Jun 25

Latest development in information technology has forced all and any company to adopt this technology for their survival and growth. IT can be used for several purposes, and developing strategies is one of them. Data Arteries is one such software which enables companies to develop strategies for their progress. It helps in developing information supply chain means collection of data, value chain which creates value from the gathered information and finally demands chain which will analyze the two mentioned chains and forecast the last chain that of demand. These three chains will help a company to develop a strategy in order to meet the demand. Hence it will help them grow in the changing demand. All three are equally important only one or two are never good enough for developing efficient strategies.

Apart from data arteries, use of internet is also an important key for the business. Web 2.0 is booming and cannot be neglected. Web 2.0 is social networking websites which everyone uses these days and a company should not neglect them. This is the prime source for developing information chain. Information technology has software’s which have individual functions like data collection, analyzing collected data, etc. It does all this electronically and thus reducing all the physical effort and also minimizing the human errors. It can be effective only if the operator knows the correct use of the technology and this is the only hitch in this IT development training of staff for the proper use of the software. If this is done properly, the business can have infinite benefit from the proper use of this ever upgrading technology and also helps in developing effective strategies. The article clearly shows that in this world no matter how big or small your business is use if information technology is unavoidable for its success.  IT Support

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