W5: IS, Operations and Business Transformation Flashcards
(15 cards)
What is cloud computing
delivery of different services through the Internet, including data storage, servers, databases, networking, and software. Rather than keeping files on a proprietary hard drive or local storage device
what is analytics
algorithms for connecting data
what is blockchain
Blockchain is a scalable decentralized digital ledger(record keeper) that records transactions across multiple computers in a way that is secure and transparent.
what is IoT
enabling phisical things to be digitally connected, monitored and controlled (sensors etc)
what are web 1.0, 2.0, 3.0, 4.0
1.0 internet - Online interaction
2.0 internet + social networking platforms/apps - user generated content
3.0 internet + cloud + blockchain - decentralised, scalable, computing power
4.0 - internet + AI - Intelligent web
explain and draw the boddy et al strategic alignement model
Slide 329
explain and draw the henderson and venkatramans strategic alignement model
slide 330
what are the 7 parts of an IT infrastructure ecosystem
- data management and storage
- internet platforms
- computing hardware platforms
- operating systems platforms
- enterprise software applications
- networking/telecommunications
- consultants and system integrators
What are enterprise systems
- collect data from different parts of the organisation
- enable coordination, communication and some decentralisation of decisions through data
- Put processes into operation, not just database
4 benefits/values of ERPs
- firm wide decision making support
- rapid customer request responses
- can improve operational excellence and customer intimacy
- evaluate overall organisational behaviour
2 types of implementation processes
- bottom up - one functional module of an EIS at a time
- top down - enterprise wide roll out (big bang)
3 reasons for business process redesign
- ICT enabled business transformation
- part of business and IT realignement
- full business model redesign
what are the 3 key business process redesign principles which managers must ensure
- strategy is driven by customers
- redesigned process creates value for customers
- IS supports strategy
Difference between ICT and IS
Information and Communication Technology (ICT) broadly encompasses all technologies used to handle telecommunications, broadcast media, audio-visual processing and transmission systems, while Information Systems (IS) is a discipline focusing on the integration of computer systems and software to manage and analyze data.
What are business processes - 4 points
- how work is organised, coordinated and focused to create valuable products
- concrete set of work flows and activities
- the ways that management chose to coordinate work
- can be functional, cross functional, internal or external