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Infotech describes the purchase, handling, storage space and also circulation of all types of
details making use of computer technology and also telecommunication systems. Modern technology consists of all maters
concerned wit
h the furtherance of computer technology and modern technology as well as with the layout, development,.
installation and application of details system as well as applications. Information technology.
architecture is an incorporated structure for acquiring and also progressing IT to a.
chieve strategic goals. It has.
both logical and also technical components. Hardware and software application, voice, data, network, satellite,.
various other telecoms innovations, multimedia are application development tools. These.
innovations are utilized for the.
input, storage, handling as well as communication of information.
Infotech includes ancillary tools, software program, firmware and comparable procedures, solutions.
etc. Modern high throughput innovations are offering large amounts of the sequences, exp.
ressions as well as.
useful information for genes and also healthy protein. Among the most difficult challenges is turning this enormous swimming pool.
of information right into helpful clinical understanding as well as novel therapeutic products.
Wiki User
∙ 9y ago
Information Technology plays a crucial role in banking by enabling secure online transactions, improving customer service through digital channels, automating various banking processes, and providing real-time access to financial information. IT also helps banks enhance their risk management capabilities and comply with regulatory requirements.
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The government used wiretapping technology to gather information against DLK. This technology allowed them to intercept and record his phone conversations, which played a crucial role in their investigation.
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World Information Technology Day is celebrated on May 17th every year. This day aims to raise awareness about the role that information technology plays in advancing social and economic development worldwide.
What statements is true about information technology?
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In today's world banking sector is inseparable from information technology. IT play important role in banking and financial institutions. It helps with better market infrastructure, a tool to analyze and control risk, and more. It also helps banks and financial institutes to reach geographically distant and diversified markets. Information Technology helps banks by increasing productivity, better market infrastructure, controlling risk, and more. For more information visit our website Techsaga.
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Computing and information technology has effected and essentially revolutionised the banking industry within a broad variety of ways, it has allowed the use of credit cards to be broadly used upon the banking spectrum and has reduced the amount of 'Physical' money drastically. Did you know now less then 8% of the world money is actually physical the rest is virtual money stored upon accounts and so on!
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What is the Role of information technology in science and technology under present scenario?
Bonjour :D
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AnswerRole of information communication technology in Indian economic growth?AnswerRole of information communication technology in Indian economic growth?
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Technological advancement in the banking sector increases the productivity and security in this industry. New technology like online banking, mobile banking, telebanking, ATM/Debit card and credit card has led to the advancements in the payments and settlement systems. Even nowadays banking companies like SBI, ICICI, Axis bank and more are launching their apps for easy usage. For more information visit our website TECHSAGA.
What role has information technology played in the Nigerian Stock Exchange?
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