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Why have developments in IT helped to increase the value of the data resources of many companies?
Sunilstha06
The developments in IT have helped to increase the value of the data resources of many companies because with the help of IT a new data resource management regime has been laid down that gives stress on the development of a high-quality, integrated, comparative data resource within a common data architecture that is stable across changing business needs and changing technology. Information technology helps in supporting both the current and the future business information demand of an organization. Other than that through development in IT data can be managed from a single location and can be accessed and used at multiple locations at the same time. The resultant is also more efficiency, productivity and low cost of operations within the organization
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Why have development in IT helped to increased the value of the data resources of many companies?
The developments in IT have helped to increase the value of the data resources of many companies because with the help of IT a new data resource management regime has been laid down that gives stress on the development of a high-quality, integrated, comparative data resource within a common data architecture that is stable across changing business needs and changing technology. Information technology helps in supporting both the current and the future business information demand of an organization. Other than that through development in IT data can be managed from a single location and can be accessed and used at multiple locations at the same time. The resultant is also more efficiency, productivity and low cost of operations within the organization
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