The History Of Technology Today

Print   

02 Nov 2017

Disclaimer:
This essay has been written and submitted by students and is not an example of our work. Please click this link to view samples of our professional work witten by our professional essay writers. Any opinions, findings, conclusions or recommendations expressed in this material are those of the authors and do not necessarily reflect the views of EssayCompany.

Introduction

As we know today era is the technology era whereby everything have related with the technology and also at the same time technology help and make work thing goes smoothly and easy. But in this complex of the business environment have led to the changing some of the important thing that need to be change like new strategy toward business using the technology. It have make several business started to apply the information technology toward their business and with this information technology able to make their company to easy know who is their customer, buyer, supplier and vice versa. Many businessman still questioning is the IT can led their business to success or failed due to making such a big changes toward their system and operation using the IT can take a failed in term of managing the IT application that had been install or use in the company. Many businessmen today had success in term of applying IT in the business so that they compete with their competitor and what are the key that make IT become one of the key of business become success. We will discuss more detail about the key of the business become success by using the IT toward their business in nowadays.

Objective

For the objective of the information technology is a key for business success can be divided into several parts such as product development, cost efficiencies, process improvement, and competitive advantages.

For the [1] product development, by using the information technology toward the business enable increase or speed up the time to made product based on the technology level that the company use and also at the same time able to takes the new product to reach the market faster toward the end user. Other than that, through the information technology also enable the company to write about the product requirement document by gathering all the market intelligent that are come from the proprietary database, customer, and through the sales representative.

Next objective is the process improvement whereby through the process improvement enable the company to manage or review the sales, costs and other operating metric by using the system of [2] Enterprise Resource Planning (ERP) and this is one of the system that used in the database. This ERP enable to transform the industrial landscape buy making some improvement in term of manufacturing the product and manage their all the information that related with the database. On other word it’s also can be says that the ERP is suitable strategies business that can integrates all business function such as finance, manufacturing and also distribution.

Second objective is [3] cost effectiveness whereby through the information technology that had been apply in the business able to substantial the cost and at the same time resulting long term cost saving that are invested in the business.Besides,using the information technology enable to make the company to reduce their transaction and implementation the costs of the production. In term of postage, the company can use the email to make communication or transaction regarding the business and it allow the companies to save on the cost of the duplication and postage and at the same time able to maintaining and improve the product quality and the customer service toward the customer. The company can use the customer relationship management system to overcome their problem in term of satisfying the customer problem.

Last but not least the objective is in term of [4] competitive advantages where through this competitive advantage enable make the certain business can become competitive advantage. They can save the cost, process improvement, and rapid product development that able to help their business to gain and maintain as a competitive advantages in the market that they are conquer. If the competitive are using the internet as the flow to market their product so other company also can made the internet to promote and sale their product.The company can use the rapid prototyping, software simulation and other IT that are suitable with their business so that through the system enable to bring their product to the market with the cost of promotion are more effectively and quickly be known by the end user.

Body and Discussion

For the product development, how the information technology can lead to the business success whereby by using the information technology enable the company to increase the productivity of the product and at the same time able to take a short period to enter the market even the product is a new product. This can be happen where nowadays the information technology is nothing impossible as long as we had the money we can get the latest and most advance technology to market our product to the end user. Other than that, through information technology also can gather the information or feedback through the customer and the sales representatives about the product and at the same time can gather through the database that had been use by the company as the market intelligent. Besides, the company able to follow up the latest trend and demand that the customer need due to they have the ability and the software to make the product based on the requirement that suitable with the customer in a short period and this will make the company get the loyalty customer toward their product. Product development also able to make the company to decide the decision making quickly and effectiveness and reliable in term of achieving the company goal and customer desire without making any loses toward the company.

Meanwhile for the process improvement that use the information technology such as Enterprise resource planning (ERP) can be smoothly make the business success. As we known the ERP are system that use solve the entire problem that the company having such as in term of financial problem, supply chain problem and many more. The ERP able to manage the supply chain management in the company whereby the company can track the supplier that are purchase the product and at the same time make calculation for the material that needed to be distributed. Other than that, through ERP also can make the company to decide the product in term of what type of product needed to be produced based on the material and raw material that still available and the company possible to predict the demand of the product that have the higher sales at the market based on the history, economics, statistics and the data that they get from their employee. In other word, ERP system can integrate all the data and processes of an organization into a unified system.

