Explain the importance of information technology and systems in businesses today

Explain the importance of information technology and systems in businesses today. Include at least one (1) real-world industry example where you believe information technology has changed the way that business is performed in that industry.

Information technology is important in every aspect of life in the modern world. In business, information technology has introduced innovative ways to manage business related data in efficient ways in the form of well managed storage databases. It is technology that has enables business to work in collaboration from distant parts of the world.

If we take the example of internet, businesses have websites that ensure their global presence and their customers can find these companies easily and contact them for their services.