Creating Business advantages with IT_______________________________

1Sasui Hidayatullah lohar University of Sindh jamshoro

Outline_____________________________

• Introduction

• History

• use of IT in business

• Profit using It in Business

• Advanced Global companies using technology

• Examples

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Introduction

• A superiority gained by an organization when it can provide the same value as its competitors but at a lower price, or can charge higher prices by providing greater value through differentiation. Competitive advantage results from matching core competencies to the opportunities.

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Introduction

• The things which are making to business competitive

• Example:-

• The internet has created a business environment in which time and distance are less important

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Example

Internet

communication

Search engine

Sharing

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• For your business to reach targeted markets and to compete with some successful global companies, you need to use internet.

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History

• Before the development of modern technology, there was the trade and barter system. Advances led to a skeleton of what we know as business today. People handled every aspect of running a business, even the responsibility of making machines work manually. However, the computer revolution sped up the pace of trade and commerce. The technological advances it created drastically reduced the cost of business operations and increased the efficiencies throughout an organization

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Use of IT in business

• Storing information about products such as stock control using sophisticated databases.

• Making business calculations such as costing and profit calculations using spreadsheets.

• Providing advertising and promotional literature using computer graphics packages.

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Example video conference

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continue

• Internal communication using fax, e-mail and other methods of communication including telephone linking.

• Creating websites as a promotional and informational tool for an organisation.

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Example of online shopping

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Profit using It in Business

• Make money online: Make your life easier• Save time• Technology and business are practically

inseparable today. Without technology and computers, the routine business functions that are the backbone of an organization would be severely slowed.

• It would take an extensive amount of time and a lot of specialization for those basic functions to be performed without technology.

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• The use of technology in business has increased the workload that a business can handle effectively. It has allowed business to be able to operate around the clock and around the world

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We can have job alerts on social sites and Using Social Media for Event Promotion

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Advanced Global companies using technology

• ADVANCED TECHNOLOGY COMPANY IS A LEADER IN THE SPECIALIZED FIELDS OF:

• ELECTRON BEAM WELDING

• LASER WELDING, DRILLING, CUTTING & MARKIN

• GTA (GAS TUNGSTEN ARC WELDING)

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Example

• General - Electron Beam Welding provides consistent weld size and high joint strength. Welding of thick to thin material and dissimilar metals is easily accomplished

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NASA

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MARS ROVER CURIOSITY

• Advanced Technology Company congratulates NASA and all of their partners and contractors for the succesful launch and landing of the Mars rover Curiosity. ATCo. was one of many small busineses that earned a chance to contribute their part to this monumental space exploration effort. Advanced Technology Company performed Electron Beam welding, Laser welding and GTA welding with NASA's Contractors on many of the rover's components.

Purpose to landing curiosity

• Curiosity is a car-sized robotic rover

• was launched from Cape Canaveral on November 26, 2011

• investigation of the Martian climate andgeology

• environmental conditions favorable for microbial life

• All this happens with the help of satellites communication technologies

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