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Applicability of IT Systems in Business in the Context of the Digitalization of Economic Processes

Author

Listed:
  • Ioana Lazarescu

    („Dunărea de Jos” University of Galați, Faculty of Economics and Business Administration, Romania)

  • Gabriela Gheorghe

    („Dunărea de Jos” University of Galați, Faculty of Economics and Business Administration, Romania)

  • Alexandrina Brinza

    („Dunărea de Jos” University of Galați, Faculty of Economics and Business Administration, Romania)

Abstract

In a dynamic economic environment characterized by intense competition and the demand for real-time information, information systems—particularly cloud-based solutions—play a critical role in ensuring competitiveness. Knowledge-based organizations leverage these systems to collect, extract, label, organize, process, and disseminate knowledge, thereby enabling more effective business solutions and informed decision-making. These systems also enhance collaboration and improve access to relevant information. The responsiveness of Information Systems (IS) is crucial for adapting to rapid economic changes. This study focuses on cloud-based Enterprise Resource Planning (ERP) and Customer Relationship Management (CRM) systems, highlighting their contributions to efficient resource management and improved decision-making processes. The methodology involves a comparative analysis of companies that have implemented ERP/CRM solutions versus those that have not, using data derived from case studies and financial analyses. Adapting the decision-making process represents a significant factor in distinguishing a successful organization from one operating at a deficit or an efficient public service or administration from a bureaucratic one.

Suggested Citation

  • Ioana Lazarescu & Gabriela Gheorghe & Alexandrina Brinza, 2024. "Applicability of IT Systems in Business in the Context of the Digitalization of Economic Processes," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 214-223, December.
  • Handle: RePEc:ovi:oviste:v:xxiv:y:2024:i:2:p:214-223
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    More about this item

    Keywords

    digitalization; cloud computing; ERP; data security; competitiveness;
    All these keywords.

    JEL classification:

    • C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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