Innovative ways of interaction and communication using GSM Technology, satellite cable network, video and teleconferencing, etc Distance has become irrelevant in business transaction and dealings using e-mail and international World Wide Web. IT systems can produce: Students can learn to become independent and effective learners. Advantages of technology in business. In this era of mobile devices, workers and employees and connected with each other any time to converse business related issues in real time to get things on track without waiting for hours. Cost effectiveness - It feels free to send an email (although it isn’t); it’s without doubt cheaper than phone calls. Good IT use can get you ahead of competitors. Fast communication: If you are running a business and you want to communicate with your client then it is easy now. In terms of Functionality and Flexibility, internally IT can help improve infrastructure performance thus increasing functionality and the range of options that can be pursued. Information technology drives innovation and innovation is the path to business success. Computers and business software packages have exponentially increased employees' productivity by allowing them to provide data entry functions or review automated reports. Importance of information systems. Now with the use of ICT one can obtain all the necessary information needed in a Business. All with the use of ICT, one can communicate effectively with his/her business partner and with the help of ICT money cannot be carrying about rather than doing money transfer. This post identifies four ways in which technology can be better used to improve your business. Globalization or global village: ICT has turned the whole world into a global village. Benefits of technology in the field of business communication are also unavoidable. Let’s see the benefits of ICT! You can use skype or other online video calling service to video call with your client. ICT has not only brought the countries and people closer together, but it has allowed the world's economy to become a single interdependent system to contact either a business or family member. The findings of the study will enumerate the enormous benefits that ICT adds to the modern world business so as to encourage massive investment in ICT. By doing so you can save time and money. Resources. When they use the Internet and communication devices, they can enter a world of infinite possibilities and information. Arguably, the greatest benefit of information systems is their ability to give users the information they need to carry out tasks efficiently. Innovation in business has the same impact that steam had on the industrial revolution. Now that business has become very competitive, there is the need to use IT to remain ahead and in business. Even the simplest use of technology can dramatically improve your business' productivity and efficiency. 3. ICT (Information and Communication Technology) concentrates on the telecom and communication part like the internet, wireless network, phones etc. Across all sizes of organisations there is generally clear evidence of ICT (Information and Communication Technology), be it through, for example, the telephone, mobile/cellular phone, network switch/router, PC, laptop or tablet computer. Top 10 advantages of ICT 1. This is one of the main benefits of ICT for students and teachers. Similarly, the e-learning Nordic study shows an increase in the use of ICT to teach but not to innovate teaching methods: “ICT generally has a positive impact on teaching and learning situations, but compared with the ideal expectations; the impact of ICT on teaching and learning must still be considered to be limited” (Ramboll, 2006).