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Pros and cons of technology

Over the last two decades, technology has evolved, and gadgets and the Internet are the main agents responsible for this technological development.

This evolution of technology has expanded in all areas of activity, from medicine to production lines, including education, sports, psychology.

Advantages

The main advantage is the quick, easy and so useful access to information.

The Internet is a huge universal library, the largest there can be and where we can find articles, books, publications, magazines, textbooks, encyclopedias or various treatises. Users find here quick and easy answers to almost any topic, multiple information to document, digital books, everything in the shortest time and just by one click of navigation.

A second advantage is provided by social networks such as Facebook, Instagram and applications such as Snapchat, which gives us the opportunity to share photos, to get in touch with people from any corner of the world, to get closer to worlds removed and always be up to date with new trends in all areas.

Disadvantages

A first disadvantage would be that caused by the state of immobility caused by the dependence on games, series or social networks: there are young people, but also adults who spend most of their daily time, around 9 hours/day with games.

Another disadvantage is the long-term exposure to radiation emissions from the screens of electronic devices, which causes serious disorders and health problems. Sight is most affected by prolonged exposure to the screen of electronic devices. Also, the quality of sleep suffers when we use the mobile phone before falling asleep due to the emanations of blue rays, and back pain or spinal deformity are the result of an incorrect and prolonged position adopted on the chair in the office.

The disadvantages also come from the equipment used, which, despite the high degree of performance offered by the latest technological achievements, can be totally inoperative in case of non-existence, interruption or poor connection to a network or when the Internet does not work.

If technology could be used only for beneficial and not destructive purposes for mankind, the evolution of human intelligence would be auspicious. Technological development has equal advantages, through the huge contributions from all fields of activity, as well as disadvantages, in that simple, human joys can be eliminated.

Why Small Information Technology Businesses Need Financing

Pinjaman peribadi bank rakyat 2018 or personal bank loans are applied for by individuals for personal use such as medical expenses, educational expenses, or to consolidate debts. Business loans, on the other hand, are specifically used for your business needs.

It is a fact that having sufficient financial resources is one important factor to consider when starting or expanding a business. One growing business trend today is in the Information Technology or IT sector.

IT or Information Technology, as defined by Business Dictionary, “are set of tools, processes, and methodologies (such as coding or programming, data communications, data conversion, storage and retrieval, systems analysis and design, systems control) and associated equipment employed to collect, process, and present information. IT also includes office automation, multimedia, and telecommunications”. This also includes individuals who develop, implement, and use these technologies.

Through the years, the IT industry has made and is still making a huge impact on modern society. Aside from this, they also have powered economic progress around the globe. Because of these technological advancements and innovations made by them, the IT industry plays a very influential part in the way business is handled and steered.

Why finance small Information Technology businesses?

Many IT companies, particularly small business owners, are struggling to meet daily operations and payroll costs because of the augmented necessity for more advanced technologies and more excellent developers whose skills are perceived as rare and important assets today.

A working capital financing option is imperative to aid in the funding of the improvement and advancement of new products in the IT industry that’s rapidly progressing. It is essential for these small businesses to keep up with customer demands and having sufficient capital is a must.

A working capital financing option can also be utilized in the expansion of a business. Business expansion may be in terms of the renovating an existing physical business establishment, or the purchasing of equipment needed for your business. Keeping your equipment up-to-date is vital for businesses that are in the Information Technology sector to be able to create quality and superior hardware and software.

Marketing and advertisements are also needed to promote IT products. This could be quite expensive too since many of this products need product demonstrations. Loan options to support your marketing plans and strategies for your new products will possibly be the defining factor to beat your larger competitors’ products.