FREE online courses on Information Technology - Chapter 5 MANAGING
INFORMATION TECHNOLOGY - Build an Infrastructure
Justifying expenditure on infrastructure can also be
extremely difficult. Infrastructure is the part of technology that does not have
an immediate benefit. The easiest example is a worldwide communications network.
One money-center bank carefully costed out an international, private network and
found that it had a negative net present value. Economic criteria dictate to not
undertake the development of the network. However, the bank went ahead and found
that the new IT provided a number of benefits that were hard to quantify.
Basically, with this network. However, the bank went ahead and found that the
new IT provided a number of benefits that were hard to quantify. Basically, with
this network the bank could “plug in” any application to the network and offer
it anyplace in the world it did business.