Measuring the Value Added to the Business

Information systems are no longer being used only for data reporting. As information systems have become a major part of the business model—and IS budgets continue to rise as a result of increased investment in IT—there is also a growing need to understand the value of business systems.

Respond to the following in a minimum of 175 words:

• Discuss the various models that are commonly used to help measure the value added to a business by information systems.