The aim of this report is to understand the need to use information technology and in the business organization so that they can grow and develop into the markets. The company was initiated in June 1914 as a farmer cooperative company with one of the major functioning in the agricultural and services provider in the western Australian rural community.
The company was started with two segments that is retail and other is related to the resources. As one of the Australian leading company, Wesfarmers is committed to continually improve the technology and management of the company so that they can fulfill the needs of their customers as well as satisfy their needs. The introduction of information technology can help in providing the customers brilliant experience related to the digital world. The entire aim of technological advancement and digitalization it to provide the customers a digital platform. Wesfarmers at present is able to relate and connect to its customers using technological devices to the internet and digital control. The need is to utilize the resources in an efficient manner so that the entire objectives of the improvement in the company can be attained.
The report provides data and information pertaining to the requirement of the information and technology at Wesfarmers. The report also provide further information to the readers related to the information and technology and how the company Wesfarmers can make a difference by using information and technology that can help in the success of the business organization. The major focus of the report is to analyze the need of the information technology for the survival of the company for a longer period of time. It is not only relevant for the company but also for the IT itself as if it applied to the company it will change the entire management that is internal and external management of the company. In order to access the flexibility, revenue, reduction in the cost, etc. there are other changes and risk that are also involved like security, confidentiality and privacy risks related to the business.
The report has focused on the requirements of the information technology and how it is relevant for the business organization like Wesfarmers. There are lots of benefits that a company can have by using information technology in the companies that can be related to the revenue, flexibility, reduces the cost, etc.
The entire range of applications has been increased that need to implement the software that is efficient in nature. The software applications are required to be supported horizontally by using effective sources like infrastructure layers and updated technology. It is the fact that the evolution in the information technology sector and leads in creating and updated data base and collection of elements. The industry of and software is getting broader and larger with upcoming technology that is complied with new technology , multiple service provider, operations services various function, etc that are required to be coordinate so that the work can be done in an effective way.
The industry of is related to the software based applications that need to earn growth and development in the current techniques. It is one of the complex value chain vendor that provides services to the service providers, to the customers, users, etc. as we know that the technology and information play a vital role in the management of the sector o have effective and efficient results. It is more likely to include various types of equipments that are required to provide systematic development and growth in the company. The companies that are of large size nowadays required to improve the structure that are used in this industry. The entire purpose is to raise the outreach that is related to the networking service provider across the internet. The information and technology is very relevant for the purpose of brining changes and improvements at the places where there are loopholes in the process of the same. There is a need to improve the network structure that will help the company to be a leading business organization in information technology.
There is a need to apply Information technology in the company as there are various complaints that have been received related to the infrastructure of the company that connects to the network of the same. In such conditions, it becomes relevant to use the cables and the network that is needed in the IT services connected to another service provider. Wesfarmers is company that is service provider need to develop an effective infrastructure to manage the entire functioning of the business. There are various complaints that are faced by the company related to the efficiency in the management of the overall system. There is a requirement of designing the information and technology structure of the company to manage the IT in a proper way. This is not only relevant from the point of view of company as well as for the growth and development of the IT. There are various equipments that are required in the overall process to manage by the company so that the IT does not create any negative impact as it is complex in nature.
The installation of the application and software must be effective and proper so that the company will be able to compete with the other organization. It is however relevant to develop effective strategies related to the same so that the process of installation can be done effectively.
Meanwhile, the proper installation of software is very relevant as they play a vital role in the further management of other aspects.
It is the fact that there are drastic changes taking place in the sector, due to which the companies have to change the internal and external management of the company’s operations. Wesfarmers is considered as company who is frequently involved in the changes and innovation either by brining information technology. They focus on the overall growth and development of the company. The capacity and size is not the only thing on which the company have to focus as there are other areas also where the IT can be implemented. It is the truth that a company like Wesfarmers if adopt technology in their company than they can have guaranteed growth.
As there is growth and development taking place in the technology, the process of communication has also become very effective. Wesfarmers is a company that continuously looking for the business plans to run the business in a prominent way. It helps in evaluation of the entire process that helps to achieve the goals and objectives of the company. The effective and prominent system helps the stakeholder’s partners, workforce, employees and other associated person to work properly.
There are many types of risk in the information technology and . The major risk is related to the safety and security of the business organization. There is a large data and information that remain insecure which is required to be secured so that no loss can be bear by the company. The risk is also related to the projects, software and applications that can be secured.
The procedure to manage the It is in the hands of the department head that is responsible to take care of the entire functioning of information technology. The company Wesfarmers is more focused towards the increment in the capacity to make changes by accessing and hiring the right people in their company who can control the entire processing. The aim is to monitor the capability, innovation, technology and business models. The overall aim is to gather the relation with the information and global technology. Wesfarmers has digitalized its operations so that they can provide a different experience to its customers. The entire procedure is to give a brilliant digital experience to the customers of the company. The process of monitoring the implemented changes takes place in the company. If any company wants to attain a long term development and growth that is very relevant to implement the framed policies and strategies adequately in the entire operations and functions of the company to gain the positive results.
The recommendations to this company is that they should adopt more advance technology in other work related to the customers handling, billing, maintenance of records of store and other work that can be managed by using information technology,. The company can also use information technology in the online business. They should start their own websites and pages. They can use information technology in the promotion and marketing.
Conclusion:
The conclusion of the present study is that information technology is playing big role in the growth and development of the company. It is helping in the business organizations to have competitive advantage with the help of information technology. In this type of changing business scenario, it has becomes very relevant for the companies to effectively and efficiently implement the prominent mechanism so that growth can take place. Wesfarmers has a clear vision and mission to enhance the position of this Company as one of the leading company who is using information technology and in the markets of Australia. This is well said that the companies who are using information technology are getting benefits and advantages as compares to those who are not using. Information technology is helping Wesfarmers to grow the business effectively and to utilize the human as well as natural resource so that competitive advantage can be gained.
The aim of the report is juts to provide in depth information and data of the company Wesfarmers who is using information technology in their company as a major technology to achieve the goals and objectives of the company effectively and efficiently. This is the concept that has unified the communication and to gain familiarity with the IP telephony system that also provides free call using internet. The entire aim of technological advancements and digitalization it to provide the customers a digital platform. Wesfarmers at present is able to relate and connect to its customers using technological devices to the internet and digital control. The need is to utilize the resources in an efficient manner so that the entire objectives of the improvement in the company can be attained.
References:
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