Advantages and Disadvantages of IT

Advantages of IT

1.      With the help of information technology, business information is just a touch away from users reach.

2.      The bundle of record maintaining and paper work is converted in small packet in shape of 3 inches flash drive.

3.      Through information technology, our labor cost is greatly reduced in business environment.

4.      Businesses can successfully communicate in very fast time with their targets.

5.      The use of information technology has globalized the business people.

6.      By using information technology, businesses are able to create and sustain competitive advantage.

7.      Higher profit generation has become possible through information technology.

8.      Information technology has resulted in learning new techniques of businesses.

9.      Information technology has resulted in innovation changes in business environment.

10.  Online business has made the reach of customers very easy to different business offering.

 Disadvantages of IT

1.      Increase of information technology has resulted in unemployment.

2.      Information technology has made negative impact as businesses are aiming competitive advantage neither then giving value to customers.

3.      Hackers have made the information unsecured.

4.      Sense of deprivation has urged as customers are able to buy new product in market with help of information technology people have no enough purchasing power to buying it.

5.      Business people are over reluctant on information technology.