Introduction to Information Technology

INTRODUCTION TO
INFORMATION
TECHNOLOGY

Table of Contents
INTRODUCTION...........................................................................................................................3
Purpose........................................................................................................................................3
Background..................................................................................................................................3
LITERATURE REVIEW................................................................................................................3
Information technology and its role in retail business.................................................................3
Different types of networking technology...................................................................................4
Ethics and social issues of using technology...............................................................................4
Importance of intranet and internet in business...........................................................................4
ANALYSIS AND DISCUSSION...................................................................................................4
Role of information technology in Barclays................................................................................4
Various types of information system used in Barclays...............................................................5
Types of network technologies used in Barclays........................................................................6
Ethics and social issues in Barclays.............................................................................................7
Importance of internet and intranet in Barclays..........................................................................8
List and explain the different stages of system development life cycle......................................9
CONCLUSION..............................................................................................................................10
REFERENCES..............................................................................................................................11

INTRODUCTION
The concept information technology is used in various sector including business and related
with computer applications. It is an application and equipment which is useful in retrieving
storing and manipulating information. In this context several industries are concerned with
information technology considering software hospitals banks Healthcare e-commerce and so on
(Price and Shanks, 2016). It is broadly categorised under 3 factor including methods of decision
making processing of techniques and application of statistics.
Purpose
The purpose of this report is to understand the concept of information technology within
the modern business. It focuses on the analysis of the role of IT and its failure and success in the
company. It also analyse the ethical and social issues that are essential in order to smoothly run
the business. It also determines the types of networking Technology and also discusses the
significance of intranet and internet within an organisation. Despite from this it also explain
prominent stages of system development cycle.
Background
This report is in the context of Lloyds Bank which is the British financial institution founded
in 1995 and headquarters in England UK. Lloyds Bank is founded by the parliament of Scotland
and Bank of Scotland which is the 5th oldest Bank in the UK. The group activities of Lloyds
Bank are classified into retail banking commercial pension insurance and wealth and
international.
LITERATURE REVIEW
According to Lloyd, (2020), IT is the concept which is used by many organisation including
businesses in order to manage and organise their information and personal details. Information
technology is related with various elements who work together to collect store process and
regulate information that is helpful in controlling coordinating and taking decision in the
company.
Information technology and its role in retail business
Information Technology plays an important role to manage and arrange the difficult
structure of organisation. Because of enhancement in globalization the term supply and sale both
gets affected and also need to be arranging regarding the optimum utilization that should be

managed. IT is significant in Lloyds Bank to control and manage its concerning data that is
useful in enhancing the ability of company which is helpful in order to increase the speed and
flexibility by analyzing the information of customers.
Different types of networking technology
Networking is the procedure that is useful in connecting various devices that are useful in
exchanging the prominent information. These are considered as the connection method among
the computer and devices. Despite from this it is divided into few categories considering LAN,
MAN, WAN and so on that is useful to connect devices from the distance (Hemrungrote,
Jakkaew and Assawaboonmee, 2017). It also considers the small handy devices that spread
across the whole globe and also run with the prominent purpose.
Ethics and social issues of using technology
Within an organisation employers always consider the advanced technology because with
the technology they work become very easy concerning verifying the details of their employees.
It is also helpful for the HR department because it helps in collecting data about the candidates in
terms of recruiting and offering training to employees. Despite from these ethical issues occurs
in the company because of Technology concerning various areas like financial services
businesses and so on (Jakkaew and Hemrungrote, 2017). Ethics are related with the moral and
ethical areas of the company in which they provide their prominent vision towards the ethical
dimension of technological system.
Importance of intranet and internet in business
Internet is important because it describes the combination of several services that are used
by different departments of the company full stop it is essential in order to conduct better
research also makes communication easy and useful in getting updated. Moreover intranet
describe the computer network that offer by the company to connect their employees. Internet is
important because it is useful in enhancing the productivity of company save the time of
employees and also useful in improving the communication by eliminating the cost.
ANALYSIS AND DISCUSSION
Role of information technology in Barclays
Information technology is a concept which is used in retrieving storing and altering the
data which is useful in creating prominent information. Collection of information is useful in