logo

Information Technology for Business

   

Added on  2020-03-04

8 Pages1787 Words333 Views
Informatics and Financial ApplicationsThe Retail IndustryInformatics and Financial Applications[Name of Course][Assignment][Name][Name][Student Name]
Information Technology for Business_1
Informatics and Financial ApplicationsThe Retail IndustryExecutive SummaryInformation system (IS), a key component of information technology (IT) has drasticallychanged the way of doing business. Today’s businesses are set up on a solid foundation oftechnological systems that analyse and report the best business decisions based on the dataobtained. In the future, IS are set to experience a major boost owing to the technologicaladvances seen in the digital environment where virtualization, led by cloud computing andother technologies are being incorporated into businesses. In itself, cloud computingintroduces a new paradigm or environment for conducting business by sharing IT resourcesamong many users. Moreover, it enhances the delivery of services by connecting manycustomers to centrally located businesses. Now, this report assesses the impact of ISespecially decisions support systems in the retail industry. In addition to this, the report alsooutlines the opportunities that are introduced by cloud computing in the same industry. In all,this report gives an account of the use of financial applications and systems in the retailindustry.Keywords: Decision support system (DSS), Information system (IS), Cloud computing (CC)[Name][Student Name]ii
Information Technology for Business_2
Informatics and Financial ApplicationsThe Retail IndustryTable of ContentsContent PagesIntroduction..............................................................................................................................1Decision support system and retail business..........................................................................1Cloud computing and retail business.....................................................................................3Conclusion.................................................................................................................................4References..................................................................................................................................5Table of FiguresFigure 1: A decision support system overview structure...........................................................2Figure 2: Traditional Vs. cloud supported stores (Online) .......................................................4[Name][Student Number]iii
Information Technology for Business_3

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Retail Industry Informatics and Financial Applications
|8
|1597
|402

ACC508 - Informatics and Financial Applications
|8
|1605
|84

ACC508 - Informatics and Financial Applications Assignment
|14
|1672
|89

Cloud Computing in Retail Business
|5
|208
|308

HI6008 - Application Of DSS & Cloud Computing - Assignment
|13
|2283
|118

Support System in Commonwealth Bank Industry
|10
|1326
|35