Information Technology Trends on Foreign Trade

Software technologies that have increased in the world in recent years have primarily caused the evolution of automation in artificial intelligence and industrial areas. America and European countries lead the world in investment and infrastructure in these areas. In this regard, software and technology development processes consist of trained workforce and migrant workforce.

Most of the top executives in the world now consist of educated population emigrated from eastern countries. Most of the high-tech companies such as Microsoft, Pepsi, MasterCard, Adobe and Harmon are managed by Indian CEOs. From Turkey in 2017 113 thousand 326 people emigrated. The number of those traveling abroad has increased by 63% in just one year. Turkey, who left two of every five people in the 20-34 age range. The proportion of women among those who went has increased from 37% to 42%. And again, the data show that the majority of those who go are educated and urban.

While developments and changes in the field of Industry and Technology primarily affect the development of technology developing companies, they now affect other sectors. The main subject of this article is to synthesize these developments with foreign trade rather than these developing technologies. Non-developer countries may be able to challenge developers based on their success in synthesis. Traditional foreign trade culture in our country has not been focused on producing Asian products going to Europe due to being a control center for thousands of years, and has specialized in inspection processes.

The main subject of this article is to synthesize these developments with foreign trade rather than these developing technologies. Non-developer countries may be able to challenge developers based on their success in synthesis. Traditional foreign trade culture in our country has not been focused on producing Asian products going to Europe due to being a control center for thousands of years, and has specialized in inspection processes.

In the institution, where we provide many consultancy services in our foreign trade, we have seen that traditional custom export and import departments are functioning as bid evaluation centers rather than using the tools of the era that will create a strategic perspective. Therefore, foreign trade sales continue to be sold by word of mouth, based on the firm’s previous references. Sales are still important due to the warm relationship, just as E-Commerce systems continue to take the place of shops quickly, they will have to sit at the center of institutions in IT-centered communication and strategic sales.

The rapid change in the world trade and political balances, creating models that will follow this rapid change, commercial intelligence and fast-flexible decision-making centers, creating an effective management and communication center is the key point for companies to survive under the conditions imposed by international competition. In an environment where European and Chinese products dominate the world, countries like us will compensate for the handicaps we experience in terms of technological and production costs, ensuring rapid returns by establishing Communication – Decision Centers. Providing fast and clean communication will prevent the price and quality advantage.

So how should synthesis be done at this point?

Being able to make and implement quick decisions will be realized by integrating foreign trade intelligence with modern IT tools. Integrating computer programs used in the technology and finance sector for many years into foreign trade is the key point of this synthesis. Data management and mining, business intelligence systems etc. Connecting to the databases where foreign trade intelligence is gathered and making them meaningful and visualized results will enable us to avoid many Asian and European companies with our logistic advantage as much as we are behind in production.

Trade wars will create many opportunities for the chaotic environment created by political uncertainties. Seeing these opportunities in advance, acting early will help get rid of the stagnation environment created by the domestic market, as well as being a global player. For this reason, making foreign trade data quickly traceable and readable and integrating it into traditional foreign trade is the only way to survive in the world trade, which is pregnant with major crises in the coming days.