A fantastic atmosphere

Smart Solution is a company that wants to secure its growth and future by formulating plans for the organization. To achieve this goal, the company needs to improve the effectiveness of its decisions and future actions through information technology (IT) developments. This includes adopting electronic data interchange practices to reduce complexity, improving customer support processes to resolve seller-buyer disputes, using Bankers' Automated Clearing Services (BACS) as a secure method for transferring funds, considering cost as an important factor in not responding to IT development, training employees to develop creative thinking and decision-making skills, managing risks such as diverting financial assets, intellectual property theft, and implementing risk prevention tools like firewalls and disaster recovery. By doing so, Smart Solution can reduce the risk probability and avoid it in a significant manner, securing its path and bringing future growth opportunities.

SMART SOLUTIONSSmart Solution is considered a popular information technology research organization of Canary Wharf. It is a world leading information technology
advisory and research organization which is continuously enhancing its number of share in its potential markets. Smart Solution offers the
technology-related insight to its important clients to make the accurate and effective decisions every day. On the other hand, it can be said that
advancement in information technology is growing day by day. All this happening due to
advance and in-depth research. Recent development in IT software, hardware, and systems
enhance the competition level in the existing global environment. Smart Solution works with
its clients to research, analyze, and interpret the IT solutions of business within the context of
their individual roles. Its highly skilled research team enforces it to give their best by
performing hard efforts. It is necessary for an organization to go with the advancement and
technology prevailing in the existing market. If they not following it, they will not be able to
survive for a long time. Thus, it can be said that information technology advancement not only
brings growth opportunities but also improves the productivity of an organization.
RECENT IT DEVELOPMENTS IN HARDWARE, SOFTWARE, AND
SYSTEMS
Generally, it can be said that the face of information technology is changing speedily. As a
direct result of ongoing technological advancements and economic necessities, the
information technology industry is facing a large number of fundamental shifts. If they want
to remain popular, it is necessary for them to evaluate these developments closely and work
accordingly. Recent IT developments in software and hardware systems can understand by
following:
Hardware System Developments
Processors in computer came into existence by the innovation of Baron Jon’s Jackob
Berzelius. He introduces silicon which is considered as an important element of processors in
today scenario. After this very development made in the existing processors to improve its
features and working. After the introduction of computer processor various developments like
logic circuits, transistor, and the integrated circuit. The latest developments in the field of the
processor are the introduction of dual-core processors from both AMD and Intel. The dual-
core processor is designed with the two full CPU cores operating off of one CPU Package.
Data Storage technology in computers has transformed completely since the early models
from the 1920s. Data storage technology in computers introduced by Fritz Pfleumer during
1920. From 1920 till now it has made significant growth. Recently, cloud technology makes it
very easier and convenient. Cloud is providing a platform for various business organizations
building the next era of computing. Recent improvements in internet bandwidth enhance the
storage capacity in computers. For example, VMware managing its functionality by enhancing
data storage capacity of its systems.
CAD/CAM stands for Computer-aided manufacturing or Computer-aided-design. It is a
software utilized by engineers, artists, architects, and drafters to build technical illustrations or
precision drawings.
The wireless network came into existence with the development of radio communications.
After this various development has occurred in a wireless network such as Bluetooth, IEEE
802.11 and Wi-Fi. Nowadays a phenomenal growth has been seen in the wireless network.
Today it becomes commonplace for every application.
Most of the organizations use email as a primary source of communication. They also used
email for promoting their business on the internet. Internet email can function as an efficient communication tool for sharing necessary information.
Due to such features, it becomes very popular in the eyes of every business organization.
Software System Developments
Computer Aided Design

