The document discusses the role of information technology and information systems in business. It defines information technology as technologies used to collect, process, store, and communicate data, giving examples like ATMs and fingerprint scanners. It defines an information system as the combination of hardware, software, infrastructure, and trained personnel used to facilitate planning, control, coordination, and decision making in an organization. The document states that information systems are now the backbone of business and are used for organizational communications, data management, accounts, logistics, marketing, sales, research and development, customer interaction, and forecasting.

1. THE ROLE OF INFORMATION TECHNOLOGY AND
INFORMATION SYSTEM IN BUSINESS
By –
Kevin Joseph
MBA
(Energy Trading)

2. Information Technology
It is any technology which
deals with collecting,
processing, storing, and
communicating
information or data.
Eg :
 ATM machine
 Finger print scanner
 Printer

3. Information system
 It is a combination of
hardware, software,
infrastructure and
trained personnel
organized to facilitate
planning, control,
coordination, and
decision making in an
organization.
Eg
 LMS
 Online ordering of
consignment.
 Post segregation in
developed countries.

4. Role of IS in Business
At current times, it is the Backbone
of business.
Mendel’s Evolutionary theory, - “Only the
organisms which evolve and adapt to the
changing environment, survives”
It is used for
 Organizational communications
 Data management
 Accounts
 Logistics
 Marketing
 Sales
 R&D
 Customer interaction
 All types of forecasting

5. Advantages :
 Increased information speed.
 High efficiency and performance
 Networking to a global scale
 Multi-tasking capabilities.
 Ability to expand business
phenomenally.
 Reduces error to a fraction.

6. Growing Concerns :
 Too dependent on
Information systems.
 Computer Crimes
 Illegal access of data.
 Lack of privacy

7. THANK YOU