Question

what are 3-5 topics regarding global efforts in the information systems industry. clearly identify the global topics, how it's being used in global firms and what affect the topic has on the information systems industry

Answer 1

Looking into the latest trends in the information system industry, the most relevant topic deals with the data, such as how to deal with the global data, cost for the storage of the data or hidden data which may be relevant or irrelevant. For example –

-          Due to the rapid changes in the technology and IoT (Internet of Things) taking the stand, there is enormous data created and this is risky and costly affair for many businesses.

-          The most talk about ‘Brexit’ has provided opportunity to UK to develop genuine standards for the data storage and due to this reason, many data centers established in UK. Due to ‘privacy shield’ provided by the European Commission and US Privacy Shield, this has gained trust. When it comes to the UK, there is a fair chance to have own regulations and standards to deal with the global data storage and this gives the boost to become world champion in data storage domain.

-          Another area would be the cost associated with data storage. As most of the organizations are moving towards digital storage in order to save space and to work towards financial implications of compatibility of the digital data with the new technology or applications.