Introduction to Information Technology and its Impact on Businesses

This report discusses the impact of Information Technology on businesses, with a focus on Barclays Bank. It covers computer networks, artificial intelligence, and social and ethical issues. The report also includes a literature review and analysis of the impact of IT on different businesses.

Introduction to
Information
Technology

Table of Contents
ABSTRACT.....................................................................................................................................3
INTRODUCTION ..........................................................................................................................4
MAIN BODY...................................................................................................................................4
Literature Review........................................................................................................................4
Analysis and Discussion..................................................................................................................5
Impact by IT on different Business.............................................................................................5
Social and Ethical issues that helps in running business............................................................6
Computer Networks with their variant types and impact on businesses.....................................7
Artificial intelligence..................................................................................................................9
Advantages and also disadvantages in information technology ..................................................10
CONCLUSION .............................................................................................................................11
REFERENCES..............................................................................................................................12

ABSTRACT
In today's time information technology is the most important part and it helps in
managing the human life much easier. It provides the effective and the efficient methods through
which the business organization can manage their working properly. It includes cloud
computing, big data analytic, and all other methods through which the reach to the customer can
be made easy. IT provides to manage and maintain a trust able relationship between the customer
and the organisation. Their are so many social and the ethical issues which can be observed
regarding the privacy. Their are different kind of networks like LAN, WAN,MAN. It helps in
managing better communication with all.

INTRODUCTION
Information Technology is an application in which there are so many telecommunication
equipments which considers to retrieve, transmit, store and computers. In information technology
their involves so much of electronic data and all the different information which can thereby be
stored, processed and exchanged. This helps in storing the information in all the electronic
mediums. In business technology covers an important resource as this provides the process,
techniques and the general methods through which the activities in the organisation can be
managed in efficient manner. It considers to have so many investigation, with all the generation
of goods and services. In order to manage the operations in business their can be seen technology
plays a major role in sharing the information and maintaining the driving forces in between them.
In this report the organisation chosen is Barclays Bank which is a multinational universal bank
and it is headquartered in London, UK. It has about 83,500 employees working under them. This
bank focus on banking commodities, investments, asset management and many more (Zhou,
Chai and Sun, 2020). In this report their will be detailed discussion about the impact of IT on the
business ans also the importance regarding to all the ethical and the social issues. It will also
cover the computer networks with artificial intelligence.
MAIN BODY
Literature Review
According to Fortinet, 2020 it is important to manage all the computer networks and
systems on order to contemplate and manage various developmental areas. Various computer
systems manages information in order to frame the services with infrastructure and the support
through their strategical approach. Their consist of so many application of videos, voice and data
through which the information is delivered. IT have 3 important parts in which the major part is
computational data processing, with all the business software and decision support(Yen and
Chiang, 2020). This manages all the technical and the business areas and skills. In order to create
a interesting patterns in the job their can be made system analysers, web designing and other
parts through which the information technology can be applied. With the help of IT information
can be given to all the areas and also to the customers through which they manage their global
advancement and links in general banking products. According to technology trends, 2019 there

is been seen that the information technology covers the vast areas of internet through which all
the mediums and the IT umbrella is being generated. It provides different sources like hardware,
software, networking etc. through this all the data which is being made will be designed with the
help of IT(Wang, Kaushal and Khullar, 2020).
Analysis and Discussion
Impact by IT on different Business
In the modern time there is been seen that all the digital tools make the life easier and it
also provides the digitalization through which the business can be enhanced and the innovation
can be framed. With the changing time the demand for the technology is rapidly been increasing
and all the new business are being strategies through various information technology. As
Barclays considers to focus on making the profit for the company and so as to manage the work
in proper manner and also to create the fast and the optimum technical advancement in work they
implies the use of information technology. The main aim behind this is to create a efficient
work and management with the success and growth and also to connect with the clients,
customers and all the people in faster manner. Barclays focus on giving all the digitalised
services through which they manage all online customer services in order to manage and make
the work faster and to store important data within it. Some of the major impact of IT on business
are like: Automation in business process- This is an important method as it helps to save the time
of the company and also to manage the work flow and the efficiency of the company. It
focus on reducing the cost operations and will also manage all the activities which are
like, tracking metrics, collecting all the consumer data, billing, monitoring of different
areas and the processes. All these helps to make the work on the business areas easy and
manageable(Ueda and et. a., 2020). Cloud Computing- This focus on managing all the technical terms and meeting through
which the internet and the WIFI are being connected. It helps in the time management
and also in using the resources in proper and systematic manner. Cloud computing focus
on providing all the virtual services through which information and the general group
meets are carried out for all the storage of information and also in making the group
meets and the data storage.

