XXXX
Submitted to
XXXX
Industrial Engineering Department
Information Technology Trends:
Surge of Mobile Wallet/Payment, Advancement of Non-touch Interface, and Adoption of
Cloud Computing
Submitted by:
Section XXX
October 1, 2013
Introduction
Information technology (IT) is an innovation that has existed for long time now. For the past 20 years, both developed and developing countries have witnessed the significant developments and effects that IT has brought upon the world (Ogbomo, 2008). From the commercialization of the internet to the invention of the IPAD, numerous changes and improvements have already been made in the field of information technology. These changes are evident plausibly in every sector of society: Communication, Economics and such. Given that, nowadays, Society has a high dependence on technology with its daily activities, having a means of sending and acquiring information as quickly as possible is very important. Relating it to the field of work, IT plays a role in the development of softwares, management of projects and the like (Mitchell, 2013).
According to Ogbomo (2008), among all the possible technological changes that have influenced humans the most these past decades, information technology is the most significant.
In line with this emphasis on IT, it is worthy to highlight some of the most recent developments in the field of IT that will play, or continue to play, a significant role for existing and upcoming companies all over the world. This article will be focusing on three IT developments: Surge of
Mobile Wallet/Payment, Advancement of Non-touch Interface, and adoption of Cloud
Computing
Review of Related Literature
Surge of Mobile Wallets/Payments
Mobile wallet/payment also called the “mobile money” basically refers to the payment services that can be made via mobile devices. Aside from doing payments, consumers are