Impact of ICT on The Bank Of Cyprus
Information and communication technology has had a dramatic effect on the way communication takes place in a business.
Businesses rely more and more upon modern technology to communicate. This is because new methods make communication:
- more reliable
- more targeted
- more convenient
- more versatile
New technology means there are new ways of doing things around the work place.
The new technology means the introduction of:
- network databases and
- The Internet.
The introduction of computers means workers can do their work faster, more efficiently and more accurately. Computers also allow simple tasks to be done quicker, such as writing a single letter and printing it as many times as needed. Computers also allow access to the Internet and e-mail.