Role of ICT in Business ITCA Lesson 1: Overview.

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Presentation transcript:

Role of ICT in Business ITCA Lesson 1: Overview

ICT Defined Information and communications technology (ICT) is often used as an extended synonym for information technology (IT), but is a more specific term that stresses the role of unified communications and the  telecommunications (telephone lines and wireless signals), computers as well as necessary enterprise software, storage, and audio-visual systems, which enable users to access, store, transmit, and manipulate information. Information Communication Technology (ICT) is a generic name used to describe a range of technologies for gathering, storing, retrieving, processing, analysing, and transmitting information.

ICT in Business ICT in a business environment can be used for: Recording Data, Storing data, Manipulating data and Retrieving data ICT is Used in Administration- Invoices, Communication, Emails Business, Finance and Accounting- Business Plans, Financial forecasting, Auditing, Market Analysis, Research, Recording Transactions Communications- email, instant messages, mobile phones Engineering and Creative Art- 2D and 3D Drawing, Modelling, Simulation Wildlife and Tourism and Hospitality- Animal Tracking, Hotel booking, GIS

Changing Business Landscape Global reach of Internet Technology: mobile phones can handle Internet communications Pervasive Computing- idea of putting powerful computer chips and functions into everyday things such as cars or household appliances. Fridges can now scan itself and inform you to procure goods online using GPS and location technologies The term “global” includes: global markets, global customers, global suppliers, global shareholders, and global opportunities. Highly competitive with companies competing across national boundaries

Three Spheres of Web Strategy

Technological Components Hardware Software Word Processing Spreadsheet Graphics Games Communication Databases Operating Systems File Management Tools Utilities Compilers Debuggers Assembler Application Software Systems Software

Internet, Email and E-Commerce Global Market Place E-Commerce Market Performance Price Comparison Sites E-Mail Messages can be sent to individuals and groups Quick Information Transfer E-Commerce Shopping 24/7 Low Overheads Global Market E-Marketing

How software improves efficiency Speed- Quicker processing times saves the business time and money. Transactions are processed on quicker on real-time Accuracy- with the use of verification and validation, data can be inputted more accurately. This can help with decision making. Data Handling- Can be inputted and manipulated anywhere on the market User friendly- Easy to use Capacity- Large quantity of data can be held with very little physical space

Computer Network A computer network is a group of computers connected to each other electronically. This means that the computers can "talk" to each other and that every computer in the network can send information to the others. The components of a computer network include: a computer, the router, the gateway, the bridge networking device, the switch for networking and the hub. Most of these are data terminal equipment and components of networking that are tasked with receiving or generating data. A virtual private Network (VPN) extends a private network across a public network, such as the Internet.

Virtual Private Network

Definition of terms A database is an organized collection of data. A computer is a general purpose device that can be programmed to carry out a set of arithmetic or logical operations A router is a device that forwards data packets between computer networks, creating an overlay internetwork. A network switch (sometimes known as a switching hub) is a computer networking device that is used to connect devices together on a computer network.

Specialist Software Enterprise Resource Planning Is used for decision making by managers Information is taken from internal and external sources Helps with various sectors of running a business e.g. product planning, project management, human resource management, finance, logistics, reports, engineering, manufacturing, production, etc Used for various accounting needs Management Information Systems Accountancy Software Enterprise Resource Planning Customer Relationship Management Enterprise Resource Planning Supply Chain Management

E-Business It is the transformation of an organization’s processes to deliver additional customer value through the application of technologies, philosophies and computing paradigm of the new economy Three primary processes are enhanced in e-business: Production processes, which include procurement, ordering and replenishment of stocks; processing of payments; electronic links with suppliers; and production control processes, among others; Customer-focused processes, which include promotional and marketing efforts, selling over the Internet, processing of customers’ purchase orders and payments, and customer support, among others; and Internal management processes, which include employee services, training, internal information-sharing, video-conferencing, and recruiting.

E-Business The major different types of e-Business are: Business -to- business (B2B); Business to-consumer (B2C); Business -to- government (B2G); Consumer -to- consumer (C2C); Mobile commerce (m-commerce).

E-Business Components Content & User Experience Content Strategy User Experience (UX) & Design Information Architecture (IA) Usability & QA Testing Application & Development Web development Data Warehousing & ETL Product data management Integration with business partners Operations (Order placement, order processing, & supply chain management) E-Marketing & Demand Creation Direct Marketing Email Marketing Search Engine Marketing, Search Engine Optimisation, Online Advertising Social Media management & monitoring Online Merchandising & Conversion Internal Site Search (searches performed on the website, not in a public search engine like Google) A/B & Multivariate Testing Online Merchandising CRM, BI, & Analytics Customer Relationship Management & Database management Business Intelligence Competitive Intelligence and Web Analytics CRM, BI & Analytics, ERP E-Business Model KPIs Deliver Insights Content & User Experience Online Merchandising & Conversion Specification Functional Traffic Application and Development E-Marketing & Demand Creation Completed Interface