CTEC Chapter 1
Ch. 1 Information Systems in Global Business Today 1.1 The Role of Information Systems in Business Today
How Information Systems are Transforming Business
Information systems are growing at a substantial rate helping most companies increase their revenue. But in some cases such as newspapers they are declining.
What’s New in Management Information Systems?
There are three interrelated changes in the technology area: 1) the emerging mobile digital platform, 2) the growing business use of “big data,” and 3) the growth in “cloud computing,” where more and more business software runs over the internet.
Change & Business Impact
TECHNOLOGY
* Cloud computing platform emerges as a major business area of innovation- A flexible collection of computers on the Internet begins to perform tasks traditionally performed on corporate computers. Major business applications are delivered online as an Internet service (Software as a Service, or SaaS). * Big data- Businesses look for insights from huge volumes of data from Web traffic, e-mail messages, social media content, and machines (sensors) that require new data management tools to capture, store, and analyze. * A mobile digital platform emerges to compete with the PC as a business system- the Apple iPhone and Android mobile devices are able to download hundreds of thousands of applications to support collaboration, location-based services, and communication with colleagues. Small tablet computers, including the iPad, Google Nexus, and Kindle Fire, challenge conventional laptops as platforms for consumer and corporate computing.
MANAGEMENT
* Managers adopt online collaboration and social networking software to improve coordination, collaboration, and knowledge sharing- Google Apps, Google Sites, Microsoft Windows SharePoint Services, and IBM Lotus Connections are used by over 100