Impact Of Information Technology- In the last few years we are observing changes in all technological advances. Combined with supporting and the increase in power. The use of new information technology has been the reduced cost of communication. Because of technological advances and competition. According to Moore’s law the processing power of microchips doubles in 18 months.
This development presents many important opportunities but also presents significant challenges. Today, new information technology has far-reaching effects in many areas of society. The decisions of companies can create huge problems. Their social and economic things must be considered.
One of the most important impact of information technology is e-commerce. Although only a few years old, it can change economic and social activities. After all, it affects major sectors such as telecommunications, finance and retail. It can also expand into areas such as education and health services. It means the use of sophisticated information and communication technology throughout the digital.
1. Business, Commercial and Market Modeling
Information technology impact work is to reduce the value of distance. In many industries, geographic distribution varies . For example, some software firms have found that they can overcome a strong market. Besides, such arrangements can take advantage of the time difference. So that critical projects can be worked around the clock.
Firms can transfer their production to other countries rely on telecommunications for marketing. R&D, and distribution teams very close to the production teams. Technology can so allow for better impact of labor between countries. Which in turn affects the limited need for different skills in each nation. Technology makes various types of work and employment removed from each other.
Firms have greater freedom of access to their economic activities. Creating greater competition between regions for infrastructure, labor, finance and other labor markets. firms can further increase which tax authorities and other applicable regulations.
Computers and communication technologies also promote many forms of production and distribution. Computer and communication technology infrastructure provides 24-hour access product information on low cost. It Will impact information barriers to effective market performance. These may also provide the means to create real-time transactions and enable mediators. Like sales clerks, stockbrokers and tourism retailers. whose job it is to provide a vital information link between buyers and sellers, which is not required. Removal of intermediaries can impact in reduces costs in pricing and distribution.
Information technology has facilitated the emergence of advanced email sales. Where goods can be order on calls and online. It is sent to suppliers by integrated transport companies. Non-native assets, such as software, can be sent , removing the entire transit station. Payments can be made in new ways. The result is a mismatch between the entire distribution channel. With reduced costs, lower consumer prices, and higher profit margins.
The impact of information technology on the cost of manufacturing can be well illustrated. Key areas of cost reduction when conducting electronic trading. While setting up and maintaining an e-commerce website can be expensive. It is actually more expensive to maintain the front of the store than it is visible because it is always open. It can be accessed by millions around the world, and has a few flexible costs,
By keeping one ‘store’ in place of several, the cost of replacement is eliminated. E-commerce is very effective in reducing the cost of attracting new customers. As advertising is generally cheaper than other media and is more targeted. And that the order, receipt, and invoice are the same. Through e-commerce firms are able to move the support of many customers online. So that customers can access information or manual directly.
This greatly reduces costs while often improving service quality. E-commerce stores require very few, but highly skilled workers. E-commerce also allows you to save on acquisition costs. The sooner the input can be ordered and delivered, there is less need for large data. The impact on costs associated with reduced inventory is most evident in industries. Here the product has a limited shelf life. It is depending on technical expiration or falling prices (e.g. computers). Or when there is a rapid flow of new products (e.g. books, music).
While shipping costs may increase the cost of most electronic commodity products. It will increase the final price. Distribution costs are reduced in digital products. Like as financial services, software, and tourism. which are important categories for e-commerce.
Although e-commerce is a source of frustration for some mediators. It also creates greater confidence in others and a whole new level of mediation. Among the mediation services that can increase costs in e-commerce sales. It is advertising, secure payment online, and delivery. The limited freedom of being an e-commerce retailer and stores owners, leads directly for the amount.
This increases the importance of using advertising to establish a brand name and thus reflects the familiarity and trust of consumers. With new e-commerce start-ups, this process can be costly and represents significant transaction costs. The openness, global reach, and lack of physical indicators that are natural features of e-commerce also make it more vulnerable to fraud and thus increase some of the costs of e-commerce marketers compared to traditional stores.
New strategies are being developed to protect the use of credit cards in e-commerce transactions, but the need for greater security and user authentication leads to additional costs. A key feature of e-commerce is the delivery of direct delivery. In the case of material objects, such as books, this includes delivery costs, which causes prices to rise in many cases, thus counteracting many e-commerce-related savings and significantly increasing transaction costs.
With the Internet, e-commerce is rapidly expanding into a fast, global market with a growing number of participants. The open and global e-commerce environment is likely to increase market size and change market structure, both in terms of number and size of players and how players compete in global markets. Digital products can cross the border in real time, consumers can buy 24 hours a day, seven days a week, and firms continue to face international competition online.
