The Contour Of Information Technology In Today;s Economy

The IT market is developing in terms of wide area acceptance in almost all the economies whether they are developing or full developed. In fact, economies are driven by the newly emerging technologies forces and revolutionary solutions by the escalating enterprises. Private enterprises are rapidly growing towards high-end, sophisticated web-based services and platforms for complete control over resources. This initiative has been seriously understood by the senior IT and managerial decision-makers. They also understand the critical need for IT to work very closely with all the industrial departments in order to ensure superior-grade solutions are secure, fully-integrated as well as optimized.

This is why growing organizations are highlighting the landscapes of IT as their primary growth drivers in the medium and long-term strategic value-added plans. The IT initiatives also encircle the concepts of total security to keep consumers’ information protected and instill the confidence they need to proceed with different types of pecuniary transactions.

Today, the market for software products is going global and involving international vendors having been active in different regions. This is why global companies are spending furiously in software products, enabling operational flexibility and supporting business development at wider spectrum. In fact, it has substantially reduced the cost of operation and significantly amplifies corporate efficiency at the company level.

Growing insights of IT and its overall impact on the corporate entities has cranked up a genre of business intelligence. It is gaining advantage and addresses key issues related to the evaluation of a company’s data for critical factors that aids in long term growth. It has certainly underlined and addressed the eminent factors such as company’s performance measurement, monthly reporting, continuous evaluation, improvement stats, learning curves, success factors and forecasting analysis. This reduces future operational & transactional risks and brings shielding to the corporate entity. In addition to that, security (fireball, security protocols, authentication suites and much more) is at the heart of IT investment for almost all companies. It is not only keeps data locked, but also satisfies customers.

Companies are also taking challenges as they are heavily relying on the IT products and never-ending yet robust services like SaaS, ERP, SAP, cloud, BPM, BI and much more. All these IT weapons are seamless (in terms of high-performance analytics) and adhere to corporate security mandates as well as promise to offer uncompromising services to the companies. At the same time, these core services actually help being proactive & can help prepare or possibly avoid any type of sudden catastrophe.

Unquestionably, information technology (IT) has significantly crafted its distinguished position on the top of the tree and dramatically impacting on the burning market development scenarios. In easy and practical terms, IT landscape provides unprecedented opportunities, empowering companies and economies.

The author is associated with OM SOFTWARE. OM SOFTWARE specializes in offering an inclusive set of IT services like website design, development & mobile application development , custom software application, business application development , etc.

Database A Boon For It

The advent of the database is perhaps the most valuable thing that has come out of the computer age. The power of information brought to us in every increasing speeds and volumes has increased our ability to make money like never before. Information for the businessman is everything and so the database provides him more power to work with his everything.

Database technology is simply the storage of material and information in such a way as to increase the speed of retrieval on demand and to compare and make useful inferences on a large volume of data. Computers as long as they are equipped with enough memory are capable of housing more information than we can give them and in the space of virtually no space. Gone are the days of libraries that cover acres of land and go up multiple stories to hold all of the volumes of information that they do. Soon libraries will be virtual, contained on a server some where and completely accessible via a personal computer.

In statistics the more data you have the better your information isthat is the less affected by chance in a negative way. The better your information is the easier it is to make decisions about the next step with complete confidence that you will get the desired outcome. The database has allowed huge amounts of information to be compiled, sorted, and analyzed and has given businessmen information that makes them money and lots of it.

Consider a database for the items bought in a store in a year. You can know the date and the time of purchase. You can know the quantity of purchase. If the person pays with a credit card you can know the demographic of the population that that product is popular with, you can know what other items went along with a certain product. You can see the differences in sales strategies and marketing ploys. You can tell the affect of price on a product and location in the store. The list really is endless, and marketing really becomes a science more than a game because consumers are predictablehumans are creatures with similar desires and responses to situations.

The thing that the database can improve now is the speed in which it handles the information. Changing the partitioning of the memory, or the language in which it is stored can have a significant difference in the time of a query. The difference may be in milliseconds or smaller but when you think about how many queries might be useful (millions!) that becomes a significant amount of time and time is money.

Microsoft Outlook: Traveller’s Secret Advantage

If you want to become a better traveller, you can skip some of those how-to books penned by armchair road warriors.

