IMPACT OF technology
COURSE CODE: COMP.8001
COURSE TITLE: IMPACT OF INFORMATIONTECHNOLOGY IN ORGANISATIONS
LITERATURE REVIEW
GAGANDEEP KAUR
STUDENT ID – 27011323
ASSIGNMENT TITLE: The impact of Information Technology on Productivity
Abstract
The information technology investments have increased significantly with time and advancement in technology. In this study, an attempt is made to highlight how the information technology influences the organization productivity. The correlation between the information technology (IT) and productivity was very argumentative. Many studies were conducted to identify the impact of IT on productivity conclude different results. It is impossible to estimate the productivity growth due to the availability of so many advanced computer technologies, as it’s tough to consider all parameters involved while calculating productivity growth. Several researches and studies were documented stating positive effects of IT on productivity growth. But still there were few against this statement.
Introduction
The advancement in the information technology made both consumers and business enterprises to use it. Computers, laptops, wireless communications etc. are all part of IT and incorporated in every industry. Enterprises invest in these technologies because it was assumed technologies will enhance productivity. Companies aim to generate more business and high turnovers through less investment. In a race to gain more efficiency, the enterprises are adapting new technologies. Huge investments are made on new technologies to survive in industry. The major challenge is to produce high quality goods and services at low prices.
Some enterprises understood the value and importance of information technology and used it to deliver more products in less time and more reliable and convenient services at lower cost. This will also help to gain competitive advantage over rivals. It was illustrated in a study to generate high productivity
COURSE TITLE: IMPACT OF INFORMATIONTECHNOLOGY IN ORGANISATIONS
LITERATURE REVIEW
GAGANDEEP KAUR
STUDENT ID – 27011323
ASSIGNMENT TITLE: The impact of Information Technology on Productivity
Abstract
The information technology investments have increased significantly with time and advancement in technology. In this study, an attempt is made to highlight how the information technology influences the organization productivity. The correlation between the information technology (IT) and productivity was very argumentative. Many studies were conducted to identify the impact of IT on productivity conclude different results. It is impossible to estimate the productivity growth due to the availability of so many advanced computer technologies, as it’s tough to consider all parameters involved while calculating productivity growth. Several researches and studies were documented stating positive effects of IT on productivity growth. But still there were few against this statement.
Introduction
The advancement in the information technology made both consumers and business enterprises to use it. Computers, laptops, wireless communications etc. are all part of IT and incorporated in every industry. Enterprises invest in these technologies because it was assumed technologies will enhance productivity. Companies aim to generate more business and high turnovers through less investment. In a race to gain more efficiency, the enterprises are adapting new technologies. Huge investments are made on new technologies to survive in industry. The major challenge is to produce high quality goods and services at low prices.
Some enterprises understood the value and importance of information technology and used it to deliver more products in less time and more reliable and convenient services at lower cost. This will also help to gain competitive advantage over rivals. It was illustrated in a study to generate high productivity
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