The Internet helps to expand existing markets by cutting down on many distribution and marketing barriers that can prevent firms from gaining access to foreign markets. E-commerce reduces the details and costs of transactions operating in overseas markets and provides a cheaper and more effective way to strengthen customer relationships with suppliers. It also encourages companies to develop new ways to market, deliver and sponsor their products and services. While e-commerce on the Internet empowers the global market, certain factors, such as language, travel costs, local reputation, as well as cost differences and ease of access to networks, reduce this opportunity to a greater or lesser degree.
2. In the Workplace and the Labor Market
Computers and communication technologies allow people to communicate in ways that are consistent with traditional face-to-face methods, telephony and written methods. They empower collaborative work involving scattered communities of actors who often meet physically, if possible. This technology utilizes a world-class and ever-growing communications infrastructure, thus enabling 24-hour work and unparalleled communication and collaboration between individuals, groups and organizations. Public communication in organizations will be affected by the use of computers and communication technologies.
Peer-to-peer relationships between departmental lines will be enhanced by sharing information and coordinating activities. Communication between supervisors and subordinates will be more difficult due to public control issues raised by the use of computerized monitoring systems, but on the other hand, the use of e-mail will reduce communication barriers at different levels,
That the value of distance will be reduced by computers and communication technology also favors telecommunications, and therefore, has implications for residential patterns. As workers find that they can do more of their homework rather than one-on-one work, the need for homes in climatic and attractive regions may increase. The consequences of such shifts from remote areas to remote areas would be huge. Property prices will rise in popular areas and fall into cities.
Rural, historical, or interesting aspects of life and environment in newly attracted areas can be threatened. As most computers will be among the best and most highly educated, the demand for these high-quality and high-quality service areas such as good restaurants and clothing stores will grow. There will also be an increase in services of all kinds, creating and increasing employment opportunities for local people.
Since a change in employers would not require a change in residence, telecommuting should increase workflow and improve the pace of work. These upheavals can also reduce job stress and increase job satisfaction.
Since work stress is a major health risk factor there may be additional benefits in the form of declining health costs and mortality rates. On the other hand, one could argue that technology, by increasing the number of different jobs expected of employees and the many skills needed to perform these tasks, could speed up work and increase the level of stress and time pressure on employees.
A difficult question to answer is about the impact computers and communication can have on the workplace. The ability of computers and communications to perform common tasks such as bookkeeping much faster than humans leads to concerns that people will be replaced by computers and communications. The answer to this conflict is that even if computers and communications lead to the removal of some employees, more jobs will be created, especially computer specialists, and that output growth will increase full employment. It is very likely that computers and communications will lead to changes in the types of employees needed for different jobs than to a complete change of employment.
Many industries are involved in e-commerce. The distribution sector is directly affected, as e-commerce is a means of delivering and delivering goods and services. Other industries, indirectly affected, are those related to information and communication technology (e-commerce infrastructure), content-related industries (entertainment, software), commercial-related industries (financial sector, advertising, travel, transportation). ECommerce can also create new markets or expand market access beyond traditional borders. Growing the market will have a positive impact on jobs.
Another important issue concerns the interaction between e-commerce-impact services. Expenditure on e-commerce-related goods and services will create jobs indirectly, on the basis of the volume of electronic transactions and its effect on prices, costs and productivity. The integration of media, telecommunications and computer technology creates a new integrated network of feeds for the production and delivery of multimedia content and information. Most of the e-commerce-related work around content industries and communications infrastructure such as the Internet.
Jobs were created and destroyed by technology, trade, and change in the organization. These processes also have changes in job creation. Apart from the gains or losses brought about by these items, it is clear that employees with different skills will be affected differently. E-commerce certainly pursues the demand for IT professionals but also requires IT technology to go hand in hand with strong business application skills, thus highlighting the need for flexible, multi-skilled staff. There is a growing need for increased integration of Internet front-end applications with enterprise applications, applications and back information.
Many of the IT skills requirements required for Internet support can be met by low-paid IT staff who are able to handle the organizational services required for basic web page programs. However, wider local networks, competing websites, and complex network applications require more than just the ability to perform IT-specific IT work. As the skills needed in e-commerce are rare and much needed, e-commerce can accelerate skills growth in many countries by requiring highly skilled scientists to replace low-skilled information writers, financial managers and marketers.
Advances in information technology will affect and impact the art of complementary teaching rather than replacing traditional classroom instruction. Really a working coach works with a mix of roles. In one role the trainer is a service provider for students, who can be considered as their clients. But an active trainer plays another role and, as a student manager, also plays a role in motivating, motivating, evaluating and developing students.
