List and describe the six reasons why information systems are so important for the business today. Simacor can help get you to the next level. Integrating your ERP, CRM, other software products, is extremely important in business today. Six reasons why information systems are so important for business today include: Operational excellence New products, services, and business models Customer and supplier intimacy Improved decision making Competitive advantage Survival Information systems are the foundation for conducting business today. Operational excellence: With operational excellence businesses were able to accomplish their objectives with higher productivity using information systems and the latest technologies. They typically support data-intensive operations. If the internet or phone service goes down in an office, nothing can get done — HR, finance, operations, communications, sales, and all other departments depend on functional computer and information systems to complete their work. Two-factor authentication, user permissions and firewalls are some of the ways we protect our private information from outside sources. Investing in business information systems is crucial for every professional organisation, and here is why: ... A quality information system groups your important data by date and time, making the process of finding it really convenient. 3. As defined by the National Institute of Standards and Technology (NIST), information security is "the protection of information and information systems from unauthorized access, use, disclosure, disruption, modification or destruction." Information technology drives innovation and innovation is the path to business success. Any business, big or small, must have a system in place to collect, process, store and share data. Innovation in business has the same impact that steam had on the industrial revolution. Reasons to Invest in Information Systems. To keep the workflow streamlined, businesses need to implement advanced technology – tools that tech-developers have designed specifically for business operations. Information systems have become the foundation for conducting business in this digital age. One of the main reasons why we need information systems is because they improve efficiency, which can boost productivity. In the past, these tasks required a lot of time and paperwork. Information systems are now playing a crucial role in data processing and decision making. It is a big category but in brief, Information Systems is the back bone of today's businesses and critical part of mid-size to large businesses like banks. 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