Role of IT in Business Success

Introduction to Information
Technology

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Literature Review.............................................................................................................................3
The role of IT in the success of a business..................................................................................3
Ethical and social issues associated with businesses...................................................................4
Types of networking technologies...............................................................................................4
Importance of social media in business.......................................................................................5
Stages of software development life cycle...................................................................................6
Analysis and Discussion..................................................................................................................8
The role of IT in the success of a business..................................................................................8
Ethical and social issues associated with businesses,..................................................................9
Types of networking technologies.............................................................................................10
Importance of social media in business.........................................................................................11
CONCLUSION..............................................................................................................................12
REFERENCES................................................................................................................................1

INTRODUCTION
The report includes the role of IT in the success of the business, which is made clear by
the discussing the innovative tools, technology for improving the decision-making, improving
the customer support and improvement in the resource management. The ethical and the social
issues of the business like personal privacy, access right and harmful action. Different types of
networking technologies are explained and differentiated. The importance of social media in
travelling business such as promotion and advertising of the travelling agency like Trafalgar. The
explanation of different stages of the software development life cycle which have been explained
in through phases.
MAIN BODY
Literature Review
The role of IT in the success of a business
According to Asore (2019) innovation of the technology is associated with the
innovation. Innovation in the businesses can bring success. All the fields of businesses have
benefited from the information technology. The work which was done by people is now done by
computers with a fast rate and efficiency. Work like financial planning, research on technical
issues are done on computers. This is cost effective and time saving.
Innovative Tools
Іhnatenko and et.al (2020) states that information technology have given the businesses
the tool to solve the complex problems in seconds. Improved hardware which have more
memory to collect the data, faster processor to complete the tasks faster than ever and save time
and sharp displays to display the brands and their work effectively on the big screens at the malls
and airports can be seen has helped the businesses.
Technology For Better Decision Making
Bjerkan and Seter (2019) says a good decision has the power to convert the business into
a profitable direction. To take a good decision in favour of the company, the organisation choose
internet for the better understanding of the market. The information collected on the internet can
be used to understand the market needs and then after knowing the pros and cons the
implementation of any decision is going to be in the favour of the company. This can be done by
reviewing the public sentiments on the internet and online surveys to get feedbacks from the
customers.

Ethical and social issues associated with businesses
The information technology identify clearly the component used to keep, find and change the
information in a minimum limit with server which is having an operating system.
Harmful Actions
The harmful actions in the information technology is the negative deeds done to steal
some valuable information through internet access. Organisations can lose its valuables like loss
of trade secrets and ownership, such losses can impact the company's performance. The outsider
is restricted to use the information technology in any way which leads to the misuse of any
information of users like the employees of organisations. Harmful actions refers to the
intentional damage by making changes in the file which can lead to huge loss of resources. Extra
time and efforts are required to remove the harmful viruses caused due to harmful actions from
the hardware. The trade secrets are protected by the law of for trade secrets.
Personal Privacy
Park, Choi. and Ko (2020) states that the information technology provide the user with its
own hardware, software as well as operating systems which are connected to the server all over
the world and to the user itself. Huge amount of data transfers take place due to the large
distribution of the networks. These kinds of data transfer can cause leaks sometimes which can
disclose the important data to the wrong group of people and cause destruction in the
development of the company. The disclosing of the information causes violating the privacy of
the users. To protect such leakage of the critical information to wrong hands is a big challenge to
the information technology sectors.
Types of networking technologies
According to Pagani and Pardo (2017) a computer network technology is used to exchange the
data and information in the company such as messages and files through the email. The network
technology makes the data exchange extremely flexible, makes the communication and
accessibility better, cost efficient and increases the storage capacity.
The basis for the classification of network technology is transmission and the scale.
Based On Transmission
Point To Point