CHAPTER 1 : BUSINESS DRIVEN TECHNOLOGY

        

         The path of innovation in business means doing something different, smarter or better that will

 make a positive difference in terms of value, quality or productivity by using emerging or proved

technologies of the world.The technology which has already proved itself in last two decades is of

course the information technology (IT). It has dramatically changed the lives of the individuals and

organizations. For example, social networking to promote a product or service. Information

technology is everywhere in business.

• Information Technology (IT) is a field concerned with the use of technology in managing and processing information. It is an important enabler of business success and innovation.
• It it important to understand

             -Data, information, and business intelligence IT resources

             -IT cultures



#Enabler is a person or thing that makes something possible.

• Management Information Systems (MIS) is a general name for the business function and academic discipline covering the applicaion of people, technologies, and procedures to solve business problems.
• MIS is a business function, similar to Accounting, Finance, Operations, and Human Resources.

                                 💥 Information Technology's Impact on Business Operations💥

• Organizations typically operate by functional areas or functional areas or functional silos.

• Functional areas are interdependent.

💗 INFORMATION 💗

• Data is raw facts that describe the characteristic of an event.
• Information is data converted into a meaningful and useful context.
• Business intrllegence is an aplications and technologies that are used to support decision-making efforts.

            

 Data in an Excel Spreadsheet

Data turned into information

Information turned in Business Intelligence

 💪IT Resources 💪

• People use
• Information Technology to work with
• Information