Information Technology in Business Essay Example.
Technology has greatly altered the structure and operation of all industries. For the management of any existing business the central question is not whether technology will be relevant to your business, but rather what will we need to do to profit from that change. Information Technology in Business Essay Example. Technology is evolving many aspects of business and it creates many new business opportunities. During the last ten years information technology has experienced unprecedented levels of change, this technology is not only influencing the way in which we conduct business, it is changing the way in which we conduct our lives. We are a business-centered society.
Companies make large investments in Information Technology to enable then to manage the large amounts of data and make it available to the people who need it. Information Technology may be considered as comprising of five basic components – computers, communications technology, work stations, robotics, and Computer chips. Information Technology in Business Essay Example.3 Although Information Technology describes a large range of systems there are still some underlining common features. An information system in the business world incorporates a group of people, equipment and procedures. It is there to collect, record, process, store and retrieve and present information that can be viable for the success of a business. There are a number of ways Information Technology can improve a company’s performance. Increased efficiency: if programmed correctly, computers can monitor the data collection processes very efficiency, while also checking for human errors and providing help and guidance to the user. Most large-scale organizations are using computer-assisted interviewing as standard in many of their surveys simply because of the remarkable achievement good data collection programs. Modern computers are fast. They are able to complete tasks 100’s of times faster than we would be able to. The average PC can already perform most multimedia functions such as reproducing photographic pictures as sharp as any film. Information Technology in Business Essay Example.