AFM241 Chapter 1: Chapter 1 IT Business Value (ITBV) Proposition
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Spending on computers, software, it services, and telecommunic. Strategies on how to leverage new technologies ==> more cost efficient and increa. Higher sales and lower costs ==> incremental cash flow. It investments should have a high net present valu. Development, maintenance, and use of computer systems, software, and networ processing and distribution of data. Technical components and human activities within the organiza. Information technology infrastructure, data, application systems, and personnel information technology & communications services in an organization. Linked directly to customer"s inventory management system allowing closer colla. A well functioning is ==> users take it for granted. Management-related factors that contribute to a firm"s ability to max pay-offs from it. Develop it strategy and planning on how to deal with r. Transform and leverage quantitative and qualitative data ==> useful info. Support many of a firm"s request for it services. Operational it spending (maintaining current it infrastructure) vs. capital expen (investments in new technology)