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I disagree because when a firm invests in IT, the investment is directly associated with its financial performance. I think there is a direct correlation here. The correlation is that the more a firm invests in IT, the faster they increase their revenues and the companies that invest little to nothing in IT have a greater potential for bankruptcy...
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However, such IT is just a necessity and not sufficient to create informational capabilities that make a difference in firm performance. While the arrival of faster and more powerful technologies continues to promise ever-increasing value, we nonetheless appear to have reached a plateau in business where the ability to deploy technological innovations ? nimbly, strategically and across the breadth of an organization and beyond ? is presently more important than the technologies themselves...
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