IT Jargon Explained

IT Jargon Explained I

The Internet The Internet is a global network of computers with millions of users all over the world. Anyone can join this network and from your computer you can send and receive information anywhere in the world – all at the cost of a local phone call, 24 hours of the day. The Internet offers so many different business benefits.

Intranet An intranet is a private Intranet which is not necessarily linked to the Internet itself. If it is linked to the larger Internet, it will be via secure ‘firewalls’ which protect your private information. Intranets are extremely useful in two situations. First an intranet can help a business which has several different kinds of computer – Windows or DOS PCs, Macintosh computers, Unix workstations – which need to talk to one another. Internet standards are designed to allow different computers and network types to communicate, so an intranet can remove many potential technical headaches. Secondly, for businesses installing their first network, setting up an intranet rather than using technology from one manufacturer has some advantages in ‘future-proofing’ investment.

ISDN ISDN (Integrated Services Digital Network) is a fast phone line which significantly increases the rate at which you can transmit and receive information, for example when you transfer data over the Internet. So if you have large files of data to transmit (such as video or high resolution photography) or you want to video and data conference regularly, then you might consider an ISDN line.

ISP An ISP (Internet Service Provider) is a company that provides third party access to the Inernet. Customers simply use their modem to connect to the ISP which then links them to the Internet automatically. There are over 100 ISPs. Although their prices and facilities differ, they all offer some standard basic services such as 24 hour Internet access, a unique e-mail address for your company, storage space for your own Web site and basic software programmes for browsing the Internet. Some ISPs, also referred to as on-line information providers, provide extra services such as access to databases of business information.

iXBRL (in-line Extensible Business Reporting Language) An extension of XBRL (eXtensible Business Reporting Language) that allows the addition of machine-readable tags in addition to legible captions. Corporation tax submissions to the HMRC will require iXBRL tagging from 1st April 2011.

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