Internet of things in healthcare: applications, benefits, and challenges
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AI Summary
This article discusses the application of the internet of things in health care service, mainly the automation of the different processes related to health care, real-time monitoring of the patient's condition, and the collection and transformation of health-related data. The data can be stored in the cloud storage, which will help to reduce the cost of collecting and the storage of data for the health providers. The main purpose of choosing this article is that the discussion points out possible application of IoT in the health care sector along with the benefits that can help patients to get instant services from health care providers.
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COIT 20246 ASSIGNMENT SUBMISSION
Due date: Thursday Week 11 (2PM AEST)
Part: Written Assessment
Weighting: 30% of total assessment.
Submission: Electronic (see unit website for details)
Instructions
It will be necessary to use literature/online resources to complete this
assignment, please ensure you cite and reference any such materials using
the Harvard format.
DO NOT copy content directly from either the text or Internet resources: this
assignment is to be in your own words. You will lose marks if you do not
use your own words!
Please complete your assignment using this submission template file,
inserting your responses where indicated.
DO NOT delete the marking criteria page – changes are permitted to the
formatting of other pages including the headers and footers.
Please fill in the following details:
Student Name
Student Number
Due date: Thursday Week 11 (2PM AEST)
Part: Written Assessment
Weighting: 30% of total assessment.
Submission: Electronic (see unit website for details)
Instructions
It will be necessary to use literature/online resources to complete this
assignment, please ensure you cite and reference any such materials using
the Harvard format.
DO NOT copy content directly from either the text or Internet resources: this
assignment is to be in your own words. You will lose marks if you do not
use your own words!
Please complete your assignment using this submission template file,
inserting your responses where indicated.
DO NOT delete the marking criteria page – changes are permitted to the
formatting of other pages including the headers and footers.
Please fill in the following details:
Student Name
Student Number
Secure Best Marks with AI Grader
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Tasks
There are ten (10) tasks, one for each week: the tasks are detailed below. There is a
table to complete for each task. Please fill in the information required. An example
of a completed task is below. Note the first response is good – so aim for something
like this. The second response is not acceptable, so if you submit anything like it, you
won’t pass the assignment! The reasons? Poor resource selection (Wikipedia), no
Harvard reference and a block cut and paste from the site (no citation, no original
content).
Example
Task Find two resources that explain aspects of IT Service
Management.
(Good
Respons
e)
Title and Reference:
COBIT versus ITIL
Ibaraki, S 2014, online, COBIT versus ITIL, viewed 29/01/2015,
<http://blogs.technet.com/b/cdnitmanagers/archive/2014/04/06/cobit-
versus-itil.aspx>.
Summary:
This resource is a blog entry discussing the differences between
CoBIT and ITIL. I chose this resource as there is a lot of confusion
about the way in which ITSM is applied and the distinction between
the CoBIT and ITIL implementations is frequently unclear. Ibaraki
There are ten (10) tasks, one for each week: the tasks are detailed below. There is a
table to complete for each task. Please fill in the information required. An example
of a completed task is below. Note the first response is good – so aim for something
like this. The second response is not acceptable, so if you submit anything like it, you
won’t pass the assignment! The reasons? Poor resource selection (Wikipedia), no
Harvard reference and a block cut and paste from the site (no citation, no original
content).
Example
Task Find two resources that explain aspects of IT Service
Management.
(Good
Respons
e)
Title and Reference:
COBIT versus ITIL
Ibaraki, S 2014, online, COBIT versus ITIL, viewed 29/01/2015,
<http://blogs.technet.com/b/cdnitmanagers/archive/2014/04/06/cobit-
versus-itil.aspx>.
Summary:
This resource is a blog entry discussing the differences between
CoBIT and ITIL. I chose this resource as there is a lot of confusion
about the way in which ITSM is applied and the distinction between
the CoBIT and ITIL implementations is frequently unclear. Ibaraki
explains that CoBIT provides the governance and metric structures
while ITIL delivers on the actual mechanics and “how-to” processes.
The author makes an interesting observation that it is wrong to
simplify COBIT as providing the ‘why’ and ITIL providing the ‘how’
because both ITSM mechanisms have considerable overlap and
both need to be used at the same time. I found this article very
useful in explaining the differences and similarities between these
two aspects of ITSM.
(Bad
Respons
e)
Title and Reference:
http://en.wikipedia.org/wiki/IT_service_management
Summary:
This pages talks about ITSM. It says that IT service
management (ITSM) refers to the entirety of activities – directed
by policies, organized and structured in processes and
supporting procedures – that are performed by an organization or
part of an organization to plan, deliver, operate and control IT
services offered to customers. It is thus concerned with the
implementation of quality IT services that meet the needs of
customers, and is performed by the IT service provider through an
appropriate mix of people, process and information technology.
Note: Each resource summary should be around 200-300 words.
Week 1
Task The past decade has witnessed tremendous advances in
Very Large Scale Integration (VLSI) design and
technology. Find and summarise ONE resource that
describes about the use of VLSI technology and its future.
