The Impact of Technology and Internet on Individuals and Businesses

This presentation discusses the revolution of technology and its impact on companies and industries. It explores the classification of computers based on their applications in the real world. Additionally, it highlights the importance of the internet for individuals and businesses, including its role in communication and information access. The presentation also covers the use of social media by businesses and its benefits in terms of customer engagement and brand awareness.

TECHNOLOGY

INTRODUCTION
The innovation of technology has revolutionized companies and industries. It
has created a great impact on the way of doing business. Moreover, internet is also playing a
vital role in providing large source of information and data to business as well as individuals.

TASK 1
The classification of computers with their
applications in the real world is given as below:
• Super – They are most powerful and largest in storage
capacity basically designed to store large amount of data
and perform trillion of calculations within micro seconds.
• Mainframe- they are smaller in size as well as storage
capacity as compared to super computers. It can process
millions of information per second. Generally, they are use
by universities and banks to process information quickly.
These computers are capable of supporting thousands of
users.

Cont.…
• Mini – These are smaller than mainframe and less
expensive as well. They are generally preferred as
servers that are used by small and medium sized
businesses. Mini computers are commonly used in
schools and hospitals.
• Micro – They are basically known as personal
computers (PC) or desktop used for individual
purpose. It consists of one CPU, monitor, keyboard,
etc. and other devices. PC range can vary according to
their storage capacity and memory.

Cont....
Classification on the basis of purpose:
• Embedded computers – These are specially designed to perform the specific functions. It can only be
used for that purpose and cannot be used as general purpose computers. They contain microchips that is
embedded in devices like microwaves, washing machine, etc.

Cont....
• Robots – They are also computing devices and controlled by another person. Robots are emerged as high
level of computers that can perform monotonous tasks. Many companies are highly using robots in their
operations. They are designed to perform the activities like welding, riveting, etc.

TASK 2
Importance of internet for individual and business
Internet has transformed the lives of human beings. It has provided a platform for individual as well as
business to communicate and share information all over the world. Also, it is important for both in their
own ways that are as follows:

Cont....
Importance to individuals
Internet is a source through which any information is available to people in quick time. It has played a
crucial role in changing their lifestyle. Also, it has made the lives of people easy. Now, everything that
people want to know is available on internet. The main advantage is that it has provided them ease in
communication.

Cont....
Importance to business
• In the present era, business has changed their way of
operating. Internet has become a useful part in day to
day operations of business. Most of the companies are
implementing technological tools and applications.
• These are installed in machines and used in various
operations. Moreover, internet has made it easy for them
to communicate with different units and departments..

Cont....
• Furthermore, internet has simplified the way for business to collect and record information that is used
to develop strategies and determine the needs of customers.
• It has also allowed them to choose from a variety of products available.

TASK 3
Use of social media by business
• The implementation of technological application and software
by business has also enabled them to use social media
platforms. Likewise, internet and social networking sites have
also emerged as a way of doing business.
• They are able to interact with stakeholders and customers
more effectively.

Cont....
• The various ICT tools are installed which have helped in increasing the efficiency of business. Along
with this, by gathering information from social sites, business identifies loyal customers and then offers
and discounts are provided to them.
• This has led to rise in generating leads and converting customers to buy company’s products. Social
media is the best way to engage and communicate with customers.

Cont....
• It has resulted in increase in sales and profits. Also, by using social media, business has
generated brand awareness in the minds of people. Website has been developed to provide
24/7 services to people. Thus, by posting blogs, images, etc. on social media website, traffic
is increased.

Cont....
• Social media is highly and effectively used by business in promoting and advertising their
products. This has enabled them to provide detailed information about various products and
services to people instantly.
• Moreover, business is able to take feedback of customers instantly.

CONCLUSION
Thus, it can be concluded that internet has changed the overall mechanism of world. It has created
a platform through which information sharing has become easy and flexible. Due to internet, there has been
continuous advancement in technology. It has resulted in innovation of various new ICT tools and
equipment.

REFERENCES
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Wu, S.P.J., Straub, D.W. and Liang, T.P., 2015. How information technology governance mechanisms and strategic
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