Verified Document

Business Software Technology Term Paper

Business Software Technology The information technology industry is vitally important to the advancement of our society and our world. This discussion will explore the business software technology aspect of the industry. First, we will discuss the tasks performed by individuals in this field. We will then look at the economic impact of this segment of the industry. Finally, we will explore the benefits and rewards of working in the business software technology field.

Tasks Performed by individuals in the Business Software Technology Field

The Business software technology field is critical to the success of any firm. The field researches and develops software applications that allow firm's to thrive. The Business Software Alliance explains that, "Businesses use software to collect, analyze, and present information; to buy and sell goods and services; to design better products; and to facilitate communications." ("Building an Information Technology")

Business software technology is particularly critical for e-business applications. E-business is a growing segment of the industry and requires a great deal of software to ensure the satisfaction of customers and to maintain revenue gains for businesses. Employees in this field are in demand at firms around the country and in nations around the world.

People in the business software technology field are trained to perform the following tasks;

Maintain and upgrade applications

Devise programming solutions to meet business needs

Fashion e-Business and web-based software applications

Installation of programs

Test and improve software programs

Evaluate business requirements ("e-business Technology")

Economic Impact of Business Software Technology

Business Software Technology is also an important part of the economy. A report published by the Business Software Alliance explains the impact of business software on the economy. The report asserts, "The direct effects of the U.S. computer software industry in 1996 included a $102.8 billion market for software...

The report contends that the industry grew 12.5% in the six years between 1990 and 1996. This is 2.5% faster than the overall economy. Additionally, the packaged software segment of the industry grew by 14%.
Benefits and Rewards of entering the field

Benefits

Now that we understand the significance of the industry let's discuss the benefits and rewards of entering the business software technology field. As we mentioned previously this career field provides thousands of jobs nationwide and individuals in the field reap many benefits and rewards. One of the major benefits of working in the field is the knowledge that is acquired. This knowledge allows individuals to contribute greatly to the organization that they work for. Individuals in this field can aid their employees in developing software that can dramatically change the amount of profits that the company realizes.

Schooling and education are another benefit of entering this field. Educational institutions across the globe offer a broad range of courses in the field of Business Software Technology. These programs range from technical certificates to Masters Degrees in the field. Whatever the level of education that one acquires upon entering this field, he can rest assured that there will be jobs available in this field.

Another benefit of working in this field is that highly skilled individuals are in demand. When a company has a demand for a certain type of employee they are often willing to pay top dollar to get and keep the right individual. The BSA explains,

Part of meeting the challenge of technology leadership is hiring and retaining a highly skilled workforce. The high wages paid by the software industry reflect the importance of "human" capital in the industry, and the rapid wage gains of industry employees reflect the growing scarcity of such highly skilled workers."…

Sources used in this document:
Bibliography

Amos, Susan. "Help is on hand for software developers." Computer Weekly. Feb 5, 1998. Retrieved March 21, 2003 at http://www.findarticles.com/cf_0/m0COW/1998_Feb_5/20382110/p1/article.jhtml?term=business+software+

Barack, Lauren. "Software knows if you've been Naughty or Nice. New York Post.

Building an Information Economy." Business Software Association. June, 1997. Retrieved March 23, 2003 at http://www.caast.org/resources/econstudy.pdf

E-business Technology." Seminole Community College. Retrieved on March 22, 2003 at http://www.seminole.cc.fl.us/e-business/softwaretechcert.htm
Cite this Document:
Copy Bibliography Citation

Related Documents

Business Case for Investment Business and Technology
Words: 2534 Length: 7 Document Type: Essay

Business Case for Investment Business and technology investment Kudler Fine Foods is one of the food stores which have always worked towards satisfaction of its customers in every level. With the coming technology it has not been left out and has considered technology investment strategy that will see its customer feel a sense of satisfaction. The paper will analyze the business case for investment of Frequent Shopper Program in Kudler Fine Food. Scope Describing

Hardware and Software Technology
Words: 763 Length: 2 Document Type: Research Paper

Technology Hardware and Software Technology This paper examines contemporary hardware and software trends. Cloud computing is an emerging technology offering computer applications and services that are typically delivered over the Internet on a subscription or pay-per-resource basis. The services are available from data centers that are physically located all over the world, which taken together, are referred to as the "cloud." (The Internet is frequently represented by a cloud in software and

Small Business Software Review the
Words: 2916 Length: 10 Document Type: Research Proposal

Sage, who has seen how costly application customization can be, has created a series of template-based charts of accounts, with the last count indicating they had over 70 of Charts of Accounts that could be quickly used by customers to customize for their business. Sage has also seen that inordinate customization of software can lead to a lack of adoption; hence their motivation for creating a library that can

Women Issues in Software Technology
Words: 1543 Length: 5 Document Type: Term Paper

Women's Issues In The Software Industry L. Jones Women's Issues in the Software Industry Whatever women do they must do twice as well as men to be thought half as good. Luckily this is not difficult. Charlotte Whitton, Canada Month, June 1963 The software industry is widely thought of as a meritocracy. Race, color, gender, and even formal education need play no role in the level of success one might achieve under the banner of

Business Plan Relating to the Sale of a New Financial Divorce Software...
Words: 6850 Length: 25 Document Type: Business Plan

Business Plan for a Financial Divorce Software Business Plan Divorce Software Business Plan relating to the Sales of a new Financial Divorce Software. Business Plan relating to the Sales of a new Financial Divorce Software F F1 F2 F3 G1 G1(a) G1(b) G1(c) Business Identification Keys to Success Company Summary Industry History Legal Form of Ownership Location and Facilities Management Structure Products and Service Market Analysis Target Market Industry Analysis Competitive Analysis Market Strategy Ps of Marketing Price List Selling Strategy Sales Forecast Implementation Strategy Overall Strategy Implementation Control Plan Financial Statements and Projections Revenue and Cost Estimate Forecasted Profit and Loss Statement Forecasted Balance Sheet Financial

Business Plan Biz Online Is
Words: 1164 Length: 4 Document Type: Research Paper

The company shall have sales section, which shall be in charge of reaching market already created by the marketing team. We shall employ gorilla tactics whereby sales people are send to the client premises to discuss and delivery the service or make a deal. The Biz online shall also have a group of sales representative based in the office. These sales representatives shall be tasked with outsourcing potential clients' telephone

Sign Up for Unlimited Study Help

Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.

Get Started Now