Report on Innovation and New Technologies in Information Systems

This report provides an overview of innovation and new technologies in information systems (IS). It begins by defining information systems and their components, emphasizing their role in supporting operations, decision-making, and management within organizations. The report then introduces emerging technologies such as virtual reality (VR), the Internet of Things (IoT), and, with a particular focus, big data analytics. It delves into the concept of big data analytics, explaining its importance in analyzing structured and unstructured data to enhance organizational performance. The report discusses the applications of big data analytics in various industries, including education, healthcare, government, and media, highlighting the benefits such as cost reduction and improved decision-making. The conclusion underscores the significance of technological innovation in optimizing IS and overall business efficiency.

Running head: INNOVATION AND NEW TECHNOLOGIES
INNOVATION AND NEW TECHNOLOGIES
Name of the Student
Name of the University
Author Note

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Table of Contents
Introduction......................................................................................................................................2
Information system innovation and new technologies....................................................................3
1. Virtual reality...........................................................................................................................4
2. Internet of things......................................................................................................................4
3. Big data analytics.....................................................................................................................5
About Big Data analytics in IS........................................................................................................5
Application of big data analytics.................................................................................................6
Benefits of Big data analytics..........................................................................................................8
Conclusion.......................................................................................................................................8
Bibliography..................................................................................................................................10

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Introduction
Information systems are mainly referred to the system that is being composed for people
for the purpose of managing the information within the organization. The main aim behind using
information system is to support the operations, decision making process and ensures better
management of the system. Information system is mainly composed of five major components
that include hardware, software, database, network and people. These are integrated in such a
way that it can manage the main components. The primary advantages that are being offered
with the use of information system are that it ensures that the tasks are being carried out
effectively. In addition with the use of information system the need of paper work gets
minimized. This ensures that better support is provided towards the organization.
Business innovation within an organization process mainly includes introducing new
ideas, methodologies, services, products and workflows for the purpose of managing the
activities. With the help of introducing innovative ideas in business it becomes easy to manage
the activities that provide better support towards the business activities. The emerging
technology of information system includes big data analytics, Mobile Information Systems,
virtual reality, augmented reality and internet of things. In this paper the focus will be discussing
the concept behind big data analytics. Over years it has been observed that the innovation in
information system has enhanced the performance rapidly.

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Information system innovation and new technologies
Information system objective is to ensure that the developed system is able to make the
performance of the organization easier. With the growing technologies it can be stated that the
information and technology are getting advanced. There are several industries that offer effective
easier for enhancing the life. Information system plays a crucial role in every organization. Thus
it becomes essential to ensure that proper technology is involved behind enhancing the
performance of the organization. Innovation often starts with the concept of generating ideas that
will help in managing the activities and consider the business viability, feasibility and
desirability as an important concept behind the idea generation. Big data analytics involves the
idea of including analytics system and software so that the system can ensure better computing
activities.
Information System innovation is mainly referred to the diverse concept that focuses on
both technical and organizational elements and ensures that it has the potential to cover a wide
range of information system development. It has been observed that the maximum information
system innovation is concerned with the adoption, implementation, diffusion, acceptance and
assimilation of the IT organizational firms. An information system (IS) is referred to a set of
components that focuses on conducting a work together so that they can manage data processing
and storage effectively. The main objective that is being identified in this report is that it helps in
supporting the key aspects behind running an organization successfully. That involves effective
communication process, decision making, record-keeping, and data analysis. Organization uses
these innovations for the purpose improving the business functions and ensures that better
competitive advantages are obtained.

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Innovations are mainly divided into different types. This includes incremental innovation,
disruptive innovation, radical innovation and architectural innovation. These are the basic
innovation that helps in managing the activities. Innovation in information system typically
involves a group of people that focuses on fulfilling the needs. This ensures that the organization
is able to meet the needs of the customer. Thus it is highly advisable to use recent innovations
that will be able to meet the needs. Information systems mainly include a combination of
software, hardware and telecommunication networks. The different innovations in information
system are as follows:
1. Virtual reality
Virtual reality is a recent innovation in the technical field that helps in gaining the
experience of real world. Virtual reality focuses on incorporating the auditory and video
feedback for providing with the best experience towards the users. The main purpose of using
virtual reality is that it uses the computer technology for the purpose of creating a simulated
environment that allows the user to get immersed into the screen and they can interact with the
3D world.
2. Internet of things
Internet of things is the concept of computing that helps in managing the activities.
The internet of things is a system of interrelated computing devices, digital machines, or people
that provides the users with unique identifiers (UIDs). This includes the ability to transfer the
data over a network without the need of human interaction.

