Role of IT in Business
Role of IT in Business Organization
The accomplishment of each business relies upon specific components. Some of which are exact investigation, picking the correct innovation and the future vision. Research from the most recent two decade has demonstrated that those associations that do put resources into innovation and pick the way of advancement increment their piece of the pie, monetary figures and general intensity. Information Technology is the main innovation which gives you the chance to examine particular information and plan your business travel likewise. It likewise gives you numerous instruments which can tackle complex issues and plan the adaptability (future development) of your business. In the cutting edge age, it is demonstrated that advanced showcasing is an extraordinary device which let you advance your items or administrations to the worldwide market while sitting in the solace of your remote office or home. What's more, on account of the distributed computing and present day correspondence which empower you to frame a worldwide association, oversee and screen its virtual workplaces everywhere throughout the world.
1. Decision Making:
Speed and accuracy are the crucial factors for decision making. Every successful organisation has to go through a comprehensive market research process which enables management to make the right decision. IT helps in comprehensive research process and help to access, and use required data in time.
2. Data collection, Processing, storage, and retrieval of the data:
Information Technology helps in collection of data and informations. It then processes the collected data and information and stores them effectively.
IT helps in access and retrieval of the data.
3. Marketing and business growth:
The heart of business success lies in its marketing which enable management to identify target audience and observe customers needs and trend in the market.
- Digital marketing:
Modern phenomenon which let you promote your products and services within the country and all over the world via internet and telecommunication services. It includes concepts like SEO (Search Engine Optimization), Blogging, discussion forums, SMS, MMS, social media marketing etc.
4. Customer support and satisfaction:
Higher level of customer satisfaction is the way to progress which can't be accomplished without a continuous customer support bolster process. Business achievement relies upon knowing its customer's needs, patterns, practices and fulfillment level. Powerful and effective communication is the best apparatus to comprehend the customer's demands, problems, requests, issues and their answers to problems. On account of the Internet Technology that has empowered us to speak with a large number of potential or existing customers in the ongoing. IT furnishes numerous channels to speak with the customers without going out in snow or rain. A portion of these channels are email, online course, web-based social networking, part gateways, online bulletins and content or interactive media informing through the advanced cell. Enterprise organization ordinarily utilize Customer relationship management frameworks (CRM) to hold important information for understanding customers practices and future needs and trends in market.
5. Resource Management:
Resources include tangible, Intangible, financial, Human resource etc. Now, the managers can manage or monitor their organisational resources virtually anywhere in the world by using their personal computer, laptops, tablets or Smartphone. This concept has introduced the idea of globalization. And IT helps in the proper management of these resources.
6. Globalization:
Globalization is the integration of the economics throughout the world fudd by the technological process and innovation. Through Globalization there is interchange of the world views, products and services, ideas etc.
It is difficult to achieve long haul business accomplishment without utilizing the advantages of Information Technology in this computerized age. The organizations need to hold up under a sensible cost to make this progress since utilizing an imaginative approach in business methodology, utilizing very prepared IT experts and settling on right choices at opportune time are the essential of business achievement. As IT arrangements keep on increasing the profitability, proficiency and adequacy of business tasks and correspondence, business will keep on relying on Information Technology for progress.
Managing IT(Information Technology) in an Organization:
An organization possess considerable amount of information technologies and resources as Hardware, Software, databases, network, Procedures, and physical buildings.
The responsibilities of management IT resources is divided between:
a. ISD (Information System Department)
b. End users
- ISD is responsible for corporate level and shared resources as network.
- End users are responsible for managing departmental resources as personal computers in organization.
Data, Information and Knowledge:
Data :
Data refers to the raw facts, unorganized inputs, description of things, activities, events, that are recorded, stored and classified but not organized for a specific purpose.
- Data are the raw materials for production of information.
- It does not provide particular meaning to the value.
for an example: Engineer writes down a number '5'.
Information:
Information refers to the organized data after complete analysis, processing, that are meaningful and reasonable.
- Information are the product formed after manipulation of data.
- It provides significant meaning.
- For an example: Engineer writes down "Vehicle requires 5 gallons of fuel to run 100 miles".
Knowledge:
It refers to the data and information that have been organized and processes to convey understanding, experience, learning, and expertise and to apply to a current problem or activity.
- Knowledge are the concept and understanding learned from organized data and information.
- It refer to the wisdom and awareness about something.
- For an example: "the vehicle requires more fuel than what the statistical average is."
Innovation is the colossal method to achievement in this computerized age. The way of advancement in business implies accomplishing something other than what's expected, more intelligent or better that will have a constructive outcome as far as esteem, quality or efficiency by utilizing developing or demonstrated advances of the world. The innovation which has effectively substantiated itself in most recent two decades is obviously the Information Technology (IT). It has drastically changed the lives of the people and associations. Presently web based shopping, advanced showcasing, person to person communication, computerized correspondence and distributed computing and so forth are the best cases of progress which got through the rush of data innovation. Presently exact business arranging, successful promoting, worldwide deals, orderly administration, continuous checking, moment client bolster and long haul business development can't be accomplished at the ideal level without Information Technology.
