TITLE

TECHNOLOGY AND THE BOTTOM LINE

AUTHOR(S)
Bugnitz, Tom; Benson, Bob
PUB. DATE
January 2005
SOURCE
Bank Technology News;Jan2005, Vol. 18 Issue 1, p21
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on assessment of business value of existing technology and new investments. value is based solely on its direct contribution to profitability and shareholder value, accomplished by supporting a company's strategies and improving its operations. The difficulty lies in measuring and predicting information technology's (IT) impact on strategies and operations and in connecting IT activities to the profit drivers that management measures. The management team can control IT costs while improving IT's bottomline impact. By consistently selecting the best IT investments, firms can eliminate underperforming IT activities.
ACCESSION #
15790021

 

Related Articles

  • CRM Usage Will Explode.  // CIO Insight;Dec2004 Special Issue, Issue 48, p72 

    The article informs that consolidation and security will drive increased spending in information technology. The new mantra is flexibility and interoperability. CRM adoption is part of the trend toward customer-centric business strategies. Looking for insight into their customers, a third of all...

  • The Efficient Recovery. Nee, Eric // CIO Insight;Jan2004, Issue 35, p27 

    Presents a strategic approach to efficient recovery in the information technology (IT) sector in the U.S. Several reasons for CEOs and chief information officers to resist boosting IT budget, hiring more IT employees and launching speculative new projects; Suggestions of the author on how to...

  • Isolation does not foster innovation in IT. Rotibi, Bola // Computer Weekly;10/12/2004, p30 

    This article reports that information technology (IT) cannot deliver value in business applications without the board understanding the need for development within a more standardised framework. A failed application development project not only has cost implications that could affect the...

  • How can IT staff aid the business strategy?  // Computer Weekly;2/10/2004, p32 

    The article presents information about common mistakes made by information technology (IT) executives while making a business strategy and planning and tips to avoid such mistakes. Whatever the person's role, the executives are likely to be looking for clear signals that their involvement is...

  • BUSINESS BY DESIGN.  // CIO Insight;Jan2004, Issue 35, p62 

    Outlines the components of a comprehensive enterprise architecture in the U.S. Role of the enterprise architect in the planning; Steps of the architecture planning; Rationale behind the components of the information technology infrastructure.

  • THIS OLD INFRASTRUCTURE. Bolles, Gary A. // CIO Insight;Jan2004, Issue 35, p69 

    Discusses the value of enterprise architecture in the U.S. History of enterprise architecture; Significance of the consistency in the company's internal processes for linking technology plans with business plans; Suggested methods for developing and managing enterprise architecture.

  • IT spending: the Y2K effect, Mark II.  // MarketWatch: Technology;April 2003, Vol. 2 Issue 4, p15 

    Focuses on plans of high technology industries to upgrade its information technology systems. Efforts taken by companies to support its plans; Factors that led the company to upgrade its information technology systems; Benefits of upgrading the information technology systems.

  • ClOs Will Need More Business.  // CIO Insight;Dec2004 Special Issue, Issue 48, p32 

    The article warns that about 40 percent of CIOs came to their current jobs from outside corporate information technology (IT), and the average CIO has spent more than seven years in a non-IT position. Business experience is critical, because CIOs are already spending more than half their time on...

  • So what's your survival plan for IT? Hemlin, Paul Carter // Computer Weekly;11/28/2006, p28 

    The article presents the author's comments on whether IT departments' long-term future lay in delivering IT services to individual business units or in offering strategic value to the wider business. Gartner's warning to IT directors at its symposium in Barcelona to safeguard the value of...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics