Chapter 0 Flashcards
Agricultural Era
Industrial Era
Information Era
Information Era in a Nutshell
More data ha been created in past 2 year* than in entire previous history of human race
By end of 2025 humanity should have:
18.22 billion smartphone users globally
200 zetabytes of data (zatabyte = 10^21 bytes)
= Paper stack of 350 years in length (assuming 300 words per paper)
Wordwide Information technology spending of $22.39 trillion (approx 6% of gross world GDP)
AI - A new era?
Management Information Systems (defined as acadamic discipline)
Studies:
- People
- Technology
- Organizations
- the Relationships among them
MIS is foundation for…
Both Information Systems + Data Analytics
MIS defined as a system is…
A Combo of:
- Hardware
- Software
- Infrastructure
- Trained personnel
(above are Systems + Info)
organized to facilitate
a. Planning
b. Control
c. Coordination +
d. Decision making in an org
(these all are part of Management)
IT Productivity Paradox
Flooding org’s with IT doesn’t work.
Org + IT doesn’t = Desired results straight away
IT has to work with Strategy + Business processes (double arrows between these three) to produce desired results
