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In the context of using information technologies for a competitive advantage, a top-line strategy focuses on It focuses on generating new revenue by offering new products and services.

What is information technology?

A collection of parts or computer systems that are used to gather, store, and process data as well as disseminate information, knowledge, and distribute digital goods can be referred to as an information system or technology. In order to interact with its surroundings, an information system or technology must first receive data in its raw forms and information in a useful manner.

What are the components of information technology?

An information system comprises of five (5) main components.

1. Hardware.

2. Software.

3. Database.

4. Human resources.

5. Telecommunications.

What does information technology encompass?

The IT department ensures that the organization's systems, networks, data and applications all connect and function properly. The IT team handles three major areas:

  • deploys and maintains business applications, services and infrastructure (servers, networks, storage).
  • monitors, optimizes and troubleshoots the performance of applications, services and infrastructure; and
  • oversees the security and governance of applications, services and infrastructure.

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