ISTehnology – integrated Approach to IS Development and Benefits of its Using

The system ISTechnology and benefits of its usage are analyzed in the paper. ISTechnology provides an integrated approach to business modeling and development of information systems. The system consists of a meta-model and applications. The meta-model enables defining of a platform independent business model of the organization. The applications provide the definition and interpretation of the business model. Interpretation of the business model provides functionality of the information system in the selected platform. The lessons learned confirm that the development and maintenance cost of information systems can be significantly reduced by use of the ISTechnology. The paper describes additional benefits of using ISTechnology like generation of documentation and easy system migration to another platform.