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3. Big data analytics
Big data analytics includes the idea of analyzing the structured and unstructured data that
helps in enhancing the performance of an organization. Data analytics includes analysis of
software for the purpose of managing the data. With the help of implementing new ideas in
organization it becomes easy to bring opportunities. This enhances the efficiency of the business
and ensures that each activity is being carried out successfully. The main importance behind
using big data analytics is that it helps in organizational harness and offers better opportunities
for accessing the data. Some basic concepts of big data analytics is that it helps in ensuring better
performance throughout the system.
About Big Data analytics in IS
Big data analytics is referred to the emerging trend of information system. This is mainly
referred to the strategy of analyzing a wide range of data that helps in performing the activities.
Big data analytics ensures that the data scientists are able to evaluate a large volume of
transaction data for the purpose of continuing the business activities. Thus it can be stated that
with the use of big data analytics it becomes easy to manage the information within an
organization. The concept of big data analytics offers a wide range of techniques for analysis of
the data, development of cloud computing and business intelligence. The concept of big data
analytics has gained a huge importance in the field of education, healthcare, and media, in
manufacturing industries and in international development. The big data analytics is used for the
purpose of examining a large variety of data for the purpose of generating results. Big data
analysis will ensure that the system is able to perform effectively within the organization.

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The main advantage that is offered with the use of information systems is that they
possess the ability to provide user with the information that are needed to be managed
effectively. The information system will ensure that all the data are being gathered and managed
successfully without facing any challenges. The main reason behind using information systems is
that it helps in providing an appropriate data set about the organizational functions. Information
systems has the potential to present real-time data as needed and are adaptable to new or
modified information requirements.
Application of big data analytics
Big data analytics offers a great reliability and ensures better performance throughout the
organization. Big data analytics has the potential to analyze huge amount of data for the purpose
of processing the information. The major applications that are offered with the concept of big
data analytics are as follows:
 Education industry: with the growing technology it has been observed that the need of
big data analytics in the field of education has also increased a lot. Education industry is
one of the industries that stores huge amount of data associated with students, courses,
faculty, and results. the main features that are being offered with the transformation of
education system is that it offers better grading system, career prediction, reframing
course material and customized and dynamic learning programs.
 Healthcare industry: the healthcare industry is another industry that focuses on
generating huge amount of data related to the faculties and patients. Thus it becomes
essential to implement proper measures that will contribute towards maintaining the data.
With the use of big data analytics in healthcare it becomes easy to reduce the costs of
treatment as there is less chances of having any unnecessary step in the diagnosis process.

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Apart from this it also helps in predicting the outbreaks related to epidemics. The major
advantage that is obtained with the implementation of big data analytics is that it helps in
preventing diseases by detecting the symptoms at early stages. Big data analytics ensures
that the Patients are provided with evidence-based medicine that are further identified and
prescribed after doing proper research on past medical results.
 Government sector: government plays a crucial role in every country and thus it
becomes essential to analyze the data on daily basis. The main reason behind
implementing big data analytics in government is that it helps in tracking the various
records associated with the citizens, their growth and resources consumed by them. Big
data analytics are mainly used for the purpose of deceit recognition and are also used in
order to catch the tax evaders. Apart from this the big data analytics ensures that the
system is able to overcome the national challenges such as terrorism, unemployment, and
energy exploitation. Big data analytics also ensures that the process of decision making
has became faster regarding the various political programs.
 Media and entertainment industry: Media is one of the influencing industries that
focus on highlighting the needs of the customers. Apart from this it has been observed
that the businesses in the media and entertainment industry have realized the importance
of this data, and they have been able to benefit from it for their growth. The major
benefits that are being extracted from the implementation of media and entertainment
industry includes predicting the personal interests of the audiences, optimizing the
schedule of the media stream and getting proper insights from the customer reviews.

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Benefits of Big data analytics
Big data analytics focuses mainly on predicting the interest of audiences and ensures that
with the help of advertisement they are able to manage their customer base. The main focus is to
ensure that a huge set of data is being organized successfully without facing any challenges. The
major benefits of the big data analytics are as follows:
 Cost reduction: big data analysis is a technology that helps in managing huge amount of
data efficiently that is compatible with other platforms. This ensures that the data stored
is cost effective and ensures better performance throughout the performance of the
business.
 Improves decision making: The concept of big data analytics focuses on providing
better support towards the analysis of the new sources of data. This makes easy to
perform the activities quickly and effectively. Apart from this it also helps in making the
decision faster without facing any challenges.
Conclusion
Thus from the above report it can be concluded that with the help of proper innovation in
the business. The main purpose of information system is that it helps in managing the data within
an organization and ensures that the data can be managed effectively without facing any
challenges. It can be stated that information system plays a crucial role in managing huge
company of data. The report has described the different innovation in information system along
with their characteristics. Thus it can be stated that with the innovative technologies it becomes
easy to manage the performance of an organization. Thus from the above report it can be

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concluded that with the proper implementation of technologies in business it will become
efficient to handle the information system.

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