Computers

Computers

Only once in a lifetime will an invention come about to touch every aspect of our lives. Such a device that changes the way we work, live, and play is a very special one, indeed. A machine that has done all this and more now exists in nearly every business in the world. The computer is this machine.

With the advent of technology, computers can now make many well-informed decisions that managers or office workers may deem unnecessary for a human to make. These decisions may include crunching profit numbers to determine future layoffs or gauging whether certain global offices should remain open or not. If you are evaluating whether computerized decision making is right for your organization, there are advantages and disadvantages to implementing the technology into your corporate strategy.

Storage

While human brains can contain a high level of information to use in making a decision, a computer's "brain" can contain even more data and information, depending on the storage space it is connected to. With a higher capacity for more data, especially data that a human brain might not retain, such as complex equations, more information can be incorporated into the "brain" or algorithm of the computer in its decision making, leading to better results.

Speed and Accuracy

Computers can process information much faster than a human brain. One advantage to computers making decisions is that you will have decisions made faster and more accurately than a human brain, which may get hung up with different factors involving the decision, leading to slower overall results. Also, unlike people who can become tired or suffer from a lack of concentration and deliver inaccurate decisions, a well-tuned computer is always alert and can process reams of information without growing bored or tired, leading to more precise results.

High Cost

The high cost of purchasing the right computer equipment, including a high amount of computer memory and store, is one disadvantage to...