What is Information Technology?

May 3, 2020

What is Information Technology?

Information Technology, also known as IT, is a vast umbrella term used to cover the uses and applications of computers for storing, manipulating, retrieving and transmitting data information in its many forms. 

When did IT really kick in?

While managing information in its variety of media is a fundamental capacity of human beings, Information Technology as a phrase first appeared in 1958 in a Harvard Business Review article and pertains to three main activities – processing information, applying mathematics and statistical methods for making decisions, and higher-order thinking simulation via computer programs. 

What is IT used for?

The most advanced and modern IT activities include Probability & Predictive Analytics and Artificial Intelligence. But most business IT applications pertain to the general processing of information for standard business activities. The vast majority of IT operations are for everyday business functions.

How does IT work?

For commercial institutions, data processing occurs in many formats through an information technology system – an IT system. IT systems include computers, monitors, software programs for processing data in various ways, Intranet systems linking individual computers together for the sharing of information and communications, and Internet systems that allow individuals to tap into information systems outside of their physical location – sometimes across the globe. 

Where is the data stored?

Data storage occurs on personal computers and also in databases for holding tremendous amounts of information – sometimes on-premises and sometimes stored off-facility in data warehouses. A newer model of Cloud Storage and Cloud-based data processing applications is growing in popularity.

Companies engaged in the IT industry comprise the Tech Sector or Tech Industry. According to the US Government, there were more than 100,000 IT and software services companies operating in the United States as of 2015.

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