Information Systems Impact on Business

Information systems form the basis of conducting business as at present.  This is mostly due to the fact that most industries’ survival along with ability to realize strategic business objectives is difficult in the absence of extensive utilization of information technology.  Currently, businesses utilize information systems so as to realize six core objectives, that is, operational excellence, daily survival, better decision making, novel products or services and business models, competitive advantage in addition to customer/supplier intimacy. Operational excellence is vital in very business as it lead to higher profitability. It is through the technology that the novel products or services and business models are invented. The information systems make decision making to improve because the available data is more accurate. The businesses realize competitive advantage because by making use of the information systems they deliver better performances and charge lees for better-quality products. Customer/ supplier intimacy is associated with increased revenues, as well as, profits in addition to lowering of communication costs with the suppliers.

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