Management Information Systems
Added on 2022-12-27
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Running head: MANAGEMENT INFORMATION SYSTEMS
Management information systems
[Name of the Student]
[Name of the University]
[Author note]
Management information systems
[Name of the Student]
[Name of the University]
[Author note]
MANAGEMENT INFORMATION SYSTEMS
1
MAIN THEME OF THE INTERVIEW AND RELATED VIEWS
It is evident from the visits of the top CEO’s of the software companies that Centrica
is evolving at a faster rate compared to its parent company, British Gas. Satya Nadella, the
CEO of Microsoft company is eager to make Centrica a part of a strategic initiative for the
utilities sector. According to the CEO of SAP SE, Centrica is one of those companies running
largest SAP instances compared to that of Apple and Microsoft and the company is looking
forward to change to SAP’s in-memory Hana enterprise resource planning system. Centrica is
deploying data science in its business and CIO Mike Young is leading a team of data
scientists who are developing algorithms to aid Centrica cater to the needs of its customers
and adding to the company’s revenue in data discovery stream by the help of a subsidiary
called Io-Tahoe. Io-Tahoe helps the company in managing numerous structured and
unstructured databases. Centrica is stepping towards developing proficient software business.
In this interview, Mike Young speaks about the strategy involved in data science
implementation in the company and the allies made with Microsoft and SAP.
OVERVIEW ON COMPANY’S RECENT IT HISTORY
Centrica reviewed its fundamental strategies according to the circumstances arising in
the year 2015. The review mainly focused on the capability of operations being performed,
efficiency of the operations performed, new sources of revenue and revising financial
backbone. The review concluded that the region of strength of the company was its way of
dealing with the customers and that company will focus on meeting the needs of the
customers. The Competition and Markets Authority granted Centrica’s request to remove it
from the Rough undertakings in the year 2017. The company dismissed the Rough facility
that was being unable to inject safe operations due to the conditions in which the assets were.
1
MAIN THEME OF THE INTERVIEW AND RELATED VIEWS
It is evident from the visits of the top CEO’s of the software companies that Centrica
is evolving at a faster rate compared to its parent company, British Gas. Satya Nadella, the
CEO of Microsoft company is eager to make Centrica a part of a strategic initiative for the
utilities sector. According to the CEO of SAP SE, Centrica is one of those companies running
largest SAP instances compared to that of Apple and Microsoft and the company is looking
forward to change to SAP’s in-memory Hana enterprise resource planning system. Centrica is
deploying data science in its business and CIO Mike Young is leading a team of data
scientists who are developing algorithms to aid Centrica cater to the needs of its customers
and adding to the company’s revenue in data discovery stream by the help of a subsidiary
called Io-Tahoe. Io-Tahoe helps the company in managing numerous structured and
unstructured databases. Centrica is stepping towards developing proficient software business.
In this interview, Mike Young speaks about the strategy involved in data science
implementation in the company and the allies made with Microsoft and SAP.
OVERVIEW ON COMPANY’S RECENT IT HISTORY
Centrica reviewed its fundamental strategies according to the circumstances arising in
the year 2015. The review mainly focused on the capability of operations being performed,
efficiency of the operations performed, new sources of revenue and revising financial
backbone. The review concluded that the region of strength of the company was its way of
dealing with the customers and that company will focus on meeting the needs of the
customers. The Competition and Markets Authority granted Centrica’s request to remove it
from the Rough undertakings in the year 2017. The company dismissed the Rough facility
that was being unable to inject safe operations due to the conditions in which the assets were.
MANAGEMENT INFORMATION SYSTEMS
2
DISCUSSION ON THE THEME AND TERMS RELATED TO IT
In this interview, Young has stated that the journey of Centrica with respect to data
management marked its start in the end of the year 2014. Centrica had successfully
implemented data lake including MapReduce, Spark and the things that usually are there in a
data lake. The data irrespective of its nature of being structured or unstructured was getting
into the data lake by 2015. According to Young, the company had enriched its intellectual
property by developing its own algorithms. SAP HANA to which the company wants to
migrate is a relational, in-memory and column-oriented database management system that has
been formed and marketed by SAP SE. Its basic function is storing and retrieving data as and
when the applications request it for. It performs advanced analytics and encloses extract, load
capabilities, transform and application server. SAP HANA is a mixture of OLAP and OLTP
operations and thus is named as OLTAP operation. Enterprise Resource Planning is software
that manages business process and enables an organization to work with a group of integrated
applications. Centrica had set up a huge capital venture and Rokitt-Astra, a complementary
data tools company was acquired. The company acquired Rokitt-Astra and Io-Tahao at the
same time so that it could sell data services to the banking sector. Every individual is
concerned with his or her data and the General Data Protection Regulation backs them up.
Young is of the opinion that the data science team of Centrica has become stronger than
before and now includes many specialists in visualization and analytics. He confirms that
Cambridge and Massachusetts Institute of Technology pass outs are a part of his team and
there are persons who are from engineering and custom operations background. The CIO
seems to be satisfied with the diverse qualifications of his team members and states that their
capabilities have been enhanced. Young adds that the company is looking into real-life issues
and is always ready to research and make developments on the results of the research been
done and a decrease in viable products is what the company desires.
2
DISCUSSION ON THE THEME AND TERMS RELATED TO IT
In this interview, Young has stated that the journey of Centrica with respect to data
management marked its start in the end of the year 2014. Centrica had successfully
implemented data lake including MapReduce, Spark and the things that usually are there in a
data lake. The data irrespective of its nature of being structured or unstructured was getting
into the data lake by 2015. According to Young, the company had enriched its intellectual
property by developing its own algorithms. SAP HANA to which the company wants to
migrate is a relational, in-memory and column-oriented database management system that has
been formed and marketed by SAP SE. Its basic function is storing and retrieving data as and
when the applications request it for. It performs advanced analytics and encloses extract, load
capabilities, transform and application server. SAP HANA is a mixture of OLAP and OLTP
operations and thus is named as OLTAP operation. Enterprise Resource Planning is software
that manages business process and enables an organization to work with a group of integrated
applications. Centrica had set up a huge capital venture and Rokitt-Astra, a complementary
data tools company was acquired. The company acquired Rokitt-Astra and Io-Tahao at the
same time so that it could sell data services to the banking sector. Every individual is
concerned with his or her data and the General Data Protection Regulation backs them up.
Young is of the opinion that the data science team of Centrica has become stronger than
before and now includes many specialists in visualization and analytics. He confirms that
Cambridge and Massachusetts Institute of Technology pass outs are a part of his team and
there are persons who are from engineering and custom operations background. The CIO
seems to be satisfied with the diverse qualifications of his team members and states that their
capabilities have been enhanced. Young adds that the company is looking into real-life issues
and is always ready to research and make developments on the results of the research been
done and a decrease in viable products is what the company desires.
End of preview
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