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Role of Information System and Information Technology for Innovation in Business and Industries

   

Added on  2023-05-30

11 Pages3662 Words455 Views
Running Head: INFORMATION SYSTEM 0
Information System
Report
Student name
Role of Information System and Information Technology for Innovation in Business and Industries_1
Information System 1
Table of Contents
Introduction.................................................................................................................................................2
Information System Management...............................................................................................................2
Hewlett-Packard (HP)..............................................................................................................................3
Background information......................................................................................................................3
Successful factors................................................................................................................................3
Impact from internal and external factor............................................................................................3
LG electronics..........................................................................................................................................3
Background information......................................................................................................................4
Successful factors................................................................................................................................4
Impact from internal and external factor............................................................................................4
Sony.........................................................................................................................................................5
Background information......................................................................................................................5
Successful factors................................................................................................................................5
Impact from internal and external factor............................................................................................6
Dell Technologies Inc...............................................................................................................................6
Background information......................................................................................................................6
Successful factors................................................................................................................................7
Impact from internal and external factor............................................................................................7
Recommendation........................................................................................................................................7
Conclusion...................................................................................................................................................8
References...................................................................................................................................................9
Role of Information System and Information Technology for Innovation in Business and Industries_2
Information System 2
Introduction
Innovations are fresh ideas for creating new solutions of problems. They are just invented for making
thing going in easy way. It is a critical thing and innovative ideas are coming from different things, such
as activities, learning, and experience. Information System (IS) and Information Technology (IT) are so
helpful for inventing new ideas. Information systems are providing privacy and security for different
operations of an organization (Bélanger & Crossler, 2011). Information System are providing some areas
for research and Information Technology is providing help in the research, such as tools for calculations,
report generation, and many more. IT industry is having rapid growth in present time. IT is provide many
theories and concepts for innovation in the field of business and information system. Business model is
also requires a place for information technology department for innovations (Chesbrough, 2010).
Information Technology is also growing filed and lot of research is going on for making products and
services better for customers. In the last two decades or so, innovations are based on the IS/IT.
Innovation has become more collaborative, worldwide, and open to all in nature. IS/IT is helping in the
distributed innovation process and it is highly used in the field of products, such as cars, toys, medical
devices, and household appliances (Crossan & Apaydin, 2010). Role of IT is increasing day by day for
innovation. Innovations are also beneficial for reducing cost and time for human beings. Digital
technologies are highly used for creating digital innovation for making products better and mange
different things of Information System of an organization.
In the next parts of this report, role of IS/IT for innovation will discuss with the help of few examples. It
will also describe about impacts of internal and external factors on the success of innovation based on
the IS/IT.
Information System Management
Ideas are base of the innovation and for converting those ideas into innovation, Information technology
is provides a platform for research. There are so many information technology companies, which are
develop may innovative devices for different purposes, such as products, services, operations of an
industry. It is also depends on the IT industry that, they develop new innovative devices using their fresh
ideas. There are so many examples of companies, which are working on innovations for reducing time
and cost for same work (Drucker, 2014).
Role of Information System and Information Technology for Innovation in Business and Industries_3
Information System 3
Hewlett-Packard (HP)
Hewlett-Packard (HP) is an example of tech companies, which are having a great role in the field of
innovation. It started with a small Palo Alto garage and now it is most influential company in the world.
It provides many innovations to the world using information technology (INC, 2018).
Background information
In 1938, HP provides model 200B to Disney. It was a surrounding sound system. It was a great change for
HP. In 1963, HP provides 5100A frequency synthesizer for NASA. It was used for the Apollo moon
landing. It was the most complex device. It is a device, which is capable of carrion out automatic testing.
It was used for communication for space programme. In 1966, HP introduces the first plug and play
concept based computer system and it was reliable and able work in the temperature between zero
degrees centigrade to 55 degree centigrade (Johnston & Marshall, 2013).
Successful factors
HP introduced first personal computer, which is HP 9100A. It was first desktop calculator, which is
having different functions, such as Bessel functions, elliptic integrals, and regression analysis. HP
introduced first smart watch, which is wearable. It has calculator, personal calendar, stopwatch, and
alarm. In January 1980, HP introduced first all in one personal computer, which is used the BASIC
programming language. It was also having display screen for text and graphics. It was also having 8 kb
RAM for processing. Intel and HP introduced 64-bit processor for enterprise uses and business
development. Now HP introduced 3D model printing devices for high resolution. HP is continuously
working on the technical field and introduces many innovations for industries as well as for social field.
HP is always working in team and innovate new things for market for growing many organization
(Lichtenthaler & Ernst, 2009).
Impact from internal and external factor
HP is having a great role in the field of 3D graphics printing for the industry. Economy of the
organization is also affected from the innovations. It is based on the products sales. Technologies are
attracts the customers, and it will affects the economy of an organization. Innovation is also change
market scenario (Wright, 2011).
LG electronics
LG electronics is a company, which is, provides so many unique innovations. It is a company, which is
provide new products and services for the customer is using innovation. LG has been a well-known
Role of Information System and Information Technology for Innovation in Business and Industries_4

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