ONLINE SYSTEM
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Outline
Online Application
Online catalogs
Online banks
Online education
Online auction
Online security
Online investment
Stock trading
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Definition
Systems where the input data
enter the computer directly from
the point of origin (usually a
terminal or workstation) and/or in
which output data are transmitted
directly to that terminal point of
origin. (Sippl, Computer
Dictionary, 4th ed).
What is an online Application Software
graphics
Application software is a type of computer
program that performs a specific personal,
educational, and business function.
Each program is designed to assist the user with
a particular process, which may be related to
productivity, creativity, and/or communication
Household,
education
and
business
communica
tion
Application software types
examples
Multimedia software
Real Player, Media Player
Enterprise software
Customer relationship management system
Presentation software
Microsoft Power Point, Keynotes
Information worker software
Documentation tools, resource management tools
Educational software
Dictionaries: Encarta, BritannicaMathematical:
MATLABOthers: Google Earth, NASA World Wind
Database software
Oracle, MS Access etc
word-processing software
MS Word, WordPad and Notepad
ONLINE APPLICATION
MAIN OBJECTIVE:
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Application software includes variety of programs that can be subdivided into
general purpose and function specific application categories, general purpose
application program perform common information processing job for end user.(
e.g. word-processing , spreadsheet, database management.
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These business applications are used to increase productivity, to measure
productivity and to perform other business functions accurately.
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Application software is distinct from system software, which refers to the
software that actually keeps the systems running such as the operating system,
computational science software, game engines, industrial automation, and
software as a service applications.
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Business application software is a subset of the application software. These
programs are built to facilitate certain business functions, improving the accuracy,
efficiency, and effectiveness of operations. ( e.g. enterprise resource planning,
customer relationship management and database. )
What is an online catalogs
An electronic catalog is a supplement, or in
some cases, a replacement for the traditional
printed catalog where buyers can view a
company’s entire product line
It’s the strategic process of managing your
e-Commerce product catalog to ensure the quality
of your product data across all sales channels.
E-Commerce catalog management seems simple
enough. You just have to maintain a single catalog
of all the products you sell online.
It includes how merchants organize, standardize,
and publish their product data to each sales
channel.
ONLINE CATALOG
MAIN OBJECTIVE:
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Catalogs have been a key element for B2B and B2C businesses for over a century.
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B2B companies have a really extensive product portfolios, resulting in a large
number of catalogs. As an example:Shopify offers a comprehensive solution that
can update all aspects of your website from within the Shopify admin client. You
can also easily set up a Shopify business under your own domain name, or host
on the Shopify servers.
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It's crucial for your ecommerce system to include helpful and effective systems
like product catalog systems as well as shopping carts if you want to continually
influence visitors to purchase your products.
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With multi-store system for product catalogs, you will be better equipped to
easily manage several stores at once and create and update them quickly
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Establish intimate relationships with your clients
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Upgrade your publication to become a marketplace.
WHAT IS ONLINE BANKING
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Online banking allows a user to conduct financial transactions via the
Internet.
Online banking is also known as Internet banking or web banking.
Online banking offers customers almost every service traditionally
available through a local branch including deposits, transfers, and online
bill payments.
every banking institution has some form of online banking, available
both on desktop versions and through mobile apps.
Consumers aren't required to visit a bank branch in order to complete
most of their basic banking transactions.
A customer needs a device, an Internet connection, and a bank card to
register. Once registered, the consumer sets up a password to begin
using the service.
ONLINE BANKS
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Check balances on accounts and view records of your transactions.
Pay bills automatically each month with easy-to-set-up auto payment.
Transfer funds between accounts.
Download or print statements for your tax or personal records.
Access your account 24/7.
Online banking allows you to access your account history and transactions
from anywhere.
WHAT IS ONLINE EDUCATION
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Online education is a type of educational instruction that
is delivered via the internet to students using their home
computers.
