Information Technology (IT) in Business

Objectives On completion of this tutorial, you will be able to: Define computers and identify their hardware and software components Define Enterprise Resource Planning (ERP) and list its potential benefits and applications, including the role and uses of automation Recall key events and technologies in the development of networking and the Internet Name the six stages of IT development Tutorial Overview Information technology (IT) has transformed business, and in recent years, this process has accelerated with the emergence of new networking and programming capabilities. While relatively few financial professionals need to develop coding skills, all can benefit from an enhanced understanding of the role of technology in the financial industry. This tutorial provides an overview of the role of IT in business, covering its evolution from the earliest days of computing to contemporary developments in artificial intelligence, cloud computing, and other areas. Prerequisite Knowledge None Tutorial Level: Introductory Tutorial Duration: 60 minutes