Information Technology and Business

Paper Summary:

This paper examines how, as a business or organization may naturally increase in complication, IT-based collaboration tools help with the partnerships and resources that the company has. An example would be a collaboration system, which is a set of tools that is IT-based that helps teams by watching over the flow and sharing of information throughout the team. In particular, it looks at how in organizations today, there are four main collaboration systems being used, all which help make that business successful which are: Groupware, Document Management Systems (DMS), Knowledge Management Systems (KMS) and Project Management Software.

From the Paper:

"DMS supports the electronic receiving, storage, archiving, access, and distribution of documents. DMS has been thought of as a backbone for moving standard business documents, especially for those who may be in a business with a lot of shipping and processing. DMS helps organizations keep everything on record, and helps keep it easily accessible, with permission. A DMS also helps financially, helping cut back costs of other storage uses. Rohrer (2003) stated that having a DMS in his organization saved his organization about $500,000, which would have been the cost to locate all of their documents that they had."

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