, digital signal processing has significant impact on the social, economic and in global lives in our society today. Digital signal processing convert analogue signals to digital signal. By doing this, there is extraction of signals, which later get modifications to meaningful and relevant information through the digital signal. In the pioneer ages digital signal processing was only in computers and by the application of technology limited in some key areas, for instance radar and sonar where national security appeared to be at risk. This is because of the international threats that were happening because of international tension. Another area is oil expiration and in this area, there are large amounts of revenue for example mad, oil sector industry is a very profitable industry that is capable of raisi ng the economic level of a nation. Space exploration is another sector that digital signal processing adopted because of the importance of data received. The collected data are of an irreplaceable nature. The final area of involvement in digital signal processing was medical imaging, where it could play a vital role in the treatment and saving of lives. Impact in an economic context Digital signal processing has had great impact in our lives especially economically. The recent technological advances have commanded entrepreneurs and investors to spend a lot of money in technology. Innovations in technology have led to many firms competing with each other to develop the most sophisticated technological devices that outsmart its competitors and gain the largest market share in the industry. Advances in computing, data storage and data transmit ion have enabled firms to reduce costs, create new market, expand existing market and create employment in the nation (44). Maintaining the inte grity of the specifications Companies and organizations have moved quickly to grab these newly found opportunities and as a result, firms are spending billions on their enterprise system. Firms are developing sophisticated software and hardware packages that integrate ordering, procurement, inventory, finance and human resources in their companies. Consumers get a wide range of goods and services for communication entertainment, shopping, education and other activities that relate to the firm and firms on the other hand get the opportunity to widen their consumer targets. With the embracing of technology, firms are able to reduce cost, maximize their profits and increase shareholders wealth. Consumers also benefit from these technological advancements where by prices of commodities are reduced due to the decrease of costs. This is also by being able to access wide ranges of products that are available (32). Telecommunication has also been a beneficiary of these technological advance s. Drastic improvements in computing power, accompanied by healthy competition in the industry have led to dramatic reduction rates among the consumers in communication. The telecommunication industry has been able to expand massively to tap the new opportunities; these firms now enjoy substantial customers in their networks. The introductions of wireless and broadband services have made communication much easier and faster (22). This