Information Systems in
Organizations
3.2 Systems Management
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Wikipedia: Systems Development
Lifecycle
• What are 3 key points from this reading?
• What are 3 important details from this reading?
Students will be called upon at random
Testing
Waterfall
Maintenance
Design
Requirements
Go Live
What is the Systems
Development Life Cycle (SDLC)?
Analysis
Coding
Buy vs. Build
Training
Agile
This is where we
collect requirements
Build vs. Buy
Maintenance
Testing
Go Live
Training
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Build vs. Buy: How to Know When You
Should Build Custom Software Over
Canned Solutions
• What are 3 key points from this reading?
• What are 3 important details from this reading?
Students will be called upon at random
What is better, to buy solutions
off the shelf or build your own
solution?
How does this impact the SDLC?
The Information Age
Redefining the Rules of Business
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What We Know, Now, About the
Internet’s Disruptive Power
• What are 3 key points from this reading?
• What are 3 important details from this reading?
Students will be called upon at random
The disruptive Power of the Internet
How has the internet changed the way business operates?
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How we market products and services
How we process payment
How we discover new prospects
Virtual reality driven businesses
New opportunities for crime
How has the photographic equipment
industry been distrupted?
?
Effects of the Internet
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Increase in competition
Decrease in margins
Increase in caliber and quality
Increase in rate of change
Reach vs. Richness
Richness
Reach vs. Richness
Reach
Since the Internet
Before the Internet
What is the value of IT projects?
• Often intangible and difficult to measure
• Main objectives are to reduce labor costs or
gain new business
• ROI using NPV calculation
• Balanced Score Card (BSC)
• Causal Loop Diagram
Compliance Considerations
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Sarbanes-Oxley
HIPPA
HITECH
FDA
CMS
Safe Harbor Agreement
Sarbanes-Oxley (2002)
• Enacted in response to major accounting scandals
involving Enron and WorldCom
• Designed to prevent accounting fraud, increase
corporate transparency, eliminate conflicts of
interest, and protect whistle-blowers
• Has major impact on ERP systems and business
software
Sarbanes-Oxley (2002)
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Public Company Accounting Oversight Board (PCAOB)
Auditor Independence
Corporate Responsibility
Enhanced Financial Disclosures
Analyst Conflicts of Interest
Studies and Reports
Corporate and Criminal Fraud Accountability
White Collar Crime Penalty Enhancement
Corporate Tax Returns (CEO)
Corporate Fraud Accountability
HIPPA (1996)
• Title I: Health Care Access, Portability, and Renewability
• Title II: Preventing Health Care Fraud and Abuse;
Administrative Simplification; Medical Liability Reform
• HIPAA Privacy Rule (2003)
• Transactions and Code Sets Rule
• Security Rule
• Unique Identifiers Rule (National Provider Identifier)
• Enforcement Rule
HITECH Act (2009)
• Health Information Technology for Economic
and Clinical Health Act
• "the most important piece of health care
legislation to be passed in the last 20 to 30
years”
• "foundation for health care reform”
• Electronic Health Record (EHR)
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CEA’s 5 Tech Trends for 2015: From Big
Entertainment to Small Business
• What are 3 key points from this reading?
• What are 3 important details from this reading?
Students will be called upon at random
Trends in Technology
The Consumer Electronics
Association (CEA) has announced its
5 Technology Trends to Watch for 2015
Big Data
Big Data
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Insurance underwriting based on monitoring
Credit rating based on indicators
Purchase habits
iBeacon – shopping behavior
How we talk it (plain English, please!)
Unstructured data
So many sources
Big Data: Analytics
^ Click image to watch video
Big Data: Analytics
If Muhammed will not go to the
mountain, the mountain will go to
Muhammed.
Bring the processors to the data instead of bringing the data to the
processors.
Big Data: Analytics
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Parallel Processing
ETL (Extract, Load, Transform)
Evolution of data generation
MapReduce
Employees,
Companies
Consumers,
Web 2.0
• Social
• Mobile
• Weblog
Machinegenerated
• Sensors
• Monitors
• Satellite
?
Robotics
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Autonomous cars
Drones
Cleaning robots (Roomba)
MobileEye
Automated pet care
Lawn and garden robots
Robots for child care?
Roads? Where
we’re going, we
don’t need roads.
Digital Health & Self Monitoring
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FitBit
Apple Watch
Insulin pump
Seizure-monitoring app
Entertainment, Gaming, & Immersion
• D-Box entertainment theatres simulate motion & feel
• Guitammer Company and ESPN2 broadcast in 4D
– Simulate feel, look, sound, and vibration of the experience
– Experience the game from the player’s perspective
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Kinect
Wii
Project Holodeck
Oculus Rift virtual reality
^ Click image to view link
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Leagues see real benefits in daily
fantasy sports
• What are 3 key points from this reading?
• What are 3 important details from this reading?
Students will be called upon at random
Fantasy Sports
Great for:
• Live viewership
• Advertising
• Content Providers
• Real money in
imaginary games
Business Innovation
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Scalability
Lower barriers of entry
Lower switching costs
Network effect
Increasing returns to scale
Shift to services
– Think of SaaS
– Software > hardware
• Multi-sided platforms
– Uber
– App Dev
• Big companies need to think
about how they innovate
– Alphabet as an example
– Open Innovation as a model
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Hidden in the long tail
• What are 3 key points from this reading?
• What are 3 important details from this reading?
Students will be called upon at random