Summary Title: The Future of Very Large-Scale Integration (VLSI)
Technology
Reference: Kim, C 2018, The Future of Very Large-Scale
Integration (VLSI) Technology | Circuit Cellar. [online]
while ITIL delivers on the actual mechanics and “how-to” processes.
The author makes an interesting observation that it is wrong to
simplify COBIT as providing the ‘why’ and ITIL providing the ‘how’
because both ITSM mechanisms have considerable overlap and
both need to be used at the same time. I found this article very
useful in explaining the differences and similarities between these
two aspects of ITSM.
(Bad
Respons
e)
Title and Reference:
http://en.wikipedia.org/wiki/IT_service_management
Summary:
This pages talks about ITSM. It says that IT service
management (ITSM) refers to the entirety of activities – directed
by policies, organized and structured in processes and
supporting procedures – that are performed by an organization or
part of an organization to plan, deliver, operate and control IT
services offered to customers. It is thus concerned with the
implementation of quality IT services that meet the needs of
customers, and is performed by the IT service provider through an
appropriate mix of people, process and information technology.
Note: Each resource summary should be around 200-300 words.
Week 1
Task The past decade has witnessed tremendous advances in
Very Large Scale Integration (VLSI) design and
technology. Find and summarise ONE resource that
describes about the use of VLSI technology and its future.
Summary Title: The Future of Very Large-Scale Integration (VLSI)
Technology
Reference: Kim, C 2018, The Future of Very Large-Scale
Integration (VLSI) Technology | Circuit Cellar. [online]
Circuit Cellar. Available at: http://circuitcellar.com/tech-the-
future/the-future-of-very-large-scale-integration-vlsi-
technology/ [Accessed 28 Nov. 2018].
URL: http://circuitcellar.com/tech-the-future/the-future-of-
very-large-scale-integration-vlsi-technology/
Summary:
Very Large Scale Integration (VLSI) is a technology used in the
development of the integrated circuit. The main feature of the
VLSI circuit is the length reduction of the circuit or chip used in
the different electronic system. The reduction in the length of the
circuit helps to create revolution in the Nano technology field.
With the help of VLSI technology Nano electronics devices such
as SET (Single Electron Transistor and CNTFET (Carbon Nano
tube field effect transistors) can be used. These devices are
proved to be more effective than the use of traditional CMOS
technology.
The paper has discussed the use of VLSI technology for the
development of Nano technology. However, the author has also
concerned about the thing that optimization of the size of the
circuit may not be possible using VLSI after a certain limit. In
order to describe the effectiveness of the VLSI technology and
its contribution in the Nano technology the author has described
certain Nano electronics components which are replacing
traditional CMOS technology. However, it has been described in
this paper that further research is needed to be done on the VLSI
technology in an optimistic way.
I have found this article very helpful as it defines the role of
VLSI technology and its significance in the electronics industry.
Apart from that this article also assumes the future of the VLSI
technology.
Week 2
future/the-future-of-very-large-scale-integration-vlsi-
technology/ [Accessed 28 Nov. 2018].
URL: http://circuitcellar.com/tech-the-future/the-future-of-
very-large-scale-integration-vlsi-technology/
Summary:
Very Large Scale Integration (VLSI) is a technology used in the
development of the integrated circuit. The main feature of the
VLSI circuit is the length reduction of the circuit or chip used in
the different electronic system. The reduction in the length of the
circuit helps to create revolution in the Nano technology field.
With the help of VLSI technology Nano electronics devices such
as SET (Single Electron Transistor and CNTFET (Carbon Nano
tube field effect transistors) can be used. These devices are
proved to be more effective than the use of traditional CMOS
technology.
The paper has discussed the use of VLSI technology for the
development of Nano technology. However, the author has also
concerned about the thing that optimization of the size of the
circuit may not be possible using VLSI after a certain limit. In
order to describe the effectiveness of the VLSI technology and
its contribution in the Nano technology the author has described
certain Nano electronics components which are replacing
traditional CMOS technology. However, it has been described in
this paper that further research is needed to be done on the VLSI
technology in an optimistic way.
I have found this article very helpful as it defines the role of
VLSI technology and its significance in the electronics industry.
Apart from that this article also assumes the future of the VLSI
technology.
Week 2
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Task There has been much discussion on blockchain
technology. Find and summarise ONE resource that
describes about the future use of blockchain operating
systems.
Summary Title: Introducing Overledger: The Blockchain
Operating System for the Future
Reference: Medium 2018, Introducing Overledger: The
Blockchain Operating System for the Future. [online]
Available at:
https://medium.com/@vanelove141/introducing-overledger-
the-blockchain-operating-system-for-the-future-
f0f7e4018e15 [Accessed 28 Nov. 2018].
