ITM 102 Study Guide - Final Guide: Competitive Advantage, Data Quality, Time-Sharing

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Document Summary

Chapter 1 information systems in business today. Cloud computing computers on internet perform tasks instead of corporate computers. Big data look for insights in huge volume of data from web traffic + social media. Business intelligence applications analytics, real time performance information. Virtual meetings/telepresence (integrated audio/visual that allows person to be present at another location) Social business use social networking platforms and internal corporate social tools to deepen interactions. Telework work away from the office through internet and mobile devices. Co-creation of business value solutions, experiences, and global supply chains generate business value, customer interactions can help define new g+s. Outsourcing accelerates development of new information systems in canada. Reduces cultural advantage of countries and jobs go to lower-wage countries. Digital firm = where nearly all significant business relationships are digitally enabled and mediated, and core business processes are accomplished through digital networks spanning the entire org. or linking multiple orgs.

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