We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Information Systems and Technology - Case Study Example

Comments (0) Cite this document
Summary
This case study gives an overview of JP Morgan Chase's move back from outsourcing. In this paper, we will discuss their information technology and information systems strategy in relation to their business requirements. We will also discuss the methods which might be used for developing new systems following the merger with Bank One based on our own knowledge of systems theory and systems development practice…
Download paper
GRAB THE BEST PAPER
Information Systems and Technology
Read TextPreview

Extract of sample
Information Systems and Technology

In 2005 it recorded sales of $79.9 billion and employed 168,847 people. In December 2002, the financial services company J.P. Morgan Chase announced a seven-year, $5 billion deal to outsource much of its data processing to the technology giant IBM, both companies bragged that the contract the largest of its kind for IBM would reduce costs, create value and propel innovation at J.P. Morgan. According to JP Morgan Chase management, this agreement would create "significant value" for clients, shareholders, and employees by creating capacity for "efficient growth" while reducing costs and increasing quality. The deal also ranks as IBM's largest outsourcing agreement, eclipsing its seven-year, $4 billion outsourcing arrangement with American Express.
The motivations for outsourcing are growing from a focus on cost reduction to an emerging emphasis on improving business performance. The traditional rationale of vendor economies of scale and specialization is becoming less convincing. Companies such as Dupont, British Petroleum and J.P. Morgan, with well-run, innovative IS departments that are large enough to accrue the same scale and specialization benefits as a vendor, are nevertheless engaged in significant outsourcing deals. Furthermore, as the growing role and importance of information and communications technologies become widely recognized, companies frequently confront a wide disparity between the capabilities and skills necessary to realize the potential of these technologies and the reality of their own in-house technology capabilities and skills. IT outsourcing is playing an increasingly prominent role in strategies designed to fill the space.
Also outsourcing some of the IT Portfolio remains a direction that the majority of companies will continue to invest in as part of their overall strategic sourcing strategy. Clearly the service and support function (Help Desk and Network Administration) of the IT Portfolio along with application development and network operations remain the most popular components to outsource. In the past year alone, almost 50% of the companies that were contracted for outsourcing services have prematurely ended their arrangement.
For JP Morgan Chase there are several business requirements that information technology and information systems strategy in relation to. For example, performance of its products, the appeal of its products to customers, its ability to meet the objectives and needs of clients, its reputation, and its ability to attract and retain its personnel. Improving IT and IS in order to form the meaningful data. So that the company can create efficient growth, reducing cost and increasing quality, other reasons included:
- Increasing the company's image by associate with IBM.
- Create significant value for clients.
- To enable them to establish themselves in the various markets that they were operating in.
When JP Morgan Chase and Bank One merged operations, a central part strategic sourcing analysis was done. In looking at areas within IT in terms ... Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Information Systems and Technology Case Study Example | Topics and Well Written Essays - 2000 words”, n.d.)
Retrieved from https://studentshare.net/technology/299551-information-systems-and-technology
(Information Systems and Technology Case Study Example | Topics and Well Written Essays - 2000 Words)
https://studentshare.net/technology/299551-information-systems-and-technology.
“Information Systems and Technology Case Study Example | Topics and Well Written Essays - 2000 Words”, n.d. https://studentshare.net/technology/299551-information-systems-and-technology.
  • Cited: 0 times
Comments (0)
Click to create a comment
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Three Information Technology Systems
When investigations are conducted into crimes and fingerprints are recovered, it is very helpful to have access to the database systems which retain fingerprints and DNA from previous offenders and may also tie one crime in with another because the same fingerprint shows up in both.
4 Pages(1000 words)Assignment
Outsourcing Information Technology
By out sourcing the Information technology, the company not only get the quality work done by experts but also will be relieved of the work pressure along with extra benefits like if there is any outage and any loss incurs that will be born totally by the outsourced company.
2 Pages(500 words)Case Study
Strategic Information Systems Case Study
The evaluation will also investigate how w effectively has REI used information systems and the Internet to meet its business strategy goals and maintain a competitive edge The evaluation aims to answer if REI is capable of climbing higher with Networking and the Internet
8 Pages(2000 words)Case Study
Information Systems for JP Morgan
Primarily, the decision towards its outsourcing a significant portion of its IT infrastructure to IBM did not have long term benefits. The negative experiences of the financial hub forced a decision to reverse its IT strategy. JP Morgan Chase, a financial holding company which merged with Bank One to expand its operations and market for financial products.
12 Pages(3000 words)Case Study
Mercy Health Systems
Henry Palmer. It's current president and CEO is Javon R. Bea, who was recruited by the board of directors in 1989. He developed a vision to create a vertically integrated healthcare system that would partner with physicians to deliver patient-focused, high quality care; provide excellence in patient care services through conveniently located medical centers; provide complementary care through post-acute care and retail health services; and offer this range of care through an integrated insurance plan.
5 Pages(1250 words)Case Study
Information Systems Case Study
The organisation is studied in context of its IT/IS system and methods, procedures and important norms are recommended to it for a developing and implementing a new system in accordance with system development procedures. Comair, a regional airline based in the US faced tumultuous conditions hen its IT system crashed due to lack of upgradation and proper supervision from the management.
9 Pages(2250 words)Case Study
Mamagement of information technology
MIS will improve the business' in general output and support the organizations largely goals(Laudon, K. & Laudon, J. 2002). " When Management Information System (MIS) was young, the holy grail at the heart of our discipline was" how do we create and] develop information systems that deliver value to the users, on time, and under budget" thirty years later this questions is still at the core of our craft.
12 Pages(3000 words)Case Study
Managing Information Technology
However, telemedicine can provide a more affordable approach in healthcare services to isolated communities although its range of services is limited to outpatient services. The service allows patients to access medical care from doctors and other healthcare
2 Pages(500 words)Case Study
Management Information Systems Case
Before approaching to explain whether Wal-Mart and or Wal-Mart associates are facing ethical dilemma, we need to define the concept of an ethical dilemma. Among numerous definition of ethics, perhaps the best one is, it is a set
5 Pages(1250 words)Case Study
Information Analysis of Organization Systems
The company is new in online commerce and hence encounters barriers to entry and is uncertain on its target market. Most of the company’s traditional customers and conservative advertisers may not be willing to interact with the
2 Pages(500 words)Case Study
Let us find you another Case Study on topic Information Systems and Technology for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us