Definition (According to Information Technology Association of America (ITAA):
Information technology (IT) "the study, design, development, application, implementation, support or management of computer-based information systems, particularly software applications and computer hardware."
Benefits of IT & How it's Uses
- Maximizing Occupancy rates
- Tells a company/organization when to hire temporary staff
- Marketing the product or service
- Easier assessment of new products
- Improved profitability
"IT underpins the operations of individual companies, tie together far-flung supply chains & increasingly links business's to the customers they serve.(Nicholas Carr, p.3, "Harvard Business Review", May 2003 edition)
History of Business expenditures on I.T.:
History of Business expenditures on I.T.:
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