This document discusses the relationship between information technology (IT) and business, and provides an overview of information systems (IS). It notes that IT and business have become intertwined, and that IS require both technical and social investments. IS can enable new business strategies, reach new customers, and expand markets. Investing in IS provides economic value through increased productivity, revenue, and market share. The document also outlines how IT can transform organizations by improving communications, delegating tasks, and creating virtual teams and electronic linkages with customers and suppliers.