LATEST DEVELOPMENTS IN INFORMATION TECHNOLOGY



The field of IT is virtually booming today, with more and more advanced technology coming in the market, making life a lot simpler for both home and business users. The internet had been a marvel when it came into existence couple of decades back. Then came email and mobile technology. Then it was broadband, WiFi, and optical fiber communication. Each innovation has been bestowing more benefits on its users. Computers are getting faster and more reliable than ever before. And software is not lagging too far behind either.
Listed below are some of the latest IT technologies that have just entered the IT arena;

1. M- COMMERCE OR MOBILE COMMERCE
M-commerce or mobile commerce is the ability to conduct commerce using a mobile device such as mobile phone, a personal assistant digital (PDA), a smart phone or other emerging mobile equipment such as dash top mobile devices. It has been defined as M-commerce is any transaction involving a transfer of ownership or rights to use goods or services which is initiated and completed by using mobile access to computer mediated networks with the help of an electronic device.
2. E-PUBLISHING OR ELECTRONIC PUBLISHING
E- Publishing or electronic publishing includes the digital publication of e-books and electronic articles and the development of digital libraries and catalogues. E-publishing has become common in scientific publishing when it has been argued that peer-reviewed scientific journals are the process of being replaced by e-publishing

3. V-COMMERCE OR VOICE COMMERCE
V-commerce or voice commerce is a term coined by Nuance communication as an umbrella term for the use of speech recognition to allow for voice activated service, including telephone dealing, internet browsing and email retrieval. Although such devices usually have a limited, specialized, vocabulary that is more elaborated than saying ‘yes’ or ‘no’ or simply pronouncing a number.

4. THE TRIBAND
Triband is usually a mobile phone device that connects online through three radio frequency bands, in order to give better and faster internet connectivity to the user. The triband has become extremely popular in many countries including India.

5. THE QUADBAND
The term quad means ‘4’. The quadband is similar to the triband only. It is yet more advanced. It connects online using four frequency bands. This is a very recent introduction and is slowly gaining more popularity among its users.

6. BLACKBERRY
The BlackBerry is a stunning handheld device that is actually cellular phone which also supports email, browsing, internet faxing, online printing and a variety of other online functions. This is basically designed to let busy business people or executives to access internet even when they have to tour internationally. This efficient palm device easily connects to the internet without the least bit of trouble and can help its user arrange all his data according to his preferences.

7. IPTV (Internet Protocol Television)
IPTV or internet protocol television relies on the triple play service. This delivers broadband connections, VoIP and VoD services too, all the same time. This type of TV is also popularly known as ‘internet television’. This connects online using LANs or other computer networks.

8. TECH EQUIPMENT
A lot of new mobiles, computer and laptop models are too are entering the market every single day, each one with more features than its processor.
GSM mobile phones are being used in a big way to help both the police and the public. These phones help in vehicular tracking and also provide precise city and road maps to those travelling to new, unknown locations.
The latest tech news is that Seagate is planning to introduce its new laptop which is slated to have 10 times more disk storage space than the regular laptop computer. This could lead to a laptop being capable of storing upto one terabyte of data, which is an amazing concept in itself

Above mentioned are some of the latest technologies in the IT field. But today information technology plays a vital role in many industries such as banking, education, automobile industries etc. Some of them are given below;

1. IMPACT OF IT IN TELECOMMUNICATION SECTOR
Telecommunication is the transmission of information, over significant distances, to communicate. In earlier times, telecommunications involved the use of visual signals, such as beacons, smoke signals, semaphore telegraphs, signal flags and optical heliographs etc. But as a result of new technologies are invented just like as first generation, second generation, third generation and fourth generation. Information technology and telecommunication industry are interrelated. So development of telecommunication sector is based on information technology.
2. IMPACT OF IT IN TEXTILE INDUSTRY
Today IT plays a vital role in the field of textile industry. Any manufacturing unit employs 4Ms that is men, material, machine and ofcourse money. To get organizational success managers needs to focus on synchronizing all the factors and developing synergies within and outside organizational operations. With the increased competition companies are taking support of IT enhance its supply chain management (SCM) and using it as a competitive edge. In short, many textile company are liveraging the technical power to adding value to their business.

E- RETAILING
E textile retail giants are adding an internet shopping components to their offering. It has affected their distribution and warehousing infrastructure. As a result of going online, retailers have changed their supply chain strategy. High volume products with stable demand are stocked in local stores, while low volume products are stocked in centrally for online purchasing.

3. IMPACT OF IT IN BANKING SECTOR
The usage of IT, broadly referring to computers and peripheral equipment, has been tremendous growth in service industries in the recent past. The most obvious example is perhaps the banking industry, where through the introduction of IT related products in internet banking, electronics payments, security investments, information exchanges, banks now can provide more diverse services to customers with less manpower. Seeing this pattern of growth it seems obvious that IT can bring about equivalent contribution to profits.
Automated Teller Machine (ATM) is one of the best example of the development of IT in banking sector. If ATMs are largely available over geographically dispersed areas the benefits from using an ATM will increase since customers will be able to access their bank account from any geographic location they want. This would imply that the value of an ATM network increases with the number of available ATM locations, and the value of a banks network to a customer will be determined in part by the final network size of the bank.





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