• The Importance of In Company Technology

    A June 23, 2005 news release in the Office of Advocacy, U.S. Small Business Administration, says that home computer owners are slightly more inclined to be business owners than non-computer owners. This report shows that technology and computing has become an inseparable part in the business world now.

    The Computer Tendency – A Brief History

    The past two decades have marked a tremendous increase in the number of home computers. With it, computer owners have invariably taken to entrepreneurship in several varied disciplines. As a result of the increase of technology, computers as well as the Internet, new techniques are developed for processing regular business activities easily. Minus the advent of technology, regular jobs would otherwise have taken and tremendous period of time and specialization. Undoubtedly, the computer symbolizes the top technology development in the last century as it relates to businesses now, both small and large. Improvements in the area have created a vast variety of business opportunities.

    Some Statistics

    In 2003, the U.S. Small Business Administration produced a report/survey that confirmed conclusively that more than 75% of small businesses owned computers and had greatly invested in new technology. Let’s try to understand the way in which they contribute to boost their productivity as well as what the computers mean to businesses.

    USE OF COMPUTERS IN BUSINESSES

    The fundamental reasons for the popularity of computers with small businesses are their efficiency, speed, low procurement price and more than other things, capability to handle multiple jobs with little chance for error.

    Office Routines: Almost always, companies loaded with the burden of the pressures of being lean and mean as well as growing workloads, fall back upon technology for most of the administrative jobs. This work comprises, among others, stock managing, bookkeeping and electronic mail. The advent of the Internet has also greatly given in bringing down the costs of advertising and communicating. The bottom line is, technology has reduced the entire cost of business operations.

    New management methodologies are simpler to implement because of statistical software. Also, companies are able to train their particular workers using in-house Six Sigma software programs, and as a result, save money on labor costs.

    It’s now possible to possess many business functions work on autopilot. It has opened up new opportunities for software development firms and business consultants. It is now possible to get an organization in America to have its data entry and client service centers in overseas countries such as Great Britain. In this way, businesses can service their customers.

    It is not easy to think of a scenario where companies can do without technology and computers now. It is rather hard to say whether companies depend on computers or computers created business opportunities.

    Specific strong, yet straightforward software has come to the rescue of small businesses in reducing their endeavors and opening up new stations. Easy programs like word processing and spreadsheets helps them keep an eye on correspondence and maintain finances accounts,. These programs permit the users to customize other functions and reports to match their specific business.

    Drawbacks

    Both women and men in business have adapted successfully to new technology. But the SBA report cites the typical decline in skill levels of individuals, which may eventually lead to an overall reduction of income amounts. It appears that folks tend to ignore and get used to technology doing all of the work their skill development. It is up to individual companies to make sure that their workers are still able to do crucial tasks minus the assistance of computers, if necessary.

    Posted by admin @ 8:50 pm

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