Assignment on the technology world

Abstract of the technology world:

The technology world is growing so fast. It is changing every minute and is continuously setting new boundaries. These changes will overcome soon before the company make up with new innovations in the market. In short, we are putting so much effort so much to meet demands of global market in our core base. In this paper we are going to discuss about the new computer systems that will help in catching up with new technologies and will increase our abilities in near future. The main systems to be reviewed are Information system related solution that will may include Decision Support System (DSS), Cloud computing, Enterprise Data Warehouse (EDW), Data Management System (DMS), Supply Chain Management (SCM). There are many reasons that why we including these systems. These systems will benefit the company in many ways that are going to be elaborated here. There is also some research data that will explain the improvements.

Decision support system of the technology world:

When things are changing so frequently, it become very difficult to take any good decision. There are a lot of managers who get confuse while getting started in taking any decision. It’s all because of information technology which made this easier for managers to take any decision. In order to make good valuable decision, decision support system (DSS) is kind of a software which give privilege to senior managers by providing them with data of lower levels and then change it into useful information for the purpose of decision making. It can help manager in making structured of unstructured decisions. Structured decisions do not require a large amount of power implementation, it helps with the routine. On the other hand, the unstructured decision is a decision that will depend on human knowledge. DSS greatly assist with this. This happen to be in use less frequently than structured decisions, but when done greatly and accurately, it helps a lot in company management. In order to make best decision for a particular situation, DSS give the data to ensure that the manager is going right with unstructured decision-making process. DSS can make the manager unique models for creation of some experiment that can assist it in future development. In order to analyze the future decision making, a report that is usually called as “what if” report is created through DSS. Another beneficial aspect is in goal seeking. When manager has some perspective about some specific go and he need to know that how to achieve that, DSS can help in making strategy report which can aid in making decision accurately.

Cloud Computing of the technology world

This literature involves the change brough by cloud computing on information systems services and the changes of performance of their employees who work on enterprise database development projects. The field of information system is implementing a paradigm change, with cloud computing developing a major change in business structures and methodologies which not only include the enterprise who are the users of information systems but also for the retailers and service providers of information system. It is referred that the upcoming cloud infrastructure are replacing the ongoing information system process of development which is going to make major changes to the paradigms of system development service providers. The impacts of cloud computing over information systems are pervasive and highly appreciated. The impacts have dynamic scalability and increase in the usage of virtualized resources which can be easily accessed as service with the help of internet. The direction change in favor of the cloud is expected to bring positive impacts on organization operational management and mostly in environment who are facing shortage of budgets. The cloud is expected to mitigate the constraints which organizations face when initiating big investments in their information division which involves computers and network devices that need increased in asset budget and a large amount of expenditure of capital.        It is largely recognized that the information systems are elaborated as providing space to technology to calculate business problems and provide adequate solutions. For managing information system service contractors, a noticeable portion of this process involves database system development consignments. The presence of cloud computing has significantly infiltrated the delivery of service paradigms for these service providers. Projects which were quite well established with these processes are taking an alternate with the outcome the contractors must change the allocation of their resources., structures and offerings. In the same time the employees of the service retailers should also implement the changes required by the organizations to remain intact and relevant to the industry

Database Management System (DBMS): In information system, the organized collection of the data needs to get managed according to need. In this regard, DBMS can help in managing and collection of the data. And information is nothing but just an organized collection of data. In DBMS the data is collected, organized, a managed and stored. DBMS provide maintenance to the data files there. Effective data management is achieved by applying DBMS. It plays vital role in both creation and management of the data. In order to run and manage the data effectively, DBMS is needed. It serves as intermediary between user and data. It gives advantage by proving the end user with single complete view of the data. And also translate those applications which are in complex relation. A lot of internal complexity of data is not shown up to the user and to the program. With access to DBMS, user can go to main data, can update it and can delete it if required in information system. When the information system of the company is collaborated with DBMS, it become easy for user to get available data access.

Allowing different data sets to collaborate with one anther will give advantage to the information system f the company. So, DBMS will become ideal in managing relations of data sets in a very easy simple way. This will ultimately help the manager to understand the key statistics that are related to sales or business operations.

The data security will get in risk if more people are able to reach it. A lot of companies invest a lot of time and money to make sure that data is in proper use. But the outcomes are not always what the manager want it to be. DBMS ensure better security and privacy policies and allow them to make improvements in overall security of the data.

Enterprise Data Warehouse (EDW): The enterprise data warehouse (EDW) is a kind of corporate repository that manage and save all the previous business data of an enterprise. There should be single storage facility that will prepare data for further analysis and also store it. The information usually come from many different systems like physical recording, CRMs etc.

It can be elaborated that enterprise data warehouse is a unified repository for almost all the present and past business data that ever happened in that organization. EDW store its data basically from the original sources like CRMs, loT devices or google analytics etc. Because if the data get scattered around different system it will be impossible to manage it, so EDW is basically providing a unified repository for multiple data along with their sources so that it will become easy to handle them. There is always the process of generating new data inside and even outside the company, so a committed infrastructure is needed for smooth flown of the data to manage it before its entry into warehouse.

The data that get to store in EDW is always structured and standardized. So, the end user gets the privilege to use it easily and to make reports accordingly. And this is what makes the EDW different from data lake. Data lake actually store unstructured data for the use of analytical purposes but here data lakes is used by engineers to work with large sets of raw data.

To have a concept or to understand what data relates to what, it always goes around the particular subject that is called as data model. Because the business data is related to different domains is present in warehouse. An example of a subject may include sale area or total average sale of some item.

Supply Chain Management (SCM): In traditional functions of the business, the systematic and strategical coordination and implementation of these strategies within certain company business and with in the organization is referred as Supply Chain Management (SCM). Its main focus is improvement in functions of the management for long term organizations. The supply chain management information system is playing its vital role along with change in technology world. It helps in increasing the responsiveness in chain supply or to reduce the expenses in the organization. Avery crucial example here is Emerson. This is an international manufacturing organization of China. With the help of supply chain management information system, this organization has become successful.

Conclusion of the technology world:

In the current business environment, companies need to embrace the technology revolutions in order to avoid the loss of advantage over competitors. Decision support system help by proving the managers lower level of information and converting them into some useful information that can help in decision making. Cloud computing help in managing the data through internet. The demands are increasing on improvement in computing that is immediately switching the information technology. Database management system collect all the complex data and organize it. Enterprise data warehouse organize the data of warehouse and help the end user to utilize it easily. All this software is included in IS related solutions where we come to know that changing world of technology also require the company to change their methods of operating.

Reference of the technology world:

1.      James  M  Kaplan,  William  Forrest,  and  Noah  Kindler. Revolutionizing data center energy efficiency. Technical report, Technical report, McKinsey & Company, 2008.

2.      https://blog.ze.com/the-zema-solution/the-role-of-database-management-system-in-information-systems/

3.      Peter Mell and Tim Grance. Draft nist working definition of  cloud  computing.  Referenced  on  June.  3rd,  15:32, 2009.

4.      Daniel Atkins. Revolutionizing science and  engineering through  cyberinfrastructure:  Report  of  the  national science  foundation  blue-ribbon  advisory  panel  on cyberinfrastructure. 2003.