URL: https://medium.com/@vanelove141/introducing-
overledger-the-blockchain-operating-system-for-the-future-
f0f7e4018e15
Summary:
The article has proposed a block chain operating system
Overledger. Along with proposing a block chain operating
system the article has also described the features of block chain
operating system along with probable issues those can be faced in
this operating system. Block chain is the technology which is
generally used in the transaction process. It has been said that the
block chain operated operating system would be more efficient
than traditional operating system. The block chain operated
operating system can be implemented in the cloud based virtual
system. The transaction process can be done through the block
chain data center hosted by the cloud. The main advantage of the
block chain driven operating system is that this will give more
emphasis on the security and privacy of the individual users.
However, the block chain driven operating system may face
certain challenges like the issues regarding flexibility and the
migration to the another block chain technology. The article has
technology. Find and summarise ONE resource that
describes about the future use of blockchain operating
systems.
Summary Title: Introducing Overledger: The Blockchain
Operating System for the Future
Reference: Medium 2018, Introducing Overledger: The
Blockchain Operating System for the Future. [online]
Available at:
https://medium.com/@vanelove141/introducing-overledger-
the-blockchain-operating-system-for-the-future-
f0f7e4018e15 [Accessed 28 Nov. 2018].
URL: https://medium.com/@vanelove141/introducing-
overledger-the-blockchain-operating-system-for-the-future-
f0f7e4018e15
Summary:
The article has proposed a block chain operating system
Overledger. Along with proposing a block chain operating
system the article has also described the features of block chain
operating system along with probable issues those can be faced in
this operating system. Block chain is the technology which is
generally used in the transaction process. It has been said that the
block chain operated operating system would be more efficient
than traditional operating system. The block chain operated
operating system can be implemented in the cloud based virtual
system. The transaction process can be done through the block
chain data center hosted by the cloud. The main advantage of the
block chain driven operating system is that this will give more
emphasis on the security and privacy of the individual users.
However, the block chain driven operating system may face
certain challenges like the issues regarding flexibility and the
migration to the another block chain technology. The article has
described Overledger to overcome all these issues related to the
block chain driven OS.
I have found this paper helpful as it gives insight of the operating
system that is driven by block chain. Apart from that it has also
described the probable issues those can be encountered by the
block chain operating system.
Week 3
Task On-demand computing is a business computing model
whereby computing resources and technology are made
available to the user at anytime. Find and summarise ONE
resource that describes about a specific company which
provides on-demand computing. Explain in detail about the
types of services that the company provides.
Summary Title: IBM: On-demand computing has arrived
Reference: Shankland, S 2018, IBM: On-demand
computing has arrived. [online] CNET. Available at:
https://www.cnet.com/news/ibm-on-demand-computing-
has-arrived/ [Accessed 28 Nov. 2018].
URL : https://www.cnet.com/news/ibm-on-demand-
computing-has-arrived/
Summary:
In this article the on demand computing service provided by
IBM has been described. The on demand cloud has been
described as the platform for transforming the abstraction of
the computing into reality. The idea behind the on demand
computing provided by IBM is that the users ahs to pat and
will het the service when it is needed. There are various
advantages of on demand computing such as it reduces the
over head cost for both the company and the users. Some of
the on demand services provided by IBM are Infrastructure
as a Service (IaaS),Software as a Service (SaaS),Desktop
as a Service (DaaS). The main attributes of the on demand
service provided by IBM are it provides the client solution
block chain driven OS.
I have found this paper helpful as it gives insight of the operating
system that is driven by block chain. Apart from that it has also
described the probable issues those can be encountered by the
block chain operating system.
Week 3
Task On-demand computing is a business computing model
whereby computing resources and technology are made
available to the user at anytime. Find and summarise ONE
resource that describes about a specific company which
provides on-demand computing. Explain in detail about the
types of services that the company provides.
Summary Title: IBM: On-demand computing has arrived
Reference: Shankland, S 2018, IBM: On-demand
computing has arrived. [online] CNET. Available at:
https://www.cnet.com/news/ibm-on-demand-computing-
has-arrived/ [Accessed 28 Nov. 2018].
URL : https://www.cnet.com/news/ibm-on-demand-
computing-has-arrived/
Summary:
In this article the on demand computing service provided by
IBM has been described. The on demand cloud has been
described as the platform for transforming the abstraction of
the computing into reality. The idea behind the on demand
computing provided by IBM is that the users ahs to pat and
will het the service when it is needed. There are various
advantages of on demand computing such as it reduces the
over head cost for both the company and the users. Some of
the on demand services provided by IBM are Infrastructure
as a Service (IaaS),Software as a Service (SaaS),Desktop
as a Service (DaaS). The main attributes of the on demand
service provided by IBM are it provides the client solution
managed by the server. Apart from that the on demand
computing provided by the IBM has helped many
organizations to transform their business into e-business.
However, according to this article initially IBM on demand
service had the lack of communication and it was a challenge
for the organization to make the users understand about the
concept of on demand computing. Presently IBM on demand
computing system is competing with Sun Micro Systems’ N1
Plan and Hewlett-Packard's Adaptive Enterprise idea.
