Computer today has made an impact in virtually all aspects of human endeavor. Take marine studies as a case study, new horizons have been found. In the past there were a lot of limitations but with the help of computer controlled equipments areas under water that were termed as dead are excavated by machine and not humans to protect life. In health-care today, computerized equipment has helped save time and life. This means the speed and efficiency of the machines have helped cut down on the time spent in service delivery. This term paper looks at the use of computer in business modeling. The transformation computer has brought to companies and firms, mode of business transaction and stock keeping.
CHAPTER ONE
1.1 Computer Business
Computer business, wide range of activities based on the manufacture and use of computers to satisfy business or personal needs. This involves the design and construction of hardware (computers plus peripherals such as printers), the specification and coding of applications programs (software), and the running or execution of programs, often by trained operators. Computers now range from pocketsize electronic organizers to powerful business systems—for example, airline reservation systems—that fill large halls, and hundreds of thousands of programs are available to run on them.
1.2 Computer Businesses and Electronics Business
The computer business is based on the electronics business, which manufactures integrated circuits (silicon chips) and other parts. It overlaps with other industries such as consumer electronics, office systems, and telecommunications, so it is difficult to put a value on it separately. An analysis by the Massachusetts-based International Data Corporation put overall worldwide spending on computer products and services at about US$700 billion in 1996. The industry has been growing at 12 to 16 per cent per year by value, but because computer prices are falling, the growth in unit sales—and the number of users—has sometimes been greater than this suggests. The American company International Business Machines Corporation (IBM) has dominated the computer industry since the end of the 1950s, and although it lost market share in the 1990s, it is still by far the largest supplier. It is involved in every aspect of the business, from chip manufacture and software development to managing and providing financing for other companies’ computer facilities. In 2000 IBM’s annual turnover reached US$88.4 billion. However, smaller firms such as Intel and Microsoft Corporation have recently become more influential, because of their contributions to the fast-growing personal computer (PC) sector.
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