How Information Technology is useful in business, education, decision support system and inventory control system?

Information technology (IT) is concerned with technology to treat information. The acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based combination of computing and telecommunications are its main fields. The term in its modern sense first appeared in a 1958 article published in the Harvard Business Review, in which authors Leavitt and Whisler commented that "the new technology does not yet have a single established name. We shall call it information technology (IT)." Some of the modern and emerging fields of Information technology are next generation web technologies, bioinformatics, cloud computing, global information systems, large scale knowledge bases, etc. Advancements are mainly driven in the field of computer science. IT is the area of managing technology and spans wide variety of areas that include computer software, information systems, computer hardware, programming languages but are not limited to things such as processes, and data constructs. In short, anything that renders data, information or perceived knowledge in any visual format whatsoever, via any multimedia distribution mechanism, is considered part of the IT domain. IT provides businesses with four sets of core services to help execute the business strategy: business process automation, providing information, connecting with customers, and productivity tools. Information technology is starting to spread further than the conventional personal computer and network technologies, and more into integrations of other technologies such as the use of cell phones, televisions, automobiles, and more, which is increasing the demand for such jobs.

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Information technology (IT) benefits the business world by allowing organizations to work more efficiently and to maximize productivity. Faster communication, electronic storage and the protection of records are advantages that IT can have on your enterprise. Information technology has to do with computer applications, on which nearly every work environment is dependent. Since computerized systems are so widely used, it is advantageous to incorporate information technology into your organization. Computer-aided manufacturing ( CAM) this reduces labour costs, is more accurate and faster and can work at any hour of the day. The computer controls the machinery. Computer-integrated manufacturing (CIM) here, computers control the whole production line. Best example is in car production where robots undertake much of the work, reducing the need for labour to perform boring, routine tasks. Computer-aided design (CAD) Computers are used to help design products using computer generated models and 3D drawings. Reduces the need to build physical models to test certain conditions, known as prototypes. This can be expensive to produce just for testing purposes (e.g. aircraft or new cars. Storing and Protecting Information Information technology creates electronic storage systems to protect your company's valuable records. Storage systems, such as virtual vaults, keep information safe by only allowing certain users within your company to access, withdraw, add or change the documents. According to an article in Science Daily, IT security engineering systems protect your electronic information from being hacked, or wiped out during a technological disaster. Electronic security engineering means your valuable records will remain untouchable. Software and Applications Software is an important part of information technology which relates to computer applications that enable a company to generate, store, program, and retrieve data as and when needed. There are many software developed for different purposes. All operations in the business sector are carried out by software that are assigned for executing specific tasks. Without these computer applications the businesses wouldn't have been able to carry out their functions in a proper and efficient manner. Operating systems, ERPs, special purpose applications, and web browsers are some examples of different software. Running Businesses with Information Technology Small scale businesses need to buy software packages that would cater to their specific management, operational, and functional needs. For this purpose, they need to approach firms and IT manufacturers who deal in such software applications. Other IT services include Internet marketing and email marketing, web hosting and promotions, and

maintaining client networks. Larger businesses on the other hand have their own operational and functional employees who develop software applications and work on several IT needs of the businesses. They usually purchase ERP software to coordinate different processes and functions into a single application, which is actually more convenient. Manufacturing businesses may make use of servers and databases to store their vast data regarding inventory, B2B, B2C, FMCG (in the retail business sector), etc. Automobile manufacturers use computers to guide manufacturing and designing tools to function in a precise manner, ruling out the possibilities of any human error. Businesses all around the globe have to take the aid of information technology in some way or the other to keep themselves in sync with the market and the world. There are several departments in business organizations such as HR and recruitment, finance and payroll, administration, and security. All these departments utilize IT to carry out their respective operations in a productive manner and efficient manner.

Communication Communication is essential to the business world, and information technology gives your company the resources it needs to communicate quickly and effectively. Your IT department can hook your employees up with email, video conferencing equipment and internal chat rooms, so that they always have an efficient way to conduct business and communicate.

