What are the most important Information Technology Milestones for Business Organisations?

ICT has affected almost each and every area of business world. It has also assisted Govt. to curb tax evasion to a large extent. In manual records, it was not very easy to track the records,it is not so that manual record keeping was not efficient, but when we compare it with digital record keeping, then really manual record keeping seems to be less efficient,as far as retrieval of data is concerned. Moreover, various modes like eTDS, eTCS,e Filing of Income Tax Returns have really made tax payment by assessees, and in that way,Govt has also been able to expand its tax base by creating a large pool of satisfied tax payers. Let us share the experiences, benefits,issues,challenges the taxation has faced in ICT Environment.

In recent years, many technology startups have based their growth and competitive advantage on business, technological, product, service, marketing or other innovations. Banks are reluctant to provide investment loans to emerging startups basing their growth on innovative technologies. In such a situation, innovative startups emerge and are financed through such external sources of funding as investment funds, business angels, securities issuance, crowdfunding and others. Crowdfunding will develop intensively in the future as an alternative to classic forms of external financing for business ventures. It is an alternative to the financial service offerings of financial sector institutions, particularly in the segment of financing innovative start-ups. Commercial banks operating within the framework of classic deposit and credit banking often avoid lending to innovative start-ups due to difficulties in assessing credit risk. In such a situation, crowdfunding can be a good solution to the problems of finding external funding. On the other hand, cryptocurrencies, which operate outside institutionalised and centralised financial systems, are growing in importance. Perhaps in the future, cryptocurrencies will displace traditional currency from online financial transactions between fintechs, financial institutions, innovative start-ups, online technology companies running social media portals and their customers, and between users of these online portals. In addition to this, it is becoming essential to improve the security of online financial transactions and settlements carried out through online mobile banking. In this connection, blockchain technology is developing as an application for securing online transactions and data transfer. An increasing number of large companies are announcing the creation of their own cryptocurrency. Some investment banks such as JP Morgan have announced the creation of their own cryptocurrency for settlements with key counterparties. The development and implementation of ICT information technologies, advanced data processing technologies Industry 4.0 and Internet technologies into the business activities of companies and enterprises facilitates the execution of financial operations on the Internet and ensures a high level of security of Internet data transfer. The development of technological innovations, ICT information technologies, advanced information processing technologies co-creating the current technological revolution Industry 4.0, financing through crowdfunding, securing online transactions with blockchain technology, the increase in the use of cryptocurrencies in these settlements, etc. are likely to be important determinants of the development of innovative, technological start-ups operating on the Internet and factors in the development of the knowledge economy in the years to come. Consequently, the development of open innovation is correlated with the issue of innovation and entrepreneurship development in the economy. A significant proportion of innovative startups develop their business model based on open innovation. On the other hand, in macroeconomic terms, the development of open innovation can be an important determinant of economic development in developing countries and in developed knowledge-based economies. In view of the above, research shows that the spread of open innovation and open knowledge bases is an important issue for building a sustainable economy in a technologically developed and developing country. A number of predictive studies show that cryptocurrencies will grow in importance in the future in financing various transactions and settlements carried out electronically, through the Internet, on social media, in investment banking, etc. Currently, many technology startups base their growth and competitive advantage on technological, product, service, marketing or other innovations. However, in order for the financing of new business ventures, innovative startups to develop using cryptocurrencies it is necessary to increase the scale of systemic formalisation and institutionalisation of transactions carried out using cryptocurrencies, to build formalised cryptocurrency markets and to increase the security of transactions carried out using cryptocurrencies in the future.

In view of the above, I address the following question to the esteemed community of scientists and researchers:

What is your opinion on this topic?

What is your opinion on this subject?

Please respond,

I invite you all to discuss,

Thank you very much,

Warm regards,

Dariusz Prokopowicz

Hi Experts

I want to examine the relationship between Information and Communication Technology (ICT) and Knowledge Management. I found dimensions of knowledge management from literature e.g. knowledge acquisition, knowledge absorption, knowledge sharing etc. but am still struggling to find concrete dimensions (or factors) of information and communication technology. Can you please suggest some dimensions of ICT so that I can investigate their relationship with knowledge management's dimensions?

Thanks

I need assistance from anyone with an understanding of the fusion of ICT and Banking and Finance processes. Anyone with sample material can assist me. The module is for undergraduate students studying banking and Finance.

Do new ICT information technologies facilitate scientific research, the conduct of research activities?

Do new ICT information technologies, internet technologies and/or Industry 4.0 facilitate research?

If so, to what extent, in which areas of your research has this facilitation occurred?

What examples do you know of from your own research and scientific activity that support the claim that new ICT information technologies facilitate research?

What is your opinion on this topic?

Please reply,

I invite you all to discuss,

Thank you very much,

Best regards,

Dariusz Prokopowicz

Certainly.

Computer Science, or Computing, Computer Studies, Information Technology (IT) and Information and Computing Technology (ICT), is about data computation and data processes, as programs and algorithms to manipulate, store, and communicate digital information.

AI Science is to embrace the CS paradigms as science, technology, and mathematics, theory, abstraction (modeling), and design

AI Computer Science is to be about world’s data computation and processes, as intelligent programs and smart algorithms, to manipulate, store, interpret, learn, understand and communicate digital information.

I am just wondering what minimum ICT penetration level is, in terms of Internet, PCs, mobile phone, smart phone, etc., after which Internet based services like e-commerce of e-government can flourish, and behind that level no body can any more blame technology or access for the retardation of that service(s).

your feedback is highly appreciated. 

In my opinion, the fastest-growing business projects are primarily those that are the subject of innovative startups developing dynamically for a minimum period of several years. Startups develop innovative business projects in such areas as: information technology, ICT, Internet, biotechnology, energy, ecology, environmental protection, medicine, agribusiness, etc. In addition, a number of innovative technologies in construction, material, process and marketing innovations have recently been created in the field of smart city, life science, cleantech, medical intelligence and others that are used by companies and corporations operating in various sectors of the national or international economy.

In addition, innovative business projects are also developed in the fields of various fields of information services, advanced data processing, business analytics and the development of teleiform technologies, which together are the pillars of a knowledge-based economy. The current technological revolution known as Industry 4.0 is motivated by the development of the following factors:

Big Data database technologies, cloud computing, machine learning, Internet of Things, artificial intelligence. It is anticipated that in the next years in these fields of science and technology many large startups will be created, which will be developed effectively based on innovative business projects related to the topics mentioned above. On the basis of the development of the new technological solutions mentioned in recent years, the processes of innovatively organized analyzes of large information collections gathered in Big Data database systems dynamically develop.

In each of these areas, many specific design topics can be distinguished, in which business startups develop and reach the minimum level of a medium-sized company or large corporation in a situation of spectacular business success based on a well-designed business and an effectively implemented innovative business project.

In view of the above, I am asking you: In what areas are the most innovative start-ups currently being developed?

Please reply. I invite you to the discussion

How can ICT be used for road safety for both a developed and developing country?