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THE EFFECTIVENESS OF TECHNOLOGY IN

BUSINESS
Mark Nikko Alvarez Jessa Furio
ICT Department ICT Department
Sorsogon State College Sorsogon State College
Marknikko00@gmail.com jessafurio@gmail.com
Ronalyn Galopa
ICT Department
Sorsogon State College
galoparonalyn@gmail.com
Irene Fungo
ICT Department
Sorsogon State College
Irenegenavia@gmail.com

ABSTRACT reliable storage you can keep all your records


about your business and it will minimize the
This study aims to examine the needs for server. In online business it is
effectiveness of technology in business; needed to have protection especially in
especially it seeks to determine the benefits information, it is needed to have correct and
of technology in the business, find out right information. You have to secured all
several factors that will affect in the business data that your business have, because if not
in terms of technology, and determined how your business will be ruined and it will affect
technology improves the business. Today, the reputation of your business. That’s why
technology is central to the success. From every online business is required to have an
marketing to security, most business information protection for the sake of their
operations start in the digital world. Since business and to become more competitive.
the role of IT is so prominent in business of Technology has a big contribution in online
all sizes, training for a career in the field business especially financial saving, because
means training for a variety of opportunities. online business has a fewer workers so that
These are just few of the ways the tech you can reduce in paying more manpower
industry has changed the face of modern who will work in your business. It also reduce
businesses. Technology simplifies in travel cost because even you are in your
communication, whether you are keeping in home you can do your online business by
touch with an old friend or catching up on using smartphones, tablet, and personal
the news. By the help of the technology in computers. By using technology you can
business the smaller business can give the reduce financial cost to your business and it
wants or needed by the customer. They can will increase your productivity.
assure that they can do what the largest
business can do. Communication is one of In business it is very big help to have a
the biggest important in a business because strong communication with employee and
it helps them to have more clients or mostly to the client. Especially in online
customer. They need to talk many people business, it required or takes a lot of time to
around them to entertain about their online entertain customers that every second or
business; one of the attitudes of online minute you should watch out in your online
businessman is to have a very good speaking business because maybe in that second or
skills or good in sales talk. Because of minute you have a customer but you didn’t
communication we can entertain others to notice it, it becomes loss. But in being more
join and engage to our business. Because of comprehensive in communication style or
technology we can communicate our clients strategies it becomes more easily and
via online communication like messenger, feasible. It became feasible that that you will
Facebook, Skype and etc. by using our own not shatter on what to do first. And may also
personal computers, laptop, and make your online business more organize. In
smartphones. Reliable storage can help in the way that you have time to follow of what
online business to store more storage and transaction your business have. It is not only
saving more items or information. To access reducing the time that you should exert but
reliable storage it is only needed to pay the it may least your provider monthly charges.
data that you use. But it can help to reduce The work become more feasible, the monthly
IT costs for your own business. If you have charges descended but gain income in same
as what you exactly do before. The jobs Today’s advancement in technology have
become quicker just like what you gain. With brought about a new era of speed and
the higher amount of time effort exerted simplicity for consumers and businesses.
your income may be doubled what you have Due to these new benefits, the possibilities of
earned before. In online businesses should universal connectivity, storage, and
have to increase the so called “ cloud “ this computation are made tangible, thus leading
is commonly used in online marketing or the way to new internet of things solution.
online business to gain more client and to Resource Management and Efficiency Clouds
start up business using social media but they Computing Environments is an authoritative
use the Facebook as their pattern to invite reference source for the latest scholarly
client most commonly used in online research on the emerging trends of clouds
business is the captcha, advertisement and computing and reveals the benefits cloud
inviting. This is the process to earn dollars or paths provide to consumers. Featuring
pesos. Using cloud online business becomes coverage across a range of relevant
easiest way of earning and additional perspective and topics, such as big data,
income. For those who want to be part or one cloud security, and utility computing, this
of online businessman you have rather to publication is an essential source of
use cloud. Because it least the hassle, less researchers, students and professionals
the transportation fees, no manager and you seeking current research on the organization
are the one who are going to operate of your and productivity of cloud computing
online it all contingent in your hands. The environment. It explained that the most
technology emerges in the modern society significant technologies that already
all of this is high technology and the network changing the way we work are automation
of a computer processing speeds, and the and automated learning. Today most of the
storage capabilities continue to increase. All works are done machines that communicate
of them are the advantage when it comes in one another. Technology united the seller
online business or online marketing because and customer via chatting or messaging their
they can easily do their task in the online clients. They have no effort to exert because
business with the use of modern technology they can also communicate their clients even
and the use of a new communication in their home. The most promising fields for
technology like Facebook, messenger, and young workers has been in computer
other software this is commonly used by the programming and encoding, so that in the
user who start up online business. recent years the young workers want a
computer programming and encoding to
increase the job in the same fields.

