ITM 100 Chapter 1: Chapter 1

• School: Ryerson University
• Department: Information Technology Management
• Course: ITM 100
• Professor: Ron Babin

Document Summary

Information systems are very important in daily life, without these systems your life would be significantly different. Organizations that ignore the impact of technology and information systems when doing business will likely be at risk. Consumers have adopted the internet less than a decade. Organizations and individuals must keep up with rapid technology changes or risk becoming obsolete. Rate of technology change is greater today than ever before and it will be more important to keep up with those changes. Information technology, as a part of any is, impacts all business disciplines (accounting, marketing, etc. ) In today"s work environment it"s impossible to do knowledge work without technology computers, Internet, mobile phones, desktop sharing, video conferences etc. 1965, gordon e. moore; co-founder of intel observed a trend in technology. Law states that computing power doubles every 18 months. Moore"s law means more performance and decreasing costs. Technology improves at an average rate of 1 percent per week.