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Part - III

Fig 1. Lifecycle of IT management in organizations

IT: A Weapon for Competitive Advantage

Together, the changing business environment and recent advances in Internet, database and network technologies are transforming the array of I.T. opportunities and challenges. In today's world, opportunities to globalize, engaging customers and suppliers in real time and facilitating knowledge-sharing and best practices can be achieved in much less time than anyone ever could have imagined. This new ball game is literally transforming the corporate landscape. It is forcing corporations to rethink their strategies across entirely different sources of competitive advantage and time-to-market considerations.

Before taking the plunge into the incorporation of I.T. in a company, several factors need to be studied. This gives an insight into the feasibly and potential effectiveness of the step.