Information technology (IT), as defined by the Information Technology Association of America (ITAA), is “the study, design, development, implementation, support or management of computer-based information systems, particularly software applications and computer hardware.” IT deals with the use of electronic computers and computer software to convert, store, protect, process, transmit, and securely retrieve information.
Today, the term information technology has ballooned to encompass many aspects of computing and technology, and the term has become very recognizable. The information technology umbrella can be quite large, covering many fields. IT professionals perform a variety of duties that range from installing applications to designing complex computer networks and information databases. A few of the duties that IT professionals perform may include data management, networking, engineering computer hardware, database and software design, as well as the management and administration of entire systems.
When computer and communications technologies are combined, the result is information technology, or “infotech”. Information technology is a general term that describes any technology that helps to produce, manipulate, store, communicate, and/or disseminate information. Presumably, when speaking of Information Technology (IT) as a whole, it is noted that the use of computers and information are associated.
The term information technology is sometimes said to have been coined by Jim Domsic of Michigan in November 1981. Domsic, who worked as a computer manager for an automotive related industry, is supposed to have created the term to modernize the outdated phrase “data processing”. The Oxford English Dictionary, however, in defining information technology as “the branch of technology concerned with the dissemination, processing, and storage of information, esp. by means of computers” provides an illustrative quote from the year 1958 (Leavitt & Whisler in Harvard Business Rev. XXXVI. 41/1 “The new technology does not yet have a single established name. We shall call it information technology.”) that predates the so-far unsubstantiated Domsic coinage.
In recent years ABET and the ACM have collaborated to form accreditation and curriculum standards for degrees in Information Technology as a distinct field of study separate from both Computer Science and Information Systems. SIGITE is the ACM working group for defining these standards.
There are many people, who heared about the security tools, available for data protection. But it is not an easy issue to understand to those who are not software literate. In this article we will look at this issue in order to understand that.
With the growth of information technologies, people own a lot of professional or personal information, which has both a financial and emotional value. As people get vulnerable to numerous security threats, they become more and more aware of the ways they could overcome their vulnerability. And this security concern is common to all people, especially when it comes to lose something they possess. This is why the security products, available on the IT security market, are more and more commonly expanded in Europe and USA.
Among many people who rely on different kinds of digital assets in their businesses and private life, there are … Read More
Supporting business start ups & jobseekers. Staff from the Business Information Centre, Central Library, with Richard Bruton, TD, Minister for Jobs, Enterprise and Investment, at an event in the Printworks, Dublin Castle, 16th October 2014. The staff were at the’Taking Care of Business’ event to promote the programmed events and resources available in the BIC, Central Library. … Read More
“Entrepreneurs are not risk takers. They are calculated risk takers.” – Louie C. Green, Founder, The Green Group
As entertaining and awe-inspiring some famous rags-to-riches business stories may be, they leave out one important fact about achieving success as an entrepreneur – one does not simply leave it to chance.
A real businessman does not jump into a well blindfolded; he weighs all the pros and cons, considers every possibility, and assesses every decision before investing his hard-earned money into a venture. He must know what he’s dealing with, and he does this with business information.
Put simply, information is precise and relevant data that’s been analyzed within a context to give it significance. When used wisely, it becomes a powerful tool that can help the growth of an enterprise. So it’s no surprise that, over the years, people have built an entire industry around this very valuable commodity.
Though often linked to computer programming, system design, and telecommunications, information industry has a much wider range of influence in different disciplines. In the corporate world, it takes the form of business information where news, market research, company and executive profiles, economic analysis, IT research, and credit and financial information are the key products.
In this age of fast-paced and ever-changing market trends, economic activities have become information-driven, which means that those who have better access to firsthand information have the greater advantage. A solid background check before making any crucial financial decisions could save a company millions and billions worth of badly invested capital. It is also much easier to plan and allocate resources since when you have an insight as to which ventures are potentially profitable.
Numbers don’t lie. And when it comes to business, it’s wise to rely on numbers for a good indicator of economic trends. Reliable business information helps by painting a big picture of a scenario so that one would see the pattern of changes in each variable. By looking at these fluctuations, companies would see which variables are affected by others and how certain economic catalysts change the way the market behaves. This now turns into actionable information that aids in formulating strategic corporate decisions in the future.
Business Information companies can help support you in assessing risk through data. Analytics is already the name of the game these days. It is best to select a company that can help you transform old data into analytics report. This can support the decision making of the companies especially if this regards with employment attrition or other marketing strategies.
In the Philippines, there are number of business information companies that provide background checking of companies or individuals for both vendor or partner accreditation and even pre-employment screening. One of which is CIBI Information, Inc., established in 1982, CIBI has been in the premiere provider of credit and business information in the Philippines. As a credit bureau, CIBI also became the Special Accessing Entity (SAE) of Credit Information Corporation (CIC).
Credit Bureau companies are also efficient in … Read More