Introduction to Information Technology - TESCO Bank

Added on - 21 Feb 2021

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Introduction toInformation Technology
Table of ContentsINTRODUCTION...........................................................................................................................1Literature Review.............................................................................................................................1Role of Information Technology in corporation....................................................................1Ethical and social issues.........................................................................................................2Networking technologies........................................................................................................3Importance of intranet and internet........................................................................................5Stages of system development life cycle................................................................................5Analysis & Discussion.....................................................................................................................6CONCLUSION................................................................................................................................7REFERENCES................................................................................................................................8
INTRODUCTIONInformation Technology can be referred to as the process inclusive of upkeep,development and utilisation of computers, software along with various types of networks. In thisregard, it can be said that hereby distribution as well as processing of data is done. Hereby, datacan be defined as the raw information, stats and facts that are taken into use for the purpose ofcollection, referring, storing and analysing. The present project deals with the utility of variousaspects of Information Technology within TESCO Bank which is engaged in provision ofbanking services. Owing to this, it is at a leading position within the confines of UnitedKingdom. The project throws light upon role of IT, ethical and social concerns, various types ofnetworking, significance of internet as well as intranet and lastly, system development life cycle.Literature ReviewRole of Information Technology in corporationIT can be referred to as the utility of computers for the sole purpose of effectiveexecution of technical activities and processes of a business. Informational Technology plays apivotal role in conduction of procedures such as transactions, data management, data storage etc.For this purpose, various types of software are available within market place (Rivard and Aubert,2015). These can be accessed to make the work get carried out smoothly in the organisationalpremises. The role of IT with reference to TESCO Bank is discussed as follows:-Data flow:Data is regarded as one of the key resources of company which may beinternal, subjective, external or objective. Through the utility of IT, a centralised data centredeveloped bydata centre operator Sentrum,istaken into use for retrieval of essential information(Tesco signs £65m datacentre deal to drive online expansion,2019). TESCO Bank deals invarious categories such as general merchandise, clothing, home appliances, toys, entertainment,kitchen items etc. It supplies its products in over 7000 outlets across the globe and thus, itbecomes significant for the entity to ensure availability of important data with staff as well asconsumers. Thus, IT provides assistance in effective flow of information within and outside thelines of corporation.Workgroup Support:It can be said that Information Technology plays a vital role ingeneration of data sharing environment whereby the members of staff can effectively setcommunication (Tarafdar, Gupta and Turel, 2015). Also, it allows inter functional1
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