By using the information technology that the company had been applied, it will give advantages to the business. The impact was in term of the cost effectiveness whereby through the information technology enables the businesses to computerize the business process by making the business become more extremely. The cost effectiveness when making the machines where the money that are spend in the machines that based on the information technology are more saving due to through the advance machines that the business buy enable them to produce more product than before. On other word, it permanently increase the productivity that at the end of the result will give benefits to the business through the increasing of the profit highly and made the working condition become more smoothly and relaxing due to the most of the thing that had been done was doing by the machine that apply information technology system.

By applying the information technology in the business also can make the streamlining a business process can be implemented by the lowest cost compare use the traditional ways. All the information technology are supported by the IT department and through the department enable them to maintaining the technology system and can reduce the cost from that where by the maintaining the system or machine are from the internal IT staff of the company itself. Besides, in this technology era the internet are easy to available and can access anywhere and any information regarding the thing that we want to know.

Thus, internet can make the cost effectiveness become lowest due to all the conversation with client, customer, supplier and vice versa can be done through the internet or advancing technology that the businesses use nowadays. It can impact the increased of the productivity, greater profitability, clutter free working conditions and global clientele and the result make their business become more cost effective and consequently more profitable whereby their business operate 24 hours every day even though that the company operate at the office hours only. But yet the operation still running through the internet so that the businesses can satisfy their customer through the customer relationship management system (CRM) and it dedicatedly make the information technology become more cost effective at the lower cost.

In the competitive advantages, many businesses are often differing in competitive scope so that it will become one of their competitive advantages compare to other businesses. Competitive scope is important to determine whether the businesses have the competitive advantages or not due to the competitive scope is a powerful tool in term of creating the competitive advantages. By applying the information technology enable give the business one of the competitive advantages due to it give the business ability to become difference between other businesses. Though the information technology, they can promote their product and service through the internet that can make their promotion of the product or service become faster and it all depended what kind of the technology that the company use. The higher the technology the higher they can attract the customer to come see their product and at the same time able to convince the customer to buy their product.

Information technology is permeating the value chain at every point, transforming the way value activities areperformed and the nature of the linkage among themselves. Today the information technology is spreading though out the value chain and is performing optimization and control function. Besides, other ways to gain the competitive advantage over the rival, the company must needed to make their product or service at the lowest cost and at the same time make their product and services special and unique compare to other. Using the new technology substitute the human to the machine in term making certain work such as nowadays using the technology enable to storage all the data easy in the computer compare to the traditional ways that needed to make the worker to record all the data in a book and through this can make the work become faster and easily to be handle.

Other than that, with the technology also enable to make it’s become more feasible to supply far more information along with the physical product whereby it can lead the business to communicate with other branches without needed to send a letter or telegram just using email can communicate with other branches faster and easily. The technology also can the ability of the company activities regionally, nationally, and also globally and at the same time can unlock the power of broader geographic scope in term making competitive advantages to their businesses.Information technology can create new business with the old one whereby with the information processing embedded in its value chain may have excess capacityor skill. Then, information technology can help in the strategy implementation process where by using [5] customer relationship management (CRM) enable they to solve the complain that made by the customer and also have the all the information of their customer and at the same time by using the information system, the company also can measure their activities more precisely.

Conclusion

For the conclusion is, information technology play an important role and key in term of making the certain business become successful and without information technology nowadays it will become impossible for the business to success in the market.IT continues to develop rapidly as the key underlying technologies of semiconductors, disk drives, and network communications improve at exponential rates.Therefore, every company must take note about the important of the information technology so that they can expand and follow the era of the information technology to make their business have the advantages to them. Information technology have the advantages and the disadvantages but yet company have the right to decide whether to use the information technology in their business or not and information technology give more advantages toward business nowadays compare to the disadvantages. With the right information and right people enable the company have the right knowledge about thebenefits of information technology toward their business.Constant improvements in the underlying technologies make possible new IT applications that affect all areas of society, including the economy, households, government, and the R&D enterprise.



rev

Our Service Portfolio

jb

Want To Place An Order Quickly?

Then shoot us a message on Whatsapp, WeChat or Gmail. We are available 24/7 to assist you.

whatsapp

Do not panic, you are at the right place

jb

Visit Our essay writting help page to get all the details and guidence on availing our assiatance service.

Get 20% Discount, Now
£19 £14/ Per Page
14 days delivery time

Our writting assistance service is undoubtedly one of the most affordable writting assistance services and we have highly qualified professionls to help you with your work. So what are you waiting for, click below to order now.

Get An Instant Quote

ORDER TODAY!

Our experts are ready to assist you, call us to get a free quote or order now to get succeed in your academics writing.

Get a Free Quote Order Now