Chapter 1 BA 370 1/06/20141. Video: Accenture Technology Vision 2013 “Every Business is a Digital Business”A. The 7 TrendsB. Volume. Variety. Velocity (Big Data)C. BMW 1 Terabyte of data 2. Information Systems Touch Every Aspect of Modern BusinessA. Information Assurance/SecurityB. Business Continuity C. Storage/Backup/ArchivingD. Hiring/ Personnel SystemsE. Finance Reporting/ TrackingF. Collaboration Applications G. Corporate Internet Portal H. Corporate InternetI. Business Partner AccessJ. Customer Relationship Management K. Enterprise Resource Planning 3. IS = Information System – Decision Making, Coordination, ControlA. Data: The temperature is 50 degrees today B. Information: The average temperature on this day in the last 10 years was 50 degrees- You can buy pieces of the information system but not all of it 4. Corporations Invest in Information Systems In Order To:A. Develop/ Improve Operational ExcellenceB. Create New products, services, and business modelsC. Create expanded customer and supplier intimacy D. Facilitate improved/faster decision making E. Create Competitive AdvantageF. Remain Competitive Advantage 5. Fed Ex: Information System as a Competitive AdvantageA. Business ProcessesB. Every business decision drives an IT eventC. Legacy applications (acquired during acquisitions)D. Inventory of applicationsE. IT as a strategic and competitive advantage ... F. IT provides dashboard on how the business did “yesterday” vs. lastmonth or last year6. Wal-Mart Information Systems A. Develop/ Improve Operational excellence B. Create expanded customer and supplier intimacy C. Facilitate Improved/ Faster Decision Making D. Create Competitive Advantage E. Remain Competitive in the Marketplace- Pop Tarts sell a ton during hurricanes 7. Modeling Information Systems A. Function: What is accomplished?B. Structure: How is it Constructed?C. Behavior: How do the parts Act and
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