Technology Strategies (Electronic book text)

Information Technology wields a remarkable amount of power in today's business world. According to Jay Kandampully, quantum advances in technology, communication and digital sciences (together with the proliferation of the Internet) have enabled organizations to transform the challenges of the past into the opportunities of the future. The digital world of today assumes a borderless globe inhabited by firms that are interconnected and interdependent through networks of relationships. Electronic business today plays a major role in world economic growth thanks to the rapid advance in IT. For example, when Intel ditched its old paper-based ordering system with a self-service extranet for business partners in 1998, it managed to generate a staggering $1 billion of revenue in the first 15 days of operation. Big business in anybody's estimation! But in such a vast area of opportunity, where does your organization find the information to help make the difference?