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online degree programs and courses are offered via the
host school's online learning platform, although some
are delivered using alternative technologies.
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An online education is preferred by individuals who may
not be able to make it for classes in a traditional brick
and mortar kind of college due to various reasons.
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Online education can take many forms, such as:
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Administering Homeschooling Through Online Education
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Attending Fully Online Schools and Colleges
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Massive Open Online Courses (MOOCs)
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Using Maker spaces and Other Collaborative
Environments for Project-based Learning
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Using Online Access in a Traditional Classroom Setting
BENEFITS OF ONLINE EDUCATION
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Online education is administrated through a wide variety
of models. These include:
Pre-recorded Video Lectures
Social Media Outlets
Student Chat Boards
Video-conferencing
Virtual Blackboards
It has created opportunities for many students who, until
recently, were not able to access courses, earn degrees,
or balance their studies with their personal
responsibilities.
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The web-mediated nature of online colleges allows
for instruction and interaction that is
both synchronous (live online lectures, live chats, etc.)
and asynchronous (lecture podcasts, bulletin boards,
email exchanges).
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Reduced Costs. Online education can cost less due to
a variety of reasons
WHAT IS ONLINE AUCTION
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An online auction project that holds online
auctions of various products on a website and
serves sellers and bidders accordingly.
The system is designed to allow users to set up
their products for auctions and bidders to register
and bid for various products available for bidding.
Online Auction or the E auction system project
consists of the following parts:
Bidder Login: Here the buyer or the product
bidder can see a list of products up for bidding
and place his/her bid on the product.
Seller Login: This is the seller module where the
seller posts a product up for auctions.
Admin Login: This module is for the administrator
who may delete fake or unwanted ads.
Report generation: Admin gets a report whenever
wanted stating various products up for bidding
and various users registered on the website.
SMS notification: Auction winners and losers get
an sms notification whether they won or lost the
bid.
MAIN FEATURES
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auction mechanism can provide an optimal response ranking,
which is the response order of requests from clients.
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Auction marketplace is a great tool to accelerate online sales.
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Merchant will get a well-managed process to increase its brand
awareness globally.
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Store merchants can increase their reach & generate revenue.
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Auction process brings genuine buyers to a point of decision.
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You as a merchant can eliminate the lookers who are actually
not willing to buy products at all.
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Sellers on the marketplace can get their profit separately on
each product sold via auction.
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Also, Sellers will meet potential customers.
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Sellers can create awareness among their buyers related to
their products.
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Sellers will get to know about products that are on high
demand in the market.
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There will be flexibility in setting the price for products set to
auction.
EXAMPLES OF ONLINE AUCTION
Webstore.
 eCrater. eCrater is an
ecommerce site which allows anyone to
set up an online store and hold online
auctions if they so choose.
 Listia.
 Ubid.
 Bonanza.
 OnlineAuction.com.
 Atomic Mall. .
 Ebid.
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WHAT IS AN ONLINE SECURITY
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The internet offers access to a world of products and services,
entertainment and information. At the same time, it creates
opportunities for scammers, hackers, and identity thieves. so staying
safe on internet is concluded as online security
Online security can be something as complex as a system that’s
designed to prevent credit card theft, or something as simple as you
using an antivirus software to protect your device from malware and
viruses
Types of online security threats:
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Malware, worms and spam
Phishing
Botnet
Many internet service providers offer their own additional
levels of web protection. Check first to find out what yours
offers, then you may want to opt into additional layers of
security.
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AT&T ConnecTech Support Plus, for one, identifies and
removes viruses and malware and offers up chat options with
agents to get to the bottom of other security-related issues.
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Verizon Internet Security Suite offers a robust array of
services, from McAfee Active Protection (against malicious
threats), real-time protection against virus attacks, secure
firewall protection and even parental controls — for all
devices using Verizon’s service.
