Information Technology Investment Justification Using the Information Economics Method
Keywords:Information Economics, Investment, Cost, Benefit
AbstractInvestment in information technology is an important aspect of organizational strategy today. Organizations must be able to make informed information technology investment decisions. However, the returns on information technology investments are difficult to determine because of the costs and benefits that are difficult to assess. This study aims to analyze the success of IT / IS (information technology/information system) investments that have been implemented in corporations using the Information Economics (IE) method. The research method used is literature, interviews, questionnaires, and the SDLC (System Development Life Cycle) system development method. From the results of the research, the investment that has been made by the company is very beneficial because the IT / IS that is currently running can support the company's strategic plan as well as improve the company's performance and has a good reputation in information technology investment.
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