Shubham Chauhan11619922 Question 1 Electronic records administration is a kind of content administration framework and indicates to the joined technologies of library administration and accounts administration frameworks as a synchronized framework (Nrscotland, 2017). To run the business more effectively and efficiently business intelligence is implemented. Business intelligence helps in finding the tendency and alliance between the information and data which increases the influence of openings in business. Successful execution of business intelligence is the great challenge because it needs a lot of technical computation, integration, and investigation of information (Pratt, 2017). It is the logical process for exploring data. In data mining, the data is grouped and sorted from the large database to find different patterns and relations for finding the solution of the problem by data analyst (Expertsystem, 2016). It is the method of investigating large and assorted data and information. Data Discovery unites the strategies for behavioral examination and information revelation on a large amount of data. Data discovery is easy to use, flexible and agile (Elliott, 2015). It is the basic prototype that demonstrates the operations and architecture of the association.it is used for implementation, planning, analysis and design of data sets. It is the sorting out the rationale forbusinessproceduresandITfoundationreplicatingtheincorporationandnormalization prerequisites of the organization (Minoli, 2017). It is the PC based framework that gives commands to the instruments, calculates and successfully manages divisions in company. It gives the complete structural information of company. Reports 2
Shubham Chauhan11619922 related to tracking operations are provided to manager by this reporting system known as management information System (Eller, 2017). Data lifecycle is used for preserving and managing data successfully. There are 7 stages which complete data life cycle that are capture, maintenance, synthesis, usage, publication, archival and exclusion. Data in data cycle is taken as an entity. Various Data principles are accessibility, security, reusability and more. The data principles are used to solve the different complex data problems (Findlaw, 2017). The resources and applications are shared on the network or internet for providing these services to other devices on the internet. The general term for infrastructure is known as cloud computing. Cloud computing is used for increasing reliability, sustainability, scalability, security. Different type of cloud computing is SaaS, IaaS, and PasS (Ibm, 2017). 3
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Shubham Chauhan11619922 Question 2 Business nowadays uses the data mining for enhancing and growing business because It improves competitiveness by analyzing competitors and customer requirements. In academic field, mining and examination of important datasets. Text mining increases effectiveness and efficiency of the business process. It reduces transactional cost. It helps in increasing company revenue (Jisc, 2012). 4
Shubham Chauhan11619922 Question 3 Various problems are associated with the cloud computing that is given as: 1.Halt: cloud computing is a web-based application which implies that anyone can access the data and the accessibility of data totally depends on the internet connection. No cloud supplier would guarantee safeguard to benefit power failure. 2.Privacy and security: As the data are stored on the internet, so its security is not sure. 3.Unauthorized attack: Any person who doesn’t have authority to access data can access it because it is present on internet. 4.Control and flexibility is limited 5.Cost of cloud computing is more. Some solutions that can stop the following risks are 1.Data access on user background should be restricted. 2.Intelligent methodologies for network security should be implemented. 3.Data breakout should be prevented. 4.Some unique identity code should be provided to each user (Catteddu, 2010). 5
Shubham Chauhan11619922 Question 4 The existing system of information didn’t work on the KPI’s an acronym for “key performance indicator” required for the executives. So, for solving this problem EIS that is “executive information system” is designed and implemented. The executives faced problems like half of the information created from their EIS was inappropriate to business-level controlling their Strategic Business Units, significant for basic leadership, were not accessible in the way in which they required it. EIS problem reasons: The system architecture is inappropriately designed for personalized report formation. Very complex user interface for extracting the required information, therefore first KPI related data is extracted by analyst and process this data to get the information required. CIO has improved EIS by assigning the design and development work to a committed team to design and implement the new system by using completely new architecture. Data inconsistency was improved in the new system by using consistent data format. KPI reports provided by the latest system developed which is positive on inventory curve. Report modification is made easy by IT structure that remains ignored by Ad-hoc analysis. System maintenance requires less resource. Data governance benefits: Company revenue gets increased due to data governance. Decision making and control has become better due to data governance. Data governance helps in improving quality of information or data (Turban& Volonino& Wood,2015). 6
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Shubham Chauhan11619922 Question 5 Wide range of data is used by the Coca-Cola and requires much time for analyses and searching of the data. It is important to process point of sale data in upcoming future because it makes the analysis and data searching much easy and less time taking. It is also important because it helps in making analytical decisions about items of the Coca-Cola Company and also helps in marketing and production of the Coca-Cola Company. Coca-Cola modified from distributed databases to a concentrated database where the information can be integrated and combined accessible to the company. These modifications help in selling more Coca-Cola by retailers and satisfy customer. Help Big Data innovation associated with a number of followers on Facebook causes Coca-Cola react to changes happening in the market and extends business of Coca-Cola Company. For the data and information to be exact and accurate it is important to trust the data. Trusting data will help in supporting the operations and strategies of the company. With the consistent and correct information, the organization can react rapidly to changes in economic situations for clients and sales The controlling model helps in decision making for finding the association among certain valuables to decrease the uncertainty level is known as black book model. Using this model it became easy for Coca-Cola to make quick and appropriate decisions as this model helps in reducing uncertainty by finding relations among different or certain variables (Turban & Volonino & Wood, 2015). . 7
Shubham Chauhan11619922 References Catteddu, D. (2010). Cloud Computing: benefits, risks and recommendations for information security.InWeb application security(pp. 17-17). Springer, Berlin, Heidelberg. Eller. (2017). what is MIS? Retrieved from https://mis.eller.arizona.edu/what-is-mis Elliott, T. (2015). Big Data Discovery Is The Next Big Trend In Analytics. Retrieved from http://www.zdnet.com/article/big-data-discovery-is-the-next-big-trend-in-analytics/ Expertsystem. (2016). Text mining vs data mining: discover the differences. Retrieved from http://www.expertsystem.com/text-mining-vs-data-mining-differences/ Findlaw. (2017). Data Life Cycle Management Retrieved from http://corporate.findlaw.com/law-library/data-life-cycle-management.html Ibm. (2017). What is cloud computing? Retrieved from https://www.ibm.com/cloud/learn/what-is-cloud-computing Jisc. (2012).Value and benefits of text mining.Retrieved from https://www.jisc.ac.uk/reports/value-and-benefits-of-text-mining Minoli, D. (2017). What Is Enterprise Architecture? Retrieved from http://www.ittoday.info/Articles/What_Is_Enterprise_Architecture.htm#.Wqz8HehuY2w Nrscotland. (2017). Electronic Records Management Systems Retrieved from https://www.nrscotland.gov.uk/record-keeping/electronic-records-management/electronic- records-management-systems Nrscotland. (2017).Electronic Records Management System.Retrieved from https://www.nrscotland.gov.uk/record-keeping/electronic-records-management/electronic- records-management-systems. Pratt, M. (2017). What is BI? Business intelligence strategies and solutions. Retrieved from https://www.cio.com/article/2439504/business-intelligence/business-intelligence- definition-and-solutions.html Pratt, M. (2017).What is BI? Business intelligence strategies and solutions.Retrieved from https://www.cio.com/article/2439504/business-intelligence/business-intelligence- definition-and-solutions.html Turban, E., & Volonino, L. & Wood, G. (2015). Information Technology for Management: Digital strategies for Insight, Action, and Sustainable Performance, 10th edition. 8