Information Technology Essay Example | Topics and Well Written Essays - 2250 words

Information Technology - Essay Example The paper throws light on Information Technology that opens up a vast sea of structured and organized knowledge and information for an organization where the key people in a business are well equipped to take business decisions based on it. This leads to a powerful interplay of power and knowledge which transforms into a business opportunity where the people in power have the strength of knowledge from within the organization. Based on the knowledge with regular data being streamed in for every stage of business operations, the key business managers are well informed and updated to take key business decisions. â€Å"In the development of ERP, knowledge is a critical part of the management of organizational asset. Knowledge has often been seen as a necessary resource of which provides the organization with its competitive advantage. The principle of Enterprise Resource Planning is one of the important components based on which an organization structures its various departments into m odules and correlates their respective functions through IT. ERP of an organization is a huge leap forward towards automization within all departments of the enterprise. It facilitates all the key areas of the enterprise and works in a structured manner where the various ERP modules can talk to each other, share vital information in the form of data, work real time and the effect can be seen instantly in the other department control panel screen. All these functionalities reduce considerable time which in turn scales up the productivity of the existing manpower. The result is the acquiring of structured data within all scales of the organization which gives valuable insight and much required knowledge for the higher management to streamline their business activities and take key business decisions. â€Å"These organization’s aim is to integrate its global operations through the use of the ERP software. However these implementations objectives are often found to be difficult and complicated.†