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Abstract
The world has witnessed the power of Technology since the last two decades. It has revolutionized the ways of doing any business. It is the technology through which the businesses could sustain in the volatility uncertainty complexity and ambiguity (VUCA) world. The businesses have to adopt high-end technology to stay competitive and innovative by creating a sense of difference and providing value added services from time to time. The emerging technologies have proved their contribution through optimum utilization of resources, automation, outsourcing, quality control, integration, saving time, money and labour for various stakeholders of the organization. The various International organizations such as IBM, Harvard Business Review, Gartner, KPMG and others have indicated that the year 2022 will be dominated by emerging technologies such as Artificial intelligence, Internet of Things (IoT), 5G Technology, Quantum computing, Social commerce etc. The present study identifies their role for business innovation in bridging the existing demand supply gap in the Indian market place in 2022. In addition, they are analyzed from sustainable development of people, planet and profits in the long term. The impact of these technologies can be studied from an organizational effectiveness perspective.