Technology plays a crucial role in enabling more efficient resource allocation across various sectors. By leveraging data analytics, companies can forecast demand, optimize inventory levels, and streamline supply chain processes. Advanced technologies such as IoT devices provide real-time data on resource usage, allowing organizations to make informed decisions that reduce waste and improve efficiency. In public services, technology aids in smart city initiatives where data-driven insights can optimize energy consumption, transportation, and public safety. Overall, technology enhances operational effectiveness, ensuring resources are used wisely and sustainably.