Changes in Information and Communication Technology

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CHANGES IN TECHNOLOGY

Introduction

The way business is conducted today differs completely from the way it was done decades ago. This has been brought about by the incredible changes that have occurred in communication and information technology. The world has been transformed into a global village. Movement of information from place to place is getting faster and faster each day.

In each passing decade, our society has been changed by technology tremendously. Each new technology improves the way we handle transactions and makes communication quick and cheaper. Enormous amount of information can be accessed and moved with much easy. Nowadays paper technology is being replaced quickly with most of the transactions being done through machines to save money and time, at the same time provide exceptional services. In the business arena, transactions over the internet have resulted into “electronic commerce”. It is a very efficient way of communication. Electronic commerce has caught the attention of everybody including governments and individuals.

The Internet began when governments put together efforts to enable speedy communications by researchers who where undertaking various national security projects all over the world. Up to date, the volume of Internet servers has been on a constant increase after each six months. Research has shown that 1 in every 11 individuals are active online. The internet is perhaps one of the places where an individual can get almost any kind of information as well as get an excellent tool to use in communication quickly. It is evident that the future of communications technology and business commerce lies in the Internet. Another name for the internet is the Word Wide Web (WWW). However, “The W...

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...th the suppliers and also help him acquire new ones.

The information from the Internet can be helpful in getting to know more about modern production technologies, and also about export markets.

References

Bonfante, L. (2011). Lessons in IT transformation: Technology expert to business leader. Hoboken, N.J: Wiley.

Draheim, D. (2010). Business process technology: A unified view on business processes, workflows and enterprise applications. Heidelberg: Springer.

Guffey, M. E., & Loewy, D. (2013). Essentials of business communication. Mason, OH: South-Western Cengage Learning.

Lake, S. E. L., & Bean, K. (2008). Digital multimedia. Mason, Ohio: Thomson South-Western.

Leondes, C. T. (2005). Intelligent knowledge-based systems: Business and technology in the new millennium. Boston, Mass: Kluwer Academic.

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