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IT or ICT offers electronic security, storage, and communication efficiency. Information technology requires computer software to carry out the work, and computers link IT to the many companies around the world. It aids staff in keeping track of their numerous clientele from various businesses.
Numerous research has been done to determine the importance of IT and ICT. Therefore, It is found out that Swiss and medium‐sized companies can benefit from information and communication technology. It helps the company to grow. In the end, we can conclude that IT plays a vital role in the development of Swiss and medium-sized companies.
Source - Janvrin, D., Bierstaker, J., & Lowe, D. J. (2008). An examination of audit information technology use and perceived importance. Accounting Horizons, 22(1), 1-21.
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The most prominent example of an information System is - Transaction Processing System, Management Information System and Office Automation System.
Mainly there are five types of information systems.
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