Information technology generally refers to all forms of technology used in the creation, storage, exchange and utilization of data, conversation and all multi-media forms of communication. With computer technology constantly changing and improving, businesses are being driven with the need for the right system that is based on the requirements and goals of their enterprise. They are considered business allies in an information-based economy.
What drives information technology is competition within the business environment and the progression of computer technology that it is a part of. The systems of technology involve varied shapes of many state of the art devices that help in the transmission of information to managers translating such information to their decisions in the organization’s operations.
There are many forms of information technology like computers, sensors, robots and decision support systems. The newest one being used in the market today are handhelds to help managers and subordinates to support their daily operations in the office. Due to the emergence of varied accounting system technology, Electronic Data Process Auditing now also known as Information Technology Auditing was launched to also cater to the need for technology control and as a response to utilize computers’ capacity for attestation services.
Information technology has revolutionized business operations. In shaping the structure and functions of work organizations, plants, and office, modern information technology is considered one of prime movers among many industries. When one talks about technology, it brings up a whole exciting world of computers and the Internet. It also prompts terms like server, intranet, security, firewall and network. Other terms in its jargon are Ethernet, VoIP and more.
Information technology has not always alluded to computers, but referred to the oldest information processor, which is the brain. Technology is perhaps man’s scientific attempt to imitate the brain’s efficiency in functions of communication and information storage. Thus it is essentially the communication, storage and processing of information that would suit the purposes of users.
Through the use of high technology in the form of state of the art computers and software systems, communication is well managed. Some companies refer to its Information Technology Department as MIS or Management Information Services. Large companies have bigger requirements for the Information technology departments with bigger responsibilities in information storage, information protection, information processing, information transmission, and even information retrieval. IT contributes to the success of these businesses as it works along side its human resources in accomplishing the organization’s tasks while reducing costs and opening new possibilities that have never been tried before by the company.