Impact of IT on Business

1977 Words4 Pages

This paper analyses the impact IT has had on business and discusses the advantages and disadvantages of IT for business today. Today the technology is so advanced, information technology is nearly applied in any filed. Next I will describe it from application of IT in business and application of IT on education. And I will introduce IT simply and concretely introduce IT on education. Although IT makes it convenient to run the business, it also has both advantages and disadvantages.

First I simply list the definition of IT and explain what IT is. The full name of IT is information technology. We always to use the term IT to refer to an entire industry and actually, it is the use of computers and software to manage information.[online]Available at:[http://jobsearchtech.about.com/od/careersintechnology/p/ITDefinition.htm accessed 24,11,2010] In broadest sense, information technology consists of both the hardware and software which are used to store, retrieve and manipulate information.

Advanced information technology is applied in lots of areas. Like in production, computers, education, companies and so on. In my opinion, computer technology has great applications in almost all kinds of businesses. Nearly all kinds of business rely on IT for automating the information systems, information sharing platforms, data sharing network, internet, intranet, machines, and equipment and so on which are dependence on computers. Its application is not only in the field of finance or marketing, but also it is used by the medical industry, human resource department, systems and so on. And compared to traditional way of doing things, information technology helps to fulfill the business task in less time. In decision making process, some com...

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