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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Showing posts from April, 2018
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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...