Assignment On Global Information Systems Strategy

Running head: UUIS8000 GLOBAL INFORMATION SYSTEMS STRATEGY
UUIS8000 GLOBAL INFORMATION SYSTEMS STRATEGY
Name of student
Name of university
Author’s note:

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UUIS8000 GLOBAL INFORMATION SYSTEMS STRATEGY
Table of Contents
Introduction....................................................................................................................2
IT infrastructure and emerging technologies.................................................................2
2.1 Current IT infrastructure......................................................................................2
2.2 Issues and challenges in managing the IT infrastructure.....................................4
2.3 Emerging strategies..............................................................................................5
Big data- background and the recommended strategy...................................................6
3.1 Overview of big data............................................................................................6
Potential of big data...................................................................................................7
Utilisation of big data by businesses..........................................................................8
Business opportunities and benefits of big data.........................................................8
Drawbacks and problems of big data.........................................................................9
Future of big data.....................................................................................................11
3.2 Recommendation....................................................................................................12
Conclusion....................................................................................................................13

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UUIS8000 GLOBAL INFORMATION SYSTEMS STRATEGY
Introduction
The chosen organisation is the Australia and the New Zealand banking group limited,
popularly known as the ANZ, which is the Australian multinational banking and the financial
services company that has been headquartered in the city of Melbourne, Australia. It has been
considered as the second largest bank by the assets along with the third largest bank by
considering the market capitalisation in the Australia. This report intends to analyse the
present structure of the company and then recommend the most suitable strategy for
implementing the big data technology in the organisation. The company provides the banking
services to the common people and help them securely maintain their money. The business
strategy of the bank is providing the people with the most improved and enhanced services
that could be effectively used by the people.
In the present times, the introduction of the Big data technology has helped the
companies and major businesses with managing their data and generate better informed
decisions for the future. The term big data could be described as the collection of huge
amount of data and yet it is growing exponentially with time. In short, these kind of data is so
complex and large that there are no conventional data management tools are able to store or
even process this data effectively.
URL of homepage: https://www.anz.com.au/personal/
IT infrastructure and emerging technologies
2.1 Current IT infrastructure.
The present IT infrastructure of the bank is able to provide the people with services
that are required by the customers but there are several issues raised by the people that are
required to be solved. The technology initiatives of the bank are presently extensively

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UUIS8000 GLOBAL INFORMATION SYSTEMS STRATEGY
focussed on the customers (Chuang and Hu 2015). The Business transformation programme
including the technology is being introduced by this bank with the view of providing the
customers, significantly convenience banking on almost 24x7 in New Zealand and Australia
with the deployment of the single core platform of banking solutions across the globe with
the combined delivery channels such as the ATM, Internet, mobile, phone and the Kiosk
(Read 2018).
As compared to the banks in the present business world, the technology of this bank is
mainly not restricted to solely the core banking solution (Kamber, Nodari and Wong 2016). It
also covers the other applications such as the Enterprise wide General ledger, the risk
management, the anti-money laundering, the cheque truncation, mutual funds, credit cards,
data warehousing, RTGS, customer relationship management, human resource management
system, internet payment gateway, global treasury, employee payroll, mobile banking, cash
management, SMS delivery, phone banking, retail depository, knowledge management and
the risk management that have been extensively integrated that allows providing the seamless
experience to the customers of all the sectors and the lines of any business (Li, Tripe and
Malone 2017). These application also offer the critical MIS using the data warehouse for the
time business decisions (Sharma, Gounder and Xiang 2015). The ANZ bank could be
observed as among the few banks having the internet payment gateway providing the E-
commerce services (Lu et al. 2019). This bank has been able to successfully implement the
feature of internet banking facility for the common people that could be used by the common
people for making the transactions on the internet platform. With the implementation of this
platform, the customers now have facility of paying both indirect and the direct taxes online,
make the payment of the utility bills, the insurance premiums and also book any kind of
railway tickets. The corporate provides the facility of the direct salary uploads. The internet
banking is also launched by this bank in majority of the overseas territories.