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