Welcome to our Presentation

Presentation On

Casual Link between IT &

Business Development in

Bangladesh

Presented To

Mohammed Mizanur Rahman Lecturer

Department of Accounting & Information Systems

Comilla University

Sl No. NAME OF STUDENTS CLASS ID 1 F.M.

GolamKibriaMasum0906001

2 Fatema Noor Jannat Liza

0906003

3 Priya Saha 09060045 Md. Jakir Hossian 0906006 6 Md.Manik Miah 0906008 7 Nushrat Jahan 0906009 8 Md. Sanaullah 09060119 Md. Shajib Rahman 090601210 Takia Begum 090601411 Md. Sharif Mia 0906013

Presented By

History Of IT In BangladeshBangladesh has a relatively long experience in the use of computers - the first "second generation" computer was installed in 1964 at Dhaka and very soon some of the large banks and industrial concerns started using computers, mainly for accounting and payroll applications. The utility companies also started using the bureau facilities of these installations for their customer billing. Unfortunately, the financial crisis that the country faced immediately after its independence in 1971 did not permit the sustenance of this early lead and lack of maintenance forced the closure of most of these installations. But A large number of Bangladeshis are now working in the IT field in different companies and business organization has started to use IT in every sphere of organization.

Uses of IT in Business

Uses of IT in Different Department of Business

Accounting Departmen

tManufacturi

ng Department

Marketing Department

Science & Research

Department

Office automatio

n

Management

Department

HRM Departme

nt

Uses of IT In Office Automation

Access to other

networks for

information

exchange

Database applicati

ons

Drawing diagrams

Electronic mail

facilities

Use of IT Management Department

Network analysis

Linear program

ming

Financial

modeling

Uses of IT in Accounting Department

Equipment

Software

Internet

Security

Uses of IT in HRM Department

RecruitmentTraining &

development

Performance management

Uses Of IT in Manufacturing Department

Manufacturing

Stock Contro

l

Production

Control

Labor Contro

l

Engineering

Design

Uses of IT in Marketing

IT In Marketin

g

Sales promotio

ns

Advertising

Direct marketin

gSelling

Public relations

Uses of IT in Scientific and Research Department

IT in Scientific and

Research

Mathematical and

statistical analysis

Design work

Robots

Weather –forecasting

Other Uses of IT in Business

Enterprise

application

Software (EAS)

Online Analytic

al Processi

ng

Reporting

Software

Data Mining

Recent Uses of IT in Business

Social Media

EFTPOS

Electronic commerce

Online Shopping

Electronic Banking

Project Management

Software

Management Information

System

The Role of IT in Business Development

In today's ever-evolving business landscape, information technology (IT) has become as integral to a business development plan as marketing, research and development and product distribution. Businesses use IT for both internal and external applications, and better IT improves productivity and business management. Failure to invest in IT strategies at the outset significantly diminishes a business' competitiveness as more and more companies recognize the necessity of integrated IT. An IT business development manager helps the company for which he works to expand by increasing business opportunities for the organization. He also comes up with strategies that will enhance the smooth running of the organization, product development and product distribution. He deals with the sale and supply of computer hardware and software, telecommunications equipment and services. The IT business development manager also deals with the outsourcing and delivery of products to clients. He informs and presents clients with any service offerings that the organization provides.

Instructions to Integrate IT into Development Plans of Business

Update IT systems as necessary to meet or exceed industry standards. How effectively your company shares information internally, meets external expectations and analyzes productivity and profitability will determine its position within the industry in comparison to competing companies, as well as its potential for growth.

Comply with government regulations. Do appropriate research into state and federal regulations that govern information and information services. Ensure that your IT systems are designed to meet those regulations.

Invest in IT infrastructure as the foundation of your IT business strategies. IT infrastructure includes security, messaging services, and accessibility, backup and recovery and maintenance strategies. IT infrastructure is a key element in supporting day-to-day business operations.

Incorporate strategic business drivers into IT systems. Strategic business drivers allow managers to gain insight into productivity issues and other business sectors in order to obtain a competitive advantage and optimize profitability.

The Role of Information Technology to Setup Corporate Strategy

Information Technology

Relevance

Tools

• Transaction Processing System• Office information System

Support to Business operation

• Management Information system

• Decission Support System

Management Support System

• Introducing new technology• Implementing new decison

Support of Comparative Advantage

The Role of Information Technology in Development of Different Category of Business

Positive Impact of Information Technology in Business

Technology allows companies to go paperless depending only on digital database to store important data.

Information technology affects the accuracy of business operations. Now a company uses a computerized accounting system.

The replacement of labor low skill jobs that involve repetitive, non-cognitive processes are increasingly automated away by technology.

IT allows companies to communicate easily regardless of distance.

It has changed the marketplace from geographically – based to Global. IT permits business to take their operations into a worldwide

Negative Impact of Information Technology in Business

Compared to conventional tools, there is cost of these technologies; some amount of money has to be paid.• Although they are good in storing information,

this information may lose in event of some physical damages, fire or viruses.By using these technologies, the number of

employees may decrease because these technologies will do those employees work.• People relationship in person may decrease.

Mostly by using IT and its devices, the privacy of the people are limited. Therefore one business may be under control and monitored by these technologies.

THANK YOU

Any Questions?