IT Final Notes
IT Final Notes
Session 8:
Importance :
Types of E-Commerce:
Business-to-consumer (B2C): Electronic transactions where the
sellers are organizations and the buyers are individuals.
Business-to-business (B2B): Electronic transactions where both
the sellers and the buyers are organizations.
Consumer-to-consumer (C2C): The selling of products or
services between individuals.
Example: eBay, auctions, classified ads
Business-to-employee (B2E): The provision of information and
services from an organization to its employees via electronic
means.
Discounted insurance, travel packages, and tickets to events
on the corporate intranet. Sell company products to
employees at a discount.
E-government: The government's use of Internet technology in
general and e-commerce in particular to deliver information and
public services to citizens and business partners and suppliers.
o G2C EC or G2B EC
Example of G2C EC is electronic benefits transfer in
which governments transfer benefits such as
employment insurance or Canada Pension Plan
payments directly to recipients’ banks accounts.
Mobile commerce (m-commerce): Buying and selling goods that
is conducted entirely in a wireless environment.
o Using cell phones to shop over the Internet.
Electronic Payments:
x Electronic payment systems: System for paying for goods and
services through electronic means.
o Include: electronic checks, credit cards, purchasing cards,
electronic cash (like York u card)
pros:
- Instant settlement
- Distance is ok
- Decrease cost of processing
- Data entry improved
- More customer data (air miles)
Cons
internet of things:
the interconnection via the Internet of computing devices embedded in everyday
objects, enabling them to send and receive data.
Examples of objects that can fall into the scope of Internet of Things include connected security
systems, thermostats, cars, electronic appliances, lights in household and commercial
environments, alarm clocks, speaker systems, vending machines and more.
Businesses can leverage IoT applications to automate safety tasks (for example, notify
authorities when a fire extinguisher in the building is blocked) to performing real-world A/B
testing using networked cameras and sensors to detect how customers engage with products.
Wireless Technologies:
x Include devices
o Example: Smart phones
x Transmission media
o Example: Microwave, satellite, radio
x Wireless Devices:
o Wireless application protocol (WAP): The standard that
o Downside to smartphones:
Individuals are able to copy and pass on confidential
information.
à Potential solution is cell phone jamming devises.
- Local Area Networks (LANs): connects two or more devices in a limited geographical region,
usually within the same building so that every device on the network can communicate with
every other device. Most LANs today use Ethernet.
Many LANs have a file server or a network server. The server typically contains various software
and data for the network.
- Metropolitan Area Networks (MANs): relatively large computer networks that cover a
metropolitan area.
- Wide Area Networks (WANs): network that covers a large geographical area. WANs typically
connect multiple LANs. WANs also contain routers.
Router: a communications processor that routes messages from a LAN to the Internet, across
several connected LANs or across the Internet.
Computer Network: A system that connects computers and other devices via communications
media so that data and information can be transmitted among them.
Networks have three objectives: speed, distance, and cost. Organizations typically must select
two of the three.
Twisted-pair wire, the most prevalent form of communications wiring, consists of strands of
copper wire twisted in pairs. It is relatively inexpensive to purchase, widely available, and easy
to work with.
However, it is relatively slow for transmitting data, it is subject to interference from other
electrical sources, and it can be easily tapped by unintended receivers.
Coaxial cable consists of insulated copper wire. It is much less susceptible to electrical
interference than is twisted-pair wire and it can carry much more data. However, coaxial cable
is more expensive and more difficult to work with than twisted-pair wire. It is also somewhat
inflexible.
Fibre-optic cables consist of thousands of very thin filaments of glass fibres that transmit
information via light pulses generated by lasers. Fibre-optic cables are significantly smaller and
lighter than traditional cable media. They can also transmit far more data, and they provide
greater security from interference and tapping. Fibre-optic cable is often used as the backbone
for a network, whereas twisted-pair wire and coaxial cable connect the backbone to individual
devices on the network.
Communication Channel: pathway for communicating data from one location to another.
It is composed of two types of media: cable (twisted-pair wire, coaxial cable, or fibre-optic
cable) and
broadcast (microwave, satellite, radio, or infrared)
Wireline media or cable media use physical wires or cables to transmit data and information.
Digital subscriber line (DSL) : DSL is a wireline transmission technology that transmits data faster
over traditional copper telephone lines already installed to homes and businesses.
