Introduction to Information Technology: Types of Software, Network Technologies, and Artificial Intelligence
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This report discusses the basics of information technology, including types of application software, network technologies, and artificial intelligence. It also covers ethical and social issues that businesses face. The report is prepared through Barclays Bank, a multinational universal bank based in London, England, UK.
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INFORMATION TO TECHNOLOGY
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Contents ABSTRACT..............................................................................................................................4 Introduction..............................................................................................................................5 Literature review......................................................................................................................5 Analysis and discussion............................................................................................................5 Discussing different types of application software which can be used by business........5 Ethical and social issues that pertain to running business...............................................6 Types of Network technologies............................................................................................8 Artificial intelligence..........................................................................................................10 Different stages of software development life cycle.........................................................11 Advantages and disadvantages of information technology................................................11 Conclusion...............................................................................................................................12 References...............................................................................................................................13
ABSTRACT Information technology is the system with the aid of using which the computer, smartphone or software program is used to change data and information in digital form. The use of technology has many advantages, however there also are advantages including moral and social factors, that can have offense results for the business enterprise in addition to a lack of reputation. Information era brings the numerous factors into the organisation in a powerful and green way. With the assist of IT, control is capable of make selections and supply excellent outcomes to clients that create the sturdy relationship. Network era is a community that allows information to be exchanged in virtual form. Software improvement is a vital a partofdataerathatgroupsusetodefendtheirinformation.Thesoftwareprogram improvement lifecycle includes seven levels that assist develop, design, and check the superb software program.
Introduction The use of computer networks to store, retrieve, send, and manipulate firm data via telecommunication devices is known as information technology. The term "technology" refers to the techniques, skills, methods, and processes employed by a corporation for scientific research and production. During theefficient time frame, the assigned task is completed with the development of technologies that have a meaning of their own in the business world (Campbell, H. and Masser, I., 2020). As technology advances, there are various changes in business processes such as technology driven equipment, data storage, etc. The report is prepared through Barclays Bank, a multinational universal bank based in London, England, UK. The bank was founded in 1690 by the Nigel Higgins. It deals with the products of the retail, commercial, investment, private and wealth banking business. The study discusses the types of application software which can be used in business. It also discusses the importance of social and ethical issues which are becoming important in the digital world. Further, it also looks at the types of networking technologies and artificial intelligence for enhancing the business. The different stages of software development life cycle have been explained. Literature review Accordingtothe2019technologicaltrends,informationtechnologyislinkedto computer technology, which includes the Internet and is grouped togetherunder the umbrella term "information technology." Hardware, software, and networks are also included. With the development and design of computer networks, data is processed and communicated. The development and maintenance of software, systems, and computer networks that require the usage of services and supporting infrastructure so that information may be handled and given via voice, data, and video, according to the ND Century Code. Information technology, in the context of business, refers to the computer system, which includes all hardware, software, and peripherals, that is operated by the major IT users. It is critical to utilise information in the workplace(Kane, G.C and et.al., 2019). Analysis and discussion Discussing different types of application software which can be used by business. Applicationsoftwareisdefiningacomputerprogramwhichperformsspecific functions. Theability of handling user input and helps the user get the job done. It is also
