How Technology Has Changed The Way We Conduct And Transact Business

1689 WordsApr 26, 20167 Pages
Computer technology will continue to flourish throughout the passage of time. Technology has changed the way we conduct and transact business. As a result to these technological advances businesses were required to adjust and adapt through the means of Computer Information Systems (CIS) to survive in the modern business world. The workplace has changed significantly over the last half-century due to CIS. CIS has an effect over the business world, impacting how companies develop and market their products, in conjunction with how people communicate and accomplish their jobs more efficiently and successfully. The CIS field has grown drastically over the years. The employment in CIS is projected to grow 22 percent from 2010 to 2020, according to The Bureau of Labor Statistics. In 2020 there should be over 664,800 jobs open in the IS and CIS field (Thibodeau). Computer information systems has revolutionized business by increasing a companies’ functionality, improving data collection and lastly by ‘flattening’ the world. First and foremost CIS, also known as Computer Information Systems, is an “integrated set of components for collecting, storing, and processing data and for providing information, knowledge, and digital products. Business firms and other organizations rely on information systems to carry out and manage their operations, interact with their customers and suppliers, and compete in the marketplace” (Zwass). CIS is the combining of users, technology and processes to
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