Tuesday, December 3, 2019

Information System vs. Digital Ecosystem

Information systems incorporate both ends and means, continuously open to new information from the dynamic business environment, and are able to circulate information within the ecosystem seamlessly.

Information is permeating into every corner of the business and becomes the lifeblood of the digital organization. Digital technology is lightweight but more powerful. Information Technology System is the "nerve system "of the digital business which is like the switch connected to the dynamic ecosystem continually evolving and expanding in the modern world.





Information technology systems play a fundamental role in deploying and operating the new ecosystems: Managing information and the information position of an organization is what ought to be called Information Management. Anyone with common sense can perceive that forward-thinking companies across the vertical sectors claim they are in the information technology business regardless of the sector and nature of the business.

To effectively respond to the new dynamic, the organization needs to awaken the ecosystem consciousness via open information systems and flexible technologies, start thinking about ways for adapting to their ecosystems, and creating new revenue streams while becoming highly responsive. Business resources should be managed at the level of the ecosystem, rather than managing as individual pieces, to improve business effectiveness and maturity.

Information management systems play a fundamental role in deploying and continuously open to new information from the dynamic business environment. They are able to circulate information within the ecosystem seamlessly and respond to changes continuously.

Information technology systems are the backbone for shaping a dynamic and ever-expanded digital ecosystem: Information brings about business ideas; business ideas generate lots of information. Real information systems are business-oriented to integrate different pieces of IT components, with how users go about accomplishing business goals and objectives.

Information Technology Management is the backbone with interdependent processes, technologies, and a set of interdisciplinary management practices for moving the business to a dynamic, iterative, integral, and interactive digital ecosystem.

A powerful information management system enables companies to integrate the critical components of a smart platform, which is “open” not only because it allows information exchange and participant involvement, but also demonstrates the benefits to the digital ecosystem at a much faster rate with much broader impact in the digital era.


Information technology system enforces interdependencies and loyalties between partners and builds up a strong digital ecosystem: High-mature digital organizations can expand and amplify its influence with the ability to co-create and scale the best and next practices in a digital ecosystem. They treat customers, channel partners, suppliers, and industry ecosystem participants as active agents who can combine the modular capabilities exposed in a platform to create new experiences, enforce interdependencies, and expand their impact with faster speed. 

In such a scenario, the bandwidth of the informal network for “capillary organizational traffic” could expand at a low cost across the digital ecosystem. In fact, the challenge for the digital organization is to manage its portfolio of relevant cross-border strategic synergies and organizational interdependence for achieving the digital equilibrium by striking a delicate balance. 

The business becomes more successful when the corresponding learning curve has a reduced uncertainty to the point where both the strategic synergy and organizational interdependence can be structured and the business ecosystem has been expanded with deliberate planning.

Information systems incorporate both ends and means, continuously open to new information from the dynamic business environment, and are able to circulate information within the ecosystem seamlessly and respond to changes continuously. It provides unprecedented opportunities to strike a dynamic balance between the inner and outer business elements; build a great mix of organizational elements that enable the organizational interdependence, enforce cross-functional, across-business, across-industrial communication and collaboration, and broaden the digital ecosystem influence effortlessly.

1 comments:

Hello, an amazing Information dude. Thanks for sharing this nice information with us. Marlin Mount

Post a Comment