Assessing the Effects of Information Technology on Firm Performance Using Canonical Correlation Analysis: A Survey in Iran Car Part Suppliers Sector

In this paper we have analyzed the effects of IT usage on IT Iranian car part suppliers. Canonical correlation analysis reveals a statistically significant relationship between one set of variables namely, the seven indexes of IT usage, and the other set of variables namely, three company performance indexes. Accordingly; the results show that correlation between company performance and the extend of using IT in the planning, administration and pecuniary affairs is stronger than the other aspects of IT usage.