Cable modem: Cable modem service enables cable operators to provide broadband using the same
coaxial cables that deliver pictures and sound to your TV set.
Most cable modems are external devices that have two connections: one to the cable wall outlet, the
other to a computer.
Satellite: Just as satellites orbiting the earth provide necessary links for telephone and television
service, they can also provide links for broadband. Satellite broadband is another form of wireless
broadband, and is also useful for serving remote or sparsely populated areas.
Wireless: Wireless broadband connects a home or business to the Internet using a radio link
between the customer’s location and the service provider’s facility. Wireless broadband can be
mobile or fixed.
Wireless technologies using longer-range directional equipment provide broadband service
in remote or sparsely populated areas where DSL or cable modem service would be costly to
provide
Fibre-to-the-home (FTTH) : Fiber optic technology converts electrical signals carrying data to light
and sends the light through transparent glass fibers about the diameter of a human hair. Fiber
transmits data at speeds far exceeding current DSL or cable modem speeds. The actual speed you
experience will vary depending on a variety of factors, such as how close to your computer the
service provider brings the fiber and how the service provider configures the service, including the
amount of bandwidth used. T
Discovery involves browsing and information retrieval and provides users the ability to view
information in databases, download it, and/or process it. Discovery tools include search
engines, directories, and portals. Discovery tools enable business users to efficiently find
needed information.
- Search engine
- Translation to many languages
Portals:
- Commercial portals
- Affinity portals
- Corporate portals
- Industry- wide portals
Communication : Networks provide fast, inexpensive communications, via email, call centres,
chat rooms, voice communications, and blogs. Communications tools provide business users
with a seamless interface among team members, colleagues, business partners, and customers.
Telecommuting is the process whereby knowledge workers can work anywhere and anytime.
Telecommuting provides flexibility for employees, with many benefits and some drawbacks.
Collaboration : Collaboration is the mutual efforts by two or more entities (individuals, groups,
or companies) who work together to accomplish tasks. Collaboration is enabled by workflow
systems. Collaboration tools enable business users to collaborate with colleagues, business
partners, and customers.
- Google docs
- A way for everyone to contribute without being together
Social Networking: websites allow users to upload their content to the Web in the form of text
(for example, blogs), voice (for example, podcasts), images, and videos (for example,
videocasts).
• Network and community building – eg. employees can interact with coworkers,
making social and business oriented connections
• Social collaboration, publishing, views and feedback
• Social intelligence and analytics
Example: IBM connects 426,000 employees in 170 countries for work and social
Two types:
PUBLIC : facebook
Private : back-end
Risks :
Invasion of privacy
Violation of intellectual property and copyright
Employees’ reluctance to participate
Data leakage of personal information or corporate strategic information
Poor or biased quality of users’ generated content
Cyberbullying/cyberstalking and employee harassment
Session 9
TPS Transaction Processing Systems : An information system that supports the monitoring,
collection, storage, processing, and distribution of data from the organization’s
basic business transactions.
- Processes transaction data from business events.
- Example: When a cashier swipes a product for you to purchase, it records the
transaction, typically in real time.
- Have to handle large volume and large variations in volume (peak
times) efficiently.
- Must avoid errors and downtime, record results accurately and
securely, and maintain privacy and security.
- Process: First data are collected by people or sensors and are entered
into the computer via an input device.
Source data automation (try to automate the process as much as possible)
Management of TPS
Benefits :
Cons :
- Complex
- Costs (training)
- Loss of strategies
What distinguishes a transaction processing system TPS vs FAIS VS ERP . explain the
differences and provide examples of these systems
TPS provides the boundaries FAIS . entry point, real-time record. for ex scan register (scan)
ERP makes FAIS clearer and improves communication flow . for ex SAP
FAIS provide info to managers within department . for ex System for payroll.
Session 10
Customer touch points (single view of customer) : Any interaction between a customer and
an organization.
Examples: Telephone, direct mailings, physical interactions,
e-mail, websites, smart phones, internet, computer, sales
representative, field service technician, service center, call
center.
Examples :
- traditional : telephone
- additional : email
Operational CRM :
Customer-facing CRM applications: Areas where customers directly interact with the
organization, including customer service and support, sales force automation, marketing, and
campaign management. FOR EXAMPLE sales people helping a customer who came
Customer-touching CRM applications: AKA electronic CRM (e-CRM) applications. Applications
and technologies with which customers interact and typically help themselves.
