In the corporate world, information is king. Not only does it impact the way companies operate, depending on its relevance, format, and use, but it is also becoming an increasingly strategic asset. In many cases, the information a company controls determines its ability to compete effectively.
Every company, whether small, medium-sized or large operating in every sector across the world needs to incorporate information management into its daily routine. Some companies take care of information management without even realising it, while others are more strategic, embracing a vision where relations and interactions with employees, customers, suppliers and even the global community are maintained using new technologies.
In this case, the integration of Internet-based support for managing information is well thought-out and controlled. It provides the company with incredible power of communication between its people – employees, suppliers, customers, shareholders, the fabric that the company is made of, and enables it to transform into a predictive enterprise.
All businesses, whether large or small, handle information on a daily basis. However, this does not mean that they have to be experts in information technology. Through infrastructural concepts such as data centres, virtualisation and Software-as-a-Service (SaaS), and most recently cloud computing, the IT industry offers companies a variety of systems for easy management of their information. In addition to being sold as products to be managed in-house, these systems are now often offered as outsourced services that can take advantage of specialist skills and expertise.
There are significant differences between the in-house and outsourced models. Purchasing products to manage information inhouse means the company is billed according to the number of servers it uses. It must constantly think about monitoring and altering its server fleet according to its business requirements, as well as operational considerations like maintenance and power consumption.