ITM 102 Chapter Notes - Chapter 3: Online Service Provider, Application Service Provider, Outsourcing
28 Jun 2018
School
Department
Course
Professor
ITM 102
Chapter 3 - e-business
Advantages: low start up costs, low operating costs, sell products world wide, no
rent
Reduced costs, improving operations, improving effectiveness, interactivity
metrics
Disruptive technology: new way of doing business, (causing “ripples” in the
market, i.e. release of amazon)
Opens new markets and destroys old ones
Sustainable technology: products/ways of doing business that have been around
for a long time and cannot be easily replaced (i.e. agriculture)
Better, faster, cheaper products
E-business models examples: autotrader.ca (business to consumer) service Canada
online (government)
Digital Darwinism: organizations that cannot adapt to the new demands, cannot
survive
Digital Divide: occurs when those with access to technology have greater
advantages over those without
Web 2.0: a set of economic, social and technology trends that collectively form the
basis for the next generation of the Internet
The internet’s impact of info:
Easy to compile
Increased richness
Increased reach
Improved content
Easy to reach customers quickly
Mash-up: application that uses content from more than one source to create a
completely new product or service
Application programming interface (API): a set of routines, protocols and
tools for building software applications
Web 3.0: intelligent web applications using natural language processing, machine-
based learning and reasoning
The systematic web is an evolving extensions of the WWW in which web
content can be expressed in natural language, or formats read/used by
software agents
Web 3.0
Transforming the Web into a database
find more resources at oneclass.com
find more resources at oneclass.com
Document Summary
Advantages: low start up costs, low operating costs, sell products world wide, no rent. Reduced costs, improving operations, improving effectiveness, interactivity metrics. Disruptive technology: new way of doing business, (causing ripples in the market, i. e. release of amazon) Opens new markets and destroys old ones. Sustainable technology: products/ways of doing business that have been around for a long time and cannot be easily replaced (i. e. agriculture) E-business models examples: autotrader. ca (business to consumer) service canada online (government) Digital darwinism: organizations that cannot adapt to the new demands, cannot survive. Digital divide: occurs when those with access to technology have greater advantages over those without. Web 2. 0: a set of economic, social and technology trends that collectively form the basis for the next generation of the internet. Mash-up: application that uses content from more than one source to create a completely new product or service. Application programming interface (api): a set of routines, protocols and tools for building software applications.
