Business
Driven Technology
Information Technology’s Role in Business
Understanding
information is everywhere in business. Students who understand technology have
an advantage in business because gaining a detailed understanding on
information technology is important.
Information Technology’s Impact on Business Operations
Business functions
receiving the greatest benefit from information technology, along with the
common business goals associated with information technology projects such as :
- Customer service 70%
- Finance 51%
- Sales and marketing 42%
- IT operations 39%
- Operation management 31%
- Human resource 17%
- Security 17%
Information
technology also helps to achieving the project goals which is :
- Reduce costs/improve productivity 81%
- Improve customer satisfaction/loyalty 71%
- Crate competitive advantage 66%
- Generate growth 54%
- Streamline supply chain 37%
- Global expansion 16%
Functional
areas are interdependent. For an organization to succeed, every department must
work together and sharing common information.
Information Technology Basics
Information technology or also known as IT is a field concern with
the use of technology in managing and processing information. Information
technology is an important enabler of business success and innovation.
Management information systems (MIS) is a general name for the
business function and academic discipline covering the application of people,
technologies and procedures to solve business problems.
Data, Information, and Business Intelligence
- Data : raw facts that describe the characteristic of an event.
- Information : data converted into a meaningful and useful context.
- Business intelligence : applications and technologies that are used to support decision-making efforts.
IT Resources
- a. PEOPLE use
- b. INFORMATION TECHNOLOGY to work with
- c. INFORMATION
Those three key resources are inextricably
linked. If, one fails, they all fail. Most important, if one fails, then
chances are the business will fail.
IT Cultures
Organizational
information cultures include:-
- Information-Functional Culture
- Information-Sharing Culture
- Information-inquiring Culture
- Information- Discovery Culture
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