INTRODUCTION doing business. Technology helps business


operations by keeping them connected to
Technology helps businesses maintain suppliers, customers and their sales force.
data flow, manage contacts, track processes Because of its ability to streamline operating
and maintain employee records. Technology costs, technology delivers instant access to
makes it possible for businesses to operate supplies and information, so businesses are
efficiently and effectively with minimal better able to offer affordable pricing of
manpower and helps to reduce the cost of goods and services without sacrificing
quality. Technology is developed to meet a platforms. External communications includes
problem or opportunity. Businesses use a company`s communication with
technologies to extend their abilities and to customers, investors, and the general public.
serve their customer, businesses owners or For IT professionals, this means keeping up
entrepreneurs have the vision to recognize with email, social media, online newsletter,
consumer wants and to devise ways to meet and other platforms.
them. However, they will find need to use
technology to accomplish some of these This study aims to examine the effectiveness
goals, and in most cases, they will have to of technology in business; especially it seeks
hire experienced technical people who can to (1) determine the benefits of technology
use technology to implement these ideas. in the business, (2) find out several factors
Nowadays, it’s challenging for a business to that will affect in the business in terms of
gain competitive advantage without using technology, (3) determined how technology
technology. Business owners and managers improves the business. This research focused
must know the importance of technology in in the effectiveness of the technology and
business and they have to plan on how to business, the importance and the benefits of
use it well so that they increased on Return technology
on Investment (RIO) is used in various way;
businesses can use technology in
KEYWORDS
manufacturing, improving, customers care,
transportation, human resource Effectiveness, technology, business
management, business communication, use
technology to improve their services or
1. FIVE BENEFITS OF
products as a way of gaining competitive TECHNOLOGY IN BUSINESS
advantage, etc. However, for a business to
get the best out of technology, they have to 1.1 AUTOMATION AND
plan and manage this technology very well in PRODUCTIVITY
the last two decades, technology has
Smaller businesses can compete with large
changed the way we interact the way we
businesses by being more swift and agile,
shop, the way we do research and the way
and responding to change faster. Information
businesses operate. Today, technology is
technology can improve your company's
central to the success. From marketing to
efficiency and decrease human error by
security, most business operations start in
developing automated processes. With
the digital world. Since the role of IT is so
software applications like QuickBooks and
prominent in business of all sizes, training for
contact management sites like Sales Force,
a career in the field means training for a
company bookkeeping and sales tracking
variety of opportunities. These are just few of
can be automated. In turn, small business
the ways the tech industry has changed the
owners can focus on their overall business
face of modern businesses. Technology
strategy and their employees are free to
simplifies communication, whether you are
work on other things while the computer
keeping in touch with an old friend or
runs their reports, creates queries, and
catching up on the news. For businesses, IT
tracks projects. This leads to one of the
is the key for effective internal and external
biggest benefits of automation and
communications. Internal communication
technology in businesses: productivity.
means communication conducted within a
business or different part of a business,. For By the help of the technology in business the
IT professionals, this means keeping up with smaller business can give the wants or
the technology used for email, internal needed by the customer. They can assure
newsletter, or companywide digital project
that they can do what the largest business Some technologies, such as cloud
can do. computing, provide easy and reliable data
storage that protects the company’s valuable
records while minimizing the need for server
1.2 COMMUNICATION AND upkeep. Because you are distributing the
COLLABORATION load across several powerful servers, it can
do the heavy lifting, meaning you don’t need
Communication is essential in the business
to worry much individual computer
world and one of the main benefits of
specifications or server crashes. With most
technology for business is the wealth of
cloud plans, you only pay for the data you
resources available to communicate quickly
use, which could easily reduce the IT costs
and effectively. With the increasing business
for your business.
adoption of mobile computing devices
(laptops, tablets, etc.) and software like Voice Reliable storage can help in online business
over Internet Protocol (VOIP), cloud systems, to store more storage and saving more items
and skype conference calls, employees are or information. To access reliable storage it is
able to collaborate effectively, even across only needed to pay the data that you use.
great distances, and work almost anywhere. But it can help to reduce IT costs for your
Doing so reduces travel costs and the time it own business. If you have reliable storage
takes to start a meeting, improving you can keep all your records about your
efficiencies. business and it will minimize the needs for
server.
Communication is one of the biggest
important in a business because it helps 1.4 INFORMATION PROTECTION
them to have more clients or customer. They
need to talk many people around them to Unsecured data can ruin companies’
entertain about their online business; one of competitive position and reputation, and cost
the attitudes of online businessman is to them thousands – if not millions. Storage
have a very good speaking skills or good in systems such as virtual vaults or cloud
sales talk. Because of communication we can storage like Drop Box can keep company
entertain others to join and engage to our information safe by only allowing certain
business. Because of technology we can users within your company to access,
communicate our clients via online withdraw, add or change the documents.
communication like messenger, Facebook, This reduces the potential for hacks,
Skype and etc. by using our own personal sabotage, and espionage.
computers, laptop, and smartphones.
In online business it is needed to have
1.3 RELIABLE STORAGE protection especially in information, it is
needed to have correct and right
information. You have to secured all data
that your business have, because if not your
business will be ruined and it will affect the
reputation of your business. That’s why
every online business is required to have an
information protection for the sake of their
business and to become more competitive.

