Effects of Information Technology on the Business World

2003 ◽  
Vol 22 (3) ◽  
pp. 99-103
Author(s):  
Ihssan Alkadi ◽  
Ghassan Alkadi ◽  
Mike Totaro

This paper will address the effects of Information Technology on the business world. Technology is increasingly playing a crucial role in the success of organizations in the information age. The impact of Information Technology on business has been enormous. Computers and the information they process and store have permeated every aspect of the business world. The fundamental role of Information Technology is to enable businesses to find new ways to drive down the costs of products, processes, and improve performance. We use examples from five different companies/industries to show the different and dramatic effects that IT can have on a business. The television industry is using high-speed Internet to send digital dailies from location to directors and producers in Hollywood. The use of this technology eliminates the old method of dubbing tapes and then sending them via FedEx back to L.A. General Motors has used aggressive outsourcing and web-based services to increase production time. Where it used to take up to four years to get a vehicle on the market, it now takes less than two. With new management and a greater focus on quality and customer satisfaction, an aircraft company has seen its $ 15 million in debt turn into $ 243 million in revenues. These increased revenues were attained by using new software to help it get better organized. AT&T, the once Titan of the phone industry, utilized IT to get out of debt. Specifically, AT&T used web-services to allow all of its different systems to communicate. By using new software to translate three different business processes into one usable code, Cybex International used IT to fix its supply-chain mess.

2020 ◽  
Vol 1 (2) ◽  
pp. 128-146
Author(s):  
Miftakhatun Miftakhatun

The role of information technology in the current era is becoming large in aspects of life. One of them is in the State Owned Enterprises (BUMN) in the East Banyumas KPH. The technology applied consists of a web-based information system that is used to manage ticket data designated by Ecofo. The application of technology is inseparable from the issuance of risks that arise that can hamper business processes. The purpose of this research is to study emerging issues and ways to save in order to minimize risks later on. This study uses the ISO 31000 method which is a method that specifically discusses risk management which has 5 stages of communication and consultation, determining context, risk assessment, risk analysis, risk evaluation), risk use and monitoring review. The results of this study consist of documentation found that identified 24 risks that have 3 levels of high risk, 10 levels of medium risk, and 11 levels of low risk that can be used as a reference to improve, manage and finance information technology assets in the future.


Author(s):  
Ned Kock ◽  
Camille Auspitz ◽  
Brad King

This chapter discusses a course partnership involving Day & Zimmermann, Inc. (DZI), a large engineering and professional services company, and Temple University. The course’s main goal was to teach students business process redesign concepts and techniques. These concepts and techniques were used to redesign five business processes from DZI’s information technology organization. DZI’s CIO and a senior manager, who played the role of project manager, championed the course partnership. A Web site with bulletin boards, multimedia components and static content was used to support the partnership. The chapter investigates the use of Web-based collaboration technologies in combination with communication behavior norms and face-to-face meetings, and its effect on the success of the partnership.


Author(s):  
Arben Tërstena ◽  
Arta Jashari Goga ◽  
Bujar Jashari

Information technology (IT) as a structural factor and instrument transforms the architecture of organizations, business processes, and communication which is increasingly integrated into human resource management (HRM). It is an important part of the human resources work process. IT is designed to support HR professionals at all stages of management. This paper is focused on analyzing how information technology affects the improvement of human resource efficiency. The survey was conducted in private enterprises in Ferizaj, region (Kosovo), through questionnaires. Twenty employees/managers of manufacturing enterprises were surveyed who were well informed about the role of human resources in general and the impact on the efficiency of information technology. The results of the empirical study show that the use of new information technology improves the efficiency of HR and enhances the performance of the enterprise.


Author(s):  
Ned Kock ◽  
Camille Auspitz ◽  
Brad King

This chapter discusses a course partnership involving Day & Zimmermann, Inc. (DZI), a large engineering and professional services company, and Temple University. The course’s main goal was to teach students business process redesign concepts and techniques. These concepts and techniques were used to redesign five business processes from DZI’s information technology organization. DZI’s CIO and a senior manager, who played the role of project manager, championed the course partnership. A Web site with bulletin boards, multimedia components and static content was used to support the partnership. The chapter investigates the use of Web-based collaboration technologies in combination with communication behavior norms and face-to-face meetings, and its effect on the success of the partnership.


