ICT refers to any digital technology that helps people, businesses, and organizations use information. It applies to all electronic products that deal with digital information. As a result, ICT is concerned with the storage, retrieval, and transmission of digital data.
ICT allows a company to be more efficient, effective, and responsive to consumer needs. Design, manufacturing, R&D, distribution, sales, and feedback are all areas where ICT can help. “Contrary to common opinion, ICT will lessen the need for face-to-face communication and result in higher economic dispersion,” says Prof. Nassif. Information and communication technology (ICT), she says, boosts productivity.
This issue looks at the impact of information and communication technology on numerous aspects of development and advancement. It emphasizes the importance of information and communication technology (ICT) in facilitating a wide range of services and transactions, such as online banking and company-provided online services.It goes over the various authentication mechanisms that are utilized in online banking and other online services. ICT is a key channel for facilitating the provision and accessibility of a wide range of financial services, as well as increasing institutional and corporate efficiency, cutting costs, and promoting and enhancing communication.
To address the function of information and communication technology in business, various study areas could be recommended. Software piracy, for example, is a global, multifaceted phenomena that poses a significant threat to software developers. The SP problem has become more widespread around the world as a result of the Internet’s pervasiveness and the advancement of information technology, both of which have increased the likelihood of increased intellectual property rights violations. To effectively reduce SP in Lebanon, however, it is necessary to first understand the underlying reasons and justifications for SP practices, as well as the rates of SP and the factors that influence them.