Impact of it boon or bane

Remya Ravindran
What is Information Technology?
IT can be defined as the technology involving
 the development,
 maintenance,
 and use of computer systems,
 software, and
 networks
 for the processing and distribution of data
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Remya Ravindran
Transformation of technology the last 20 years
New apps is
being created
Every 60
seconds
iPhone – The 1st smart
phone introduced
6 years
ago
Blackberry
launched
12 years
ago
Google named
the best search
engine of choice
by PC magazine
15 years
ago
First mobile phone
with internet
connectivity
17 years
ago
Internet
Commercialised
18 years
ago
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Remya Ravindran
Impact of IT – On Education
 IT has revolutionized the classroom
 Classroom are retrofitted with smart boards and computers
BOON:
 Access to variety of learning resources
 Anytime and anywhere learning
 Better access to children with disabilities
 Audio visual enabled learning
BANE:
 Excessive commercialization of the
World Wide Web diminishes
educational value
 Plagiarism
 Cyber bullying
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Remya Ravindran
Impact of IT – Business
IT provides competitive advantage to business
BOON:
 E-Commerce
 Virtual organizations
 Increased efficiency in operations
 CRM
 Sales Forecasting
BANE:
 Constantly changing technology
 Increased Threat
 Higher Competition
5

Remya Ravindran
Impact of IT – Banking
 IT has helped banking sector to reach the remotest parts of the world
BOON:
 Remote banking, E – Banking, ATM, Tele
banking
 SWIFT , NEFT facility
 Integrated customer data for better
customer services
BANE:
 A foolproof system doesn't exist
 Cyber frauds
 Risk of false identity and stolen
accounts
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Remya Ravindran
Impact of IT – Social Networking
BOON:
 Facilitates open communication
 Opportunity to widen social and business
contacts
 Helps in creating awareness
BANE:
 More prone to frauds by hackers
 Identity theft
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Remya Ravindran
Impact of IT – Health care
 IT has enabled implementation of EHRs – Electronic
Health Records
 Reduction of immortality rate.
 Tele Medicine.
 CT / MRI Scan Machine
BOON:
 Allows easier access to medicine or
treatment.
 More complete and current medical
history
 A through checkup and appropriate
diagnose.
BANE:
 Expensive
 May not be compatible
everywhere
 Cannot be completely Reliable.
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Remya Ravindran
Pros and Cons of Information Technology
PROS:
 Globalization
 Communication
 Cost effectiveness
 Comfortable life
 Bridging cultural gap
 Easy accessibility of information
 Unlimited data storage and
backup
 Online booking of tickets
CONS:
 Digital Divide
 Cyber crime
 Security threat
 Privacy concerns
 Unemployment
 Intellectual property crime
 Cyber terrorism
 Computer related diseases
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Remya Ravindran
CONCLUSION
 IT revolution is the most influencing force in world today
 IT is a BOON : Power of IT will;
 shape the future of business,
 shift paradigms,
 and transform our world for the better
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Impact of it boon or bane

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