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Impact of Information Technology on Business: A Case Study of Barclays Bank

   

Added on  2023-06-14

14 Pages4080 Words147 Views
Introduction to
Information
Technology
1

Table of Contents
INTRODUCTION...........................................................................................................................4
MAIN BODY...................................................................................................................................4
Explain about dissimilar kinds of software application that can be utilised through the
business...................................................................................................................................4
Discuss the ethical and social issues which are important into increased manner in the world
of digitalisation. Identify and discuss the importance of them to run the business................6
ICT makes the business more efficient and effective into the context of response towards
customers requirements. Explain about the ICT impact on business.....................................8
Explain about the functions of IT for managing business in terms of supporting managers 10
REFERENCES..............................................................................................................................13
2

Executive Eummary
The overall report covers discussion about the information and communication technology and
their related parameters as well. The report basically consist of of software application that can
be utilised by the business. The report also consist of social and ethical issues which are very
important in this digital world. The report will cover analysis about information and
communication technology that makes the business more efficient and effective in terms of
requirements of customers. At the end, report will be summarised with the role of IT in terms of
helping managers to manage the business.
3

INTRODUCTION
IT refers to the use of computers in order to process, create, retrieve, store and exchange
the all kinds of electronic information and data as well. Information technology is typically used
in operation context of business as opposed to entertainment technologies or personal level. IT is
important because it supports into the context of growth of commerce and creating the business
sector and also generate the possible output at maximum level. In the present report, Barclays
bank is taken into consideration(Choi and Lim., 2016). Barclays plc is a multinational British
universal bank which is headquartered in London, England. The report consist of dissimilar types
of software application that can be utilised by the business. The present report will cover
discussion about ethical and social issues which are very important in this digital world. The
report will cover discussion about ICT which makes the business more efficient and effective
into the context of needs of customers. The report also consist of the role of IT in terms of
helping managers to manage the business.
MAIN BODY
Literature Review
Explain about different kinds of software application that can be utilised through the business
According to Nicky laMarco(2022), There are different kinds of software application that
could be used by the businesses which is explained into the following manner:
Communication Software: This is a software which help in terms of exchanging data
into adequate manner and companies also make sure that communication is streamlined
in all the departments and locations as well. It is a commonly used software which is used
to enhance the information sharing both at internal and external level(Dutta and et.al.,
2015). It has been observed that organisations can also use system integrator of cloud-
based which connects to all the software into existing manner. It basically creates a base
of data into centralised manner which gives permission to users of verified manner to
have an access of reports at any period of time and also work into seamless manner with
other departments.
4

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