The Importance of IT in Business

Information technology (IT) plays a critical role in how businesses gather, store, analyze, and display data, which directly impacts decision-making. Effective decision-making is essential for prioritizing resources and ultimately growing a business. Companies often start using simple tools like Google Sheets or Excel to manage their data, which, while flexible, can lead to significant problems as they scale, such as data inaccuracies and difficulty in organization. Transitioning to a more robust IT infrastructure becomes necessary to ensure data integrity, as potential buyers will assess the quality of a company's data when considering acquisition.