Uses of Information Technology in Business | Shawana Patterson

Shawana Patterson is from the United States. She trains employees on how to use new computer hardware and software. This includes the use of word processing software, printers operate and even gives instructions on how to send and receive an email.

Today's businesses rely more on technology than ever before. Of improved telecommunications to online payment options, most modern businesses can not function effectively or efficiently without technology. Even the ability to accept credit card or debit card payments in retail stores requires a complex system of exchange of banking and telecommunications in order to operate smoothly and reliably. Application of information technology in management provides an opportunity to work outside the office and have improved access to vital information regardless of location.

Online Shopping and Money Transfers

online shopping, bill payments, and fund transfers are also a key example of information technology in business. By allowing consumers to access products and services from a computer, phone or tablet from home or on the go, the company has made it easier than ever for people to move money. Shopping online has become so prominent that most big retailers have online stores to accommodate shoppers. Consumers can buy almost anything online from musical instruments. transfer funds allow investors to track their investments or managing the accounts of their clients much more quickly.

Global Communication

One of the tools most powerful business given that the technology is the ability to communicate across the world almost without restriction. Video chat applications such as Skype have greatly improved the efficiency of the conference call to allow the meeting to be conducted internationally from any computer or mobile device. E-mail and file-sharing service allow documents to be transported directly across the ocean. Smartphones allow business partners to communicate even while on the move. Companies with colleagues in several different countries or states can now send important updates or information without delay.

Physical and Online Data Storage

Whereas once every company must keep a large stock of paper documents, the application of IT in business has helped the modern enterprise that minimizes the number of files they need to shed. The hard drive is capable of storing terabytes of data and occupies very little physical space. cloud storage services such as Dropbox, Google Drive, and one drive can now replace physical storage devices really because businesses can access their files via a web browser or application on your computer or mobile device. Transferring the data is also easier because of the e-mail, USB thumb drives, and cloud storage service.

Flexible Work Options

The development of laptops, smartphones, and tablets have allowed anyone to work from anywhere. As technology enables us to make powerful computers smaller, we become free to travel or even exercise while still monitoring our businesses. People now have much greater opportunities to work from home, allowing daycare costs to be eliminated. Travel, once an unfortunate but unavoidable interruption to the flow of work, now affords business professionals with an opportunity to catch up on aspects of their business while on an airplane or commuter train. Information can now be sent or received from practically anywhere and at remarkable speed.