Strategic information systems are the information systems that companies use to help achieve their goals and become more efficient. Businesses use these systems to achieve a competitive advantage on their competitors as they seek to provide a good or service in a way that is better than that of their competition. For example, a strategic information system can be used to provide a product at a lower cost than competing organizations.
This business tool may also be used to help the business appeal to a certain market segment. Businesses can increase their profits by appealing to a portion of the market that is not being adequately served or is particularly profitable.