Information Technology and Business: Need or Luxury?
Since information technology was first used in conjunction with business, debate has emerged about the importance of this integration. Many argue that IT systems are not necessary for business survival, but are in fact very important for their growth, while there are others who argue the opposite of this statement. This article aims to clear the list of benefits having technology at work can have a business and its eventual growth using very simple terms. Our conclusion is that rather than just necessity, if used cleverly IT can shape the direction of your company
The business world has changed drastically over the last few decades.
This is because a new technology or new economy has been produced which is known as e-commerce. The premise of e-commerce is to sell things online without geographic boundaries and generate income by reaching a much larger and wider audience. It has roots in the incorporation of Information Technology systems into regular business and the growth thereof, due to them. There are many who would argue that IT does not really contribute to the growth of any organization, but it is, in fact, a necessity for the survival of any company in the world today, labeling IT as providing a minimal and necessary competitive advantage for most companies.
There are many ways that having an IT system benefits your company.
The main benefit that technology generates is bridging the communication gap. In an earlier and simpler time, companies could not develop well or overseas because there was no way that they could communicate efficiently over a greater geographical distance. Technology allows us many useful functions as video conferencing, e-mail, virtual office, etc. allowing companies to grow without changing their head-quarter. On a micro scale, communication is aided by connecting all employees via an efficient email system and virtual conferencing. It also provides clarity and multi-tasking as a piece of information can be circulated simultaneously between several parties. The second most important thing for a company is the human resources they invest in. Technology makes it a lot easier to hire and streamline individuals, keep employees connected and perform critical tests.
Technology also helps businesses advertise their job vacancies using various websites and networks on the internet. It also helps employers match the required or optimal fit as a potential candidate with the job vacancies provided. Another important thing that IT does successfully is saving a lot of valuable time, which was previously wasted by manual labor in terms of filing, typing, writing, etc. There are also many IT companies in Dubai that exist for the sole purpose of setting up IT systems and networks for companies that need them. This means that IT is offered as a professional service which is now being handled by external professionals.
Another important role that IT plays in the business world today is promoting cost effectiveness. Since nearly everything on the Internet is free and requires no actual physical presence, it eliminates the need for employees to travel to other cities to promote business. It is true that many businesses are shifted to Dubai due to tax breaks and in return, there are also some very capable IT companies in Dubai who comply and provide comprehensive and extensive assistance to provide better sales companies. In the end, spending a fortune on IT systems does not guarantee business growth; however, using IT systems efficiently and intelligently is sure to promise both capital and business growth.