- When we want to assess the growing impact of IT in business firms; 5 factors should be considered as following:
1) Internet growth & technology convergence:
- The current networking & communications revolution is driven by: *The growth of the internet.
*Internet-based technologies.
*New business models & processes.
- There are 4 waves of IT development: 1- Enterprise: computer -Hardware & Software- industry. 2- Knowledge workers individual: consumer electronic industry. 3- Connectivity: communications industry. 4- Content industry.
WAVES OF IT (Information Technology)
Outlines of the future are clear: a world of near universal, online, on-demand and personalized information services; from text messaging to games, education & entertainment.
- The early manifestations of the convergence in internet & technology are as following: _ Telephone networks are merging into the internet.
_ Cellular phones are becoming internet access devices.
_ Handheld storage devices are emerging as potential portable game and entertainment centers.
_ Internet-connected PC is moving toward a role as home entertainment control center.
_ The traditional markets & distribution channels are weakening; and new markets are being created.
- In business -that is enabled by or based upon digital networks-, there are 3 terms:
e-business (Electronic business): It includes activities for internal management, & coordination with suppliers and other business partners, so it helps to use the internet & digital technology; in order to execute all of the activities in the enterprise.
e-commerce (Electronic commerce): It deals with the buying and selling of goods and services electronically with computerized business transactions, using the internet, networks and other digital technologies. It also includes activities supporting those market transactions.
e-government (Electronic government): It's the applications of the internet and related technologies to: first; digitally enable the government and the public sector agencies' relationships with citizens, businesses and other arms of government. Secondly; to improve the delivery of services, and not lastly; to make the government operations more efficient, and empower citizens by giving them easier access to information and the ability to network
electronically with other citizens.
1) Internet growth & technology convergence:
- The current networking & communications revolution is driven by:
*The growth of the internet.
*Internet-based technologies.
*New business models & processes.
- There are 4 waves of IT development:
1- Enterprise: computer -Hardware & Software- industry.
2- Knowledge workers individual: consumer electronic industry.
3- Connectivity: communications industry.
4- Content industry.
WAVES OF IT (Information Technology)
Outlines of the future are clear: a world of near universal, online, on-demand and personalized information services; from text messaging to games, education & entertainment.
- The early manifestations of the convergence in internet & technology are as following:
_ Telephone networks are merging into the internet.
_ Cellular phones are becoming internet access devices.
_ Handheld storage devices are emerging as potential portable game and entertainment centers.
_ Internet-connected PC is moving toward a role as home entertainment control center.
_ The traditional markets & distribution channels are weakening; and new markets are being created.
- In business -that is enabled by or based upon digital networks-, there are 3 terms:
electronically with other citizens.