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Motivation of IT in business
In 2005, more wireless phone accounts were
opened than telephone land lines installed
More than 35 million people receive their news
online; 32 million read blogs worldwide.
Internet advertising continues to grow at more
than 30 percent per year
New laws require businesses to store more data
for longer periods
Changes in business result in changes in jobs and
careers
PRODUCTS
ORGANISATION
LABOUR
SERVICES
RAW
MATERIAL
BEHAVIORAL VIEW
q
q
q
VALUES
GROUP RELATIONS
STRUCTURE
TECHNICAL VIEW
USE OF IT IN BUSINESS
IT PERFORMANCE MODEL
Even after having for implementing ITPEFORMANCE MODEL There are some success
stories for this and some failure....
Success story.....
ERP INTRODUCTION
Its a multi module application software that support broad set of business activities, that
may include a combination any of these
Product development
Pre and post costing
Merchandising
Planning
Purchase
Inventory management
Production
Export
Finance and
Payroll
Features and Benefits
Effective monitoring operation of the company
Highly Flexibility
All users and organizational components integrated
Greater efficiency and perfomance
Margins &
Efficiency
Competition
pro
ces
tor
y
Consumer specific
requirements
Reg
ula
Ma
rke
t Co
mp
etit
ion
Efficiency
Aim : The basic need was to have a robust transaction management system and
an enterprise Wide platform to run the operations
Solution : SAP retail solution
Implemented by : SAP team with the help of Novasoft, Singapore
No. of users : Around 1200
Time taken : around six months
Cost of implementation : about $10 million
The system runs on HP super dome server on HP UNIX11i and database is from oracle
Implemented in three phases :
First Phase : Analyzing and drafting the current process
Second Phase : Development of SAP platform with Novasoft templates
WHY SAP
BENEFITS OF SAP
FINANCIAL AND STRATEGIC BENEFITS :
Greater business insights through more
accurate and timely financial information
Lower costs via convergence of financial
accounting and controlling
Enhanced data quality
Easier compliance with regulatory
requirements via the SAP parellel accounting
feature
Operational Benefits
Increased business transparency via drilldown
reporting capabilities
Real time, continuous reconciliation of cost
elements and expenses accounts
Ability to close books 15 to 20% faster
5 to 10% reduction in accounts receivable
Organizational benefits
Uniform organizational structure
Unified single platform and information
architecture
Integrated work environment provided an
enterprise wide view of the workflow
Improved management reporting and decision
making
Allowed integration with system of associates
and business partner
Helped in routine decision making
Allowed streamlining of business processes
What Is Square?
Product Offering
Mobile Payments
Eliminate the need
for cash
Improve credit card
processing
Square Register
Square Wallet
Business Side
Consumer Side
Management
Jack Dorsey
CEO, Founder
Twitter & Square
Key Numbers
Users
4m
Volume
Day: $41m
Year: $15b
Valuation
$3.25b
Competitive Advantage
Mobile Payment Space
Design-First Mentality
Superior User Experience
Strategic Partnerships
Weaknesses
Lack of customer service
capabilities
Higher fee structure by 1
basis point compared to next
competitor
Opportunities
Positive response on Square
product design
Cash-rich society leads to
significant amount of low
hanging fruit
Threats
Significantly fragmented market
leads to high level of competition
from PayPal and Rakuten
Failures of IT
Security breach
Complexity
Implementation Expenses
Job elimination
The Failure
The Failure
Takeaways.....
Information technology is the hardware
and software a business uses to achieve its
objectives
An information system consists of
components that support decision making and
control, and help with analysis, visualization,
and product creation
Information refers to data shaped into a
meaningful and useful form
Data are streams of raw facts representing
events and occurrences