1.5 FINANCIAL SAVINGS


The biggest benefit of technology in or you move to a lower cost provider, as
business, which should arise in some way rates continue to fall.
from all the benefits above, is the financial
savings it affords small businesses and In business it is very big help to have a
global corporations alike. Increases in strong communication with employee and
productivity allow companies to do more with mostly to the client. Especially in online
fewer workers, reducing payroll costs business, it required or takes a lot of time to
normally spent. Advances in communication entertain customers that every second or
can reduce travel costs. Data storage can minute you should watch out in your online
reduce warehousing or server maintenance business because maybe in that second or
costs. By using the best technology for your minute you have a customer but you didn’t
business you should be reducing the notice it, it becomes loss. But in being more
financial costs to the company and setting comprehensive in communication style or
your company up for success. strategies it becomes more easily and
feasible. It became feasible that that you will
Technology has a big contribution in online not shatter on what to do first. And may also
business especially financial saving, because make your online business more organize. In
online business has a fewer workers so that the way that you have time to follow of what
you can reduce in paying more manpower transaction your business have. It is not only
who will work in your business. It also reduce reducing the time that you should exert but
in travel cost because even you are in your it may least your provider monthly charges.
home you can do your online business by The work become more feasible, the monthly
using smartphones, tablet, and personal charges descended but gain income in same
computers. By using technology you can as what you exactly do before. The jobs
reduce financial cost to your business and it become quicker just like what you gain. With
will increase your productivity. the higher amount of time effort exerted
your income may be doubled what you have
earned before.
2. HOW TECHNOLOGY
IMPROVES THE BUSINESS? 2.2 INCREASED USE OF "THE CLOUD"

