Introduction to Information Technology

Introduction to Information Technology

ABSTRACT
This present report is based on the Information Technology within an organisation that
help in conducting the business activities in significant manner. In this, introduction part consist
overview of the report and about organisation. Literature review part has been completed by
using different sources such as government journals, books, internet sources and many others. In
this part, discussed about the main role of information technology in making business successful.
On the other hand, there has been studied about the different kinds of computer networking
technologies which helps business to running successfully.

Table of Contents
ABSTRACT.....................................................................................................................................2
INTRODUCTION...........................................................................................................................1
LITERATURE REVIEW................................................................................................................1
Role of IT in the success or failure of organisation....................................................................1
Ethical and social issues that pertain to running businesses.......................................................2
Identify and differentiate between various types of networking technologies...........................3
Importance of intranet and internet in Marks and Spencer.........................................................4
Different stage of system development life cycle.......................................................................5
ANALYSIS AND DISCUSSION...................................................................................................6
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................8

INTRODUCTION
Information technology is explained as use of the computers, networking, physical
devices and the storage to develop, process and exchange forms of the electric data. This deals
with computing consisting telecommunications, software and hardware in transmittal of the
information that facilitate communication. Information technology is mainly design and
execution of the computer networks for communication and data processing (Andrade and
Doolin, 2016). In business, Information Technology plays a necessary role and enhance business
productivity with saving, money, time and effort. HSBC is British multinational bank and
financial service holding organisation. It was established in year 1865 by Sir Thomas Sutherland.
In present report going to discuss about the role of IT in the success or failure of organisation.
There will be discussion about significance of Internet and Intranet in business. This report is
going to cover the various stage of the system development life cycle.
LITERATURE REVIEW
Role of IT in the success or failure of organisation
Information technology is helpful in attain the data through way of collecting and
transmitting for accomplish set business objectives. Technology gives the opportunities to
analyse the potential data with assistance of the significant organisational process. It plays a
necessary role in growing business, enhance performance, saves money, make improvement in
customer experience and increase managerial decision- making. HSBC is a multinational bank
and its aim to use the technology is to transform banking experience. It uses information
technology to power leading international bank of world, faster banking so that people can keep
their money safe and data secure (Bainbridge, 2013). On the other hand, HSBC can make the
communication better with various departments for achieving long term objectives within given
time period. Role of Information Technology in success of HSBC bank given below:
Helpful in Decision Making- Under this, an entity has undertake to make effective
decisions in context to accountability and system speed. In relation to HSBC bank, it needs to
make selection of the path for taking the better decision related to maintain premise, this
company acquire some online models to provide accurate information to consumers.
Fosters communication- Information Technology helps in make the communication
strong among different departments (Brown and et. al., 2012). It assures to minimize the errors