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Information Systems in Industry

Information systems are used in almost every industry or field.

1. The airline industry employs Internet auction sites to offer discount fares and increase revenue.

2. Investment firms use information systems to analyze stocks, bonds, options, the future market, and other financial instruments, as well as to provide improved services to their customers.

3. Banks use information systems to help make sound loans and good investments, as well as to provide online check payment for account holders.

4. The transportation industry uses information systems to schedule trucks and trains to deliver goods and services at the lowest cost.

5. Publishing companies use information systems to analyze markets and to develop and publish newspapers, magazines, and books.

6. Healthcare organizations use information systems to diagnose illnesses, plan medical treatment, track patient records, and bill patients.

7. Retail companies are using the Web to take customer orders and provide customer service support. Further, they use information systems to help market products and services, manage inventory levels, control the supply chain, and forecast demand.

8. Power management and utility companies use information systems to monitor and control power generation and usage.

9. Professional services firms employ information systems to improve the speed and quality of services they provide to customers.

Management consulting firms use intranets and extranets to provide information on products, services, skill levels, and past engagements to its consultants. Apart from business organizations, non-governmental organizations as well as Government organizations use information systems to streamline its operations in order to achieve efficiency and effectiveness.


     


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