- Search and comparison capabilities:
Comparison websites, or on-line stores and malls offer search and comparison capabilities.
Analytical CRM :
Customer relationship management systems that analyze customer behavior and perceptions in
order to provide actionable business intelligence.
- Typically provide information on customer request and transactions,
as well as on customer responses to an organization’s marketing,
sales and service initiatives.
- Create statistical models of customer behavior and the value of
customer relationships over time, as well as forecasts of customer
acquisition, retention, and loss.
- Important technologies in analytical CRM systems include data
warehouses, data mining, decision support, and other business
intelligence technologies.
o Once analysis is complete, information is delivered to the
organization in the form of reports and digital dashboards.
Supply chain management : Manage information flows between and among stages in a supply
chain to maximize supply chain efficiency and effectiveness. Help organizations plan, schedule,
control, and optimize supply chain from the acquisition of raw materials to the receipt of
finished goods by customers.
- Sales low
- Large wholesale order
- Larger manufacturer order
- Larger supplier order
The generic supply chain begins with the sourcing and extraction of raw materials. The
raw materials are then taken by a logistics to a supplier, which acts as the wholesaler.
Through logistics, the materials are taken to a manufacturer, or probably various
manufacturers who refine and process them into a finished product.
Afterward, it goes to a distributor that wholesales the finished product, which is next
delivered to a retailer. The retailer sells the product in a store to consumers. Once the
consumers buy it, it completes the cycle, but it’s their demand that then goes back and
drives the production of more raw materials, and the cycle continues.
Electronic data interchange (EDI): Communication standard that enables business partners to
exchange routine documents, such as purchasing orders, electronically.
Benefits:
- Minimizes data entry errors (each entry checked by computer), length of the message
may be shorter and the messages are secured, EDI reduces cycle time, increases
productivity, enhances customer service, and minimizes paper usage and storage.
Drawbacks:
- Involves a significant initial investment
- Ongoing operating costs are high, due to the use of expensive, private VANs.
- Traditional EDI system is inflexible
- Difficult to make quick changes, such as adding business partners.
- As a result, one company might have to use several standards in order to communicate
with different business partners.
Session 11
Data analysis :
On-line analytical processing (OLAP): Performing complex, multi-dimensional analyses of data
stored in a database or data warehouse.
Data mining: The process of searching for valuable business information in a large database,
data warehouse, or data mart.
- Performs two basic operations:
Predicting trends and behaviors
à Can use data from past promotional mailings to identify people who are most likely to
respond favorably to future mailings.
- Identifying previously unknown patterns
à Analyze retail sales data to discover seemingly
unrelated products that are often purchased
together.
à Detecting fraudulent credit card transactions
Artificial intelligence (AI): A subfield of computer science concerned with studying the thought
processes of humans and representing the effects of those processes via machines.
- Preserve knowledge
- Duplication / dissemination
- Cost of knowledge
- Documentability
Disadvantages:
Extremely costly initial development cost; increases with complexity of data structures
Will not be used by executive or senior management unless very user-friendly and easy
to use
Costly to maintain
Decision support systems (DSS): System that combines models and data in an attempt to solve
semi- structured and some unstructured problems.
Advantages :
Disadvantage
- Timely
- Faulty associations
- Difficult to re-use
- Used as an alternative to human decision making
Fuzzy logic:
Precisely defines imprecise concepts to consider “grey” areas in decision making (e.g. Google
search)
Session 12
IT Strategic Plan
- A set of long-range goals that describe the IT infrastructure and
identify the major IT initiatives needed to achieve the organization’s
goals.
- Must meet 3 objectives:
o Must be aligned with the organization’s strategic plan
IT Operational Plan
x Such plan consists of a clear set of projects that the IS department
and the functional area managers will execute in support of the IT
strategic plan.
x Consists of:
o Mission – The mission of the IS function (derived from the IT
strategy)
o IS environment – A summary of the information needs of the
functional areas and of the organization as a whole.
o Objectives of the IS function – The best current estimate of
the goals of the IS function.
o Constraints on the IS function – Technological, financial,
personnel, and other resource limitations on the IS function.
o The application portfolio – A prioritized inventory of present
applications and a detailed plan of projects to be developed or
continued during the current year.
o Resource allocation and project management: A listing of who
is going to do what, how, and when.