The Importance of Technology in a Business - PowerPoint PPT Presentation

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The Importance of Technology in a Business

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Information Technology empowers people to do what they want to do. Its main role is to help companies improve business processes, drive revenue growth and maintain a competitive advantage in the marketplace. – PowerPoint PPT presentation

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Title: The Importance of Technology in a Business


1
The Importance of Technology in a Business
2
Technology, as defined by businessdictionary.com,
is the purposeful application of information in
the design, production, utilization of goods and
services and in the organization of human
activities. Technology has become a major portion
of everyday life, not only in the business aspect
of life, but our personal lives as well. The
benefits of technology to a business are
increased productivity, easier storage, improved
sharing of information, and automation of
functions.
3
Before the use of technology came about many
businesses had to hire employees for tasks that
could be easily done by a computer generated
robot. For example, the demand for cashiers has
gone down because of the use of self-checkout
registers. The demand for bank tellers has
decreased because of the Automated Teller Machine
or ATM. Also the need for Telemarketers is
decreasing because of Automated Telemarketers,
who remain calm and positive even when dealing
with angry customers.
4
There are many different types of technology
Instructional Technology, Assistive Technology,
Medical Technology and Informational Technology.
Informational Technology is one of the most
important technologies there is in business.
Informational technology, also known as IT, can
be defined as the technology involving the
development, maintenance, and use of computer
systems, software, and networks for the
processing and distribution of data. IT helps
many businesses in many different ways
5
1. Rapid Communication Communication can help
increase productivity. E-mail servers (Gmail,
Yahoo), chat services (Skype, FaceTime), and
company sites improve communication between
fellow employees and the employer. These
resources can also be used to update employees or
employers on what you have accomplished, and what
still needs to be done.2. Increased Efficiency
Conjoined work systems, allocated storage, and
shared work spaces can increase efficiency and
allow employees to finish more work quickly.
6
3. Creating Competitive Advantages IT resources
allow companies to create new products, expand
their products from older markets and build upon
their customer service.ITs main roles are to
help companies improve business processes,
achieve cost efficiencies, drive revenue growth
and maintain a competitive advantage in the
marketplace. Many companies that have outstanding
IT resources are very successful. One of which
would be (name of business). At (name of
business) they help create websites for Dentist
all over the world.
7
Ensuring that each website is functional, able to
be found through a variety of search engines,
accessible from any device, and is accurate and
easily understood. This process isnt easy, but
because of the rapid communication, efficiency,
and their competitive advantages their workload
becomes a little easier.
8
Communication between each of the employees,
clearly defined instructions, and resources that
give the employees a since of direction in what
they should do. None of these tasks would be easy
to do without the use of technology.Technology
comes in all different shapes and forms.
Technology is very essential to any business,
whether its a franchise or a large corporation.
Technology is what keeps the world and many
businesses going.
9
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