Information technology is often valued in the business sector because of the immediate rewards it offers users. It is nice to search for the meaning of a word or phrase and get the answer to your question within a matter of seconds. It is equally fulfilling to have the ability to connect with so many people at once regardless of where you are in the world. There are more benefits to IT than what one may see at the surface level, though.
IT Improves Communication
Emails changed the way that employees interacted with one another during the 90s. Many flocked to America Online to convey messages and found that responses to digital communication were much faster than that of sending someone a letter. The only thing that surpassed the old days of email communication was that of a telephone call.
Now, thanks to smartphones and social media, an employee can get a response from colleagues within a matter of seconds if they use the right means. Information technology has also given birth to cloud computing, which lets employees access important information when they are not in the office. There is no need to connect to a hard drive when you are using cloud storage. The world of IT, then, cuts through the extra steps to make communication faster.
Efficient communication is key to the success of a company, and IT helps to streamline communication. In a rapidly connected and vast business landscape, hiring, leveraging, and retaining employees requires continuous communication and collaborative efforts. A crucial benefit of IT is in its ability to streamline communication both externally and internally.
For instance, video conferencing and online meeting platforms such as GoToMeeting, Zoom and Skype offer businesses the work remotely in real-time, greatly reducing costs that come with having clients on-site or interacting with employees who work remotely. Thanks to IT, businesses are able to connect and communicate almost effortlessly with international consumers and suppliers.
IT Cuts Costs
Of course, when you talk about eliminating steps in business, there is the possibility of saving money. One of the major 5 advantages of information technology is its ability to keep money in your company’s bank account. Some people are scared off by the notion of IT because of the upfront costs that sometimes feel overwhelming. The truth, though, is that an updated system pays for itself within a matter of weeks. Improved communication alone leads to more productivity and, thus, increased earnings. Information technology is an investment that all business owners should pursue.
While it may initially appear expensive to implement IT, in the long run, it will however become significantly cost-effective by streamlining an organization’s managerial and operational processes. Basically, implementing information and communication technology in business allows businesses to achieve more with less, without compromising value or quality.
IT Encourages Strategic Thinking
Better communication leads to more critical thinking. Employees are less concerned with how to get into contact with co-workers when they know that they can relay information through the cloud. Thus, with the stress of figuring out how to communicate lifted, workers can take in the information shared and create better strategies for improvement. One of the advantages of data communication is, therefore, more time, which leads to more effective planning.
IT can help an organization to enhance their competitive edge in the marketplace, by encouraging knowledge transfer and strategic thinking. For instance, by leveraging subscription databases and social networks, companies are enabled to organize, interpret and transmit data like never before. This has provided enterprises with unmatched access to consumers and customers, assisting companies to deliver better and innovative products.
IT Protects Information
There will always be a place for traditional files in the corporate sector. Leaving a paper trail, however, may not be the best idea when it comes to sensitive information. Identity thieves have a way of taking the simplest information, such as a name or birthdate and transforming it into a weapon that victimizes unsuspecting individuals. It is best, then to invest in information technology with encryptions and other security measures that keep unauthorized eyes from viewing classified information.
In protecting classified information, information technology works to ward off lawsuits. Victims of identity theft often track down the source where thieves were able to steal information. It is not uncommon for such persons to sue companies responsible for damages related to the crime. Your decision to keep up-to-date with the latest technologies can essentially keep legal fees for negligence at bay.
IT Cuts through Cultural Barriers
Diversity is something that corporations continue to strive for despite laws in the United States that prohibit discrimination based on race, gender, sexual orientation, age and other factors that make a person uniquely different. The good thing about the IT world is artificial intelligence, which does not automatically come with the same filters of which humans are accustomed.
A computer does not care if a person is a man or a woman if the potential candidate’s resume meets the predetermined qualifications for the job. Information technology, therefore, can contribute to diversity by design of operating systems.
7th Edition COMMS | 27-28 July 2023 | Delhi
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