Overview of IT in Business

Introduction to information technology and its impact on the business enterprise. Discusses the importance of information technology, its influences in the business world and economy, and provides definitions from various sources like merriamwebster.com and acm and ie computer society.

Details the components of information technology including computer systems, software, telecommunications, and the importance of these components working together to provide better information transmission.

Explores the ubiquitous presence of information technology in various fields like education, medicine, government, law, sports, entertainment, science and technology, agriculture, farming, banking, finance, manufacturing, and business. Discusses specific examples like computer-aided instruction in education, information technology in healthcare, use of information systems in government transactions, and more.

Highlights the uses of information technology in automating transactions and processes, improving communication, managing resources, capturing customers, facilitating collaboration, and innovation within businesses. Explains how information technology increases productivity, reduces business costs, improves customer service, widens customer prospect, streamlines business processes, enhances information management, ensures data security, and boosts production in the business environment.

Discusses specific information systems and applications used in the field of business including accounting information systems, office productivity tools, management information systems, decision support systems, enterprise resource planning, supply chain management systems, payroll systems, e-commerce, cloud computing, data management, data mining, management information systems (MIS), strategic and operational information systems (SSIS and OSIS), business intelligence systems (BIS), internet of things (IoT), and industry 4.0.