Role of IT in Organisations

1. Data management is the development, execution and

supervision of plans, policies, programs and practices that
control, protect, deliver and enhance the value of data and
information assets with the help of Internet."

2. Database administration is the function of managing and

maintaining database management systems (DBMS)
software. Mainstream DBMS software such as Oracle, IBM
DB2 and Microsoft SQL Server need ongoing management.

3. A Management information system (MIS) provides

information that organizations require to manage
themselves
efficiently
and
effectively.
Management
information systems are typically computer systems used
for managing the organisational tasks.

4. Business service management (BSM) is an approach used

to manage business IT services. BSM promotes a customercentric and business-focused approach to Service
Management, aligning business objectives with IT or ICT
from strategy through to operations.

5. Asset management, broadly defined, refers to any system

that monitors and maintains things of value to an entity or
group. It may apply to both tangible assets such as
buildings and to intangible concepts such as intellectual
property and goodwill. Asset management is a systematic
process of deploying, operating, maintaining, upgrading,
and disposing of assets cost-effectively.

6. IT portfolio management is the application of systematic

management to the investments, projects and activities of
enterprise Information Technology (IT) departments.
Examples of IT portfolios would be planned initiatives,
projects, and ongoing IT services (such as application
support).

7. Project management is the process and activity of

planning, organizing, motivating, and controlling resources,
procedures and protocols to achieve specific goals in
scientific or daily problems with the support of Information
technology.

8. In Supply chain management the contribution of IT in

helping to restructure the entire distribution set up to
achieve higher service levels and lower inventory and lower
supply chain costs. The broad strategic directions which
need to be supported by the IT strategy are increasing of
frequency of receipts/dispatch, holding materials further up
the supply chain and crashing the various lead times.

9. The rapidly evolving relationship between accounting and

information technology means accountants now need to
understand how technology impacts business, and how it
can be used to improve operational efficiency, achieve
regulatory compliance, support financial reporting and
management and even increase revenues.