During this information technology assignment, we're going to focus on the weaknesses of the system. Effectivelly, information technologies are more and more involved in our daily and in our professional lives. Everybody agrees to the fact that information technologies are one of the most important inventions of the XXth century. Technology has given humans the power to overpass and to optimize their skills. Nevertheless, information technologies are nothing without the human interactions what legitimizes the human power upon the machines. Nobody can deny that technology has been invented to make human life easier, at home and at work. Technology is everywhere and sometimes people become bored of being dependent on that tool.
[...] The instalation of such an high tech information system should be extremely expensive. What's more, Bloomberg investment in IT are not done to last because the frm has to stay in advance from a technological point of view. So, the firm has to take into account the fact that it will have to make new investments every years, or every months . To top it all, we will speak later of other costs like the important costs represented by the training of people to make the workers able to use this high tech computers and the costs of the maintenance of the present IT equipment to lay the emphasis on the costs due to IT. [...]
[...] In addition, employees do not work during these trainings what creates a double loss for the company. In the one hand, it has to pay the cost of the training, and in the other hand it has to manage the work which is not done by workers during this time period. In some activities, work can be put in stand by for few days, but in some case employees have to be replaced during their training. In this second case, the cost represented by the training become very important. [...]
[...] So, we can say that IT represents a very important and significative budget for the companies, no matter the size of the firm. We can add that investing in IT has to be thought twice time to evaluate if the profitability of the investment. In fact, investing in IT is not very diferent from oter investments. When a firm invests money in a competitor firm to make a takeover, it is to increase its turnover and its benefits. Investments in IT system should be profitable as well for the firm like any other investments. [...]
[...] The money contraint Effectivelly, information technologies are playing a very important role in the development of many companies. Every important company or every international company is now obliged to have a web site at least to be influent in its market. The main problem of this need of IT equipment is that they have a cost. This cost is quite important because it represents an important part of the companies budget. This part can differ from a company to another: it depends on the nature of the firm, it depends on the market where the firm is acting. [...]
[...] We can take another example dealing with a very little company. Let's imagine a butcher shop in a small town which decided to create its own web site to allow its customers to order thanks to the web. Would the investment be profitable for the company? I think not because of the proximity aspect of the business. It would not create a real added value for the firm. In addition, the profitability of this investment would be not important enough to justify the purchase of a computer, the price a web site designer etc . [...]
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