Information Technology refers to the development, maintenance, and use of computer software, systems, and networks. It includes their use for the processing and distribution of data.
Data
Information, facts, statistics, etc., gathered together for reference, storage, or analysis
Computer Science (CS)
Focuses entirely on efficiently programming computers. Computer scientists use mathematical algorithms. They study theoretical algorithms and the practical problems that exist in implementing them through computer software and hardware.
Artificial Intelligence (AI)
Software technologies that make computers think and behave like humans. Most robots have artificial intelligence in their software.
Information Technology (IT)
Involves installing, organizing, and maintaining computer systems. It also involves designing and operating databases and networks.
Business Information Technology
Helps organizations in all industries to automate processes and systems to achieve objectives, increase revenue and reduce waste and inefficiency.
The purpose of Business Information Technology is to meet the growing needs of companies and the expanding expectations of customers.
Effective management of technology enables businesses to better serve customers by increasing employee engagement, access to information and flexibility in responding to business changes and challenges.
Importance of Technology in Business
Affects communication with customers
Improves customer care service
Affects business culture and class relations
Enhances security
Increases research capacity
Increases production
Helps manage human resources
Improves business communication
Acts as a catalyst for innovation
Cloud Computing
The on-demand availability of computer system resources, especially data storage and computing power, without direct active management by the user.
Examples of Social Media
Facebook
Twitter
Google+
Wikipedia
LinkedIn
Reddit
Pinterest
Business Applications of Social Media
Social media analytics
Social media marketing
Social CRM (customer relationship marketing)
Customer feedback
Enterprise social networking
Crowdsourcing
Web Conferencing
An online service by which you can hold live meetings, conferencing, presentations and training sessions
Social tools
Help employees access information and resources they need to work together effectively and solve business problems
Social media platforms
Help an organization stay close to their customers and make it easier to conduct research that they can use to improve business processes and operations
Crowdsourcing
Customers can use social networking sites to offer ideas for future products or tweaks to current ones
Crowdsourcing in IT projects
Engaging and blending business and IT services from a mix of internal and external providers, sometimes with input from customers and/or the general public
Web Conferencing
An online service by which you can hold live meetings, conferencing, presentations and trainings via the internet particularly on TCP/IP connections
Web Conferencing
Allows real time point-to-point communication as well as multi task communications from one sender to many receivers in separate locations
Depending on the service, either an application (additional software) is downloaded and installed or a web-based application is launched in the attendee's browser
Mobile technology
Technology that is portable; it refers to any device that you can carry with you to perform a wide variety of "tasks"
What consumers use their mobiles for
Calls
SMS
Mobile web
Apps
Games
Social networking
Music
Enterprise Content Management (ECM)
The systematic collection and organization of information that is to be used by a designated audience – business executives, customers, etc.
Components of ECM
Capture
Manage
Store
Preserve
Deliver
Capture (in ECM)
Creating information by converting paper documents into electronic formats, obtaining and collecting electronic files into a cohesive structure, and organizing information
Manage (in ECM)
Connecting, modifying and employing information through means such as document management, collaborative software, web content management and records management
Store (in ECM)
Temporarily backing up frequently changing information in the short term within flexible folder structures to allow users to view or edit information
Preserve (in ECM)
Backing up infrequently changing information in the medium and long term and is usually accomplished through records management features
Deliver (in ECM)
Providing clients and end users with requested information
Information technology has given business the tools to solve complex problems
Information technology allows businesses to make better decisions
Information technology has improved marketing
Information technology has improved customer support
Information technology has improved resource management
Innovation
The way to make more profits, faster
Jan Koum went from food stamps to billionaire because of his invention of WhatsApp
Business application software
Software built to facilitate certain business functions, improving the accuracy, efficiency, and effectiveness of operations
Application software
Software created for a specific purpose, generally a program or collection of programs used by end users
Examples of common application software
Microsoft suite of products (Office, Excel, Word, PowerPoint, Outlook, etc.)
Internet browsers like Firefox, Safari, and Chrome
Mobile pieces of software such as Pandora, Skype, and Slack
Data
Facts, concepts or instructions in a formalized manner which should be suitable for communication, interpretation, or processing by human or electronic machine
Information
Organized or classified data which has some meaningful values for the receiver