Sunday, October 6, 2019
The value and impact of information technology investments and the Thesis
The value and impact of information technology investments and the implications of those investements for effective management of the information systems organization - Thesis Example It has been concluded after performing this research that the technological resources are allocated by investing in the field of the information technology. Different firms which are existing and running business want to improve their operations and working systems of the business. Hence the impacts which are measured after the implementation of these technological advancements are known as the intangible benefits. These initiatives are increasing more in the developing countries which is discussed in detail in the report. This factor contributes in the overall economical performance of the organization as well as to the country. Moreover it is beneficial for the competition also. There are several reasons which are present in the thesis for which organization wants to improve the overall operations or few departments with the help of information technology investment. The value that is achieved by the use of IT is also described in paper for having a clear idea about the advantages and uses of these types of investments. The paper concludes with in-depth analysis of the framework discussed and provides some options which can be implemented in organizations looking for IT advancement. Technological advancements in every field are necessary and should be used by organizations striving for their development. Every organization whether big or small needs to be updated and want to invest more in the field of information technology. Every organization works specifically on improving their operations and processes with the help of latest information technology techniques and processes. Large companies focus more on these types of investments in order to get the maximum output from its operations and to earn more revenues.