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known as end-user programs or just an app.It's above the operating system. The first user is responsible for system software, and the second is responsible for application software. In Barclays Bank's business, the end user employs application software for a specific reason. It is set up to perform both simple and complicated jobs.It can either be installed or accessed online. This can be a single program, or a group of small programs called an application suite. The types of application software are as follows- ï‚·Presentation software- This is a type of application software used in Barclays bank which enables in representing the thoughts and ideas with ease and clarity by use of visual information. The information is displayed in form of slides. The slides can be made more attractive by adding text, images, graphs, and videos (Kim, G.Yand et.al., 2018). ï‚·Web browsers- It is used for browsing internet for locating and retrieving data across the web. The popular web browsers are internet explorer and Google chrome. ï‚·Spreadsheet software- This is used for performing calculations in Barclays bank. This software helps in storing data in table format. The intersecting area calls cells, which are separated for defining fields such as text, data, time and numbers. This allows the user for providing formulas and functions for performing calculations. E.g. - google sheets ï‚·Database software- This is used in Barclays bank for creating and managing data base which is also known as data base management system which helps in organising data. While running application, data is fetched from database, modified and back stored in database. The popular databases are oracle, Microsoft SQL. Ethical and social issues that pertain to running business The use of information technology can be donein all areas in which questions of security and data protection arise. In the ethical area, the companymust observe with guidelinesin order to develop integrity and trust in the business. The availability of computer technology has resulted in great changes in society as the Internet offers the opportunity to accessunlimitedinformation.Therearenumeroussocialandethicalissuesthatare considered important to the efficient running of the business. Ethical Issues ï‚·Personal privacy-In information technology, it is an ethical problem to disclose information and violate the privacy of every individual because IT users transmit with the distribution of networks, information or data on a vast scale (Kumar, A and et.al.,
2018). IT gives the user the ability to have hardware, operating system, and other software tools so that servers can be accessed that are connected to one another over the network. Maintaining data protection and data integrity for the company and IT users is a major challenge inBarclays Bank. ï‚·Access Right-As technology advances, right of access is becoming a major issue for IT and cyberspace. The development of the Internet has increased e-commerce and electronicpaymentsystems,whichisalsoaproblemforseveralbusiness organizationsandgovernmentagencies.Thenetworkisnotsecuredagainst unauthorized access on the Internet. Intrusion detection is used to determine if the user is an intruder or an inappropriate user (Mandal, S., 2018). ï‚·Harmful actions-Damaging activities are characterised in computer ethics as actions that have harmful or negative repercussions for IT, such as the loss of property, essential information, or destruction of property. Outsiders are restrictedfrom using information technology based on the principle of ethical behaviour, which can lead to losses for employees, employers, users and the general public. The loss of resources results from the changes in the files and programs and these actions consist of deliberate destruction inBarclays Bank. The computer systems need more time and effort to reduce viruses for harmful actions to be recovered. Social Issues ï‚·Breakdown of communication-With the digitization of modern times, technology is helping to improve life, but it is also a social problem as most of the people are busy with cell phones and computers, resulting in breakdown in communication and bonding. The portable devices in households provide access to information and entertainment, but also lead to poor family communication. ï‚·Identity theft-In the easy accessibility of computers and the internet, fraud is another social problem as the person's personal information can be held by third parties that can be used for malicious purposes of conducting online transactions and other harmful activities. Several sources of data protection must be used by Barclays Bank to store customer and employee information to prevent fraud. ï‚·Gaming addiction-With technology, a new breed of video game addiction has emerged that has affected the lives of people of all ages and has caused a range of problems, from financial to social problems. People are involved in computers and cell phones to play the games, which adversely affects education, eyesight, and
