I. Current Operational Information Systems
A. Computers are often linked through networks to provide information to geographically dispersed individuals.
B. Broadband networks make it possible to send multimedia "documents" within an office or around the world.
II. Impact of Information Technology on Organizational Performance
A. Productivity typically improves when information technology is implemented and upgraded.
B. Data integrity is improved when information technology is effectively implemented.
C. There may be some displacement of workers as technology permeates a workplace.
A. Continued advancement in hardware and software capabilities will mean greater use of information technology.
B. Costs are likely to continue to decrease.
IV. Impact of Information Technology on Investment Banking
A. Networks increase the amount and type of information shared among companies and their clients.
B. Broadband networks increase the effective use of the Internet.
C. Products such as ComStock and Maxus provide effective ways of manipulating and presenting data to employees and to clients.
Information technology provides companies with the ability to process large amounts of information and do so in a way which presents the information in a clear and concise manner to employees. Anticipated benefits of implementing an information technology system include improvements in productivity, better profit performance, and a higher degree of accuracy among information within the firm. The ability to share information among employees is also enhanced.
Computers have become smaller over the decades, and now personal computers are often linked together across wide geographic areas to create networks. These networks provide additional benefits to organizational performance, such as data integrity and enhanced productivity. By using a broadband network, users can share a greater range of voice, data and video serv...