Why is Technology Important in Business? An Original Article from eHow. No matter the size of your enterprise, technology has both tangible and intangible benefits that will help you make money and produce the results your customers demand. Technological infrastructure affects the culture, efficiency and relationships of a business.
Computer Programs and Business Methods Computer technology penetrates nearly all areas of our life, not only in business environments but also in daily surroundings. But a computer cannot operate without instructions.
These instructions, so-called computer programs or software, may be incorporated in the computer or any other apparatus, but are often stored, reproduced and distributed on portable media such as CD-ROMs or transmitted on-line.
Once created, it is often possible to reproduce software easily at very low cost, and in unlimited quantities. Since such concepts frequently fulfil technical functions, such as controlling machines or processing data, the patent system is often available to protect software-related inventions that involve such technical functions.
Generally, several approaches have been taken in protecting software by means of patents. While some countries grant patents for all types of software, computer programs are expressly excluded from patentable subject matter in many countries.
As justification for excluding software from patent protection, it is often said that innovation in this field typically involves cumulative, sequential development and re-use of others' work, and that the need to preserve interoperability between programs, systems, and network components does not fit with the mechanisms of the patent system because the range of options available to the second-comer may be constrained.
On the other hand, some argue that patent protection of computer software is necessary in order to provide adequate incentive for investment in this field and to support innovation in various technological areas, which are increasingly developing hand-in-hand with computer technology.
Business methods In recent years, another similar issue has arisen: Traditionally, business methods have been either in the public domain or protected under trade secret law. Today, however, information technology offers possibilities for new business models, using information technology as a tool for processing and transmitting various data, such as technical, commercial and financial data.
Due to the high economic stakes associated with such new business methods and the expansion of e-commerce in our society, the debate on the feasibility of patenting business methods has continued at various fora.Disgruntled Employees As a business owner, this will be one of the most common legal headaches.
In America, employees have far more rights than other countries, in the form of unions and reasons for "wrongful termination".
A business that has the technological capacity to research new opportunities will stay a step ahead of its competition. For a business to survive, it must grow and acquire new opportunities.
The Internet allows a business to virtually travel into new markets without the cost . The Information Technology Team provides patentability advice and analysis of all types of computer-implemented methods, business processes, and software inventions for use in hardware systems.
We work with our clients to identify transformative processes and explore how these processes are tied to a particular computing device. Traditionally, business methods have been either in the public domain or protected under trade secret law.
Today, however, information technology offers possibilities for new business models, using information technology as a tool for processing and transmitting various data, such as technical, commercial and financial data. Patent organization’s business area by developing and implementing strategic information technology planning process.
These reference UNITED STATES PATENT AND TRADEMARK OFFICE 4 OvERvIEw OF INFORMATION TEChNOlOgy PlAN FOR Fy - alphabetnyc.com 5 Presidential Objectives and. Because technology is so central to running a business today, you need to plan what technology you will use and how you will use it.