Technological Business Application
Today’s business can not survive without technology, including information technology (IT). Excellence countries and companies are applying IT as a tool for competing. IT application has been proven can provide a competitive advantage for companies. So no wonder, all lines of business within the company use the IT as a support tool for the activity. IT application is considered has many significant benefits in order to increase company productivity.
Survey results have concluded that significant investment in IT is associated with productivity growth of a company and even determine the level of a country. The case studies in Europe also showed that more than 50% of productivity is achieved through IT investments.
So, what are the advantages that can be gained from the IT application in a company’s business activities: Enhance Competitiveness, the company can create a website for its products or services and put the website into search engines, sell & promote them in form of an e-mail through the mailing list, and use the chat facility as a tool for customer service. With this strategy, the company is expected to maintain its market share by doing this strategy.
Managing Risks, Different types of IT applications are also been available to assist the company’s management for managing and reducing the business risk, such as forecasting, financial advisory, planning experts and others.
November 22, 2010
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