For the impact, In any subject there will always be a small percentage of students with the necessary background, motivation, and discipline to study in automated workbooks or computer-assisted learning. For many students, however, the presence of a live educator will continue to work more effectively than a computer-assisted partner in helping with better academic outcomes. The greatest opportunity for new information technology lies in improving the productivity of time spent outside the classroom.
Making solutions to problem sets and shared assignments available online provides much easier. E-mail facilitates communication between students and technology as well as between students who may be participating in group projects. Advances in impact of information technology will affect the art of complementary teaching rather than replacing traditional classroom instruction. Really a working coach works with a mix of roles. In one role the trainer is a service provider for students, who can be considered as their clients.
But an active trainer plays another role and, as a student manager, also plays a role in motivating, motivating, evaluating and developing students. In any subject there will always be a small percentage of students with the necessary background, motivation, and discipline to study in automated workbooks or computer-assisted learning. For many students, however, the presence of a live educator will continue to impact more effectively than a computer-assisted partner in helping with better academic outcomes.
The greatest opportunity for new information technology lies in improving the productivity of time spent outside the classroom. Making solutions to problem sets and shared assignments available online provides much easier. E-mail facilitates communication between students and technology as well as between students who may be participating in group projects.
Although distance learning has been around for some time, the Internet is making great strides in the use and delivery of better education. Text can be combined with audio / video, and readers can communicate in real time via emails and chat groups. Such impact of technological advances are in line with the general need for retraining for those who, due to work and family needs, are unable to attend traditional studies. Online grades may go hand in hand with existing schools for children and university students, but it can have far-reaching consequences for replacing further education programs.
In some degree programs, prestigious institutions may use their prestige to attract potential students to a local institution. Due to the easy access to the Internet and the ease of use of reading grades, the total demand for these programs is likely to increase, which has led to growth in this e-commerce segment.
As shown in the previous section, high-level skills are essential to a technology-based economy and deep knowledge. Changes associated with rapid technological development in the industry have made the continuous development of technological skills a necessity for the economy. The goal of lifelong learning can only be achieved by strengthening and transforming existing learning programs, both in the public and private sectors. The need for education and training affects a whole range of modern technologies.
Impact of Information technology is particularly capable of providing ways to meet this need. Online training through online grades ranging from receiving self-study courses to complete electrical classes. These computer-generated training programs offer the flexibility of acquiring skills and are more expensive and appropriate than most traditional conferences and courses.
4. Private Life and Organization
Increasing the representation of a variety of content in digital form leads to duplication and dread of information simple and cheap. On the other hand, content may still be distributed at a lower unit price. On the other hand, distributing content outside channels that respect intellectual property rights can reduce the motivation of creators and distributors to produce and make content available in the first place. Information technology raises many questions about the protection of intellectual property and the new tools and regulations that need to be put in place to address this issue.
Lots and lots of issues around free speech and content management on the Internet, and there continue to be calls for ways to control unwanted content. However, it is very difficult to find a viable solution. Dealing with unacceptable issues involves understanding not only the ideas in these articles but also their emergence over time. In addition, the same technology that allows content to be modified in relation to modesty can be used to filter political discourse and block access to political material. Therefore, if research does not seem like an option, it is possible that the solution could be a label. The idea is that consumers will be better informed in their decisions to avoid questionable content.
The rapid increase in computer and communications power has raised serious concerns about privacy in both the public and private sectors. Reduced data storage costs and data processing make it possible for public and private data mining companies to collect data for all citizens. No one knows who is currently collecting data about people, how this data is used and shared and how this data can be misused. These concerns reduce consumer confidence in online and offline networks and, thus, hinder the development of electronic trading. The technology that protects privacy may be cryptography even though it can be said that cryptography poses a major barrier to criminal investigation.
Most of the information available on the Internet is incomplete and incorrect. People spend most of their time absorbing less important information just because it is available and thinking that they need to know more. Therefore, it is important to learn how people give credible information to the information they collect in order to develop and develop new loyalty programs to help consumers manage the most complete information.
Technological advancement inevitably leads to dependence on technology. Indeed the construction of critical infrastructure ensures reliance on that infrastructure. Certainly as the world now relies on its transportation, telecommunications and other infrastructure, it will rely on emerging information infrastructure. Relying on technology can bring dangers. Failure of technological infrastructure could result in economic and social collapse.
Deactivation of long-distance telecommunications services, credit data systems, and electronic transfer systems, and other such important communication services and information creation will no doubt create widespread economic disruption. Therefore, what should be considered is the exposure that comes from relying on technologies that have a reasonable probability of failure, no effective operational approximate, and high costs due to failure.
Such work can be instrumental in formulating social and technical policy. Decisions need to be made carefully. Many choices currently made will be expensive or difficult to change in the future.