Answer:
1- Web 3.0 website is the general term given to a web of applications, which are built upon open
standards and provide an endless variety of new services, applications and interfaces. This allows
users to access data, documents and any other content that they want to explore in an easy, quick
and cost-effective way without the need to install additional software or interfaces. Any kind of user
can easily interact with it through different means like email, mobile devices or any other device that
is connected to a network. These Web 3.0 websites show users what applications are available for
them according to their interests.
For example, In MIS applications , Web 3.0 can be used for project management, real-time
monitoring, and system integration. Web 3.0 can provide instant updates, accessibility and full
integration among other applications to the end users. For instance, a company may have a planning
and scheduling application which helps in the production process or in logistics distribution, that can
be integrated to other applications such as ERP or financial accounting applications through a web
interface. For example, a company can integrate the demand planning or the production planning
application to ERP so that any changes in demand forecast will be reflected on financial accounting.
Any change in price level, quantity produced, sales or purchases of raw material will be reflected on
demand planning and scheduling.
Another example of MIS application in Web 3.0 can be in the field of marketing. Web 3.0 can help to
increase the efficiency and effectiveness of the marketing efforts through real-time monitoring of the
website, online advertising, social media and other channels that a company uses so that a better
analysis can be made. The website interface will help companies to monitor and analyze online
discussions, blogs or social media networking sites that all provide opinions about a company’s
product or services to determine which is most effective and efficient in meeting customer needs as
well as that which is less effective.
Another example of MIS in Web 3.0 can be in purchasing and supply chain management. As Web 3.0
provides integration and real-time updates, it can provide the right information at the right time for
the right users. This improves the performance of supply chains by aligning customer demand with
supply to reduce inventory and improve operational efficiency.
In addition, Web 3.0 will also provide an overview of an organization’s business processes, automate
workflows and integrate information from business systems such as ERP or CRM applications in one
place as well as provide user with new ways to access data. For example, an employee using a smart
tablet or phone can view all reports on his device, rather than searching for paper reports that were
stored in various locations around a facility before Web 3.0.
Thus, Web 3.0 can be used as a powerful tool to improve performance and effectiveness of MIS
applications through its flexibility and integration capabilities.
In general, MIS applications in Web 3.0 can help companies to maximize the competitive advantage
through an efficient use of information and communication technology so that MIS applications and
services to be delivered in a faster, easier, reliable and cost-effective way.