Business
CRITAC NEWS : Business : THE RELEVANCE OF IT IN BUSINESS
THE RELEVANCE OF IT IN BUSINESS
IT in business is the use of information technology to improve upon businesses and achieve their goals and objectives. Technology cuts across every sector to make sure work is done easier and that also goes to business. Technology also brings about innovation in business.
In the late 1990s, innovation was not relevant when it comes to business. The traditional way of handling business was very paramount, and a business could do well with that approach. For instance, the owner of a supermarket would be content with using a register to keep records of cash payment.
In this 21st Century, Technology is rapidly changing the business environment. The counting cash system and other relevant machines are now making payment of cash and keeping of records in such businesses easy. Accountability is assured as a workable machine will work effectively to produce the right tasks.
Most people who are into business, whether through studies or work normally think they have nothing to do with Technology. The misconception about how the implementation of technology seems difficult is no more. Many well-known businesses and even the smaller ones now work with basic technical tools like Excel to achieve great results. Business students are now thinking outside the box with all these tools.
At CRITAC, our Directorate of Innovation & Business Development deals with helping both businessmen and businesswomen to learn and bring out the most in their work.
We will be releasing our new online course on ways to innovate around your business soon.
Stay tuned for our online course on Business Modelling and Financial Analysis.