The accomplishment of each business relies upon specific components. Some of which are exact investigation, picking the correct innovation and the future vision. Research from the most recent two decade has demonstrated that those associations that do put resources into innovation and pick the way of advancement increment their piece of the pie, monetary figures and general intensity. Information Technology is the main innovation which gives you the chance to examine particular information and plan your business travel likewise. It likewise gives you numerous instruments which can tackle complex issues and plan the adaptability (future development) of your business. In the cutting edge age, it is demonstrated that advanced showcasing is an extraordinary device which let you advance your items or administrations to the worldwide market while sitting in the solace of your remote office or home. What's more, on account of the distributed computing and present day correspondence which empower you to frame a worldwide association, oversee and screen its virtual workplaces everywhere throughout the world.
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Roles of IT:
The success of the business organization depends on the Information Technology. Without Information Technologies, a business organization can never achieve its predetermined goal. The roles of the IT in an business organization are:1. Decision Making:
Speed and accuracy are the crucial factors for decision making. Every successful organisation has to go through a comprehensive market research process which enables management to make the right decision. IT helps in comprehensive research process and help to access, and use required data in time.
2. Data collection, Processing, storage, and retrieval of the data:
Information Technology helps in collection of data and informations. It then processes the collected data and information and stores them effectively.
IT helps in access and retrieval of the data.
3. Marketing and business growth:
The heart of business success lies in its marketing which enable management to identify target audience and observe customers needs and trend in the market.
- Digital marketing:
Modern phenomenon which let you promote your products and services within the country and all over the world via internet and telecommunication services. It includes concepts like SEO (Search Engine Optimization), Blogging, discussion forums, SMS, MMS, social media marketing etc.
4. Customer support and satisfaction:
Higher level of customer satisfaction is the way to progress which can't be accomplished without a continuous customer support bolster process. Business achievement relies upon knowing its customer's needs, patterns, practices and fulfillment level. Powerful and effective communication is the best apparatus to comprehend the customer's demands, problems, requests, issues and their answers to problems. On account of the Internet Technology that has empowered us to speak with a large number of potential or existing customers in the ongoing. IT furnishes numerous channels to speak with the customers without going out in snow or rain. A portion of these channels are email, online course, web-based social networking, part gateways, online bulletins and content or interactive media informing through the advanced cell. Enterprise organization ordinarily utilize Customer relationship management frameworks (CRM) to hold important information for understanding customers practices and future needs and trends in market.
5. Resource Management:
Resources include tangible, Intangible, financial, Human resource etc. Now, the managers can manage or monitor their organisational resources virtually anywhere in the world by using their personal computer, laptops, tablets or Smartphone. This concept has introduced the idea of globalization. And IT helps in the proper management of these resources.
6. Globalization:
Globalization is the integration of the economics throughout the world fudd by the technological process and innovation. Through Globalization there is interchange of the world views, products and services, ideas etc.
It is difficult to achieve long haul business accomplishment without utilizing the advantages of Information Technology in this computerized age. The organizations need to hold up under a sensible cost to make this progress since utilizing an imaginative approach in business methodology, utilizing very prepared IT experts and settling on right choices at opportune time are the essential of business achievement. As IT arrangements keep on increasing the profitability, proficiency and adequacy of business tasks and correspondence, business will keep on relying on Information Technology for progress.
Managing IT(Information Technology) in an Organization:
An organization possess considerable amount of information technologies and resources as Hardware, Software, databases, network, Procedures, and physical buildings.
The responsibilities of management IT resources is divided between:
a. ISD (Information System Department)
b. End users
- ISD is responsible for corporate level and shared resources as network.
- End users are responsible for managing departmental resources as personal computers in organization.
Data, Information and Knowledge:
Data :
Data refers to the raw facts, unorganized inputs, description of things, activities, events, that are recorded, stored and classified but not organized for a specific purpose.
- Data are the raw materials for production of information.
- It does not provide particular meaning to the value.
for an example: Engineer writes down a number '5'.
Information:
Information refers to the organized data after complete analysis, processing, that are meaningful and reasonable.
- Information are the product formed after manipulation of data.
- It provides significant meaning.
- For an example: Engineer writes down "Vehicle requires 5 gallons of fuel to run 100 miles".
Knowledge:
It refers to the data and information that have been organized and processes to convey understanding, experience, learning, and expertise and to apply to a current problem or activity.
- Knowledge are the concept and understanding learned from organized data and information.
- It refer to the wisdom and awareness about something.
- For an example: "the vehicle requires more fuel than what the statistical average is."
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