Strategic Information Technology Management Essay - 1

Strategic Information Technology Management - Essay Example Now, it has developed as a Multibillion Dollar Company and today, it is known as the top brands of the world. Besides a large courier and package delivery chain, they also give specialized transportation, investment and electronic business provisions. The company administers route of merchandise, resources and the related information around the globe on a daily basis (Camerer 2003). The company is able to run its business in more than 20 countruies. Development of the Role of ICT The information and communication technology sector is the main source for low income class in developing countries to fullfill their needs of communication and to acquire knowledge. But, it was not always a useful mean to get appropriate income. However, it has been in development phase for last 20 years. Now, it is playing a major role in the expansion of economic opportunities. In 1980s, the â€Å"universal access† was an aim but today, it has become a reality. At present, the information and commu nication technology segment holds Today the ICT sector holds â€Å"hardware, software, the internet, telephony, content, application and support services† (Haycock, Cheadle, and Bluestone 2012). Today, the information and communication technology sector has become the foundation of the current economical globalization and everywhere in the world the ICT sector greatly supports the economic sector. Here are the reasons. Reducing Transactional cost With the help of ICT sector, the transaction cost is reduced and productivity of sectors increases. Immediate Connectivity Through communication technology, companies can easily and quickly get connected to their clients and it is not only voice but video connectivity as well and all... This essay stresses that mobile phones are advanced means of communication and through this device a person can send a message to another person having this device and communicate by making calls. You can take your phone with you whereever you want to go. There are many other devices or ways of communication for delivering information from one place or person to another place or person. With the extended access to information and communication technologies, people are encouraged to use these technologies. The information and communication technology sector is the main source for low income class in developing countries to fullfill their needs of communication and to acquire knowledge. But, it was not always a useful mean to get appropriate income. Today, the information and communication technology sector has become the foundation of the current economical globalization and everywhere in the world the ICT sector greatly supports the economic sector. This paper makes a conclusion that the concept of information and communication technology; their role in the development and the digitization of the economy and also about the new ways of strategic thinking. The role of a manager of UPS, for the development of company with the information and communication technology changes as to how the manager brings changes with the development of information and communication technology. This study concludes that everthing depends upon the creativity of thought of a manager, he can better evaluate as how instantly he accept the changes and respond in the context of that change.