Role of IT in Business Success and Failure

Individual Report

Abstract
Information technology is a process which helps to build several communication networks for an
organization which will help them to attain success. It helps an organization to create several
systematic management systems through which they can help their employees and other
operations to manage the organization in success for manner. With the increased use of
information technology it became a requirement of business to get success. It includes various
things used in business organizations such as network technology, artificial intelligence and
software development cycle.

Table of Contents
Abstract............................................................................................................................................2
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
Identify and discuss the role of IT in the success or failure of a business...................................3
Find ethical and social issues associated with running businesses..............................................5
Identify and differentiate between different types of networking technologies..........................5
The latest developments in Artificial Intelligence.......................................................................6
List and explain the different stages of software development life cycle....................................7
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................10
Books and Journal......................................................................................................................10

INTRODUCTION
Information technology is very useful for an organization to be adopted in this world of
technology. It helps an organization to build a better communication network save their data and
their employees to solve their problems in effective manner with the help of computers and
mobile devices (Aparicio, González, and Castelló, 2020). Information technologies of greater
used to simplify the operations of business organization. This report is based on an organization
of service sector that is Rosewood London. Rosewood London is a luxury hotel which is opened
in a restored Edwardian mansion. the hotel is well known for their great service and staff and is
considered among five star hotel in London England. This report contains the role of information
technology in the success and cereal of business and find several ethical as well as social issues
which are associated with running a business in the market. For this report contains difference
between several types of networking technologies used in an organization and the latest
development in artificial intelligence with its benefit to Rosewood London. In order to develop a
software there are several stages which are required to be followed under software development
life cycle. This report also contains the explanation of various stages required for software
development life cycle.
MAIN BODY
Identify and discuss the role of IT in the success or failure of a business
Information technology plays an important role in our success and failure of a business.
In this rapidly changing world it is essential for each and every business to adopt information
technology as it helps them to simplify their business operations and make them effective for
their customers. In case of service sector organization information technology helps Rosewood
London to provide their customers effective services in cost effective manner. The role of
information technology in the business of Rosewood London are given below:
Improved Marketing: With the increase trend of digital marketing information technology
helps Rosewood London to improve their marketing activities by using digital marketing. With
the increased use of social media the organizations and companies are able to create their brand
name in the market with the help of digital marketing (Azahari, and Nayan, 2020). This benefit is