Impact Of Information Technology On Business Sector.docx

IMPACT OF INFORMATION TECHNOLOGY ON BUSINESS SECTOR

Information technology, also known as IT, is a comprehensive term that includes all types of technology used to exchange, store, use or create information. Commonly used information technology equipment includes computers, servers, peripheral devices, Internet connectivity equipment and phone systems. From basic computer terminals to IP-based telephony systems, information technology is an integral part of most modern business operations. Communication Rapid communications can help increase productivity, allow for better business decision-making and ease a company’s expansion into new territories or countries. Email servers, routers, internal company billboards and chat services can serve as the backbone of a company’s communications. These electronically based communication systems are used to disseminate routine and critical business information in a quick and efficient manner. IT equipment can be used to send business status reports to executives, to update employees on critical business projects and to connect with business partners and customers. Efficiency Streamlined work flow systems, shared storage and collaborative work spaces can increase efficiency in a business and allow employees to process a greater level of work in a shorter period of time. Information technology systems can be used to automate routine tasks, to make data analysis easier and to store data in a manner that can easily be retrieved for future use. Technology can also be used to answer customer questions through email, in a real-time chat session or through a telephone routing system that connects a customer to an available customer service agent. Competitive Advantage Adoption of information technology resources allows companies to maintain a competitive advantage over their rivals. Companies using a first-movers strategy can use information technology to create new products, distance their products from the existing market or enhance their customer services. Companies that follow a low-cost product strategy can look to information technology solutions to reduce their costs through increased productivity and reduced need for employee overhead. Businesses can also build-in information technology to their products that makes it difficult for customers to switch platforms or products.

Economic Efficiencies Companies can harness information technology resources to lower their costs. Using IT infrastructure, redundant tasks can be centralized at one location. For example, a large company could centralize their payroll function at one location to lower employee costs. Economic efficiencies can also be realized by migrating high-cost functions into an online environment. Companies can offer email support for customers that may have a lower cost than a live customer support call. Cost savings could also be found through outsourcing opportunities, remote work options and lower-cost communication options. conclusion Information technology enables the rapid transfer of information to any location in the world. With the advent of information technology, personal computers and communication devices, such as smartphones, have become the primary tools for conducting business. Information technology also gives companies the ability to outsource employees from remote locations and reduce costs associated with traditional staffing techniques. A company can outsource employees to perform tasks, such as computer programming and customer service, using various platforms on the internet. Information technology also provides entrepreneurs with access to all the tools needed to start and grow a business. According to the houston chronicle, small business accounting, marketing and communication have been revolutionized by advances in computer, network and communications technology, and companies in a range of industries continually adapt to take full advantage of technological developments. The internet also provides a platform where small companies can compete with larger companies and use cost-effective online marketing strategies to expand their customer base. In addition, the availability of advanced video and graphics editing software means that small businesses can create professional marketing materials to advertise their products or services.

Impact Of Information Technology On Educational Sector

What is Education? • Education in its general sense is a form of learning • in which the knowledge, skills, and habits of a group of people are transferred from one generation to the next through teaching, training, or research.

Type of technology used in education. 1. Smartbords 2. Classrooms pc 3. Projectors 4. Television Smart boards Smart board is an interactive white board that allows the teacher to project an image from a laptop to the front of the room and the teacher can then digitally draw on that image. Classrooms PC • They give them the option of recording their notes for long period of time . • Most classes require student to do a lot of reports and presentations. You want a computer that will get this job done better than the rest. • This allows for students to be more in tune with their learning by allowing them to have their own personal computer. Projectors • A projector hooks up to the teacher’s laptop and projects the screen from the laptop to the white board in the front of the room. • by doing this it allows students to see a larger version of what is on the laptop screen. Television • Televisions can be used to show instructional DVDs or to be able to watch important current events, such as 9-11 or presidential elections. Impact Positive impact Enhanced Teaching and Learning • Technological developments like digital cameras, projectors, mind training software, computers, PowerPoint presentations, 3D visualization tools; all these have become great sources for teachers to help students grasp a concept easily. • It

has to be understood that visual explanation of concepts makes learning fun and enjoyable for students. They're able to participate more in the classroom and even teachers get a chance to make their classes more interactive and interesting. Globalization • When schools in different parts of the state , students can “meet" their counterparts through video conferencing without leaving the classroom. • Some sites, such as www.glovico.com are used to help students learn foreign languages online by pairing a group of students with a teacher from another country. No Geographical Limitations • With the introduction of online degree programs there is hardly any need of being present physically in the classroom. Even several foreign universities have started online degree courses that student can join. • Distance learning and online education have become very important part of the education system nowadays.

Negative impact Declining Writing Skills • Due to the excessive usage of online chatting and shortcuts, the writing skills of today’s young generation have declined quite tremendously. • These days, children are relying more and more on digital communication that they have totally forgot about improving their writing skills. • They don’t know the spelling of different words, how to use grammar properly or how to do cursive writing Increasing Incidents of Cheating Technological developments like graphing calculators, high tech watches, mini cameras and similar equipment have become great sources to cheat in exams. • It is easier for students to write formulas and notes on graphing calculators, with least chances of being caught. Lack of Focus • SMS or text messaging has become a favorite pastime of many students. Students are seen playing with their cell phone, iPhones day and night or driving and very often even between lectures. • Being ever-connected to the online world has resulted in lack of focus and concentration in academics and to some extent, even in sports and extracurricular activities. Advantages •

It makes students more excited to learn • help students with busy schedules, freedom to work at home on their own time • train students to learn new technology skills they can use later in the work place • Decrease paper and photocopying costs, promoting concept of "green revolution" Disadvantages • Many experts and experienced people say that, due to such technology in education, students imagination is affected, their thinking ability is reduced. • Also its sometime time-consuming from teacher’s point of view. • It is costly to install such technology. • There can be health issues too when used over limit. • some students can't afford modern computer technologies Conclusion • In the conclusion • Technology has a very positive impact on education and at the same time may also pose negative effects. • Teachers, and students should take advantage of this in the good light and eliminate the drawbacks which are pulling back many of students as well as schools from achieving excellence • it is thus time for every country to introduce a more technologically equipped education sector in the future