Instead, fire up your laptop computer and open Microsoft Outlook. Yes, I’m talking about that ever-present application that handles e-mail, scheduling and some word processing tasks.

Make the Most of Your Laptop
Odds are pretty good that you’ve got a copy of it installed on your laptop, and that you take your portable with you when you travel. (Regarding the latter point, a recent survey by Harris Interactive found that more than one in four laptop PC owners say their machine is one of their “most prized possessions,” and nearly a third said they’ve regretted leaving it at home on trips and have turned around to retrieve it on at least one occasion.)

Outlook is to travellers what a paper clip is to MacGyver. It does a lot more than you think. (My apologies to those who aren’t familiar with television show which had its heyday in the 1980s and ’90s.)

Using Scheduling Features for a Trip
Marielle Barnes, a consultant in Bangalore, India, counts on Outlook’s scheduling features to make her trip fall into place. “I use the task manager to keep my ‘to-do’ list in order,” she says. “I organise the tasks by city, and type of function, so that items get grouped and can be easily completed in a stretch.” An alternative is keeping her itinerary on a calendar or a personal digital assistant. But if the laptop is coming along for the trip anyway, why not use what you’ve got (especially when it has a bigger screen than a PDA)?

Robert Hanson relies on Outlook and a third-party application called Xpressions to access his e-mails from a phone – a nifty feature if you happen to leave your laptop at the hotel. “Outlook saved me from wasting money on a plane ticket by finding out the same day that I booked a non-refundable ticket that the meeting was supposed to attend was cancelled,” says Hanson, from Wilmington, Del. “So I was able to cancel the flight without penalty.”

Outlook has bailed me out a few times, too.

My favourite feature is the contacts manager, which has rescued me more often than I’d care to admit. How’s that? I usually print a full itinerary with phone numbers before I leave on a trip. (Call me old-fashioned, but with a piece of paper you never have to worry about a low battery.) Being hopelessly absent-minded, that schedule has gone missing numerous times. Fortunately, I was able to retrieve the key addresses and phone numbers from Outlook rather than completely unpack my luggage in the middle of the terminal.

A Traveler-Friendly Upgrade
To say that Outlook has been underappreciated by the jet set in the past might be an understatement. But that is changing. Microsoft Outlook 2003 is designed even more with travellers in mind.

Here are a few of its handy features:

  • Find it faster. Outlook helps you make sense of all the e-mail you receive on the road. Its new Search Folders “virtual” folders that contain views of all e-mail items matching specific search criteria let you quickly separate the important messages from the ones you want to ignore. Search Folders also flag priority messages first, so you don’t waste time reading spam.
  • Keep junk mail out. Speaking of spam, the new Junk E-mail folder separates out most of your junk mail into a separate folder, helping to un-clutter your inbox.
  • Work without a Net. If you use an e-mail account through Microsoft Exchange Server, you can work offline while you’re out of the office or if your connection is too slow. Outlook only tries to connect to the server when you ask it to or when you choose to do so in the “Send/Receive” groups.
  • Mine your business contacts. The new Business Contact Manager feature, which integrates with Outlook, turns your address book into a powerful tool that can create, track, and manage your business contacts, sales leads and opportunities. Perhaps the best thing about Business Contact Manager is that it’s as intuitive as the old Outlook, so you don’t have to spend hours reading a manual before you can use it.

Cool “Feel” to Outlook 2003

Think of the latest version of Outlook as MacGyver trading in his screwdriver for a power tool. Both gizmos worked fine, but somehow that drill just looks cooler. (Indeed, the new icons and “feel” of Outlook have my friends who use older versions or other e-mail systems drooling.)

But best of all, the Outlook 2003 with Business Contact Manager promises to make me more productive on the road.

As the publisher of a travel e-mail newsletter, I was particularly impressed with integrated features that allowed me to send personalised messages to designated contacts, with the help of List Builder. In an age when clients are less likely to accept “I was travelling” as an excuse for missing deadlines, that’s something that will probably help me keep the customers I have. And maybe find some new ones.

With Outlook 2003, the learning curve is steep on a few functions – I’m still trying to figure out how to get my navigation pane to do what I want it to, for example – and users of the old Outlook will have some adjusting to do.

But it won’t take long to get the hang of it. And once you do, the new Outlook will become an even bigger reason (if you need one) to bring your laptop on a trip.