The main reason for choosing this article is that this article
has described the concept of on demand computing and the
way IBM has adopted the concept and providing on demand
computing services to the users. Apart from that the article
has also described the challenges the organization has faced
at the beginning of providing the service.
Week 4
Task Ethernet is a layer 2 protocol that defines wiring and
signaling standards for the physical layer of TCP/IP. Find
and summarise ONE resource that describes the features
and uses of ONE other layer 2 protocol that is not
discussed in the textbook.
Summary Title : OSI Layer 2 Protocols
Reference: Netcert.tripod.com. 2018, OSI -Layer 2
Protocols::. [online] Available at:
http://netcert.tripod.com/ccna/internetworking/layer2.html
[Accessed 28 Nov. 2018].
URL:
http://netcert.tripod.com/ccna/internetworking/layer2.html
computing provided by the IBM has helped many
organizations to transform their business into e-business.
However, according to this article initially IBM on demand
service had the lack of communication and it was a challenge
for the organization to make the users understand about the
concept of on demand computing. Presently IBM on demand
computing system is competing with Sun Micro Systems’ N1
Plan and Hewlett-Packard's Adaptive Enterprise idea.
The main reason for choosing this article is that this article
has described the concept of on demand computing and the
way IBM has adopted the concept and providing on demand
computing services to the users. Apart from that the article
has also described the challenges the organization has faced
at the beginning of providing the service.
Week 4
Task Ethernet is a layer 2 protocol that defines wiring and
signaling standards for the physical layer of TCP/IP. Find
and summarise ONE resource that describes the features
and uses of ONE other layer 2 protocol that is not
discussed in the textbook.
Summary Title : OSI Layer 2 Protocols
Reference: Netcert.tripod.com. 2018, OSI -Layer 2
Protocols::. [online] Available at:
http://netcert.tripod.com/ccna/internetworking/layer2.html
[Accessed 28 Nov. 2018].
URL:
http://netcert.tripod.com/ccna/internetworking/layer2.html
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Summary:
One of the layer 2 protocol is token ring. This is also known
as IEEE 802.5. The main feature and the function of token
ring is signaling the baseband along with passing the tokens
and the database. The station has allocated equal time for
passing the tokens around the ring. In case if the station has
not possess a token it cannot pass the data. Active monitoring
is present for the detection of the fault at each station. Apart
from that active monitor is also responsible for token
monitoring and token generation. The token frame has three
components- start delimiter, access control and end delimiter.
Start delimiter indicates the starting of the frame, end
delimiter indicates the ending of the frame. Access control
defines the type of the frame. The size of each component is 1
byte.
The reason for selecting this article is that this article defines
the different feature of token ring which is also a layer 2
protocol like Ethernet.
Week 5
Task There has been much discussion on the application of the
Internet of Things (IoT) for medical and health related
purposes. Find and summarise ONE resource that
describes the application of the Internet of Health Things in
the health sector.
Summary Title : Internet of things in healthcare: applications,
benefits, and challenges
Reference: Peerbits 2018, Internet of things in healthcare:
applications, benefits, and challenges. [online] Available at:
https://www.peerbits.com/blog/internet-of-things-
healthcare-applications-benefits-and-challenges.html
[Accessed 28 Nov. 2018].
URL: https://www.peerbits.com/blog/internet-of-things-
One of the layer 2 protocol is token ring. This is also known
as IEEE 802.5. The main feature and the function of token
ring is signaling the baseband along with passing the tokens
and the database. The station has allocated equal time for
passing the tokens around the ring. In case if the station has
not possess a token it cannot pass the data. Active monitoring
is present for the detection of the fault at each station. Apart
from that active monitor is also responsible for token
monitoring and token generation. The token frame has three
components- start delimiter, access control and end delimiter.
Start delimiter indicates the starting of the frame, end
delimiter indicates the ending of the frame. Access control
defines the type of the frame. The size of each component is 1
byte.
The reason for selecting this article is that this article defines
the different feature of token ring which is also a layer 2
protocol like Ethernet.
Week 5
Task There has been much discussion on the application of the
Internet of Things (IoT) for medical and health related
purposes. Find and summarise ONE resource that
describes the application of the Internet of Health Things in
the health sector.
Summary Title : Internet of things in healthcare: applications,
benefits, and challenges
Reference: Peerbits 2018, Internet of things in healthcare:
applications, benefits, and challenges. [online] Available at:
https://www.peerbits.com/blog/internet-of-things-
healthcare-applications-benefits-and-challenges.html
[Accessed 28 Nov. 2018].
URL: https://www.peerbits.com/blog/internet-of-things-
healthcare-applications-benefits-and-challenges.htm
Summary:
Health care is a growing sector that needs the
synchronization of multiple functionality between different
departments. With the advancement of the health care
services, the accountability of the services is needed to be
enhanced. The use of the internet of things in health care
service is providing different advantages along with the scope
for improving the scalability of the services in the health care
sector. The application of the internet of things in health care
service is mainly the automation of the different process
related to health care. The real time monitoring of the
condition of the patient can be done through the connected
device. This can be achieved through the application of
internet of things. The collection and transformation of the
health related data can be done accurately through the
multiple connected device. The data can be stored in the
cloud storage. This whole system will help to reduce the cost
of collecting and the storage of data for the health providers.
