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How Can IT Create Business Value 

Structure of competition – IT can alter the way corporations compete. — Competitive structure changes because of IT to include software and tech support — Example: video rental industry • Move to stream, rent, and watch movies online eliminated need to go to store, and ended problems of blockbusters being unavailable, late fees, damaged merchandise, and others The structure of competition had been altered by technological advancement The Productivity Paradox was born Over time, measurement error may be affecting observed lack of productivity increase from IT investments. — Increasingly service-based economy — Intangible benefits associated with IT. 

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• Posted on : December 22nd, 2019

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