 Customer Satisfaction- In all the business the main agenda of the organisation is to
satisfy the customers and to give them all the facilities through which they will stay loyal
towards them. Barclays try to implement and manage all the effectiveness as by making
online communication with their employees. They al;so raise the query platform in which
all the online suggestions and the messages are being allowed so as to make the customer
to feel trusted towards the company(Song and Wang, 2020). Information Protection- The main focus of all the customer is to maintain the privacy
and the company tries to do this at their best. In order to manage large business practises
it can be seen that information will have to be secured so no important content can be
moved out. Barclays try to manage all the high security data through which they
maximize the protection of the information and also provides various virtual protection
system so as to keep the customers information safe and trusted. They do not allow
anyone to access such documents and information.
Social and Ethical issues that helps in running business
In order to manage the information technology their can be seen that there are so many
ethical and the social issues which are been observed. It also provides wide operators and to
manage the access for unlimited users. Some of the major issues are like:
Ethical Issues Access rights- This is the most observed issue as there is been seen that in IT and also in
cyber space so much of advancement can be seen and that make the internet to be vastly
being used by all. The electronic payment and all the e-commerce creates an evolution in
internet banking and that provided major issues which are been faced. As important
information pins are been gone to the companies. Barclays in order to manage all this use
to ban for a particular time all the online services so as to know about the appropriate
users and the illegal intruders which are involved in it( Patel and et. al., 2020). Personal privacy- As information technology serves out to be connected with wide
networking system and that made it difficult to manage and implicate all the information.
When the disclosing of the information is been made and they use to generate that ll in
the operating systems, computers, software and a;l the large network areas that is at a
mean time is violation of the privacy of an individual. In order to make the information to

be easily managed the companies use to transfer it in various software which is a major
challenge for privacy in IT.
 Harmful actions- This involves all the major negative consequences which are being
concerned as this involved all the ownership, undesirable impacts and the loss of property
which are the major concern. As all the outsiders are restricted in order to manage and
use all the data which are being saved by the company and this at times make the
employees to alter the data and use accordingly sand creates a huge mess(Park, Liu and
Headrick, 2020)..
Social Issues Theft identity- The major issues which the company can face is frauds, there is been seen
that all the information to the employees are given of the customers and they can easily
access all that for any illegal and unauthorized activity. Their can be seen that various
online transactions and frauds can be made. Barclays tries to manage all the information
to be stored with high security so as to avoid frauds. Communication Breakdown- In the modern time period this can be seen that most of the
communications are being made with the mobile phones and there is no normal
communication is taking part. With the improve in the technology all the things are being
taken through the online medium and it creates a lack of verbal and face to face
interactions. Barclays also handles their customers with all the online medium with
digitalised patterns. Online Banking- The services are altogether being used through the mobile phones and
the customers are trying to do all the online transaction through phones. This can be a
probably as it made the fear and threat that so many times the devices are hacked by the
system and they try to make all the work being in easy manner(Mahmood, Weerakkody
and Chen, 2020).
Computer Networks with their variant types and impact on businesses
The networking in computer involves two or more different computer which helps in
sharing all resources which are made through network nodes. Their main aim is of transmitting,
exchanging data, sharing important resources. It considers to have multiple devices through
which the communication can be made in different devices. This mainly involves routers, hubs,
bridges and switches all these are hardware along with that business application through which

operating system in all the software is managed in computer network. They are differentiated as
through the size as well as their purpose of working. All those nodes involves fiber optics, with
wireless communication so as to connects software and also to allow managing and sharing
content. To manage all this flow of information different IP address are being taken as source.
Some of the important computer networks are like:
 LAN (Local area network)- this consist of all the connection of local networks through
which different computers are being connected on a office, schools and buildings, this
involves the personal computer to be managed with coaxial cable and twisted pairs etc. in
LAN the flow of information is comparatively faster and it also manage the high security
function through which the private data and working is being collaborated. The major use
of LAN in Barclays is to manage all the inside systems and software through which the
internet is been connected and all the internal systems are managed easily. This id an
inexpensive process which enhance the production of the company by managing the high
security system.(Kumar and Ayedee, 2021).
 MAN (Metropolitan area network)- This considers to have a larger network then LAN
and is comparatively smaller then WAN. The main focus of this network is to manage
and implicate all the geographical areas through which inter connections are being made.
The main focus of this system is to make the general connection of the citizens as for
business purposes like military services, reservations, bookings and all the colleges. It
covers a larger metropolitan range. Barclays in order to manage the link between the
businesses and their activities. This is generally faster medium in order to connect with
the employees and to the customers. And also provides high security functions through
which the company can manage their working effectively( Ahn and et. al.,2021). WAN (Wide area network)- This covers the vast network system through which all the
extended areas in the geographical regions are being carried out. It involves various
satellites, fiber optic cables, telephone lines and all the other connections that are being
made in the countries. The main focus of WAN id to manage all the activities through
government, education, business and other important fields. It covers a vast size as in
comparison to LAN and MAN, as Barclays considers to be a multinational bank it
provides different medium and platform to be interconnected with each other their mainly
provides all the functions and the areas like the connectivity to different countries and

