Joining Euro Community – Business and Information Technology partnership: Lessons learned in Latvia

Abstract

The impact of Information and Communication Technology (ICT) to business operations is crucial and unavoidable especially considering introduction of new Information Systems (IS) or implementation of modern Information Technology (IT) platforms and solutions. Migration to euro and appropriate customisation of Enterprises’ Information Systems was the main challenge for Latvian companies in previous year for enabling operation in EURO currency from the 1-st of January 2014. In this paper the author presents the research, which was the final stage of long-term research done in 2013-2014. The finishing of the research was set of structured interviews with companies’ top management just after euro introduction for comparing the expectations of Latvian companies with the real life.