May I ask are there some IT approaches may work in other less or more sophisticated...

May I ask are there some IT approaches may work in other less or more sophisticated marketplaces? Please show me the IT approaches and examples

Expert Solution

Yes, there are many approaches:

1. The ERP system should integrate information from various processes and function. the integration reduce Data Redudency and ensure the availability of the right information.

2. ERP package should be scalable and should support open ans non proprietery technology Standards which reduce risk and ensure the compatability of the system with other IT solutions.

3. The IT System posses some degree of artificial intelligence.which generate code automatically, perform symbolic differentiation and integration, understand the text to certain extent etc. Example: recently amazone introduced "Alexa" which helps in Assist the indivudual by sharing knowledge and information.

4. An artificial Neural Network ia a mathematical Computational Model for Information processing based on a connectionist approach to computation. it enables to deal with information that are fuzzy, problamatic , noicy and Inconsistent.

Example: EDI ( electronic data interchange) is a standardized form of electronic documents are transfered between two computer systems.Customers and Suppliers within the same organisation can share information electronicallly by using EDI in same time.

keosha answered 1 year ago

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