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Many discrete corporate provide information online fee gateway functio By kabir khan

  in Business | Published 2015-05-04 02:01:40 | 52 Reads | Unrated

Summary

Feepal is the fastest growing online community for fee payment solution Relevant and Much needed information about including latest news about online payment and online fee gateway Current Affairs and CSAT is updated on a regular basis.

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The same social shift in attitude towards technology can also be observed within business, as exemplified by the proliferation of PCs. Originally the purchase and installation of PCs was the sole responsibility of the data processing department. Nevertheless, over time users have become extremely computer literate and now the purchase of a PC and installation of software require assistance from technology organizations only for the interoperation with the corporate infrastructure. From a business perspective, technology is mostly associated with the reduction of cost

pal.in/" target="_blank">fee payment solution, and can be viewed and broken down across the four-part spectrum consisting of hardware and software combinations that perform core operational functions, devices to interconnect business processes, and mechanisms to interact with external entities, amongst others. Each band of the spectrum reflects not only a social shift in attitudes, but also a different rate of technological maturity.

Examining the technological implementation within firms across all industries during the last two decades of the twentieth century, it can be observed that different technologies mature and change at different rates. The rate of maturity can be understood by examining the technologies associated with core business activities, which change less often and remain relatively stable for long time periods, whereas end-user technologies tend to experience a higher degree of volatility and change due to the influence of employees (or users) and consumers (customers). Technologies associated with external linkages such as customers and suppliers can be labeled as delivery technologies. These technologies will continue to change at a faster rate due primarily to competitive pressures faced by hardware vendors. The number of firms that raced to experiment with the Internet during the late 1990s is evidence supporting this phenomenon.

The continued introduction of delivery technologies understates the requirement of greater integration with existing infrastructures. Implementation of consumer-driven delivery technologies will also require a value proposition focusing on the needs and desires of the end consumer. At the other end of the spectrum, the value proposition for core operations technology and, more importantly, infrastructure technology is shareholder value, the ability to reduce cost. Strategically, a robust infrastructure provides a stable connection to the core operations and anticipates continual changes in the delivery end of the spectrum.

It can be argued that within each category of the technology spectrum there are transactions that originate with one group of technologies and flow through to any and all other technologies. Within each type of transaction, a variety of partnerships or relationships will be required, unless a firm is prepared to invest in all the technologies necessary to perform all internal and external information functions. One alternative is to outsource each technology function to third parties that can deliver discrete components within a linked architecture. In the last five years, application service providers (ASPs) have introduced services that facilitate many discrete corporate information online fee gateway functions such as Web-servers, e Mail services and e Commerce engines, thus reducing the need for firms to acquire the capabilities in-house.

One can observe that technologies performing core operation functions and inter-networking are reaching a greater level of stability due to the overall maturity of the underlying infrastructure technologies. The higher level of maturity can be measured by the lower amount of intrusion on systems surrounding the core technology when the core is replaced or drastically changed. This degree of stability can be clearly observed in the core processing systems of banks which have undergone a silent revolution from traditional batch processing to continuous real-time processing without a major redevelopment of associated systems. In fact, the relative stability of core operational systems allows organizations to refocus resources on new delivery mechanisms and concentrate on integrating new technologies. Nevertheless, devices on the far right of the spectrum – those providing conductivity for end-user computing such as PCs, PDAs, mobile phones and other consumer-driven technologies – will continue to be volatile, having ever-decreasing lifespan and therefore increasing the complexity of delivery systems.

 

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Feepal is the fastest growing online community for fee payment solution Relevant and Much needed information about including latest news about online payment and online fee gateway Current Affairs and CSAT is updated on a regular basis.

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