one must not see ICT development as the decline in cooperatvies as the benefits of ICT development to cooperatives are numerous. through fully utilizing ICTs cooperatives can cultivate new markets by reaching out to different customer bases on the we, they can keep up to date with developments and new innovations and receive training remotely. Market information and access stand to improve significantly. ICT could also transform the management of co-ops by improving management practices, financial information and reporting and records management as well as create an online presence.
these improvements help increase efficiency and lower operating costs.