Recently, high-tech communication


possibilities have been further enhanced by
2.1 MORE COMPREHENSIVE
the increased use of "the cloud" as a
COMMUNICATION communication resource. For example, film
Sometimes, radical improvements in or music producers in different cities can
communication made possible by the simultaneously work on a single project
internet and associated devices – such as simultaneously that's available to both of
laptops and smart phones – can become so them via the cloud. Expert surgeons already
sophisticated as to become oppressive. oversee surgical operations on other
Nobody needs 200 business emails a day. continents via virtual operating theaters.
Nevertheless, once you organize your Eventually, medical procedures that are
communication tactics and strategies around entirely machine-driven can be supervised
these available communication resources, virtually from anywhere in the world, from a
things will move faster. They'll also move single physical operating theater.
more reliably, via apps that timestamp the
In online businesses should have to increase
opening of emails to clients and they'll do so
the so called “ cloud “ this is commonly used
at a lower cost, once you beat back your cell
in online marketing or online business to gain
phone provider's monthly charges, that is –
more client and to start up business using
social media but they use the Facebook as Tomorrow, a single operator will be able
their pattern to invite client most commonly control and supervise fleets of unmanned
used in online business is the captcha, transport vehicles at lower cost, with higher
advertisement and inviting. This is the reliability and lower accident rates.
process to earn dollars or pesos. Using cloud
online business becomes easiest way of Similarly, experts can be virtually deployed
earning and additional income. For those almost instantly to solve production and
who want to be part or one of online other problems anywhere in the world.
businessman you have rather to use cloud. Amazon's much-touted drone program not
Because it least the hassle, less the only has regulatory and legal issues to face,
transportation fees, no manager and you are but also the practical, every day problem of
the one who are going to operate of your pets, children, and – most importantly,
online it all contingent in your hands. getting them to stay in the air long enough
to fly long distances, according to a 2016
2.3 NEW COMMUNICATIONS Gartner report published in The New York
TECHNOLOGIES Times. But The Times also stated that a
future of autonomous drones is much closer
As computer processing speeds and storage than a future of self-driving cars.
capabilities continue to increase, new
communication technologies will arise. Today’s advancement in technology has
Emerging virtual presence technologies will brought about a new era of speed and
make it easier and more effective for simplicity for consumers and businesses.
executives, speakers, coaches and Due to these new benefits, the possibilities of
technologists of every kind to make virtual universal connectivity, storage, and
presentations anywhere around the globe, computation are made tangible, thus leading
with all the advantages of physical presence the way to new internet of things solution.
but without the limitations. Resource Management and Efficiency Clouds
Computing Environments is an authoritative
The technology emerges in the modern reference source for the latest scholarly
society all of this is high technology and the research on the emerging trends of clouds
network of a computer processing speeds, computing and reveals the benefits cloud
and the storage capabilities continue to paths provide to consumers. Featuring
increase. All of them are the advantage when coverage across a range of relevant
it comes in online business or online perspective and topics, such as big data,
marketing because they can easily do their cloud security, and utility computing, this
task in the online business with the use of publication is an essential source of
modern technology and the use of a new researchers, students and professionals
communication technology like Facebook, seeking current research on the organization
messenger, and other software this is and productivity of cloud computing
commonly used by the user who start up environment.
online business.
2.5 LABOR COST SAVINGS
2.4 RESOURCE MANAGEMENT AND
EFFICIENCY The most significant emerging technologies
already changing the way we work are in
These same communication technologies are automation and automated learning. Tesla's
already changing resource management and production plant for its new Model 3 electric
eventually will radically restructure how we passenger vehicle has very few workers, and
work. Today, a single operator can deploy they're largely there to observe and – when
various military resources all over the globe. necessary – correct or modify a production
process. Most of the work is done via The technological innovations that drove
machines that communicate directly with down the fatality rate in Formula One racing
one another. made automobiles safer, generally. The
advent of the driver-less automobile will
In recent years, one of the most promising surely reduce fatality rates further –
fields for young workers has been in computers don't get drunk and drive, they
computer programming and coding. In 2019, have no interest in showing off and they
at least 25 million programmers are working exist only to concentrate on their primary
globally. It's nearly certain that in the near task. The increased safety of highway travel
future, programming and coding jobs will globally – beyond lowering fatality rates and
increase, but gradually, computers will begin making traveling safer, will also lower
to program other computers or they will insurance rates and will generally reduce the
reprogram themselves. Futurists predict that cost of business-related transport.
eventually most humans will not work for a
living. Safety advantages are being updated or
advance on the knowledge that you have
It explained that the most significant through technologies because as we can see
technologies that already changing the way on today’s generation technology is being
we work are automation and automated existed.
learning. Today most of the works are done
machines that communicate one another. CONCLUSION
Technology united the seller and customer
via chatting or messaging their clients. They The overall finding of this research reflects
have no effort to exert because they can also that technology has a great contribution in
communicate their clients even in their the field of business, and there are many
home. The most promising fields for young businessman and entrepreneurs has become
workers has been in computer programming successful with the help of modern
and encoding, so that in the recent years the technology. This research recommends
young workers want a computer future studies to be conducted covering
programming and encoding to increase the different ways to improve business by using
job in the same fields. technology.

2.6 SAFETY ADVANTAGES THROUGH ACKNOWLEDGEMENT


TECHNOLOGY
This could not have been completed without
One of the more remarkable increases in the guidance and support of a group of truly
worker safety during the past 50 years has people. First and foremost to God, thank you
been in the inherently risky business of for the guidance. To the professor in the
automobile racing. In the 1950s, there were subject; Introduction to Computing.
five Formula One fatalities. Although there
were many more Formula One events in the Our research would be disorganized chaos
1990s, there were only two fatalities during without the guidance and calm provided by
the entire decade. professor. And to those people who
contributed directly and indirectly.

REFERENCES
(1) Osmond Vitez, Updated February Change on Business Activity, Retrieved
12,2019, The Impact of Technological from March 27,
2019,http://smallbusiness.chron.com/tech Business, Retrieved from March 27,
nology-improve-business-2188.html 2019;http://pestleanalysis.com/technologi
cal-factors-affecting-business
(2) Osmond Vitez, Emerging Technology in
Business, Retrieved from March 20, (4) Patrick Gleeson, Ph. D., Updated February
2019;http://bizfluent.com/about-6647421- 12, 2019, How Does Technology Improves
emerging-technology the Business, Retrieved from March 27,
2019;http://www.mycomputercareer.edu/n
(3) Thomas Bush, July 11, 2016, PESTLE ews/the-importance-of-technology-for-
Analysis: Technological Factors Affecting modern-business-survival/

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