Ambrose University College
December 12th, 2014
Corporations such as WalMart and Amazon have been around for quite some time now. Both are leading powers in the market today; Walmart in primarily the offline retail industry and Amazon in the online retail industry. Acting as leading examples of successful business; these organizations could not have risen to be one of the central superpowers in the market today if it weren’t for information technologies. In fact I am going as far today that information technologies is what 's allowed their very existence today in the market.
Amazon and WalMart both have remarkable stories and over the years have faced many challenges and have risen to meet them. Their stories are truly an inspiration to organizations and business minded individuals. The purpose of this writing is to share with you two very powerful organizations success stories and how information technology was and is the primary driving force behind their success. We will start with WalMart.
WalMart Inc. is an American multinational retail corporation; operating in 27 countries around the globe they currently have 11,088 locations operating. WalMart is known for it’s relentless pursuit of low consumer prices; their revenue for 2013 summed to a exceptional total of US$ 476.294 Billion and according to the Fortune Global 500 is the largest corporation in the world in terms of revenue. Research states that US$36 million is being spent every hour of every day at Walmart. Founded in 1962 by Sam
Walton; WalMart’s first location was opened in Bentonville, Arkansas. Organizations like WalMart do not turn into these corporate giants over night; their reason for their wild success? Information systems. WalMart’s was able to leverage information systems to an extent that was never seen before in the retail industry.
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