The document discusses how businesses can use information and communication technology (ICT) to transform data into valuable information. It notes that data is a key business asset and the role of IT is to transform data into useful information for success. The document presents a case study of a business owner, Simon, who was previously updating work information manually on a whiteboard but implemented a solution to automatically update a spreadsheet from a database to save time. It concludes that the information a business derives from its data ultimately determines its success and investing in ICT can save both time and money.

1. advancing Business through ict Derby Business ICT Peter Smith

2. Data and Information – 4 Truths The data a business has is one of its key assets. The information it uses from that data is key to success. The role of IT is to transform data into information. ICT is about harnessing the power or your IT by having the capabilities to derive the information you need.

3. Data

4. Data Challenge Seratus dua puluh pon adalah milik anda jika anda boleh membaca ini. One hundred and twenty pounds is yours if you can read this.

5. Case Study

6. Simon’s Existing Information System Whiteboard of current work. Updated every week. Time taken: between 1 to 2 hours.

7. Simon’s Existing Data

8. Simon’s Solution 1

9. Simon’s Solution 2 Current work is up-dated from the data base. Spread sheet is updated every time it is opened. Time taken: the time it takes to print off. Individual printouts can be issued. Other information can now be harvested from the data base.

10. Final 2 Truths The information a business derives from its data will ultimately determine the success of that business. Investingin your ICT can save you time and therefore money.

11. What I am looking for: SME’s who see a need to computerise existing manual systems. SME’s who are looking to get more information from existing IT systems.