Businesses also use video … Technology plays a vital role in business. Almost all businesses and industries around the world are using computers ranging from the most basic to the … An Introduction to the 6 Important Reasons Businesses Use IT In this day and age, Information Technology (IT) is something all businesses, no matter how big or small, should be investing in. It makes this task neater and easier. Invention of telephone is yet another important milestone in technology development. Information technology plays an important role in today’s business world. For modern businesses, Information Technology, commonly known as IT, has become a resource as important as office space, electricity, and staff. The importance of technology in business sector heavily penetrated. Companies must bring new products to market quickly, while meeting the quality requirements of the customer. Gone are the days where companies had to have a wealth of physical filing cabinets for this. Find out more. 1. Information technology is important to business because it can help the business to increase their revenues and improve their performance to ensure that they can sustain in future and achieve the goal that have been fixed in the business. Guest blog by Richard Westgarth, Head of Campaigns BMT as part of our #ConnectandProtect month. Find out more. It became an enormous business itself, in the form of software design and development, computer hardware manufacturing and robotics applications. Technology is becoming a major factor in every startup business. Today, nobody can envisage a business without an effective information system. So, what are the Importance of Information Technology in Business Simplifying Employee Communication No matter if they hire virtual or non-virtual teams, businesses need to invest in a set of platforms, such as conferencing software, email, video chat, project management tools, and IM tools to enable uninterrupted employee communication and enhance their collaboration. There were no computers or any kind of information technology in the past quarter-century back. It’s been a long time since we are confronted by the importance of information technology; the only difference was how advance it is in terms of usability. It is difficult to imagine living without the presence of technology that most of individual are relishing now a days. Introduction of an information system to a business can bring numerous benefits and assist in the way the business handles its external and internal processes … If you need assistance with writing your essay, our professional essay writing service is here to help! Technology allows many businesses to expand more quickly by having the proper means to promote. Technology is extremely important in the workplace as a means of communication as businesses rely on it heavily. Technology has also allowed for large format digital media. 2 min read. As an increasing number of daily business activities move online, including advertising, selling, finding new markets, reaching out to customers, recruiting staff, communicating with customers and suppliers or even carrying out financial transactions, it is becoming increasingly important to ensure that no one is attempting to steal your company’s information and money or disrupt business. Home; About Us. Even if a business only uses a basic Wi-Fi network or one desktop … Importance of information technology in modern work places . It embeds a systems philosophy of connectivity, to offer an in-depth understanding of business concepts and how to use IT to serve business needs. Information technology is important to the business sector as a management tool to optimize the processing of information to produce goods and services for profit. Business Information Technology bridges the gap between IT and Business to drive innovation and growth in the modern global organisation. Get Help With Your Essay. Emails changed the way that employees interacted with one another during the 90s. IMPORTANCE OF TECHNOLOGY TO BUSINESS SUCCESS. And this is the key importance of information - it allows a business to make informed decisions by presenting data in a way that can be interpreted by management. Read on to learn about the 5 advantages of information and communication technology in business! 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