Information and computer technology on banking essay

Our world today has changed a great deal with the aid of information technology. Surrounding us various technologies are helping people to live their life with more luxury.

Robots or machines are working accurately and you just need to program them with proper information. Now people are doing video conferencing and chatting to communicate with their friends and family used communication technology. Bridging the cultural gap - Information technology has helped to bridge the cultural gap by helping people from different cultures to communicate with one another, and allow for the exchange of views and ideas, thus increasing awareness and reducing prejudice.

Lesser Mistakes - Machines are helping people to make lesser mistakes. Some disadvantages of information technology include: Some of the advantages of information technology include: These are all the advantages and disadvantages of technology, but really its what your point of view is.

Airplane and super fast trains have been reduced distance between cities and countries.

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Although technology and invention have many advantages and disadvantages, the main reason things are invented is to make a task easier to perform. Machines are helping people in kitchen too - like Oven and these are also saving time.

This means that a lot of lower and middle level jobs have been done away with, causing more people to become unemployed. The internet has also opened up face-to-face direct communication from different parts of the world, thanks to the help of video-conferencing.

Languages too have become overshadowed, with English becoming the primary mode of communication for business and everything else. Some advantages and disadvantages of information technology Before we can know about all the advantages and disadvantages of information technology, it is essential that we know what information technology is exactly, and why it has it come to play such a important role in our daily lives.

The world has developed into a global village due to the help of information technology allowing countries like Chile and Japan who are not only separated by distance but also by language to shares ideas and information with each other. The technology is providing many advantages but also it has some disadvantages.

The advantage of science is that we can keep evolve and find new ideas. This means that a business can be open anytime, anywhere, making purchases from different countries easier and more convenient. Computer programmers, Systems analyzers, Hardware and Software developers and Web designers are just some of the many new employment opportunities created with the help of IT.

The significance of IT can be seen from the fact that it has penetrated almost every aspect of our daily lives from business to leisure and even society. I found this, hope it work. However machines and robots look inexpensive and good to use but, when any technical problem occurs in machine or robot, it took much time to fix it and also it can be expensive.

Creation of new jobs - Probably the best advantage of information technology is the creation of new and interesting jobs.

As a result many people lost their job. Lack of job security - Industry experts believe that the internet has made job security a big issue as since technology keeps on changing with each day. This means that one has to be in a constant learning mode, if he or she wishes for their job to be secure.

Disadvantages Everyone knows that technology is very helpful but it has some disadvantages too. More time - IT has made it possible for businesses to be open 24 x7 all over the globe.The rising of computer technology has taken deep roots in every field nowadays.

It is impossible for anyone to imagine a world without a computing environment. Essay. Computer Role in Entertainment & the Arts How will my leisure activities be affected by information technology?

THE ROLE OF COMPUTER IN ENHANCING BANKING. Banking Industry Because There Are Always Information Technology Essay. the customer signs in from their personal or a different computer an image and phrase are displayed indicating that the bank recognizes the computer and the customer’s identity.

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What are the advantages and disadvantages of computers and information technology?

I found this, hope it work. Some advantages and disadvantages of information technology Before we can know about all the advantages and disadvantages of information technology, it is essential.

Indian Banking Sector Information The Indian Banking Sector On the Road to Progress G. H. Deolalkar G.

H. Deolalkar is formerly Managing Director of State Bank of India. As more everyday task, such as applying for jobs, banking, shopping, and obtaining general information move into cyberspace, those without computer access are finding themselves segregated from the rest of the digital world.

Computer sciences and Information technology This project provides an opportunity for you to develop an e-commerce strategy for a real-world business. Dirt Bikess management believes that the company could benefit from e-commerce.

Information and computer technology on banking essay
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