Role of information technology in business PDF

Running head: HOW IT MATTERS IN BUSINESS
How IT matters in business
Name of the Student
Name of the University
Author Note

HOW IT MATTERS IN BUSINESS1
Table of Contents
Introduction................................................................................................................................2
Role of information technology in business...............................................................................2
Successful implementation of the information technology in a business care...........................2
Business care where the technology was used...........................................................................2
Conclusion..................................................................................................................................3
Reference....................................................................................................................................4

HOW IT MATTERS IN BUSINESS2
Introduction
The prime determination of this paper is to focus on the importance of information
technology in business. Information technology plays a huge role in the business in different
aspects such as the customer relationship between the internal stakeholders of the clients and
the clients, improving the manufacturing unit of the business organization, reduction in the
added costs associated to the business and human resource management (Avgerou,
Chrisanthi, and Walsham). Competitive advantage can be gained over other organizations
with the help of information technology.
Role of information technology in business
Information technology plays an effective role in any business as it helps in
optimizing the business process. The service and the products offered by business industries
such as the stock exchange industry are improved with the information technology (Wu et
al.). Communication in the workplace can be improved significantly with the use of the
information technology as the platforms built on the information technology have numerous
beneficial feature such the maintaining of the security and privacy. Business security is
maintained with the help of the information technology, as the data which are transported
from one entity to the other entity can be through an effective platform which restricts the
entry of any unwanted external threats such as the malware platforms. The decision making
and the formation of the strategies can be also maintained in the business with the help of the
information systems which are built on the information technology. The threats, risks and
opportunities of the business sectors can be improved significantly with the help of the
business strategies which are developed from the latest information systems.