Financial

Information technology plays a huge role in financial services for many different reasons, but most importantly on the electronic networks that exchange information.

When you look at financial services currently, they are all molded based on creating a faster, more efficient service for customers which focusses towards more mobile-based quicker options. Since cloud-based technology information is so often used, the importance of information technology is incredibly vital.

When looking at information technology we must look at the entire global financial systems in place which allow this type of technology to thrive and function at an entire global level. It allows financial institutions to constantly attain new info at the same rate as their competition. The impact also allows customers to be able to easily complete online transactions, which creates a better convince in finance, allowing for the development and initially create a more fast and efficient service. The growing modernizations that are surrounded around have greatly enhanced the way we use financial reports.

Creating more automating and commoditizing processes intensifies the power of information technology in our society today. The importance of computers in finance also improves data storage, file management, and data reporting. Cloud-based services such as Dropbox are a huge role, but these services play tangent roles with data reporting and analysis.

With information being more prevalent and the modern consumer becoming increasingly market savvy, the retail and manufacturing industry is evolving at a rapid pace to serve the consumer better. While the retail and manufacturing industry has been early adopters of IT, the increasing sophistication of consumers provides compelling reasons to leverage IT to brand and capture mind share with each consumer. Organizations are looking to optimize their supply chains, become more creative with their marketing campaigns (digital and mailers), and understand the rapidly evolving tastes of their consumers.

Retail And Manufacturing

With information being more prevalent and the modern consumer becoming increasingly market savvy, the retail and manufacturing industry is evolving at a rapid pace to serve the consumer better. While the retail and manufacturing industry has been early adopters of IT, the increasing sophistication of consumers provides compelling reasons to leverage IT to brand and capture mind share with each consumer. Organizations are looking to optimize their supply chains, become more creative with their marketing campaigns (digital and mailers) and understand the rapidly evolving tastes of their consumers.

Healthcare

Healthcare information technology involves the use of technology to record, assess, and distribute patient-related data. The goal of information technology in the healthcare industry is to improve the overall health of the population by improving the quality of care that patients receive.

Assists in the delivery of more accurate, actionable, and more accessible information related to patients’ health, and this information is better customized to meet the needs of individuals and allows for faster and more informed decisions concerning health-related risks that impact individuals, as well as the public. Enhanced knowledge and more informed decisions regarding health-related information that affects individual patients and the public at large. The use of information technology in the healthcare sector has been proven to significantly improve the quality of care that patients receive and allow for easier access to explicit care guidelines, which prevents processing errors and thus, improves the quality of care.

IT improves more than just patient records; it also improves nursing care. A new health-related discipline – nursing informatics – has become widespread in the healthcare sector. This discipline joins together nursing with information technology management and nursing to provide customized care for individual patients. It improves the collaboration between medical professionals by reducing errors and miscommunication, thereby improving patient care and the outcome of treatment programs and certainly improves patient care.

Energy And Utilities

The Energy & Utility industry continues to face challenges such as evolving government regulations, growing environmental pressures. The industry is also seeing a convergence of infrastructure with IT as well as initiatives to realize energy conservation, sustainability challenges and to better understand consumers’ energy usage patterns.

Energy and Utility companies are undertaking new initiatives in Enterprise Asset Management Systems, “Smart Initiatives” (Smart Connect/ Smart Grid/ Smart Connect, etc.), Force Field planning and management, Workflow Automation and Collaboration, and Integration with HAN (Home Area Network) while tackling a variety of on-going IT and security challenges. As a result, there is a large demand for qualified professionals to help execute and implement these initiatives.

Government

From the smallest town agencies to the largest federal departments, new software solutions typically provide convenience and brand-new challenges in equal measure. Finding a mix of solutions that satisfy employee needs, meet public demands.

This is particularly important because government agencies are adopting new IT systems and upgrading current ones at a faster rate than ever before, which has created an environment where modern solutions especially cloud-based ones need to be compatible with legacy systems that have often been in place for years. Moreover, with robust security and data protection being essential in the public sector, IT teams are left trying to manage different users across different systems and applications in a way that will not put the organization at risk.

Government agencies exist in a unique space in terms of technical needs and ongoing evolution. Critical legacy systems must be logically and functionally linked to newer, cloud-based solutions with tools that support the transition from the former to the latter as they happen.

Recognizing the need is only the first step of vast government digital footprints, leaving technological stakeholders to throw up their hands and assume it simply cannot be done. The same assumption can ultimately harm efficiency and productivity as well. Provisioning, access auditing, and lifecycle management may seem like massive time expenditures. Putting it all together, Beta Eight offers government agencies at the state, federal, and local levels easy, cost-effective way resources to meet today’s demands and make the best choices for tomorrow.

Telecom

The demanding needs and preferences of consumers in the telecom industry have led to a faster churn-out of telecom products and services. But factors like increasing competition, changing regulations, converging business boundaries, time-bound production schedules, and the time to market have prevented vendors from discerning exact client requirements.

While the industry has shifted from product-centric to consumer-centric operations, there still exists a gap between analyzing customers’ needs and modifying business processes to meet those unique needs.

This scenario is testament to the premise that Business Intelligence (BI) integrated with traditional Client Relationship Management (CRM) solutions can create substantial profit in the existing CRM environment.

Business intelligence (BI) enables companies to make informed decisions based on available or mined data existing in different networks. We at Beta Eight can assist telecom vendors in managing data revolving around consumers, through comprehensive BI and Data Warehousing (DW) solutions.