Course Project

Use of Information Communication Technology in business is key to business access. In most of the information is passed through the use of the technology device. This has led to a reduction in cost and length of time the information is passed. It has become a practice adopted by the business institution such that even within the same office employees communicate through slack or Trello (Kocarev, 2012).

Significance of Information Communication Technology

Implementation of ICT in the business sector has a greater cost because there is a new emerging use of technology in business management. Use of the data science and artificial intelligence in the business requires a huge amount of funding: first, it needs training of the manpower to work with the software and be able to properly implement the policy of the companies. Implementation of the emerging technology in the business sector is different and tedious as there are different intended use compared to other sectors. Again the cost of implementing technology in the business is higher since there are several devices needed to make a complete device that can function. Unlike other firms that only used the technology for mare purpose of communication. The company needs to implement ICT for benefit of business analysis identification, communication, and data security as well as market intelligence (Mach-Król, M. Olszak & Pełech-Pilichowski, 2015).

Conclusion

Presently, any organization that needs to succeed in the business should opt-in the use of ICT. Though the cost of installation and maintenance may be high it is important since it makes the management have secured business do several issues such as market implementation as well as communication (Salazar & Sawyer, 2007).

References

Kocarev, L. (2012). ICT Innovations 2011 [recurso electrónico]. Alemania: Springer Healthcare Ltd.

Mach-Król, M., M. Olszak, C., & Pełech-Pilichowski, T. (2015). Advances in ICT for Business, Industry and Public Sector. Cham: Springer.

Salazar, A., & Sawyer, S. (2007). Handbook of information technology in organizations and electronic markets. New Jersey: World Scientific.