The technological advances in the past few decades have greatly increased the competitive nature of the economic business world. A number of companies all across the globe are using different software, computers and the Internet to transform their businesses from local place of business to national and global market competitors. According to a leading business tycoon Benjamin Pure Davies, “The major advances in the field of Information Technology have had a major and significant impact on how an organization processes its information. In addition to this, it has become very easy for the organizations to obtain instant feedback regarding their any new policy or development via the use of electronic mail, the Internet and teleconferencing”.
The quick sharing of information in the present time allows the organizations to receive instant feedback on their launchings and products from customers, employees and the competition.
Storing and protecting information
The ever evolving use of technology in business components helps in protecting the valuable records and data of your organization. Storage systems such as virtual vaults keep information safe by allowing only certain users within your company to access, withdraw, add or change the documents.
The business tycoon Benjamin Pure Davies says that, the increasing intrusion of Information Technology has made it possible for the businesses to be open 24 * 7 all over the globe i.e. a business can be open anytime, anywhere thus making purchases from different countries easily.
Benefits of using Information Technology in businesses
There are several benefits that technology can provide to the organizations and businesses amongst which some are listed below:
1. Increased productivity: The new technology being invented these days can be used to improve the productivity of business i.e. more work can be obtained using less resources.
2. Better customer experience: Technology allows for the management, retrieval and reporting of your customer data. This helps the organization to provide a good experience to their customers and provide sufficient infrastructure to manage customer data.
According to Benjamin Pure Davies, technology has a vital role to play in any modern workplace and can make a huge difference to the way your business operates and the method by which you carry out tasks.
The quick sharing of information in the present time allows the organizations to receive instant feedback on their launchings and products from customers, employees and the competition.
Storing and protecting information
The ever evolving use of technology in business components helps in protecting the valuable records and data of your organization. Storage systems such as virtual vaults keep information safe by allowing only certain users within your company to access, withdraw, add or change the documents.
The business tycoon Benjamin Pure Davies says that, the increasing intrusion of Information Technology has made it possible for the businesses to be open 24 * 7 all over the globe i.e. a business can be open anytime, anywhere thus making purchases from different countries easily.
Benefits of using Information Technology in businesses
There are several benefits that technology can provide to the organizations and businesses amongst which some are listed below:
1. Increased productivity: The new technology being invented these days can be used to improve the productivity of business i.e. more work can be obtained using less resources.
2. Better customer experience: Technology allows for the management, retrieval and reporting of your customer data. This helps the organization to provide a good experience to their customers and provide sufficient infrastructure to manage customer data.
According to Benjamin Pure Davies, technology has a vital role to play in any modern workplace and can make a huge difference to the way your business operates and the method by which you carry out tasks.