Along with that it will also enhances the flexibility of the
medical data collection system. For the life threating
condition the IoT system can gather the data regarding
patient. The analysis of the data can be done through
automated system of the IoT. This data can be transferred to
the doctor on the real time basis along with the alert of the
condition of patient. This will be beneficial as it is a life
saving way and will enhance the quality of the service
provided by health care organizations.
The main purpose of choosing this article is that the
discussion points out possible application of IoT in the health
care sector along with the benefits that can help patients to
get instant services from health carte providers.
Week 6
Task Cloud computing technologies have gained popularity due
Summary:
Health care is a growing sector that needs the
synchronization of multiple functionality between different
departments. With the advancement of the health care
services, the accountability of the services is needed to be
enhanced. The use of the internet of things in health care
service is providing different advantages along with the scope
for improving the scalability of the services in the health care
sector. The application of the internet of things in health care
service is mainly the automation of the different process
related to health care. The real time monitoring of the
condition of the patient can be done through the connected
device. This can be achieved through the application of
internet of things. The collection and transformation of the
health related data can be done accurately through the
multiple connected device. The data can be stored in the
cloud storage. This whole system will help to reduce the cost
of collecting and the storage of data for the health providers.
Along with that it will also enhances the flexibility of the
medical data collection system. For the life threating
condition the IoT system can gather the data regarding
patient. The analysis of the data can be done through
automated system of the IoT. This data can be transferred to
the doctor on the real time basis along with the alert of the
condition of patient. This will be beneficial as it is a life
saving way and will enhance the quality of the service
provided by health care organizations.
The main purpose of choosing this article is that the
discussion points out possible application of IoT in the health
care sector along with the benefits that can help patients to
get instant services from health carte providers.
Week 6
Task Cloud computing technologies have gained popularity due
to the number of advantages they provide to organisations
and individuals such as reduced cost, better storage, and
improved performance. In recent years, there has been a
lot of discussion on the development and implementation
of fog computing. Find and summarise ONE resource that
describes the fog computing. The resource and your
summary should describe how fog computing differs from
cloud computing.
Summary Title: Evolution of Cloud to Fog Computing
Reference: Rankwatch 2018, [online] Available at:
https://blog.rankwatch.com/evolution-of-cloud-to-fog-
computing/ [Accessed 28 Nov. 2018].
UR: https://blog.rankwatch.com/evolution-of-cloud-to-fog-
computing/
Summary:
Fog computing can be referred as the advancement of the
cloud computing. Fog computing is also known as fogging
where the services are operated at the edge of the network or
it can be handled at a remote data center which is cloud. The
main feature of fog computing is that it improves the
efficiency by reducing the amount of the unnecessary data
for the storage and processing. The data in the fog computing
are kept at the close of the data users. Apart from that it also
providers security and compliance during the transmission of
the data over cloud. Most of the processing in the fog
computing takes in the data plane. The data plan which is
based on the local devices like smartphones. The fog
computing provides the virtual platform where the processing
and the storage of data can be done. The main difference
between the cloud computing and the fog computing lies on
the number of transmission hops between the remote server
and the data users. In case of cloud computing the number of
hops are more than in fog computing. The servers in cloud
computing are powerful than the servers in fog computing.
However, the numbers of servers in fog computing is very
and individuals such as reduced cost, better storage, and
improved performance. In recent years, there has been a
lot of discussion on the development and implementation
of fog computing. Find and summarise ONE resource that
describes the fog computing. The resource and your
summary should describe how fog computing differs from
cloud computing.
Summary Title: Evolution of Cloud to Fog Computing
Reference: Rankwatch 2018, [online] Available at:
https://blog.rankwatch.com/evolution-of-cloud-to-fog-
computing/ [Accessed 28 Nov. 2018].
UR: https://blog.rankwatch.com/evolution-of-cloud-to-fog-
computing/
Summary:
Fog computing can be referred as the advancement of the
cloud computing. Fog computing is also known as fogging
where the services are operated at the edge of the network or
it can be handled at a remote data center which is cloud. The
main feature of fog computing is that it improves the
efficiency by reducing the amount of the unnecessary data
for the storage and processing. The data in the fog computing
are kept at the close of the data users. Apart from that it also
providers security and compliance during the transmission of
the data over cloud. Most of the processing in the fog
computing takes in the data plane. The data plan which is
based on the local devices like smartphones. The fog
computing provides the virtual platform where the processing
and the storage of data can be done. The main difference
between the cloud computing and the fog computing lies on
the number of transmission hops between the remote server
and the data users. In case of cloud computing the number of
hops are more than in fog computing. The servers in cloud
computing are powerful than the servers in fog computing.
However, the numbers of servers in fog computing is very
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high compared to the cloud computing and the data in this
case is stored at the edge.
