Transformation of Business Intelligence in the Age of Big Data
The Transformation of Business Intelligence from Analysis to Prediction Business Intelligence which refers to the slicing and dicing of data to mine it for clues on everything from consumer behaviour to the business strategies of rivals and competitors has come a long way since the earliest days when it was used for market intelligence to […]
Innovation in the Digital Age: Some Issues and Observations
What is Innovation and how did it evolve? Innovation is commonly known and defined as the ability or skill to improve existing processes and to come up with a better way of doing things. On the other hand, the invention is understood to be an entirely new way of doing things. Thus, whereas innovation is […]
Step 4: Develop a Business Case for your Project
Now that we have the problem as well as the goal statement handy, it is time to ensure that these statements are well articulated in the business case. The management has to choose amongst several possible six sigma projects while granting its resources. The ones that do succeed in getting the resources from the management […]
Role of Governments in International Businesses
The Need to Encourage Foreign Investment The previous articles have discussed how international businesses need supporting ecosystems and business friendly policies if they are to succeed in emerging markets. Of particular importance is the role of governments in deciding whether they would allow international businesses to setup their operations and encourage them to grow and […]
Business Process Reengineering and Best Practices
Enterprise Resource Planning (ERP) and Business Process Re-engineering (BPR) evolved almost at the same time i.e. 1st half of 1990. Both relates to radical redesign of an organization at a relatively short period. Both are having the primary intend to optimize workflow and improve productivity. But, the chicken and egg question remained, whether an organization […]
It is often observed that term information system and information technology are used interchangeably.
In a literal sense, information technology is a subset of information systems.
Information systems consist of people, processes, machines and information technology. The great advancement in information systems is due to development in information technology and introduction of computers.
An information system can be defined as set of coordinated network of components, which act together towards producing, distributing and or processing information.
An important characteristic of computer-based information systems information is precision, which may not apply to other types.
In any given organization information system can be classified based on the usage of the information. Therefore, information systems in business can be divided into operations support system and management support system.
Everyday knowingly or unknowingly, everyone is utilizing information technology. It has grown rapidly and covers many areas of our day to day life like movies, mobile phones, the internet, etc.
Information technology can be broadly defined as integration of computer with telecommunication equipment for storing, retrieving, manipulating and storage of data.
According to Information Technology Association of America, information technology is defined as “the study, design, development, application, implementation, support or management of computer-based information systems.”
Information technology greatly enhances the performance of economy; it provides edge in solving social issues as well as making information system affordable and user friendly.
Information technology has brought big change in our daily life be it education, life at home, work place, communication and even in function of government.
Information system and information technology are similar in many ways but at the same time they are different. Following are some aspects about information system as well as information technology.
Information technology has helped drive efficiency across organization with improved productivity and precision manufacturing.
Information technology has shown exponential growth in the last decade, leading to more sophisticated information systems.
Today’s information technology has tremendously improved quality of life. Modern medicine has benefited the most with better information system using the latest information technology.
Information systems have been known to mankind in one form or the other as a resource for decision making. However, with the advent of information technology information systems have become sophisticated, and their usage proliferated across all walks of life.
Information technology has helped managed large amount of data into useful and valuable information.
Your email address will not be published. Required fields are marked *
Communication Systems and Groupware – Information System Concepts that Apply in All Functional Areas of Business
February 12, 2025
