Modern Technologies in Business Essay

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5G has the potential to improve many aspects of a business. Currently, there are low-band, mid-band, and high-band types of 5G that differ by speed. However, all three types provide higher-speed communication than 4G and lower latency to its historical minimum. Due to these improvements, 5G will also increase connectivity between devices. By advancing remote technologies, 5G will allow companies to hire better-qualified employees from any part of the world. Finally, 5G can save a lot of device costs by prolonging the working time of a device’s battery. In the best scenario, 5G can be almost 100 times faster than 4G, but even on average, it is five times faster than 4G, which is also a big step forward. However, one of the disadvantages is a smaller coverage area, but overall, the advantages of 5G outweigh the disadvantages.

As a manager, I would choose a web-hosted ERP system over an in-house ERP system because, in my opinion, it has several advantages. First of all, it saves the company time and money because it does not have to hire IT staff to set up the system. Web-hosted ERP system is generally less expensive and ready to use upon subscription. Second, the data in web-hosted systems are well-protected by encryption and can only be accessed through a web browser as opposed to an in-house system that requires a safe environment and surveillance. Third, the company does not have to train employees to provide technical support because it is already taken care of by the service provider.

TCP/IP is Transmission Control Protocol, also known as Internet Protocol. TCP/IP is a set of protocols used to connect devices with the help of the Internet. TCP/IP system operates as a stateless, client-server operating model, which allows it to treat every new request, for example, a search of a particular Internet page, as a new order. However, the most important feature of TCP/IP is that it does not belong to any individual or a company. This allows everyone to use it freely and without charge. Considering how much time modern people spend on the Internet, it is easy to imagine how much money they would spend on those protocols.

Packet switching is a protocol that allows to group data into packets and transmits it through a network. Since this protocol uses error detection processes, the data transmission is of good quality. In general, packet switching is as important as TCP/IP. While TCP/IP protocols allow people to use the Internet freely, packet switching does not require a dedicated channel and reduces the risks of losing data while transmitting data. Also, the data is delivered faster through packet switching than with the help of other protocols.

Internet is a global system that connects computer networks using TCP/IP protocols, and it is universally available for any computer. An intranet is a more limited network of devices used within an organization and is not available to outsiders. Finally, an extranet is a controlled network that allows outsiders to use a company’s intranet, such as business partners. Internet, intranet, and extranet all work using TCP/IP and other standard protocols, but access to some data cannot be granted to all users. In different words, when a client sends a request, the protocol does not answer. When using Amazon, a customer is on the extranet, but the company’s employees are on the intranet. Eventually, it comes down to a person’s relation to a company or organization.

Computers, web pages, mobile phones, and others are examples of the client-server model because they eventually come down to a client sending some kind of request and the server answering that request. The process uses several protocols, such as TCP/IP, packet switching, HTTP, and HTML. For example, when searching for something in Google, a client sends a searching request, and the search engine answers by providing the client with a list of web pages appropriate to the request.

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