RSM100Y1 Lecture Notes - Lecture 5: Pierre Omidyar, Collaborative Software, Travelocity
Document Summary
Rsm100 03/18 lecture notes Evolution of technology in business organizations: late 80"s business technology, mid 90"s information technology, present knowledge technology. Technology is both a cause of, and provides solutions for infoglut. Solutions for infoglut: software-as-a-service (saas) & cloud computing. Files are synced to the cloud; no need to carry files with you anymore: mobility of workers. If something goes wrong, it can be quickly fixed: data mining. Data mining software uncovers previously unknown patterns, or relationships, within large sets of electronic data. Sell beer and diapers together since people buy beer always buy diapers. Credit card fraud detection definitely isn"t a myth : groupware. Is having an increasingly profound effect on teamwork makes it possible for groups to work together on projects across different time zone, brining together teams for long-term or short-term engagements. Example: dropbox, box, icloud etc: online meeting rooms. Avoid cost and required time involved with travel for routine meeting.