INFORMATION SYSTEMS IN GLOBAL BUSINESS TODAY By: Zeeshan A. Bhatti London2012 Olympics The Olympics 2012 www.London2012.com became the most popular sports website in the world. It had 38.3 billion page views, peaking at 96,871 page views per second Some 1.2 PetaBytes of data were transferred over the website, with a peak of rate of 22.8 Gbits/s. On the busiest day there were 13.1million unique visitors More tweets in one single day of London2012 than entire tweets of Beijing2008 During the Games, the Olympic network which connects 94 locations (including 34 competition venues) carried 961 TerraBytes of information The BBC saw 12 million requests for video on mobile across the whole of the Games Daily video traffic over BT’s (British Telecom) retail broadband network increased on average by 19% Around 13.2 million minutes (or 220,000 hours) of BT Wi-fi were used across the Olympic Park venues So How IS are transforming Business Massive spending by companies CellPhones, Smartphones, PCs, Tablets More cellular connections than Landlines 58% of Americans use cell phone for activities other than voice call Credit cards, Debit cards, Google Wallet etc. Shipping Companies e.g., Maps, Texting, Facebook, Camera, Video etcc. Online Shopping Specially in developing countries, Why?? UPS (United Parcel Services) moved 3.7 Billion packages across the globe due to their online system How about Newspaper?? …. Ipad?? VIDEO IT Capital Investment A look at the Modern College Student What’s new in MIS? Its not just about Personal Computing… In this course we will talk about How Organizations make use of IT to get benefits Marketing HR Finance Decision Making ERPs etc. In the technology area there are three interrelated changes: the emerging mobile digital platform, the growth of online software as a service, and the growth in cloud computing where more and more business software runs over the Internet. What’s new in MIS A Flattened World? Internet and global communications had greatly reduced the economic and cultural advantages of developed countries This “globalization” presents both challenges and opportunities for business firms In 2010, more than 33 percent of the U.S. economy resulted from foreign trade, both imports and exports. In Europe and Asia, the number exceeded 50 percent Not just the goods move across the border but JOBS as well – Offshoring Jobs Pros/ Cons?? What does globalization have to do with management information systems? Communication between a factory floor in Shanghai and a distribution center in Rapid Falls, South Dakota, is now instant and virtually free Customers now can shop in a worldwide-marketplace, obtaining price and quality information reliably 24 hours a day. Companies like Google and EBay can replicate their business models in multiple countries with no cost The Digital Firm A digital firm is one in which nearly all of the organization’s significant business relationships with customers, suppliers, and employees are digitally enabled and mediated Business processes refer to the set of logically related tasks and behaviors that organizations develop over time to produce specific business results and the unique manner in which these activities are organized and coordinated The Digital Firm (Cont’d..) Key corporate assets— intellectual property, core competencies, and financial and human assets — are managed through digital means available at any time and anywhere in the firm In Digital Firm, Space Shifting and Time Shifting are norms Time shifting refers to business being conducted continuously, 24/7, rather than in narrow “work day” time bands of 9 A.M. to 5 P.M. Space shifting means that work takes place in a global workshop, as well as within national boundaries.