In: Computer Science
1– How does the information systems that operate within an enterprise sphere of influence support an organization in its interactions with its environment? Address three (3) of the following: customers, suppliers, shareholders, competitors, special-interest groups, the financial community, and government agencies.
2 – Designing supporting and implementing Data Systems associated with Big Data is a challenging information systems management problem. List four of the ways organizations are employing big data to improve their day-to-day operations, planning, and decision making.
3 – An organization that implements an enterprise system is creating a highly integrated set of systems, which can lead to many business benefits. Identify the challenges that organizations face in planning, building, and operating their enterprise systems.
4 - ERP vendors have also developed specialized systems that provide effective solutions for specific industries and market segments. What are four advantages associated with the implementation of ERPs? List and briefly explain each.
5 - There are many BI and analytics techniques and tools that can be used in a wide range of problem solving situations. Identify three (3) BI techniques and explain how they are used.
Solution 1: Information Systems play the most important role in the well functioning of an organization. From the functioning of the payroll department, scheduling of the tasks as well the streamlining of the projects, they play the most crucial role in the progress of an organization.
Solution 2: Big Data analytics is actually one of the most important emerging technologies in the field of Information Technology. It allows the organizations to use their own data to get the meaningful insights from it. Some of the most important functions of Big Data analytics are:
Solution 3: Enterprise systems are created by the organizations to improve their business processes in order to get the most number of sales as well as the revenues from the production. Some of the challenges that are faced by the organizations are:
Solution 4: Enterprise Resource Planning that is most commonly known as ERP is the process of managing the business processes within the organization that is done in real-time situations in order to improve the efficiency of the business processes. Some of the advantages of ERP are:
Solution 5: With the advent of the internet, millions of gigabytes of data is produced each and everyday over the internet. It is a challenge in itself to better manage as well as churn out the important insights from the data so that better business decisions can be made. One such technique to better manage the business data and ensure the retrieval of the insights and enhanced decision making is the business analytics or business intelligence. Business Intelligence which is popularly known as BI refers to a set of tools and techniques that are widely used for the analysis of the business data as well as for the enhanced decision making. Some of the most widely used BI techniques are:
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