2017 ◽  
Vol 1 (1) ◽  
pp. 44-49
Author(s):  
Nur Azizah ◽  
Dedeh Supriyanti ◽  
Siti Fairuz Aminah Mustapha ◽  
Holly Yang

In a company, the process of income and expense of money must have a profit-generating goal base. The success of financial management within the company, can be monitored from the ability of the financial management in managing the finances and utilize all the opportunities that exist with as much as possible with the aim to control the company's cash (cash flow) and the impact of generating profits in accordance with expectations. With a web-based online accounting system version 2.0, companies can be given the ease to manage money in and out of the company's cash. It has a user friendly system with navigation that makes it easy for the financial management to use it. Starting from the creation of a company's cash account used as a cash account and corporate bank account on the system, deletion or filing of cash accounts, up to the transfer invoice creation feature, receive and send money. Thus, this system is very effective and efficient in the management of income and corporate cash disbursements.   Keywords:​Accounting Online System, Financial Management, Cash and Bank


2020 ◽  
Vol 19 (12) ◽  
pp. 2225-2252
Author(s):  
E.V. Popov ◽  
V.L. Simonova ◽  
O.V. Komarova ◽  
S.S. Kaigorodova

Subject. The emergence of new ways of interaction between sellers and buyers, the formation of new sales channels and product promotion based on the use of digital economy tools is at the heart of improving the business processes. Social networks became a tool for development; their rapid growth necessitates theoretical understanding and identification of potential application in enterprise's business process digitalization. Objectives. We explore the role of social media in the digitalization of business processes, systematize the impact of social networks on business processes of enterprises in the digital economy. Methods. The theoretical and methodological analysis of social networks as a tool for digitalization of company's business processes rests on the content analysis of domestic and foreign scientific studies, comparison, generalization and systematization. Results. We highlight the key effects of the impact of social networks on the business processes of the company; show that the digitalization of business processes should be considered in the context of a value-based approach, aimed at creating a value through the algorithmization of company operations. We determine that social networks are one of the most important tools for digitalization of company's business processes, as they have a high organizational and management potential. We also systematize the effects of social media on company's business processes. Conclusions. We present theoretical provisions of the impact of social networks on business processes of enterprises, which will enable to model and organize ideas about the development of digital ecosystems and the formation of business models.


2019 ◽  
Vol 7 (1) ◽  
pp. 62-72
Author(s):  
Shatha Abbas Hassan ◽  
Noor Ali Aljorani

The increasing importance of the information revolution and terms such as ‘speed’, ‘disorientation’, and ‘changing the concept of distance’, has provided us with tools that had not been previously available. Technological developments are moving toward Fluidity, which was previously unknown and cannot be understood through modern tools. With acceleration of the rhythm in the age we live in and the clarity of the role of information technology in our lives, as also the ease of access to information, has helped us to overcome many difficulties. Technology in all its forms has had a clear impact on all areas of daily life, and it has a clear impact on human thought in general, and the architectural space in particular, where the architecture moves from narrow spaces and is limited to new spaces known as the ‘breadth’, and forms of unlimited and stability to spaces characterized with fluidity. The research problem (the lack of clarity of knowledge about the impact of vast information flow associated with the technology of the age in the occurrence of liquidity in contemporary architectural space) is presented here. The research aims at defining fluidity and clarifying the effect of information technology on the changing characteristics of architectural space from solidity to fluidity. The research follows the analytical approach in tracking the concept of fluidity in physics and sociology to define this concept and then to explain the effect of Information Technology (IT) to achieve the fluidity of contemporary architectural space, leading to an analysis of the Skidmore, Owings and Merrill (SOM) architectural model. The research concludes that information technology achieves fluidity through various tools (communication systems, computers, automation, and artificial intelligence). It has changed the characteristics of contemporary architectural space and made it behave like an organism, through using smart material.


2020 ◽  
Vol 62 (3) ◽  
pp. 143-161
Author(s):  
Milan Miljković

The collection and analytical work of modern intelligence services faces numerous challenges because the environment in which the services operate is characterized by the need for rapid data collection, analysis and decision-making, almost in real time. When we consider security work, the growing dependence on modern information technology makes the information structure of services sensitive and "vulnerable" to information attacks. Also, the application of information operations as a form of performing secret actions has been updated. Information technology has also changed the relationship between the service and users, introduced the possibility of applying the "pull" architecture for obtaining information, which, in addition to the good sides, also brings certain challenges. Due to all the above, the intelligence services are adapting to the technological, organizational and cultural changes brought about by the information revolution. The paper reviews the challenges in the work of modern intelligence services, primarily from the aspect of the impact of mass application of modern information technology on operational and analytical work, as well as the application of secret actions in the work of services. The aim of this paper is to point out the numerous challenges that the information revolution brings to modern intelligence services. A comparative analysis of the presented research material leads to the conclusion that the services encounter new tasks and ways of functioning in all their activities, which ultimately raises the sensitive issue of their reform. The conclusion reached in this paper is that the reform of intelligence services in the "information age" is in any case necessary, but that its implementation should not be revolutionary, but must be carried out evolutionarily.


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