A global IT platform consists of interrelated IT components that support a company's strategy, including hardware, software, telecommunication networks, and computing facilities. Developing a successful global IT platform requires manpower and skills advantages as well as technical and cost advantages. However, there are also uncertainties and risks to consider such as government regulations, changes in costs and prices, and implications of technical issues. The internet has become a vital component for global business as a platform, providing opportunities to expand markets, reduce communication costs, and improve profits without large infrastructure investments.