NEGATIVE IMPACTS OF INFORMATION TECHNOLOGY ON

BUSINESS

1. Maintenance Problems:

Maintenance of the technology is also the negative impact of the technology

on business. Technological devices and gadgets are developed and designed
by scientists and professional developers. If errors and bugs come into it,
then it needs professionals to fix it, not everyone can understand it. And
most of the business workers and employees are not professional developers
or scientists. They only use it for their work. For maintenance, they require
professionals. Which wastes a lot of their time and money.

2. Digital Communication Can Lead to Miscommunication

Many of the more subtle aspects of a message are lost through text. You
can’t hear the person’s tone of voice when they’re sending you an email.
This makes it easy to misinterpret the meaning of text-based
communication. Video communication is better than text, but many
nonverbal signals are still lost. Miscommunication between team members is
now more likely thanks to technology.

3. Always-Connected Culture Leads to Faster Burnout

It’s possible for business teams to communicate at any time of the day.
While this does wonders for productivity, it has blurred the lines between
clocked-in and clocked-out. Many employees are expected to answer emails
and messages from superiors the moment they are received. In this sense,
technology has made it much harder to disengage from work, which has led
to employees burning out quicker than ever before.

4. Generates Massive Amounts of E-Waste

Businesses go through electronics equipment much faster than consumers,
whether it be commercial electronics from their production facilities or
office electronics from their brick-and-mortar locations.

POSITIVE IMPACTS OF INFORMATION

TECHNOLOGY ON BUSINESS

1. IT Streamlines Communication
Efficient communication is critical to company success. In an
increasingly connected and dispersed business landscape, recruiting,
retaining, and leveraging employees requires ongoing communication
and collaboration. A key advantage of information technology lies in
its ability to streamline communication both internally and externally.

2. IT Facilitates Strategic Thinking

One of the fundamental advantages of IT is its ability to enhance a
company's competitive advantage in the marketplace, by facilitating
strategic thinking and knowledge transfer. Accessing and leveraging
social networks and subscription databases, for instance, has enabled
companies the ability to assemble, interpret and transfer information
like never before.

3. T Stores and Safeguards Valuable Information

Information management is essential to any business that must store
and safeguard sensitive information for long periods of time. IT
affords companies the ability to store, share, and backup files for later
use, as well as protecting information from unauthorized individuals.
As a result, IT gives businesses the peace of mind that the information
they collect and analyze can be properly stored and safeguarded for
future use.
4. Reduce Business Cost

Small business owners can use technology to reduce business costs.

Basic enterprise software enables a firm to automate back office
functions, such as record keeping, accounting and payroll. Mobile
tech allows home offices and field reps to interact in real time. For
example, field reps can use mobile apps to record their daily expenses
as they incur them and have them sync automatically with accounting
software back at the office.

5. Increased Employee Productivity

Small businesses can increase their employees' productivity through
the use of technology. Computer programs and business software
usually allow employees to process more information than manual
methods. Business owners can also implement business technology to
reduce the amount of human labor in business functions. This allows
small businesses to avoid paying labor costs along with employee
benefits.

6. Broaden Customer Bases

Technology allows small businesses to reach new economic markets.
Rather than just selling consumer goods or services in the local
market, small businesses can reach regional, national and international
markets. Retail websites are the most common way small businesses
sell products in several different economic markets.
7. Widens Area of Promotion

Through technology, you can add several new techniques that will
help to grow your business whether the business is small or large.
Businesses can generate immense profits by using technological
methods to promote their business. Profits are the main reason why
businesses look for technologically advanced devices. Technology is
the most crucial factor for social media presence. Social media has
been updated a lot due to technological advancement. In the end, all
these things will help the business to grow to a great extent.
8. Accuracy
With technology, all the things are computerized and nothing is left
manual. Due to this, there is no chance left for the mistakes. The data
is stored with accuracy with the right statistics with the use of
advanced technology. The figure that is inserted in the excel sheet will
be accurately mentioned without any error. You can rely on the
computer system for the calculations.

9. Makes You Competitive

With technology, a small business can now compete with large

organizations without even investing dollars. With technology,
everything is quick and easily accessible. You just need an internet
connection and you can have access to all the best tools. With these
tools available handy, you can give competition to multinational
companies also.

10. ACCESS IN MOBILE APPS:

Mobile apps can be developed for convenient access for customers.
Mobile devices are used anytime, anywhere by customers. It helps in
categorizing the products and services of the company. It creates
customer satisfaction and helps build a good image of a business.