exam 1 refresh Flashcards
Digital Transformation
a process meant to improve properties with information, computing, communication and connectivity technologies
Software Cake Layers
Hardware, OS, Apps, User
Managerial Implications of Software:
Business demand, Legal Issues, Costs, Security
Operating System
Common set of commands for writing programs
Components of the Enterprise Resource Planning System
(SHIMPOD) Sales, HR, Inventory, Manufacturing, Purchasing, Order Tracking, Decision Support
Enterprise software examples:
ERP (Enterprise Resource Planning), SCM, CRM, and BI
What makes a platform more valuable?
More software applications
3 System Logic Layers
User Interface, Business Logic, Database
3 Advantages of DC
Fast, accurate, low-cost
Programming Languages
C++, C#, Visual Basic, Java
Scripting Languages
Python, R, VB Script, Java Script
IDE
tool for editing, debugging and compiling
What projects rarely succeed?
Info Systems Development Projects
SMACIT
social, mobile, analytics, cloud, IoT
Biggest cause of failure for digital transformation?
Lack of Goals
New tech has:
Fueled globalization, redefined concepts, lowered costs, data-driven decision-making, automating work
Sources of Switching Costs:
Learn and Search costs, Info/Data, Financial or Contratcual commitments, Loyalty Programs
Network Effects
Product becomes more valuable as there are more users
4th Industrial Revolution
Rapid change in technology, industries, and societal patterns and processes due to increasing interconnectivity and IT
Competitive Advantages of FreshDirect:
Fast, Low-Cost, Fresh, Data Usage
Cloud Computing is
On-demand delivery of IT resources over the internet
Benefits of SAAS
(FLARP) Fast Deployment, Low Cost, Accessibility, Remote Access, Product Enhancement
Risks of SAAS
Bankruptcy, Locked-In, Non-customizable, Non-substitutional, Reliance on Network
What do you pay for when you use HAAS?
(PST) Processing, Storage, Telecommunication
SAAS PROVIDER Managed Components
App, Data, Runtime, Middleware, OS, Virtualization, Storage, Servers
Benefits of Cloud Computing:
(IFANS) Innovative, Financial Analysis, New Software
Advantages of OSS
(CRASS) Cost, Reliability, Agility/Speed, Security, Scalability
Secondary Value Components
procurement and purchasing, HR managing, technological development, and company infrastructure
PDAs?
No, RFIDS
Which country experienced a
devastating accident, killing hundreds of
workers in poor conditions?
Bangladesh
What are potential threats Al pose?
Taking jobs, privacy concerns
Which big firm invested $2 billion into Al
development?
KPMG
