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IMPORTANCE OF IT
Information technology (IT) is an integral part of every single business plan. Information technology plays a vital role in every business type including small, medium and large.

Information technology is used in companies to implement communication. Network (intranet and internet) and email play a key role in the organisational communication internally as well as externally. Today, organisational communication has been developed via chats and Voice Over Internet Protocol (VOIP) and telephones. Inventory management systems will allow organisations to track stocks and activate an order of extra stock when the numbers drop below a pre-defined quantity. Companies connect the inventory management system to their Point-of-Sale (POS) systems to gain maximum efficiency.

The POS system ensures that every time a product is sold, the inventory is updated and information is shared among other divisions. Data is the critical element in businesses today, and the security and effective management of data can be considered key drivers of organisations. This has been simplified by information technology through databases, document digital versions and storage devices. These options have enabled businesses to ensure security, no unnecessary data duplication, data consistency, data backups and easy replication. Data can be hosted online in a secure manner to reduce the geographic boundaries and allow faster access.

Storage data is simply an advantage if the data can be used efficiently. Advanced businesses use data in their strategic planning procedure in addition to the strategic implementation of the strategy. Management Information Systems (MIS) allow businesses to sort and plan sales data, costs, and efficiency levels. Management can find everyday sales levels, allowing them to directly respond to below-than-projected numbers by increasing worker efficiency or dropping the cost of a product. Businesses use information technology to . . . Cont'd in comments

Elon Musk's $50,000 Neuralink brain chip explained as third patient has it implanted

With the news that a third person has been implanted with Elon Musk's Neuralink brain chip, many have been left with questions over what the device actually is and how it all works.

Neuralink was founded by tech billionaire Elon Musk in 2016, with the first brain implantation made around a year ago. Noland Arbaugh was the first person to trial the product, which left him able to play video games with his mind.

During a Las Vegas interview streamed via his social media network Twitter this week, Musk confirmed: "We’ve got ... three humans with Neuralinks and all are working well."

How does Neuralink work?
Having a chip inserted into your brain might sound like the plot of a wayward sci-fi movie where all hell breaks loose
Noland Arbaugh, who was paralyzed below his shoulders after a diving accident, demonstrated how he can now independently play chess, video games and learn languages when he wasn't physically able to before.

Neuralink works by targeting individual neurons - unlike other BCIs - providing crucial data for thought-decoding.

How are Neuralink chips implanted?
To implant a chip, the Neuralink device - smaller than a 50 cent coin - is inserted into the skull with microscopic wires.

These can record and decode neural signals, which are sent back via electrical stimulation to a receiving unit. This enables users to control devices solely through thought.

The business has also developed a robot to surgically implant the device.