Technological developments have brought convenience to humans, including in business matters. Information technology is very important for organizations and companies, where it will simplify existing business processes, resulting in better results.
However, until now, the technology business looks very promising, especially in the communications and internet sectors. According to data from Sisco Systems, it is estimated that by the end of this decade there will be around 50 billion devices connected to the internet.
The importance of IT investment.
1. Increase competitivenes
IT investment allows your company to be more advanced in the field of information technology, and this will increase your competitiveness with competitors. Investing in IT can help your business processes, from automating all manual tasks, to using data better and more securely.
The more innovative you are in using technology, the more added value your company will get.
2. Saving time
Information technology can help all your business processes, and this will save more time. Now everything can be solved with information technology, from communicating to even processing data. IT investment will make your company more efficient in terms of time, and all work will be completed more quickly.
3. Business security
Business security is something that needs to be considered, because threats could disrupt existing business processes. In the current era, the threat of cyber attacks is very diverse and has various ways to attack a company.
The following is a list of investments in the technology sector
1. Cloud Technology
The concept of using cloud computing technology is becoming increasingly well known, business in the field is developing and in the next few years it will become an important business in technology because hardware will use the cloud as its main data storage.
With the advent of cloud technology, technology device manufacturing companies are producing devices that are lighter, smaller and thinner. In the end, everyone will depend on the internet and the cloud to store and access data. Seeing this opportunity, many companies have started investing in the field of cloud computing. Based on research by Oxford Economics, it is estimated that 69 businesses will have invested in this field over the next three years. The profits of this cloud business are expected to continue to increase to reach 200 billion dollars in the next five years, this is almost three times higher than last year which only reached 60 billion dollars.
2. Cyber security
With the development of internet technology, it turns out that there are negative excesses, namely that crimes in this field are increasingly occurring. One of the promising opportunities in this business is providing online security or cyber security services. With the increasing use of cloud technology, it not only provides convenience, because it turns out that using the cloud is more vulnerable to cyber attacks than using data storage on hardware. For this reason, in the future the need for online security services will be very large.