Impact of it boon or bane

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Small presentation on Impact of IT on different sectors and its general pros and cons.

Published in: Education, Technology, Business

Impact of it boon or bane

  1. 1. Remya Ravindran
  2. 2. Remya Ravindran What is Information Technology? IT can be defined as the technology involving  the development,  maintenance,  and use of computer systems,  software, and  networks  for the processing and distribution of data 1
  3. 3. Remya Ravindran Transformation of technology the last 20 years New apps is being created Every 60 seconds iPhone – The 1st smart phone introduced 6 years ago Blackberry launched 12 years ago Google named the best search engine of choice by PC magazine 15 years ago First mobile phone with internet connectivity 17 years ago Internet Commercialised 18 years ago 3
  4. 4. Remya Ravindran Impact of IT – On Education  IT has revolutionized the classroom  Classroom are retrofitted with smart boards and computers BOON:  Access to variety of learning resources  Anytime and anywhere learning  Better access to children with disabilities  Audio visual enabled learning BANE:  Excessive commercialization of the World Wide Web diminishes educational value  Plagiarism  Cyber bullying 4
  5. 5. Remya Ravindran Impact of IT – Business IT provides competitive advantage to business BOON:  E-Commerce  Virtual organizations  Increased efficiency in operations  CRM  Sales Forecasting BANE:  Constantly changing technology  Increased Threat  Higher Competition 5
  6. 6. Remya Ravindran Impact of IT – Banking  IT has helped banking sector to reach the remotest parts of the world BOON:  Remote banking, E – Banking, ATM, Tele banking  SWIFT , NEFT facility  Integrated customer data for better customer services BANE:  A foolproof system doesn't exist  Cyber frauds  Risk of false identity and stolen accounts 6
  7. 7. Remya Ravindran Impact of IT – Social Networking BOON:  Facilitates open communication  Opportunity to widen social and business contacts  Helps in creating awareness BANE:  More prone to frauds by hackers  Identity theft 7
  8. 8. Remya Ravindran Impact of IT – Health care  IT has enabled implementation of EHRs – Electronic Health Records  Reduction of immortality rate.  Tele Medicine.  CT / MRI Scan Machine BOON:  Allows easier access to medicine or treatment.  More complete and current medical history  A through checkup and appropriate diagnose. BANE:  Expensive  May not be compatible everywhere  Cannot be completely Reliable. 8
  9. 9. Remya Ravindran Pros and Cons of Information Technology PROS:  Globalization  Communication  Cost effectiveness  Comfortable life  Bridging cultural gap  Easy accessibility of information  Unlimited data storage and backup  Online booking of tickets CONS:  Digital Divide  Cyber crime  Security threat  Privacy concerns  Unemployment  Intellectual property crime  Cyber terrorism  Computer related diseases 9
  10. 10. Remya Ravindran CONCLUSION  IT revolution is the most influencing force in world today  IT is a BOON : Power of IT will;  shape the future of business,  shift paradigms,  and transform our world for the better 10
  11. 11. Remya Ravindran

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