The main reason for choosing this paper is that , this paper
has discussed both cloud and fog computing. However, the
emphasis has given on the fog commuting. Moreover the
discussion covers the attributes of fog computing along with
its basic difference with cloud computing.
Week 7
Task Business intelligence and analytics has emerged as an
important tool that provide insight and fuel innovation,
enabling organizations to leverage the intrinsic value of
their data. Find and summaries ONE resource that
describes the effective use of business intelligence and
analytics in the finance sector.
Summary Title : Applications Of Business Intelligence In
Banking And Finance
Reference: Amster, A 2018, Business Intelligence in
Finance and Banking | Qubole. [online] Qubole. Available
at: https://www.qubole.com/blog/business-intelligence-and-
finance/ [Accessed 28 Nov. 2018].
URL: https://www.qubole.com/blog/business-intelligence-
and-finance/
Summary:
Technology is changing the situation in the financial sector
and the banking industry. Technology is using in the decision
making processes. Business intelligence tools are the
example of using of technology in the field of financial
sectors. These tools are used for gathering the consumer data
and the market information. The accurate analysis and the
findings from the analysis are helping the financial decision
makers to make successful long term and short term
case is stored at the edge.
The main reason for choosing this paper is that , this paper
has discussed both cloud and fog computing. However, the
emphasis has given on the fog commuting. Moreover the
discussion covers the attributes of fog computing along with
its basic difference with cloud computing.
Week 7
Task Business intelligence and analytics has emerged as an
important tool that provide insight and fuel innovation,
enabling organizations to leverage the intrinsic value of
their data. Find and summaries ONE resource that
describes the effective use of business intelligence and
analytics in the finance sector.
Summary Title : Applications Of Business Intelligence In
Banking And Finance
Reference: Amster, A 2018, Business Intelligence in
Finance and Banking | Qubole. [online] Qubole. Available
at: https://www.qubole.com/blog/business-intelligence-and-
finance/ [Accessed 28 Nov. 2018].
URL: https://www.qubole.com/blog/business-intelligence-
and-finance/
Summary:
Technology is changing the situation in the financial sector
and the banking industry. Technology is using in the decision
making processes. Business intelligence tools are the
example of using of technology in the field of financial
sectors. These tools are used for gathering the consumer data
and the market information. The accurate analysis and the
findings from the analysis are helping the financial decision
makers to make successful long term and short term
decisions for the financial organizations. The paper has
discussed certain advantages and the improvements those can
be achieved through the use of business intelligence. One of
the main advantage of applying the business intelligence is
that it improves the marketing and operational efficiencies.
The control on the ongoing costs and maximization of the
resources can be achieved through the application of business
intelligence. For the banks the improvements of the consumer
relations and analysis of the needs of the consumers can be
achieved through the data provided by the business
intelligence. The information gathered regarding the market
condition will help the experts to develop new financial
strategy to gain the competitive advantage. Financial word is
dynamic in nature and is filled with uncertainty. Using the
business intelligence tools can be useful for the financial and
banking sectors to reduce the risks regarding investments and
the business operations.
The main reason for choosing this paper is that it clearly
stated the application and the advantage of the business
intelligence tools in financial sectors.
Week 8
Task The term “translytical” is a recent addition to the database
industry jargon. Find and summarise ONE resource that
describes the main functions of a translytical data platform.
The resource and your summary should describe how
translytical data platform differs from transactional data
platform.
Summary Title: Why Translytical Data Platforms Are The Way
Forward
Reference: Digitalistmag.com 2018, Why Translytical Data
Platforms Are The Way Forward. [online] Available at:
https://www.digitalistmag.com/cio-knowledge/2018/02/05/w
hy-translytical-data-platforms-are-way-forward-05840201
[Accessed 28 Nov. 2018].
URL:
https://www.digitalistmag.com/cio-knowledge/2018/02/05/w
discussed certain advantages and the improvements those can
be achieved through the use of business intelligence. One of
the main advantage of applying the business intelligence is
that it improves the marketing and operational efficiencies.
The control on the ongoing costs and maximization of the
resources can be achieved through the application of business
intelligence. For the banks the improvements of the consumer
relations and analysis of the needs of the consumers can be
achieved through the data provided by the business
intelligence. The information gathered regarding the market
condition will help the experts to develop new financial
strategy to gain the competitive advantage. Financial word is
dynamic in nature and is filled with uncertainty. Using the
business intelligence tools can be useful for the financial and
banking sectors to reduce the risks regarding investments and
the business operations.
The main reason for choosing this paper is that it clearly
stated the application and the advantage of the business
intelligence tools in financial sectors.
Week 8
Task The term “translytical” is a recent addition to the database
industry jargon. Find and summarise ONE resource that
describes the main functions of a translytical data platform.
The resource and your summary should describe how
translytical data platform differs from transactional data
platform.
