The Importance of Technology In Company
A June 23, 2005 news release in the Office of Advocacy, U.S. Small Business Administration, says that home computer owners are marginally more inclined to be company owners than non-computer owners. This report shows that technology and computing has turned into an inseparable ingredient in the business community today.
The Computer Trend – A Brief History
The past two decades have marked a tremendous increase in the amount of home computers. With it, computer owners have invariably taken to entrepreneurship in many varied fields. As a result of the increase of technology, the Internet, new approaches and computers are developed for processing regular business activities easily. Without the arrival of technology, regular jobs would have taken and enormous amount of specialization plus time. Certainly, the computer symbolizes the top technology development in the last century as it relates to businesses now, both little and big. Improvements in the area of technology have created a vast quantity of business opportunities.
Some Statistics
Let us make an effort to know what the computers mean to companies and the way in which they contribute to improve their productivity.
Office Routines: Almost invariably, businesses loaded with all the responsibility of rising workloads and the pressures of being lean and mean, fall back upon technology for the majority of their administrative tasks. This work comprises, amongst others, inventory handling, bookkeeping and e-mail. The arrival of the Internet has also considerably given in bringing down the expenses of promotion and communication. Technology the bottom line is, has really reduced the overall cost.
New Business Opportunities: The explosion of e commerce and Internet has opened up a plethora of chances for all types of businesses. New management methodologies, such as Six Sigma are not more difficult to execute due to statistical software. Also, businesses can train their very own employees using consequently, and in-house Six Sigma software programs, save money on job costs.
It is now possible to possess many business functions work on autopilot. It’s opened up new chances for software development companies and business consultants. Another company trend which has opened up as a result of advancing technology is outsourcing. It’s now feasible for a business in America to have its data entry and customer service facilities in overseas countries like the United Kingdom. In this way, businesses can service their customers.
It’s difficult to think of a scenario where companies can do without computers and technology today. It is rather hard to say whether businesses depend on computers or computers .
Software Specific To Small Businesses
Strong, yet simple software that is specific has come to the rescue of small businesses in reducing their endeavors and opening up new channels. Easy applications like spreadsheets and word processing helps them keep an eye on correspondence and keep accounts, finances. These applications allow the users to customize other functions and reports to accommodate their particular business.
Drawbacks
Both men and women in company have adjusted to new technology. But the SBA report cites the general decrease in skill degrees of individuals, which may eventually lead to an overall reduction of income amounts. It would appear that people often neglect and get technology that is used to doing all the work their skill development. It is up to individual businesses to ensure their employees remain able to do critical tasks minus the assistance of computers, if necessary.