The Role of Information Technology

 

Information technology (IT) is now an indispensible part of our lives and means by which we make a living. Since IT is changing all the time, the organizations are experiencing new opportunities coupled with new issues that we have to solve.

The Promise of IT

IT offers many potential benefits:

Improved efficiency – The use of IT systems produces efficiency because many operational duties can be programedm. There are also opportunities for businesspeople through the online platforms to get to the market and customers.

Efficiency – It makes it possible to do new things that could not be done previously by facilitating innovation. Right from Smartphones, Artificial Intelligence, Virtual Reality, everything is fast tracked by technology.

Communal – IT has enabled people to join others or get information from any location, at any time. Social media has also led to increased collaboration due to the increased number devices and networks in the global market.

However, achieving the benefits identified in the table also has its drawbacks.

The Perils of IT

If not managed properly, IT can create problems such as:

Job displacement – automation can remove certain posts from the market even while it is likely to call for new IT experts. this can result in job losses for some employees.

  • Security risks – Digitizing the collection and storage of personal information is bound to raise the stakes of cyber criminal activity and invasion of privacy. Some laws such as Europe’s General Data Protection Regulation seek to empower the use by individuals in their data.
  • Inequality – With the help of IT productivity rises, but investment returns rather enhance the condition of companies that belong to high technology sector, shareholders and IT professionals. There is also the modeling that the chasm between the technologically advantaged and disadvantaged get deeper.

For solid returns on IT investment, it is imperative all the problems mentioned above are solved – however, for this to happen, coordinated action is required in serveral areas.

Realising the Potential of IT

Emphasize education and skills – More efforts should be made in to develop STEM talents. Technical skills training will also be important throughout an employee’s working life to ensure job readiness.
Cultural considerations:Cyber-security – This is very important as a proprietor the organisation has ensured that it has strong data protection laws to enhance on security and trust. Businesses cannot afford to ignore the risks that are associated with cyber risks.

  • Infrastructures – New modernization, high tech broadband and mobile network connection would be inevitable to access innovative IT solutions and resources. This calls for capital investment in infrastructure that is long term.
    Stimulate technological development –More support of development through grants and tax incentives should be provided by the government for the new technologies and linkages between university and company should be established.
  • Ethics, for emergent IT – New forms of safety, bias Anderson et al, 2019; Job losses Carr,ites; This work will help create principles and standards to assure that technology will improve the quality of life.

Faqs

Impact of information technology on business.

IT is thus helping organisations to become more responsive towards customers through facilitation of time and again faster through factors such as automation, business analytics, e-commerce solutions and business tools such as customer relationship management (CRM) systems. IT as a cloud results in cost cutting and flexibility. The pandemic has been facilitated in decentralized work through support by IT.

What are examples of information technology?

In laptops, software, smartphones, artificial intelligence algorithms, GPS, databases, computer animation, medical imaging – any digital product is driven by IT. To name a few, those include computers and smartphones, enterprise applications, video conference applications, social media and online shopping services.

That bring us to the four aspects, which are:

The four components of IT are:

  1. Software – Products such as Microsoft Word, Excel, PowerPoint or Oracle DB that prepare, present, or analyze information.
  2. Hardware- Application and software- Programs and application in computer which makes the hardware work.
  3. Network – Connection between two or more acquaintances of hardware equipment for datal transfer.
  4. Service – provision of First and Third tier support including installation and maintenance of hardware, software, networks.

In what way does information technology influence society?

As a sector IT provides people with information and knowledge, provides channels of communication and interaction in form of emails and video conferencing, makes it possible for people to work from home or anywhere, provides infrastructure for the digital economy and offers support for services that include education, banking, transport among others. IT also has issues to do with inequity, privacy, employment losses through automation and reliance on fragile networks, and the destructive effects of social media to mental health.

Conclusion

Like previous industrial revolutions, information technology provides numerous important value additions and benefits in the form of novelties and easy accessibility, but there are issues in the transitional phase. In the same way as mechanical machines displaced employment in rostlinářství, průmyslovém inzinýrství in the 18th and 19th centuries, digital technologie is again changing 21st century employment, companies and societies. If there is effective management for technological development, frequent worker training, codes of conduct for IT innovations, and balanced policies on sharing the benefits of technological advancement, application of information technology will go on contributing to the welfare and prosperity.

 

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