Strategic information system

This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these messages) This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources in this article. Unsourced material may be challenged and removed. Find sources: "Strategic information system" – news · newspapers · books · scholar · JSTOR (September 2015) (Learn how and when to remove this message) This article contains wording that promotes the subject in a subjective manner without imparting real information. Please remove or replace such wording and instead of making proclamations about a subject's importance, use facts and attribution to demonstrate that importance. (June 2015) (Learn how and when to remove this message) A major contributor to this article appears to have a close connection with its subject. It may require cleanup to comply with Wikipedia's content policies, particularly neutral point of view. Please discuss further on the talk page. (March 2010) (Learn how and when to remove this message) This article includes a list of general references, but it lacks sufficient corresponding inline citations. Please help to improve this article by introducing more precise citations. (April 2022) (Learn how and when to remove this message) (Learn how and when to remove this message)

A strategic information system (SIS) is a computer system used by organisations to analyse market and competitor information, helping them plan and make their business more successful. It shapes the corporate strategy of an organisation by providing a connection between the organisation's demands and the latest information technology. This connection helps the organisation adapt to the continuous changes in the corporate environment and gain a competitive advantage ^[1]

SIS supports in decision making by providing useful information to executives and managers. It integrates data from various internal and external sources to give a comprehensive understanding of organisations performance and market trends^[2]

It can give a business competitive advantage by offering insightful data, also helps in identifying opportunities and risks giving business advantage over its competitors^[3]

It aids in achieving company's long-term goals and objectives^[4]

• Cost leadership strategy: Helps company reach the lowest costs in the industry through business process engineering, reducing costs from suppliers, and reducing costs to customers ^[5]
• Differentiation strategy: Provides products or services unique and offering more value to customers compared to competitors ^[5]
• Focus strategy: Helps companies focus on specific products or services within the organisation.^[5]
• innovation strategy: Provides products or services with latest innovations^[5]
• Alliance strategy: Creates cooperative relationships that benefit both suppliers and other companies, even with competitors^[5]
• Growth strategy: Helps companies develop and diversify their market^[5]
• Quality strategy: Helps improve the quality of product and services ^[5]