also to manage high security of transmission of information through their location and the
general meaning and terms.
Artificial intelligence
This is a machine based natural intelligence which is being made in order to manage the
business activities and all the high tech works in the speedy manner. This considers to be a
simulation through which the human intelligence process is manages through machines and also
through various computer systems. This is a intelligence which is being demonstrated with the
help of machines and that is totally being different from the natural intelligence. It is founded in
1965 in order to solve the problems and also to manage the artificial intelligence. The main focus
and the agenda of this is to manage and enhance the learning, reasoning, knowledge, planning,
perception and other methods. All the artificial intelligence helps to provide the thinking and the
perceptions of humans to be mimic by the machines(Huynh, Hille and Nasir, 2020). It helps in
rationalizing all the goals and the abilities of the work through which the automatic manners and
the adaptations of values in the human work can be made. This generate the artificial methods
through which the intelligence is being framed and also to rationally implicate the process of
learning and reasoning. It provides several approaches through which the business operations are
being carried out and this also focus on giving and implying the enhancement in the business
activities. Some of the major impact on the business operation of the artificial intelligence are
like: Smart decision making can be made in business insights- This helps in managing and
implementing all the smart decision through which the valuable information and the
major generation of through data processing can be managed. It helps in managing and
providing all the questions through which data and the questions can be framed. AI
machines manages all the relevant areas and predictions through which customers needs
can be managed and helps in implementing all the predictions analytical. Enhanced Productivity with artificial intelligence- Due to the work load there is been
seen an immense pressure in the mind of employees which will directly affect the general
working and in completed work. Their is been seen that in all such cases their can be seen
that the artificial intelligence can help out to manage the work and also frames the
assignment and the general working in proper time period. Barclays manages the work to

be done in efficient manner by the help of artificial intelligence and also by enduring and
managing the risk to be covered through systematic ways. Time and money saving process- In analysis their can be seen that all the machines use
to manage the work in an efficient manner and they will there by contemplate and save
the time and money. As humans at a certain point of time meed to relax as over burden
and pressure can freezer their mind so they can implement an try to do all such work
accordingly. In all such areas artificial intelligence helps to manage large amount of data
and security to be done in a minute. Barclays manages to work with high efficient
technical machines and their working areas. This helps them to make the work in
systematic manner with less costing and proper time management(Baghizadeh, Cecez-
Kecmanovic and Schlagwein, 2020). Reducing error- artificial intelligence is designed in such a way that it can manage all
the work in efficient manner and there is no scope of mistakes which can be seen over
their. Their is been analyses that all such areas and the general methods can be efficiently
managed and this will implement and create the low possibility of errors. It creates
accuracy in the cash flow and also helps to manage opportunities in the business
management and advancement.
Advantages and also disadvantages in information technology
Some of the major advantages which can be seen in IT are like, it helps in managing the
communication in an easy manner as this provides all the internet, telephones and the other
mediums to be easily connected. Other then this it manages the storing of data in easy form as all
the relevant and the important information can be stored in faster and quicker manner with high
security. This provides less paper work as most of the work is being made in internet. And also
helps in giving the important information.
The major disadvantage are like it is a expensive process as to manage all such high
techniques machines and facility it will take more cost and money. All the personal data use to
flow to all the internet mainly in the e-commerce this also makes the unemployment as use of
machine make all the work are to be managed by it and effect the employment. Other then this a
major security issues is been seen which creates an immense pressure on all.

CONCLUSION
It is concluded from the above report that Information Technology helps in managing the
innovation and advancement in the business practises and this will manage the growth in future
with its impactful working. Their use to be managed different department which are like IT
where the documents are being safely managed. Their is been seen that various social and the
ethical issues can be managed. It is been seen that LAN,WAN,MAN manages all the computer
networks. Artificial intelligence regulates the different business operations which are being
managed ion the workplace.

REFERENCES
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