communication with others (Meng, Jand et.al.,2018). ï‚·Online scams-Business and millions of people organize their work with the Internet, which makes electronic transactions easier. Transactions must be carried out carefully when navigating websites. Phishing is the common fraud method that is created by combining the words password (code) and fishing. It is an intelligent technology that reveals personal data and information related to financial transactions in Barclays Bank. Types of Network technologies The term network technology defines the connection of two or more computers that are connected either by cable or WIFI to transfer, share and exchange data and resources. The computer network is built using hardware such as routers, access points, cables and switches and software such as business applications or operating systems (Motiwalla, L and et.al., 2019).Theuseofprotocolsforcommunicationorforthephysicalarrangementof components is also defined as a computer network. Different types of computer networks are available depending on the size and purpose of the computer network. The computer network is connected to nodes like fibre optics, wireless signals that enable communication and the exchange of information. The networks follow the protocols to define how communications are sent and received, using the IP address for each device. The various computer networks discussed are- ï‚·LAN (Local area network)-This network is owned and managed privately,which is associated over a brief distance for simple sharing of the information, assets and records. In little regions, for example, structures, workplaces, schools, the PCs are associated with each other. It requires the utilization of correspondence media like curved pair, coaxial link, and so forth to interface more PCs. The information move is quicker, and the LAN is worked with economical equipment that is more affordable, for example, centers, ethernet links. The degree of safety given by the nearby organization is high. It incorporates both wired and remote organizations. ï‚·MAN (Metropolitan area network)-A huge geographic organization region is covered by a metropolitan region network that associates another LAN together to foster a bigger organization. This organization is utilized by the public authority offices,whichassociatesresidentsandtheprivatearea.Thephonetradeline interfaces different LANs in a metropolitan region organization. The MAN is more modest than WAN, however bigger than LAN. The term metropolitan characterizes
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the size of the organization(Patel, D.T., 2019). ï‚·WAN (Wide area network)-Computer networksare associated over a wide region that interfaces billions of PCs. This organization grows over a huge geographic region, for example, states or nations with a satellite association, phone line, and fiber optic link. The organization of the WAN is bigger than the LAN. In business, government, and schooling, it is utilized where the Internet is most noteworthy in the WAN world. The wide region network is utilized by enormous organizations to interface different locales, providers, telecommuters, and server farms to get to the data they need and run applications. BasisLANMANWAN DefinitionItisanetwork connectionbetween computers in a small geographic area with a small group. The connection of the networkfor commutersislarge, butsmalltoWAN consistingofcities, municipalities, etc. The connection of the network is distributed overalargearea between the countries withthehelpofthe Internet(Que, Y and et.al., 2018). AllowsAsinglepairof devicesenablesa communication to take place. Thenumberof computersisallowed to interact at the same time. Itenables communication with a largegroupof computersystemsat the same time. . Used byLANisusedin colleges,schools, universitiesinthe same building. The small towns and cities use this network for the connection in MAN. Inthevarious countriesand continents,theWAN network is widely used forcomputersystem connection. SpeedThisnetworkoffers high speed This network delivers the moderate speed. It provides slow speed compared to LAN and WAN. OwnershipIt is privately ownedThe MAN network isThisnetworkistoo
by the peoplesprivately and publicly owned (Santoro, G and et.al., 2018). public. Designing and maintenance This network is easy to design and maintain. Itisdifficultto maintaindesignand maintenance compared to LAN. ComparedtoLAN and MAN, the network isdifficulttodesign and maintain. Artificial intelligence In contrast to the natural intelligence of humans, it is demonstrated by machines. This was founded in 1965 as an academic discipline. Artificial intelligence defines the simulation of how people think and how they imitate the actions programmed in machines.It refers to a machine that exhibits a quality of learning and problem solving associated with the human mind. To achieve a specific goal, Artificial Intelligence can rationalize and act. It is a machine learning without human help, the computer programs are learned automatically, and new data are adapted(Shabbir, M.J.S. and Mankar, C.M., 2021). The goal of artificial intelligence includes learning, thinking, and perceiving, planning and representing knowledge. Artificial intelligence has four approaches to think humanly, to think rationally, to act humanly, to act rationally, which leads to thought processes and reasoning. The various possibilities are offered by the artificial intelligence of the company organization, which is of greater importance. The Impact of Artificial Intelligence on Business Improvement. ï‚·Time and money are saved- the machines work more efficiently than humans. The artificial intelligence machine operates around the clock. There is no break in work that provides reliability in work. In the important events, it notifies you at any time to complete the respective task. The large amount of data is also recognized by the artificial intelligence within seconds, which usually takes less time to make decisions and produce relevant information. In such cases, this technology helps save time and work efficiently instead of people. The Barclays Bank's performance is also improved as the machines don't need sleep and work continuously without getting bored. ï‚·Business insights are generated to make smart decisions- In any business, data is invaluable in today's economy. Artificial intelligence helps to generate data processing quickly and efficiently to provide answers to questions that arise in the company (Shahnazi, R. and Shabani, Z.D., 2019). It provides the customer needs and accurate
