ARE THE PROBLEMS IN INFORMATION TECHNOLOGY SKILLS SOLVABLE, OR WILL STAY FOREVER?

Journal Title: FBIM Transactions - Year 2019, Vol 0, Issue 2

Abstract

The fourth world revolution of science and practice belongs to the application of new IT information technologies and their great application in all spheres of business. Starting from the most developed social network - the Internet, where the public use of this network is open, but as the data show, there are examples in the world that prove otherwise, that is, the nature of the Internet through its use threatens closed information networks, e.g. developed by the financial industry in the late 20th century. The problems that have resulted in this conflict are primarily explained by banks. That said, these technologies have dominated form, as information-sharing and information-security technologies. According to the data, the evolutionary development of online commercial transactions began back in 1995, and by 1998, more than $ 50 billion in transactions had been processed through the Internet. In the 21st century, the annual value of Internet transactions has increased significantly, which consequently requires more networks, more computers, and more security programs. Thus, it is mainly financial institutions that are focused on developing and acquiring more skills in using IT technologies to compete. A clear conception of implementing IT prefers precision, that is, financial institutions cannot compete without a broad and secure information network, which is to say that information technologies are essential for business processes and long-term success. What is meant by the term ''Global Financing''? In the modern financial world, this is practically explained as follows: that information technologies enable, globally, financing to operate on the basis of a business syntax that structures the conception in the IT sector for finance as follows: "that financial markets can be considered as the first organized global information markets to operate over networked computers." The bottom line is to realize in the information world that most people do not plan to fail. Although sometimes costs are high, skills in the IT environment need to thrive because you don't have to wait for a money to be made and costs reduced. As the data say, it sounds good, but it never really happens. A goal-based financial plan helps to do what is best for a successful business. The goal is to streamline the financial planning process and to eliminate all assumptions or speculations, which may be. Basically, in order to focus on using your own skills when applying IT techniques and technologies, the following should be done: 1. Know the plans and prioritize them. 2. Minimize the chances of success. 3. Define a strategy for applying skills. 4. Develop and apply the flexibility of applying these skills. 5. Ready to respond to market needs and fluctuations.

Authors and Affiliations

Hana Rizqallah Qananah, Khalefa Altaher Mohamed Alnagasa, Mohamed Salem Almabrouk, Nada Zivanovic

Keywords

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  • EP ID EP655983
  • DOI 10.12709/fbim.07.07.02.13
  • Views 67
  • Downloads 0

How To Cite

Hana Rizqallah Qananah, Khalefa Altaher Mohamed Alnagasa, Mohamed Salem Almabrouk, Nada Zivanovic (2019). ARE THE PROBLEMS IN INFORMATION TECHNOLOGY SKILLS SOLVABLE, OR WILL STAY FOREVER?. FBIM Transactions, 0(2), 118-123. https://europub.co.uk/articles/-A-655983