Cisco Systems advertises itself as the company on which the Internet runs, and this San Jose, California, company does dominate the sale of network routers and switching equipment used for Internet infrastructure. Under the leadership of CEO John Chambers, it has been so successful that it even briefly became the most valuable company on earth in early 2000, reaching a valuation of $555 billion and a stock price of more than $80 per share. One key to its success is that Cisco uses information systems and the Internet in every way it can. However, by April 2001 the stock closed below $14, a decline of more than 80 percent, while the company value fell to around $100 billion. What was to blame for this precipitous plunge? What role did Cisco’s information systems play? Cisco was founded in 1984 by Stanford University computer scientists looking for an easier and better way Continue reading
Business Information Systems
Software Development Processes
Software development processes are the structures or processes imposed on the development of a software product. To produce a successful and qualitative software product certain processes management criteria need to be considered. A process is a particular method of doing something, generally involving a number of steps or operations. A software development project will have at least development activities and project management activities. The development process focuses on the activities directly related to the production of software that is design, coding, and testing. Project management processes focus on planning, estimation, scheduling and taking corrective action when things do not go as per plan. Configuration management processes focus on change and configuration control, so that the correct, tested and approved version of software component are put together for delivery. The process management processes focus on the management and improvement of these processes. The four named processes will be discussed in detail; Continue reading
Role of Information System in Business Process Reengineering (BPR)
Business process reengineering concepts comes from management theories and introduce in 18th century. The purpose of business process reengineering is to make the business in best condition. The companies use the reengineering process to make the business in best position and to achieve the company goals. Business process reengineering means not only change but structural change. What kind of structural change in the organization, managing system, employee responsibilities, reward system, and information technology. Many organizations want to change the management of the organization but they not identified which part of work is to be changed. But the business process reengineering (BPR) is the concept of management and that has been formed by practical experience. BPR is not only impact inside the organization but also the external supplier and customer as well. BPR is help to increase the organization financial report and customer satisfaction and also find out the way how Continue reading
Uses and Risks of Personal Data in Big Corporations
Big Data has taken a huge role in art in creating today’s Technological Revolution. It is a phrase coined to describe the exponential volume of data we currently hold. Data is collected from a number of sources including cell phones, applications, databases, servers, etc. In return, it can then be used to find trends, patterns, and connections specifically related to how humans behave along with their interactions. This information includes likes, dislikes, preferences, and search and buyer history and is not limited to personal data such as birthdate, social security number, home address, and much more. Corporations across the globe have found new ways to use this data in everyday business functions. The collection of Big Data can be used to a company’s advantage in marketing, finance, and Government. Despite the fact that in a few situations Big Data can be hard to control, it can possibly enable organizations to Continue reading
Case Study of FedEx: Leveraging Information Technology to Grow Business
Federal Express is a global express transportation and logistics company that offers customers a single source for global shipping, logistics, and supply chain solutions. It was founded in 1973 by Frederick W. Smith. Since its inception FedEx pioneered the express delivery industry. The company focused on the core business of express delivery and provided overnight delivery services to the customers globally. However, the transformation of businesses and customers from old economy to the new economy forced FedEx to reposition itself from ‘overnight delivery service’ to a ‘one-stop-shop’ for the entire logistics requirement of the business. The company became the logistics service provider of leading organizations, like, General Motors. Background of FedEx During the late 1960s, Frederick Smith (Smith) chanced upon an idea to start an airline courier company. During this period, it was common practice to send packages as cargo on commercial carriers like American, United or Delta Airlines. This Continue reading
Text Mining Concept in Data Mining
Data mining is the process of extracting patterns from data. Data mining is becoming an increasingly important tool to transform the data into information. It is commonly used in a wide range of profiling practices, such as marketing, surveillance, fraud detection and scientific discovery. Data mining can be applied on a variety of data types. Data types include structured data (relational), multimedia data, free text, and hypertext. Nowadays, text is the most common and convenient way for information exchange. This due to the fact that much of the world’s data is contained in text documents (newspaper articles, emails, literature, web pages, etc.). The importance of this way has led many researchers to find out suitable methods to analyze natural language texts to extract the important and useful information. In comparison with data stored in structured format (databases), texts stored in documents is unstructured and to deal with such data, a Continue reading