Week 4: enhancing business intelligence using ISs In this lecture Mr Haidar has explained to us improve companies using technology and IS. Understanding big data: Business intelligence: the use of IS to gather and analyse information from the environment to make better business decisions. Businesses face challenges such as big data: · Volume · Variety · Variability · Velocity · Veracity · Value Management needs both: Hard data: facts and numbers generated by organisations Soft data: non analytical information such as web based news portals Threats and opportunities: · Wider choices for customers · ...
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Week 9: sustainability and business in the 21 st century In this lecture, Mr Haidar had a guest speaker to explain to us sustainability and business. The UN has goals for the future: · No poverty · No hunger · Good health · Reduced inequalities It was said in a report that in the future (2050) humans would use 3 earths worth of resources. 9 companies making $1B USD per year Chipotle: · 100% carnivore products · $4.11 billion Whole foods: · $14.19 billion · First supermarket to have organic certificate · Natura...
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Week 3: managing IS infrastructure and services During the lecture, Mr Haidar has taught us about the Components of an IS structure The IS infrastructure allows processing, storage and scnding data: · Hardware and software · Network Systems software v application software System software controls the basic operations of hardware Computer networking Computer networking, sharing information and services. Communications include senders and receivers. A transmission medium is used to send data through either a cable or wireless. Issues with managing IS structure An increase in technology caused; storage needs and energy consumption as well as demand fluctuations. Software obsolescence Big companies like Microsoft keeps on creating and developing better software every 90 days. New operating systems mostly require hardware for its full function. Older software are of...
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week 8 Business models in the digital world In the lecture, Bilal has explained to us a few business models that are popular in the digital world. An organisation is a structure that processes resources from the environment to produce outputs. Organisation: · Information technology and organisation influence each other An organisation is structure that processes resources from the environment Business: processes and routines · Business firm: collection of business processes · Business processes: collection of routines · Routine IS pushes decision making to lower levels, less managers are required. There are five types of organisational structure: entrepreneurial: small owned business machine bureaucracy such as government groups divisional bureaucr...
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Week 6: cloud computing and relational databases In this lecture, Mr Haidar has covered the topic of cloud computing along with databases. Software as a service A web service model for supporting and managing information system needs: · Managing and performing business process using online service than traditional application from a PC · Over 90% had a ROI in the 1 st of year and around 36% broke even in year 1 Benefits: · Paid by subscription basis · Installation and maintenance costs are outsourced · Money saving on client side Utility computing Organisations rent resources from other providers. · Subscription based: monthly payment · ...
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Week 2: Reflective writing For my second lecture in MIS, my lecturer Haider explored the topic of reflection. I have discovered that there are rational and emotional feelings. I do this in order to develop a deeper understanding and improve my skills in the future. What is reflection? · Exploration; rational · Why do it? Contexts and purposes: · Episodes and experiences · Development · Incident Borton's 3 elements What? Describe what has happened. So what? why did things happen Now what? What will I do next time? Reflective writing assignment specific model and follow the structure basic phases The lecture was very informative and enjoyable. i have learnt what is requir...