Summary Title: Why Translytical Data Platforms Are The Way
Forward
Reference: Digitalistmag.com 2018, Why Translytical Data
Platforms Are The Way Forward. [online] Available at:
https://www.digitalistmag.com/cio-knowledge/2018/02/05/w
hy-translytical-data-platforms-are-way-forward-05840201
[Accessed 28 Nov. 2018].
URL:
https://www.digitalistmag.com/cio-knowledge/2018/02/05/w
hy-translytical-data-platforms-are-way-forward-05840201
Summary:
Translytical data platforms are one of the emerging technologies
that enables the users to store and analysis the data
simultaneously. In the traditional data storage and data
warehousing system the data and information are stored in a
systematic and structured way. However, the traditional storage
system does not allows the analysis of the data. The analysis part
has to be done in the separate system or section. In the new
Translytical data platforms, the system allows the analysis and
the processing of the storage data in effective way. This new
platform of storing data allows the continuous learning and
improvisation of the stored information, connected data with
applications and the use of internet of things during the storage
and the analysis process. The main difference between
translytical data platform and transactional data platform is that
in transactional data platforms the analysis of the data is
challenging. However this issue has mitigated in translytical
data platform.
The main reason for choosing this discussion is that this article
has helped to understand the concept of translytical data and its
significance in the managing of information
Week 9
Task The term sustainability has gained significant popularity in
IS project management. Find and summarise ONE
resource that discusses the importance of sustainability in
IS project management.
Summary Title : SUSTAINABILITY IN INFORMATION
TECHNOLOGY: AN ANALYSIS OF THE ASPECTS
CONSIDERED IN THE MODEL COBIT
Summary:
Translytical data platforms are one of the emerging technologies
that enables the users to store and analysis the data
simultaneously. In the traditional data storage and data
warehousing system the data and information are stored in a
systematic and structured way. However, the traditional storage
system does not allows the analysis of the data. The analysis part
has to be done in the separate system or section. In the new
Translytical data platforms, the system allows the analysis and
the processing of the storage data in effective way. This new
platform of storing data allows the continuous learning and
improvisation of the stored information, connected data with
applications and the use of internet of things during the storage
and the analysis process. The main difference between
translytical data platform and transactional data platform is that
in transactional data platforms the analysis of the data is
challenging. However this issue has mitigated in translytical
data platform.
The main reason for choosing this discussion is that this article
has helped to understand the concept of translytical data and its
significance in the managing of information
Week 9
Task The term sustainability has gained significant popularity in
IS project management. Find and summarise ONE
resource that discusses the importance of sustainability in
IS project management.
Summary Title : SUSTAINABILITY IN INFORMATION
TECHNOLOGY: AN ANALYSIS OF THE ASPECTS
CONSIDERED IN THE MODEL COBIT
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Reference: Machado, M.C., Hourneaux Junior, F. and
Sobral, F.A 2017, SUSTAINABILITY IN INFORMATION
TECHNOLOGY: AN ANALYSIS OF THE ASPECTS
CONSIDERED IN THE MODEL COBIT. JISTEM-Journal
of Information Systems and Technology
Management, 14(1), pp.88-110.
URL:http://dx.doi.org/10.4301/s1807-17752017000100005
Summary:
Maintaining the sustainability during the development of the
information system project is important as it will help to enhance
the overall quality of the outcome. The term green IT and the
energy efficient systems are the result of sustainable information
system management. The importance of maintaining the
sustainability in the information system project is that it will help
to give the energy efficient solutions. Moreover the use of the
resources in this type of project will support the sustainable
development and the balance of the environment. Apart from that
sustainable information system mitigate the disposal of the
equipment. This also indirectly reduces the wastes from the
electronic garbage and helps to maintain the sustainability of the
environment. Maintaining the sustainability during the
development of the information system project also mitigates the
overhead cost of the organization. It also helps to serves the
desired services to the users along with maintain the quality of
the service.
The main reason for choosing this paper is that this article helps
to identify the significance of the sustainability in the
information system projects. Moreover, this article also
mentioned the result of sustainable information system.
Sobral, F.A 2017, SUSTAINABILITY IN INFORMATION
TECHNOLOGY: AN ANALYSIS OF THE ASPECTS
CONSIDERED IN THE MODEL COBIT. JISTEM-Journal
of Information Systems and Technology
Management, 14(1), pp.88-110.
URL:http://dx.doi.org/10.4301/s1807-17752017000100005
Summary:
Maintaining the sustainability during the development of the
information system project is important as it will help to enhance
the overall quality of the outcome. The term green IT and the
energy efficient systems are the result of sustainable information
system management. The importance of maintaining the
sustainability in the information system project is that it will help
to give the energy efficient solutions. Moreover the use of the
resources in this type of project will support the sustainable
development and the balance of the environment. Apart from that
sustainable information system mitigate the disposal of the
equipment. This also indirectly reduces the wastes from the
electronic garbage and helps to maintain the sustainability of the
environment. Maintaining the sustainability during the
development of the information system project also mitigates the
overhead cost of the organization. It also helps to serves the
desired services to the users along with maintain the quality of
the service.
