Chapter 1 – IT for Buisness and Buisness Professionals
➢ RIM (research in motion)
- Has 25 million users o By 2012 should be 60 million
➢ Organizations that ignore the impact of technology are basically risking their business o Internet took less than a decade to adopt unlike television which took many decades
➢ Moore’s Law o 1965, Gordon E. Moore, co-founder of INTEL o Moore’s Law states
• Computing power (as measured by the maximum number of transistors in an integrated circuit) roughly doubles every 18 months.
• Meaning that there is more performance because of the transistor counts and lower costs because there are more transistors into less space which reduces their cost and cost of products. o Lead to the introduction of the personal computer
➢ Information technology as a part of any Information System (IS) is a key enabler to all organizations
➢ Knowledge work, which involves the discovery, analysis, transformation, synthesis, and communication of data, information, and knowledge. Today it is impossible to do knowledge work without technology
➢ Information System (IS) o An organized collection of people, information, business processes, and information technology (IT), designed to transform inputs into outputs, in order to achieve a goal
• Ex. Web, online shopping, instant messaging, texting
➢ Difference between IS and IT o IT is a collection of tools – hardware, software and connectivity – that enable individuals or businesses to achieve their goals
➢ The Productivity Zone o IT is simply an enabler to achieve a goal o Productivity zone is created at the intersection of people, process and technology
• By applying equal weight to each element, businesses can obtain superior productivity and enhance competitive advantage
• ^ efficiency, ^profits o Internet
• Main reasons are communication, information and commerce
• Communication
• Increases business value o Newsgroups, chat rooms, bulletin boards, text