Summary Essay Example | Topics and Well Written Essays - 750 words - 35

Summary - Essay Example In addition, IT is considered as the revolutionary series of technologies, which have revolutionized the industry significantly. This paper will discuss whether IT is relevant in the present economic society, which is characterized by intense competitiveness and innovativeness. After the introduction of a way in which circuits could be incorporated into a small silicon piece to facilitate in computer processing, the microprocessor has paved way for a number of technological breakthroughs, targeting enterprise software, the internet. Wide and local area networks and desktop computers. In this case, it is not possible for an individual to deny that technology serves as commerce’s backbone. It improves the activities of individual companies, improves their supply chains, and links firms to the clients they serve more effectively (Carr, 2007). The power and presence of IT has grown considerably, forcing companies to consider it as a resource that is vital to their growth and success. This is evident based on the spending habits that firms portray. Since the revolution realized on the microprocessor and introduction of personal computers, companies have continued to increasingly invest on IT infrastructure to help them boost their operations and competitiveness in the marketplace considerably (Carr, 2007). As IT penetrates deeper into the operations of firms, the attitudes of executives are shifting. For instance, more than twenty years ago, a large number of executives looked down upon computers as popular tools, but glorified calculators and typewriters. Computers were associated with low-level employees, such as analysts, secretaries, and technicians. Rare executives allowed their fingers to touch a keyboard. Nonetheless, they would not let information technology influence their strategic thinking. Presently, this has changed as executives as relying on information