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IT Adoption in SME Assignment

   

Added on  2021-01-15

13 Pages2539 Words47 Views
IT Adoption in SMEName: Tamanna Tanjum TishaID: 029-12-118Section: B

IntroductionThe study of systems such as computers or telecommunications for the storage, retrieval andsending of information could apply to information technology. All over the world, small andmedium-sized enterprises known as SMEs are rising. Such enterprises are small but, by theircontribution, play a vital role in the global economy. Since new technologies, like otherbusinesses, are evolving every day, in order to successfully carry out their duties, SMEs oftenincorporate information technology. In SME organizations, IT is modified to make activities andfunctions simpler. By embracing information technology, companies will compete with themarket's competitors. The adaptation of IT creates a positive influence on organizationalactivities that contributes to efficiency for organizations. 1

Information technologyInformation technology defines the technology that includes expansion, maintenance andinformation systems, software and networks practice for processing and information delivery.The commercial use of information technology includes computer technology and telephony forconducting enterprise operations. Architectures, methodologies and regulations are used togovern the use of data. Information technology consists of physical equipment, managementtools and applications to perform organizational functions. Purpose-built computers are designedto perform different tasks to perform the organization's functions. Because of informationtechnology and the expense of the devices, electricity costs and manufacturing costs, thecomputing capacities of the organization's machines are advanced. For instance, BMEBangladesh is one of the renowned organizations belonging to the SME group and the businessalso uses information technology for the functions of the organization.2

Information technology adoptionAdaptation to information technology is defined as the use by individuals or organizations ofinformation technology or technology-related services. For organisations, the adaptation tomodern information technology is challenging. Organizations adapt to new informationtechnologies with the expectation to increase productivity and performance improvement. Thegap between an administrative order and real operations is considered and the informationtechnology helps to reduce that gap. The organization's people need to fully understand theinformation technology processes. As organizations rely more on information technology, relatedjobs in information technology for experienced individuals are also growing day by day. Largeorganizations need to use IT within the organization's departments to manage a huge number ofbusiness functions. Nowadays, even small and medium enterprises are also adapting toinformation technology for easier organization tasks and function for better capabilities. All ofthese adoptions lead the organizations to increased profitability Figure: Information technology adoption modelFor example, Aptify, a SME in the UK, is a search retargeting service that focuses on users toprovide inventory to their desired audience, and information technology is used in theorganization's functions to get the organization's desired results.3

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