Examples of Information Technology in Business

Examples of Information Technology in Business

Information technology in business can be used to influence the structure of an industry. Companies have permanently altered the bases of competition by pioneering new innovations, forcing others to follow. Examples include American Airlines, Citibank, and USA Today, which have pioneered the use of automated teller machines, computerized reservations systems, and the transmission of newspaper pages to decentralized printing plants. Companies should look for ways to influence this kind of structural change, and find ways to lead the way.

Applications

Applications of information technology in business can be found in a variety of fields, from online shopping to bill payments and funds transfers. Today, companies use information technology to make it easier for consumers to find products and move money around the world. With the help of the Internet, consumers can buy virtually anything from a wide variety of companies. Similarly, companies use information technology to improve customer relations. For …

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