Chapter 1 Flashcards

(34 cards)

1
Q

Living in the IT ERA, also known as the ___

A

Information Technology era

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2
Q

means that our daily lives are deeply influenced by technology and digital information

A

Information Technology era

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3
Q

“ is no longer just a buzzword; it has become a critical imperative for businesses and industries across the globe.

A

Digital transformation

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4
Q

refers to the integration of digital technologies into all aspects of a business, fundamentally changing how it operates and delivers value to customers.

A

Digital transformation

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5
Q

It encompasses a wide range of technologies, including cloud computing, artificial intelligence, IoT, data analytics, and more.

A

Digital transformation

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6
Q

Businesses face growing pressures to evolve in response to changing customer expectations, market dynamics, and technological advancements. Some key drivers include:

A

Customer Expectation
Competitive Landscape
Operational Efficiency
Data-Driven Insights

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7
Q

: Modern consumers demand seamless online experiences, personalized interactions, and instant access to information.

A

Customer Expectations

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8
Q

: Digital-native startups and innovative
competitors disrupt traditional
industries, compelling established players to adapt or risk obsolescence.

A

Competitive Landscape

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9
Q

: Automation and
digitization can streamline operations, reduce costs, and improve resource utilization.

A

Operational Efficiency

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10
Q

Harnessing data analytics empowers companies to make informed decisions and uncover valuable insights.

A

Data-Driven Insights:

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11
Q

Several industries have embraced digital transformation with remarkable success such as:

A

Financial Services
Retail:
Healthcare:
Manufacturing:
Transportation:

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12
Q

: Fintech companies have revolutionized banking and payment systems, making transactions faster, more secure, and convenient.

A

Financial Services

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13
Q

: E-commerce giants leverage AI and big data to personalize shopping experiences and optimize supply chains.

A

Retail

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14
Q

: Telemedicine and health tech innovations have expanded access to care and improved patient outcomes.

A

Healthcare

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15
Q

: The adoption of Industry 4.0 principles has enhanced efficiency and productivity in factories.

A

Manufacturing

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16
Q

What are the 4 industry 4.0 principles

A

Interoperability
Information transparency
Technical assistance
Decentralized decision

17
Q

: Ride-sharing platforms and autonomous vehicles are transforming the way people and goods move

A

Transportation

18
Q

Challenges and Barriers of digital transformation

A

Cost:
Resistance to Change
Cybersecurity:
Data Privacy:

19
Q

: Implementing new technologies and training staff can be expensive

20
Q

: Employees may resist changes in workflows and processes

A

Resistance to Change

21
Q

: Increased digital presence exposes businesses to new security threats.

A

Cybersecurity

22
Q

Compliance with data protection regulations is a growing concern.

A

Data Privacy:

23
Q

The ___ is a global network of interconnected computers and computer networks that enables the exchange of data and information across vast distances.

24
Q

Elaborate the Internet Milestone (3)

A

1960s: ARPANET (Advanced Research Projects Agency Network) laid the foundation.

•1980s: The emergence of the World Wide Web (WWW)

1990s: The Internet became accessible to the public

25
was the first proven concept of sending and receiving information regardless of geographical location in near real time.
ARPANET
26
was the first design of what has become known as the Internet today.
ARPANET
27
is a British computer scientist. He was born in London, and his parents were early computer scientists, working on one of the earliest computers.
Tim Berners-Lee
28
(Unique group of numbers)
IP Address
29
(Fiber Optics, Wi-Fi, Cable, Tower, router)
Communication Media
30
(Associates name for each website IP Address in the world
DNS Tech
31
are a set of rules that governs the communication and exchange of data over the internet.
Internet protocols
32
Digital plant models: Virtual copy of physical world
Information Transparency
33
Ability of cyber physical system to support human by executing various tasks
Technical Assistance
34
Ability of systems to execute local requirements on their own and to perform tasks autonomously
Decentralized Decisions