Development of Windows occurred over the span of five and a half years. Windows came into existence during 2001 from Windows XP. After this, a
lot of development occurs in the field of windows such as Window 2003, Window 7, 8, and Window 10. Window XP released with the features of
long-used Windows 95 kernel, powerful code, practical interface, memory management and improved application. But Window 2003 launches with
the additional features such as Compatibility, lower hardware requirements, speed and various others. Such developments made continuously to
maintain the profitability and usability of windows.
Application software integration is known as a process of bringing a function or data from one application program together with that of another
application program. Such type of process conducted by utilizing middleware, either written on a custom basis or packaged by a vendor.
Management information system considered as a computerized database of financial information programmed and organized in such a manner that it
produces continuous reports on operations of every department at every level in an organization.
On the other hand, Decision Support Software is considered as an interactive software based system which helps decision makers in compiling
necessary information from a combination of personal knowledge, raw data, business models, and documents to recognize and resolve problems and
make different decisions.
Electronic data interchange is the computer to computer exchange of data by standardized messages formatting, without the requirement for human
intervention. It replaces email, postal mail, and fax.
ROLE OF IT DEVELOPMENTS IMPROVE FUNCTIONING OF AN ORGANIZATION
Generally, it can be said that advancement in technology brings more opportunities for the organization to improve their existing business working.
Information technology proves very crucial in the success of every organization whether it is an IT organization or an FMCG organization. The role
of hardware and software components in improving the performance of Smart Solution can understand by studying the following:
Hardware System developments role in improving functioning of Smart Solution
Advancement in processors technology plays an important role in reducing the amount of complexity and overall manufacturing cost. If Smart
Solution utilize such type of advanced processors, it may conduct its research more effectively and accurately. It not only improves the quality of
research but also reduce the level of complexity engaged in it. On the other hand, advanced processors also permit the management to run its
organization at a lower clock speed. For example, Avecto earning huge profit by providing advanced security software with the high quality of
processors. Development in processors enhances quality of its offerings which ultimately influence its profitability and market image in its potential
market.
The increment in Data storage capacity of hard devices improves the data handling procedure of Smart Solution. Due to the data storage facility, the
organization can store a large number of data at a single place. This reduces the data loss problem of organizations. On the other hand, by storing the
data in a single place, one can easily identify and collect the necessary data as and when required. Due to this feature, the organization can manage its
time significantly. For example, Thomas Online benefits enhancing the sale of its software by enhancing their storage capacity. Development in
storage capacity of hard devices enhancing sale and popularity of its software's.
CAD Software utilizes a large number of organizations. With the help of CAD, Smart Solution can significantly improve its productivity. It is
because CAD enhances and improve the productivity of designer, professionals, and engineers. This ultimately proves beneficial for the success of
the organizations. On the other hand, CAD software makes the organization successful by improving its quality of the designs. For example, AECOM
organization using CAD software and improving its productivity. Due to its improved productivity it able to gain a 38.1% share of its potential
market.
With the help of wireless network, Smart Solution can significantly improve its communication style. Improvement in communication brings growth
opportunities by reducing the number of complexities and conflicts among the employees. For example, Intruit organization using a wireless network
such as Wi-Fi to manage its working effectively. Due to this, it not faces any problem regarding network and security problem.
Using e-mail improves the complexity and communication among staff members of Smart Solution. By using e-mail, the organization can
significantly save its time by sharing information with a large number of people in a single time. Email make the communication easier which further
brings positive output by growing organization productivity. For example, Synnex using email technology to communicate with its business partners
and other staff members. Due to this, it is known for its collaboration and effective product outcomes.
Software System developments role in improving functioning of Smart Solution

With the help of Windows, Smart Solution can build its brand more popular by conducting inexpensive advertising by using window. The window
offers such features, with the help of which organization will able to tell prospective customers on the street exactly what you do and who you are.
For example, Attenda using windows to improve the functioning of its offerings. It uses window for advertising of its brand. This will help the
organization in creating a good image in the mind of customers.
Integration of application software is an important function which can contribute enough towards the success of Smart Solution. It has been done by
promoting reliability process and transparency in its functions. This will help the management of Smart Solution in reduces the proneness to errors
effectively. For example, Workforce Systems using integration of application software to create a healthy and trustworthy environment in its
organization. This will be done by enhancing the level of reliability and transparency in organization operations.
Management Information System will prove very beneficial for Smart Solution. It is because with the help of management information system the
organization can build strong information and can also maintain its tangible benefits. It not only helps in creating strong environment but also helpful
in the storage of electronic data. A large number of organizations using it and earning enough benefits like Netbuilder, and Equal Experts.
Decision Support System improves the functioning of Smart Solution by enhancing its functioning efficiency and interpersonal communication
improvement. On the other hand, by using decision support system, the organization can minimize its research time. For example, Vacancy Filler
organization able to create a fantastic atmosphere by using Decision support system. DCS perform this by improving the effectiveness of its decisions
and future actions.
Electronic data interchange will improve the functioning of Smart Solution by lowering cost of its products, bringing accuracy in actions, and
enhancing research speed. For example, Clearswift reduces the level of complexity by adopting electronic data interchange practices in its
organization.
HOW ORGANIZATIONS RESPOND TO INFORMATION TECHNOLOGY DEVELOPMENTS
Sales and Marketing strategy to IT Development
Smart solutions want to secure its growth and future, for which the company is formulating plans for the organization as they want to increase the
sales of their products and offer best services to its client base. The organization provides financial assistance to their clients and also extend services
to other parts of the nation. The company is focusing on unique and latest services with solutions concerning technical matters of the client. The
company is improving the quality, cycle time and productivity to increase their marketing strategy and sales to IT development.
The importance of a customer support process for an online organization
Customer support process helps incredibly to resolve seller and buyer disputes. It helps to Interpret, understand and analyze the complaints of the
customer to resolve them quickly and make them feel ease. The approach of the customer care executives in Smart Solution involves being sincere
and sympathetic which involves being polite, maintaining decorum and sympathizing with them. It is very important for Smart Solution to keep the
customers inform about the marketing plan of the business and have transparent deals so that the action plan can bring out the satisfactory outcome
from the customer’s viewpoint. Furthermore, interacting and connecting with them can help to maintain a clear and concise communication with the
customers which may also help to admit and
BACS as a Source for secure funds transfer (either BACS, Direct debit or standing order)
BACS also known as Banker’s Automated Clearing Services is an organization which settles and clears the payment methods of UK like BACS
direct credit and Direct Debit and other managed provisions for third parties which includes, Biller update service, Cash ISA Transfer Service and
management and development and succeeding ownership of Switch service related to current account. The reduced service time for small charities,
small businesses and consumer for switching the current accounts for seven working days. The services and products offered by BACS are Direct
Debits which involves an instruction from Customer to their building society or bank which authorizes the organization to collect different amounts
from their bank accounts, mostly for regular payments which include everything. BACS Direct Credit enables the organization to make payments

