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Data Driven Management

   

Added on  2022-11-26

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Data Driven Management 1
Data Driven Management
Name
Course
Tutor
University
Date
Data Driven Management_1

Data Driven Management 2
Week 1/2
Digital Solutions is a data driven company that offers technological solutions to create
modern cities. The headquarters of the company is located in Sydney, Australia. The company
will be providing services that target urban planners, jurisdictions, non-governmental
organization and environmental analysts to implement data driven conversations which will play
a crucial role in developing sustainable, resilient and equitable communities. Digital solutions
rely on sufficient knowledge with respect to interactions between planning and residential
locations as well as fiscal public health and environmental challenges that face communities
(Rabari and Storper 2014).
Our services are structured to address these challenges through proven methodologies for
cities, regions and urban planning institutions. Our solutions are structured to mimic real-life
scenarios that urban planners face on a daily basis. Based on our experience in offering planning
solutions for complex projects. Our combined knowledge and proven strategies along with data
analytics has enabled us to develop software that assist in increasing efficiency.
We understand the pressure mounted on planners, municipalities and environmental
agencies. As a result, we set out to streamline the process for relevant stakeholders to access new
opportunities, consolidate and utilize quality data and communicate effectively to concerned
parties.
The information system at our disposal is a management information system that is
structured to gather relevant data from a wide range of sources that can be complied to provide a
readable format. The management system plays a crucial role in assisting us to create reports and
offer a comprehensive overview of information that is significant in facilitating decision making
Data Driven Management_2

Data Driven Management 3
process. Among other benefits that the system provided include collecting business information
as well as facilitating collaboration and communications (Kitchin 2015).
Emerging capabilities with respect to management information systems include
enhancing competitive position of the organization. Also, it aims at increasing productivity by
lowering the cost of units. As well, it plays a crucial role in improving services that lead to
higher customer satisfaction. Rapid advancement in technology suggest that efficiency will be
increased thus improving the decision making capabilities. The management information system
will be structured to respond faster to demands of the marketplace. In addition, the system will
improve its ability to communicate and collaborate with other stakeholders as well as enhance
goodwill of employees.
Week 3/4
Internet of things
Internet of things refers to the connection of devices through the internet to facilitate
information access. These devices are connected in order to interact and communicate to each
other over the internet. Today, internet of things has evolved to include, real-time analytics,
machine learning, commodity sensors and embedded systems (Al-Fuqaha et al 2015. This
emerging trend will play a crucial role in the business by providing high-quality and reliable data
as well as offering decision analytics to improve customer experience. This aspect will solve
problems of different nature including sharing relevant information at the right time. In this
regard, roads will send information about accidents to local hospitals which can send medical aid
using a drones. Among other problems it will address include parking spaces and determining
location of a damaged pipes.
Data Driven Management_3

Data Driven Management 4
Virtual reality
Virtual reality refers to an experience that is simulated by computers to mimic real world.
This concept will play a crucial role in our firm by enabling us to use computer technology to
create three-dimensional representation of the real world which we can manipulate and explore
to find more information to make decision involving our real world (Wexelblat 2014). This
concept will be beneficial in reducing risk, making improvements, enhance productivity,
planning and facilitate training and education.
Augmented reality
This refers to an interactive experience of the real world through computer generated
perceptual information. Augmented reality is often characterized with influencing multiple
sensory modalities. This concept will be beneficial to our business because it influences various
fields within our society. For instance, it will assist the military to create digitally enhanced
training missions (Billinghurst, Clark and Lee 2015). Besides, it will be significant in enabling
processing of data at incredible speeds. Moreover, augmented reality is beneficial in many fields
such as retail where it can play a crucial role in influencing experience both offline and online as
well as creating virtual fitting rooms. It can help managers to monitor progress in manufacturing
in real time which can save time as opposed to relying on digital maps and plants.
Week 5/6
Did you know? Digital Solutions offers services to assist urban planners, non-
governmental organizations and environmental analysts to implements data-driven engagement
in order to structure equitable communities, resilient and sustainability. Each decision
Data Driven Management_4

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