Information Technology for Business

Name Ramon Josue Carabeo Castelo

Answer the following questions.

1. Why is IT a major enabler of business performance and success?

Because Information Technology allows companies to streamline their

work processes, which improves performance for employees and
results in better target achievement.

2. Explain why it is beneficial to study IT today

Because it allows them to be aware of the latest emerging

technologies, it is a tool that companies need to improve their business
and they will continue to need this knowledge in the future.

3. What is machine-to-machine (M2M) technology? Give an example of a

business process that could be automated with M2M

M2M is a function that allows two machines to share information with

each other, for example it could be used in public transportation
processes to share information about locations and arrival times, just
as airlines do.

4. What is a business model?

A business model is an instrument that allows clarity in the way in

which a solution is offered to a market need.

5. What is a digital business model?

It is the one that takes advantage of technology to improve services

within the company, with its partners, suppliers and customers in
order to generate added value and monetize the product or service
provided to the market.

6. What are the benefits of cloud computing in business?

Unit II
 Information Technology for Business

Eliminates the need to invest in hardware up front, so companies can

develop and deploy applications faster, enables companies to quickly
add storage capacity as their computing requirements change and
reduces the time it takes to acquire server space from weeks to
minutes

7. How can data from wearable technology be used to improve worker

productivity or safety?

For productivity, they can be used to improve work and collaboration

between employees, and for security, they can be used to keep track
of all work and prevent security issues.

Unit II