What is Information Technology used for in Business
IT or Information technology is the technology that aids in the production, manipulation, storing, communication, and/or dissemination of information.
So, what is information technology used for in business?
The technological change in a business refers to the production techniques and equipment changes. Like, it could be the change in machinery being used or the computers being used to design and make products.
Recently, the use of internet and computers as well as information technology to improve greatly the competitiveness and efficiency of businesses has resulted to technological change. Since the technology is rapidly developing, there are lots of important implications of this in businesses. Technological changes in production, office, and service provisions can affect the business.
The change in technology for the improvement of products and services productions is due to computer aided manufacturing or CAM, computer integrated manufacturing or CIM and computer aided design or CAD. These three can increase greatly the speed of products’ production, improve the general quality of the products, as well as lessen the cost of production per unit product.
The change in technology in the office aids in the increase of speed on information movement as well as improve the information analysis of business such as internet or intranet usage. The intranet is the internal system of communication on computers while internet is used to be able to communicate with clients, suppliers, and others. It is also useful for the purpose of recruitment. The workers or employees can actually work away from the office with the use of laptops, phones, and modems.
E commerce online is also very helpful since it help businesses trade with whole world using websites. Meaning, there is a 24 hour market open for all. Customers can shop for best deals of products and services available.
In general, information technology can benefit the business by reducing the running cost, improved the productivity and competitiveness, lower the product cost per unit, improve the quality of service, and reduced wastes.
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