TYPES OF ONLINE SECURITY SYSTEM FOR BUSINESS
Different Types of Cyber Security Solutions;
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Identity and Access Management (IAM). Authentication services are critical for identifying and
controlling user roles. By limiting and tracking employee access, you can ensure that potentially
malicious users don't gain access to your computer systems.
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Risk and Compliance Management: Companies today need to concern themselves with regulatory
compliance, risk management, and security auditing
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Encryption: Encrypted data is protected data. Even if encrypted data is stolen, it cannot be
accessed. Encrypting data when it is being transferred is especially important, as otherwise it
might be stolen while in transit.
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Data Loss Prevention (DLP):. Most companies today rely upon their data for their critical operations
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Unified Threat Management (UTM): A UTM solution often encompasses multiple of the above and
below solutions, in a single all-around resource that is designed to both detect and mitigate
threats as they come in.
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Firewall: Firewalls control incoming and outgoing connections, to better protect the network from
potentially malicious actions.
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Antivirus/antimalware solutions: Antivirus and antimalware solutions scan a computer system
looking for known threats.
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Intrusion Detection System (IDS)/Intrusion Prevention System (IPS): These systems work to identify
any potentially hostile actions. The faster a company can identify these issues, the faster it can
react to them.
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Disaster Recovery: Companies have to be able to recover from a disaster quickly.
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Distributed Denial of Service (DDoS) mitigation: A DDoS attack remains one of the most popular
and devastating attacks on an enterprise, potentially disrupting its entire network or taking down
its website. Advanced security solutions can now detect and mitigate DDoS attacks.
WHAT IS ONLINE INVESTMENT
Online investing is a method of trading in the
financial market by placing orders for buying or
selling the securities through the Internet.
 The conventional method of trading by placing orders
through a broker has changed because Internet
investing is so simple and easy to do
 Online investing is very simple to execute but the first
step is to opt for a reliable online brokerage.
Advantages of investing online:
 Anyone can have a complete hold on investments
even through smartphone
 You can stay connected with the market always as
investing in the stocks requires constant monitoring
of the stock market.
 Trading in the stock market has become less time
consuming these days as you can trade all by yourself
without the assistance of a broker by means of online
trading. Just like shopping for groceries online, you
can buy and sell stocks online.
 need not be an expert to begin online trading as
these trading platforms are user friendly and do not
necessitate any special learning.
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BENEFITS OF INVESTING ONLINE
You can get access to top research
recommendations, reports, analysis on stock price
based on various charts.
Monitor investment at all times:
It allows you to have complete control over your
portfolio
Options For Investing Online
When you’re just starting with investing online, you have
quite a few options.
 Online Brokerages
 mutual funds
Robo-Advisors: ask you few question to
determine risk.
 Non-Traditional
Online investing can involve things like REITs (real
estate investment trusts) or loan making (where
you receive interest payments). Sites like Fundrise
and LendingClub allow you to invest using peer-topeer technology.
WHAT IS STOCK TRADING
The stock market refers to public markets that exist for issuing, buying, and
selling stocks that trade on a stock exchange or over-the-counter.
 Stocks, also known as equities, represent fractional ownership in a company, and
the stock market is a place where investors can buy and sell ownership of
such investible assets.
 The first is to provide capital to companies that they can use to fund and expand
their businesses.
 If you're interested in stock trading and you want to buy or sell shares of foreign
companies then do consider stock trading platforms. e.g.(pakistan stock
exchange or consider online broker to trade)
Trading Platform
 Any online broker needs to have an online trading platform so you can place
orders on the PSX, PMEX or other exchanges
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STOCK EXCHANGE WITH FEATURES
What is a Stock Exchange?
 Stock exchanges are secondary markets, where existing owners of
shares can transact with potential buyers
How Share Prices Are Set
 The prices of shares on a stock market can be set in a number of
ways, but most the most common way is through an auction process
where buyers and sellers place bids and offers to buy or sell.
Two Basic Methods of stock trading
 There are two basic ways exchanges execute a trade: On the
exchange floor or electronically.
THE END