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 · ...