A large number of corporations are using information technology for the purpose of making faster decisions and becoming real-time businesses. Thanks to cutting-edge technology, companies can become a real-time economy and get many benefits. These significant advantages will be discussed in the following paragraphs.
Firstly, real-time enterprise can speed up information flow and monitor the business continuously to react to changes in the business instantly. By using hardware and software, companies can analyze what is going on in their business in real time without storing and forwarding. Furthermore, when connecting everything involved in the business from factories to IT to customers, managers can receive emails about the company's situation to interfere in a timely manner. The digital nervous information system in General Electric is a typical example. This innovative system compares measurements performed against goals to alert managers or take action.
Secondly, another advantage of a real-time business is the ability to offer new products and services based on newly available data. Automated information systems and new hardware such as wireless sensors allow companies to generate new information and input it into their computer system. In addition, enterprises can also improve the supply chain and automate the response to specific types of new data thanks to software development. As a result, it is easier for firms to offer new goods and services.
In conclusion, when companies use advanced technology, they can get significant advantages including speed up information flow, monitor the business and offer new goods and services.
A large number of
corporations are using
information
technology for the purpose of making faster decisions and becoming real-time
businesses
. Thanks to cutting-edge technology,
companies
can become a real-time economy and
get
many
benefits. These significant advantages will
be discussed
in the following paragraphs.
Firstly
, real-time enterprise can
speed up
information
flow and monitor the
business
continuously
to react to
changes
in the
business
instantly
. By using hardware and software,
companies
can analyze what is going on in their
business
in real time without storing and forwarding.
Furthermore
, when connecting everything involved in the
business
from factories to IT to customers, managers can receive emails about the
company
's situation to interfere in a timely manner. The digital nervous
information
system
in General
Electric is a typical example. This innovative
system
compares measurements performed against goals to alert managers or take action.
Secondly
, another advantage of a real-time
business
is the ability to offer
new
products and services based on
newly
available data. Automated
information
systems
and
new
hardware such as wireless sensors
allow
companies
to generate
new
information
and input it into their computer
system
.
In addition
, enterprises can
also
improve
the supply chain and automate the response to specific types of
new
data thanks to software development.
As a result
, it is easier for firms to offer
new
goods
and services.
In conclusion
, when
companies
use
advanced technology, they can
get
significant advantages including
speed up
information
flow, monitor the
business
and offer
new
goods
and services.