Literature Review for Prioritizing IT investments Essay

Literature Review for Prioritizing IT investments - Essay Example According to the article Optimize Cooperate Investment in Information Technology by OracleInsight, IT investments take the lead in many companies; many companies have invested in IT making the total IT investments worldwide rise rapidly (5). This has prompted research on the benefits that come with IT investments. First, IT has improved the organization’s communication systems, which adds to the long term benefits in a business. IT also promotes the exchange of ideas within and outside the business, as well as ease complexity of communication system making it convenient and confidential. Similarly, Due notes that communication to the customers and other business stakeholders become easy with the use of IT (74). Secondly, majority of the managers prioritizing on the IT investment have experiences that facilitate their application of IT equipment and a lot of information concerning the applicability of the software and other IT features are available worldwide. Many companies own computer programming models with well skilled computer and IT skills (Sykes and Clayton 2). Additionally, these IT investments proved that they have the ability to improve future results. Information stored in the computers is used as a reference in the future. Thirdly, IT investments create a competitive advantage. For instance, Kearns after conducting a case study on two companies notes that IT investments help companies achieve a competitive edge, but a success in prioritizing IT investments requires the involvement of management, and also depends on the organization structure (10). Lack of information on the actual role played by IT makes it difficult to categorize the benefits as either tangible or intangible. This is caused by the fact that most organizations do not define or split their benefits in terms of outset. Additionally, IT projects cannot be categorized alone, therefore, making it difficult

MASTER RESEARCH PROPOSAL Example | Topics and Well Written Essays - 1000 words

MASTER - Research Proposal Example The use of business intelligent applications will bring a smooth and easier data storage and retrieval of data hence being able to manage the increasing number of patients in hospitals (Avolio, 2013, pg53). However the difficulty in the application of business intelligent solutions in the health care is mainly because of how the data is collected, procedures used and the knowledge extracted. Moreover, the main aims of using this meth in any firm are to extract information related to customer satisfaction, performance measurement and profit maximization. The recent growth and development in the education systems have led to very high demand for the management, evaluation and accreditation of data management of health care institutions. Many institutions have been forced to adopt and try nonconventional solutions known for massive data management (Dept. of Industry, 1982). The use of new technology in this firm offers great different solutions. They include data warehousing, big data and businesses intelligent. However, this state of art and use of technology is being adapted and installed in many business industries so as to obtain the tailor-made solutions that are needed. The proposed model in that can be used in the health care institution would have a number of procedures that are related to progress of health care services (Cheney, 2011, pg34). This model would analyze the current procedures in decision making in all areas in the health care firm hierarchy and levels of hospital levels. This will help to provide the solutions needed by use the state of the art system in decision making. These key and vital decisions are made with reference to the reference benchmark for these requirements (Wright, 1996, pg42). Objective of this research is to explore the reasons for the lack of use of the new model of business intelligent in the healthcare institution. Some of the specific aims of this research entails establishing the benefits of installing