directly into the building society or bank account. Current Account Switch service was established in 2013 which offers small charities, trusts, and
business, customers a way to switch accounts and give a greater choice to the customers to switch between banks.
Cost as an important reason for not responding to IT development
The major part of maintaining and establishing the cost of production and services are workers. The major input cost for Smart Solution includes
pesticides and fertilizers. But these costs also vary in size and type of organization. The companies always hesitate to spend much of cost for coping
with the dynamicity of environment as they need to spend much of their time and efforts to train the employees and update their technologies.
Staff training affects the decision to develop an IT system, within Smart Solution
Staff training greatly impacts the decision to form and create an IT system and is very important for Smart Solution that helps to progress. It also
includes the decision making, managing and creative thinking of people. It will also help the Smart Solution in addressing the weakness of
employees, improve the performance of worker, and perform all duties consistency, ensure the satisfaction of worker, increase the productivity,
improve the quality of products and services, reduce the cost of supervision.
RISK MANAGEMENT
While adopting all the above mentioned IT developments, Smart Solution can face huge risk and problems which may influence its functioning in a
negative manner. It is necessary for the organization to prepare effective risk measurement and management strategy to deal with them effectively.
While adopting the recent IT developments, Smart Solution may face the following risk:
Risk Analysis
Diverting Financial Assets: It is an important risk which can face by Smart Solution while implementing recent IT practices in its organization.
Diversified financial asset risk may cause huge monetary loss to the organization. In this risk, there are huge chances of account hacking. Hackers
may hack the data, and the whole money of the organization can move to hacker account.
Intellectual Property Theft: Another risk which the organization can face is Intellectual Property Theft. It is a type of risk in which there is the huge
probability of material theft. It is a theft of trade secrets, copyrighted, and trademark violations. It is considered as a growing theft with the
development of a large number of digital technologies and internet file sharing networks. Preventing intellectual property theft is the first function of
the organization.
Thus, it can be said that Smart Solution needs a strong team to analyze such type of risk on prior basis. If they are able to analyze risks, it can develop
effective plans and strategies to manage such type of risks.
Risk Measurement
Smart Solution can avoid all these risks by developing effective risk management strategies, and future plans. On the other hand, the below-
mentioned methods help the organization in resolving the above risks:
Firewalls
It is an important way of resolving the digital technology problems. Firewall works a gateway which helps the organization in avoiding all security
issues. Firewall secure the information technology traffic by the monitor and control the outgoing and incoming network traffic based on
predetermined security rule. If the organization install firewalls in their systems, they can prevent the unauthorized users from accessing to its
network.
Disaster Recovery
Another important method of IT development risk prevention is disaster recovery. Disaster recovery contains a set of procedures and policies which
enable the organization to recover its systems and vital technology infrastructure following a human-induced or natural disaster. By adopting disaster
recovery method, Smart Solution can focus more on its information technology systems.

Thus, it can be said that following both risk prevention tool the organization can reduce the risk probability and can avoid it in a significant manner.
This secures its path and brings future growth opportunities.
CONCLUSION
After Studying all this, it can be concluded that information technology developments play an important role in the success of Smart Solution. Recent
developments in hardware and software systems bring smoothness and efficiency in operations of organizations which ultimately help them in
improving the quality of their product offerings. Moreover, it is essential for an organization to follow the current scenario and technology
developments. By doing this, the organizations can significantly place themselves in the eyes of their target consumers which ultimately enhance the
sale of their products. Apart of this, it can be said that information technology environment surrounds with a large number of risk factors which can
influence the functioning and performance of an organization in a negative manner. So, follow prevention tools and making strategies proves helpful
in avoiding all such risks and uncertainties.