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