predictions of the learning they have learned. It also provides relevant predictive analytics compared to humans. ï‚·Artificial intelligence increases productivity- employees can focus on the task they are performing when the task is reduced from the to-do list. Artificial intelligence does most of the work that employees don't have to do the job. It encourages employeestoincreaseproductivity.Real-timesupportisprovidedbyartificial intelligencewhencompaniesareconstantlyinvolvedincommunicationwith customers. At Barclays Bank, the workload on employees is reduced, which increases productivity by allowing employees to perform the tasks that they can efficiently do (Silva, B.N and et.al.,2019). Different stages of software development life cycle. The product improvement lifecycle can be referenced to as the strategy utilized by the product business to create, plan, and test excellent programming. The point is to create such programming that meets and surpasses client assumptions inside the time and quotes. It comprises of 7 phases which are talked about underneath- ï‚·Planning- Before starting any software development, it is important to make sure that there is adequate planning in terms of human resources and finances. The planningoutputsincludetheprojectplan,costestimate,andprocurement requirements. ï‚·Feasibility or Requirements Analysis- It involves ensuring that the project's requirements will help the end-user of the system. Collecting the requirements means talking to the stakeholders and looking at such relevant data. In this phase, the project team conducts work meetings with the relevant stakeholders (Warkentin, M. and Orgeron, C., 2020). ï‚·Design and Prototyping- During this phase, the designer or developer creates a prototype for this function or designs the solution. Prototyping is important in order to gather feedback early on and to make technical decisions. ï‚·Software Development- This is the phase in which the requirements of the project are converted into working code. This is the earliest phase of software development that the project manager sees the final product. ï‚·Software test- In this phase, the tester puts the code through its paces. The tester verifies the quality of the code, whether it meets the requirements of the plan, the performance of the code, and evidence of the safe development principles.
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ï‚·Implementation and Integration- This is the phase in which the code is picked up and put in a place where people can use it. It simply means deploying the code on the web server. In some large projects this may involve integration with several different systems. The operations team focuses on deploying the software (Zughoul, Oand et.al.,2021). ï‚·Operation and maintenance- In this phase, the developers monitor the software for errors or defects. If a bug is found, they report the bug and during the maintenance phase it is important to consider all possibilities when the development cycle starts again. To find out if this phase is working well, the developers need to quickly identify the problem and fix it. Advantages and disadvantages of information technology Information technology is helping Barclays bank to improve business services as many online services are available and customers can conduct online transactions. Communication is enhanced using email, telephone, etc. which facilitate the flow of information within the organization. It helps store a lot of data and does less paperwork which saves time. The customer relationship is improved in the HSBC-Bank with the help of technology and the customer is sensitized by the provision of the information. The company's competitive advantage is enhanced with the help of technology and innovative processes are developed in order to remain efficient. The Cons of Information Technology it is over the top expensive to keep up with the innovation. The online business sites gather individual information utilizing treats and propose items dependent on data. It makes joblessness and helpless employer stability as a large portion of the errands are finished with the assistance of innovation. The organization additionally experiences a security issue as the information can be hacked. Conclusion From the above report, it was concluded that information technology has far-reaching and important business implications that lead to innovation by creating pathways for success through technological advancement. The organization has a separate information technology department that stores all critical data and files and works on and learns the technology to run the business. In the industry, technological progress is confronted with several social and ethical issues for employees and customers. Various types of business impact computer networks are discussed in the report in order to improve business operations. The network of
LAN, MAN, WAN is interconnected. The computer network offers privacy and inexpensive. In addition, the concept of artificial intelligence with its business impact is being developed to improve business operations.
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