The main reason for choosing this paper is that this article helps
to identify the significance of the sustainability in the
information system projects. Moreover, this article also
mentioned the result of sustainable information system.
Week 10
Task The development of information systems (IS) has been
actively pursued by organisations in a globalized market to
maintain their competitive advantages However, these
IS/IT implementation project failures often result in
substantial financial losses. Find and summarise ONE
resource that describes ONE example of a failed IT/IS
project in the government sector.
Summary Title : Queensland Health payroll fail: Government
ordered to pay IBM costs
Reference: The Sydney Morning Herald 2018, Queensland
Health payroll fail: Government ordered to pay IBM costs.
[online] Available at:
https://www.smh.com.au/technology/queensland-health-
payroll-fail-government-ordered-to-pay-ibm-costs-
20160404-gnxpqj.html [Accessed 28 Nov. 2018].
URL: https://www.smh.com.au/technology/queensland-
health-payroll-fail-government-ordered-to-pay-ibm-costs-
20160404-gnxpqj.html
Summary:
Queensland Health Payroll system is one of the significant
government project that has been failed to be implemented in a
proper way. The main objective of this health payroll system is to
keep track of the records of the employees. The existing system
was supposed to be modified through the implementation of the
new technology . However, there were certain factors those were
responsible for the failure of the project. The gathering of the
large amount of the data regarding employees and the manual
process indulged in the system led to the errors in the data. This
raised the problem of overpayment to some of the employees.
Apart from that the cost and the time frame for the compilation of
Task The development of information systems (IS) has been
actively pursued by organisations in a globalized market to
maintain their competitive advantages However, these
IS/IT implementation project failures often result in
substantial financial losses. Find and summarise ONE
resource that describes ONE example of a failed IT/IS
project in the government sector.
Summary Title : Queensland Health payroll fail: Government
ordered to pay IBM costs
Reference: The Sydney Morning Herald 2018, Queensland
Health payroll fail: Government ordered to pay IBM costs.
[online] Available at:
https://www.smh.com.au/technology/queensland-health-
payroll-fail-government-ordered-to-pay-ibm-costs-
20160404-gnxpqj.html [Accessed 28 Nov. 2018].
URL: https://www.smh.com.au/technology/queensland-
health-payroll-fail-government-ordered-to-pay-ibm-costs-
20160404-gnxpqj.html
Summary:
Queensland Health Payroll system is one of the significant
government project that has been failed to be implemented in a
proper way. The main objective of this health payroll system is to
keep track of the records of the employees. The existing system
was supposed to be modified through the implementation of the
new technology . However, there were certain factors those were
responsible for the failure of the project. The gathering of the
large amount of the data regarding employees and the manual
process indulged in the system led to the errors in the data. This
raised the problem of overpayment to some of the employees.
Apart from that the cost and the time frame for the compilation of
the project were running out of estimation. The failure of the
Queensland Health payroll system indicates the mismanagement
of the information system projects and the lack of planning for
the implementation.
The main reason for choosing this news is that it describes the
consequence of the failure of the Queensland Health payroll
system.
Queensland Health payroll system indicates the mismanagement
of the information system projects and the lack of planning for
the implementation.
The main reason for choosing this news is that it describes the
consequence of the failure of the Queensland Health payroll
system.
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MARKING SHEET - DO NOT DELETE
(Up to 3 marks per weekly task)
Criteria
0 No Response
<=1.0 Poor resource selection; resource is too broad or lacks relevance to the
task; summary fails to explain what the resource was about; the
relevance of the resource has not been explained.
<=2.0 Good resource selection; resource is relevant to the task; summary is
adequate but may require either more detail or is too long; the relevance
of the resource as been explained to some extent, but needs additional
information.
<=3.0 Excellent resource selection; resource is highly relevant to the task (the
resource is probably highly specialised); summary is detailed yet
concise; the relevance of the resource selection has been clearly
explained.
Key
Deductions -1.0
-3.0
Resource not referenced correctly/not in Harvard format
Resource not referenced/Resource cannot be traced with details
provided.
Week Marks Awarded Comments
1
2
3
4
5
6
7
8
(Up to 3 marks per weekly task)
Criteria
0 No Response
<=1.0 Poor resource selection; resource is too broad or lacks relevance to the
task; summary fails to explain what the resource was about; the
relevance of the resource has not been explained.
<=2.0 Good resource selection; resource is relevant to the task; summary is
adequate but may require either more detail or is too long; the relevance
of the resource as been explained to some extent, but needs additional
information.
<=3.0 Excellent resource selection; resource is highly relevant to the task (the
resource is probably highly specialised); summary is detailed yet
concise; the relevance of the resource selection has been clearly
explained.
Key
Deductions -1.0
-3.0
Resource not referenced correctly/not in Harvard format
Resource not referenced/Resource cannot be traced with details
provided.
Week Marks Awarded Comments
1
2
3
4
5
6
7
8
9
10
TOTAL
10
TOTAL
1 out of 18
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