IT Useful in Education
Access to variety of learning resources In the era of technology. IT aids plenty of resources to enhance the teaching skills and learning ability. With the help of IT now it is easy to provide audio visual education. The learning resources are being widens and widen. Now with this vivid and vast technique as part of the IT curriculum, learners are encouraged to regard computers as tools to be used in all aspects of their studies. In particular, they need to make use of the new multimedia technologies to communicate ideas, describe projects, and order information in their work. Any time learning Now in the year of computers and web networks the pace of imparting knowledge is very very fast and one can be educated .One can study whenever he wills irrespective of whether it is day or night and irrespective of being in India or in US because of the boom in IT. Multimedia approach to education Audio-Visual Education, planning, preparation, and use of devices and materials that involve sight, sound, or both, for educational purposes. Among the devices used are still and motion pictures, filmstrips, television, transparencies, audiotapes, records, teaching machines, computers, and videodiscs. The growth of audio-visual education has reflected developments in both technology and learning theory. Laptops, ipod, mobile phone, iphone:The gadgets that are taking the place of textbooks and libraries.The internet connectivity has brought in a revolution in the minds of even babies. Education has taken a significant overhauling with technological advances being widely used in effective teaching and mentoring. Teachers have had to undergo a sea change in updating their online skills so as to reach their students. Online social networking :sites such as Orkut,Facebook keep students engaged for hours. Or it is games online.So,it is only imperative that we use online tools and gadgets to teach and get them interested in aiming for higher grades. Distance education :It is easier these days as laptops and internet connectivity have given the Universities faster means of reaching more students in real time. Authentic and up to date information

The information and data which are available on the net is purely correct and up to date. Internet, a collection of computer networks that operate to common standards and enable the computers and the programs they run to communicate directly provides true and correct information. Online library Internets support thousands of different kinds of operational and experimental services one of which is online library. We can get plenty of data on this online library.

IT Useful in Decision Support system

The decision support systems option educates the student in the design, implementation and use of computerized systems that support business managers in the decision-making process. A decision support system (DSS) is a computer system that typically encompasses mathematical models as well as informational databases and a user interface in order to provide recommended decisions to manager-users. It not only provides the user with information, databases or reports, as does an IS or MIS, but it also provides answers to user queries, i.e., decisions, through its modeling component. In essence a DSS is a computer system that helps managers make decisions. The job market for graduates of the DSS option is excellent. Over 100 companies and government organizations annually interview BIT seniors. DSS graduates typically obtain jobs in the information technology field. Job titles include consultant, technical consultant, systems analyst, systems developer, network administrator, management analyst, programmer analyst, project analyst, database developer, software developer, programming consultant, information manager, applications developer, and information management consultant, among many others. Numerous other types of companies and organizations hire DSS graduates to work in various IT-related jobs.

Useful in Inventory Control System

An inventory control system is a set of hardware and software based tools that automate the process of tracking inventory. The kinds of inventory tracked with an inventory control system can include almost any type of quantifiable good, including food, clothing, books, equipment, and any other item that consumers, retailers, or wholesalers may purchase. Modern inventory control systems are almost exclusively based on barcode technology. Though barcodes were initially developed to automate the process of grocery store checkout, their ability to encode a wide variety of alphabetic and numeric symbols makes them ideal for encoding merchandise for inventory applications. Inventory control systems work in real-time using wireless technology to transmit information to a central computer system as transactions occur. Scalability - the ability to be used on a large scale business as well as small and medium, and to be reliably expanded to whatever scale is necessary. Functionality - automates most needs of marketing, sales and support from prospect and client contact tools and opportunities management to billing history and bulk email solutions. Security - data encryption to ensure customer privacy by protecting its information from being stolen or abused. Usability - easy to use (user friendly interface). Product List - keep your products organized with pictures, prices, and categories. Units of Measurement - multiple units of measurement for products or items Locations - track inventory in multiple stores and locations. Purchase Order - print or send automatic via email. The system will check which items reached the amount to place the order Sales Order - create sales order and convert it to be invoice Access Rights - restrict access to group or individual employee to see or modify information and print reports Tracking - automatically or manual can track your product costs as well as stock.