Does It Matter

The use of Information technology in business is considered as a path for successes. Also, with the

Any business or company that uses Information Technology (IT) for its operation and is leveraging it for gaining competitive advantage also needs to think about other aspects of the technology. Technical advancement and innovations alone are not sufficient to make any business attractive. IT definitely plays a huge role in the highly competitive business world now than before because of the advancement in the area and various ways it can influence the rise or fall of the business.

Information technology is defined as shared technology resources that provide the platform for an organization's specific information system applications. IT deals with the technology involved in the systems themselves. According to our book, it consists of all the hardware and software that a company would need to use in order to achieve its business objectives. This includes not only computer machines, storage devices, and handheld mobile devices, but also software, such as the Windows or Linux operating systems, the Microsoft Office desktop productivity suite, and the many thousands of computer programs that can be found in a typical large firm.

(Sivaprasad & JangaJe, 2012): With the introduction of Information Technology in the business, every organization that comprises IT has started to take benefits of this technology. This is done by attaining the advantage over other competitors in the market, by providing new features to the customers after incorporating technology at the operational side specially, increasing the operational speed and reducing the probability for any error in operations. (Wen, 2012): IT also assists higher management in the process of decision making.

Information technology can allow departments to more efficiently and successfully perform their business operations. Information technology is an important enabler of business success and innovation.

Information Technology (IT) is a foundation for conducting business today. It plays a critical role in increasing productivity of firms and entire nation. It is proven that firms who invested in IT have experienced continued growth in productivity and efficiency. Many companies' survival and even existence without use of IT is unimaginable. IT has become the largest component of capital investment for companies in the United States and many other countries.

There is no doubt that the recent advancements in technology have granted further possibilities as entrepreneurs adapt to new concepts. The introduction of the internet was possibly the propelling factor that paved the way for new and competitive thinking. Today, millions of people are accustomed to using the web; it is very much a part of everyday life. “More than 70 per cent of

With the advance of technology and the development of society, the competition in industry is increasing intense. If there is no any innovation and just standstill for a company, it will be out of business quickly and be replaced by other competitors. Under this condition, every company wants to make wise strategy to gain profits and strength their competitiveness in the industry. Information technology plays an important role when companies develop strategy.

Businesses need to understand the strategic relevance and importance of ICT, and how it relates to success in today’s high tech societies. ICT’s impact is vast and can touch many aspects within an organization; things like reducing cost, improving processes, boosting innovation, increasing productivity, and opening additional channels for communication are a few of the ways ITC can shape an organizations success. A recent online survey of executives showed that 79% of executives rate the strategic importance of ICT for their

Included with this full-text Harvard Business Review article: 1 Article Summary The Idea in Brief—the core idea The Idea in Practice—putting the idea to work 2 Investing in the IT That Makes a Competitive Difference 11 Further Reading A list of related materials, with annotations to guide further exploration of the article’s ideas and applications

An information system is a base in today’s business world. Everything is electronic. In various businesses, the survival and ability to succeed strategic business goals is challenging without extensive use of information system. Businesses improve the efficiency of their operations in order to accomplish higher profitablity. Besides that, information systems are important tools available to managers for achieving higher levels of efficiency and productiviy in business operations. For an example, Zara uses the PDA technology to gather customer feedback and input.

How it can go wrong - key lessons to learn from IS/IT Strategy implementation Table of Contents

Today, information technology is considered not just a supporting tool but a “strategic necessity” by world class

Information Technology (IT): The hardware and software technologies a firm needs to achieve its business objectives (Kenneth C Laudon and Jane P Laudon., 2010).

Information Technology is a relevant term in the present industrial scenario. The implication of the term has gained a larger popularity now. In fact in order to make any business more minute and detailed, the incorporation of IT has become almost mandatory. Information Technology or shortly known as IT is basically a system which uses different technologies from computing, telecommunication so that information can be produced in digital manner as soon as possible. Thus, to be precise, we can also say that the IT system makes use of different technologies in order to control, create, design and support the computer oriented information approach. Frankly enough, the IT is no more only limited within the sphere of the computer technology rather it has disseminated its sphere among the cell phone or PDA activities as well. (Emmanson, 2012)