Internet of Things: Value Chain Analysis in Online Education Sector

This report provides a detailed analysis of the Internet of Things (IoT) and its impact on business information systems, particularly within the online education sector. It identifies and evaluates the characteristics and global importance of IoT, examining its role in connectivity, communication, intelligence, and automation. The report further analyzes organizational opportunities and challenges presented by IoT in education, including advanced services, competition, technological advancements, risk management, and security concerns. A significant portion of the report focuses on the value chain and virtual value chain, illustrating how IoT creates and delivers value within online education businesses like the Online Education Hub, highlighting the importance of digital integration for customer and employee satisfaction. This student contributed assignment is available on Desklib, a platform offering a wealth of study resources for students.

Business information
systems

Contents
INTRODUCTION...........................................................................................................................1
Task 1...............................................................................................................................................1
Identification and evaluation of the characteristics and importance globally of internet
of things.................................................................................................................................1
TASK 2............................................................................................................................................3
A Brief analysis of organizational opportunities and challenges for the education sector
by Internet of Things............................................................................................................3
TASK 3............................................................................................................................................6
The value chain and virtual value chain to analyse the way value is created and
delivered by the business by internet of things..................................................................6
CONCLUSION................................................................................................................................8
References:.......................................................................................................................................9

INTRODUCTION
The business information system is concerned with the modern tools and techniques
which is used by companies for having the smooth performing of operations. The most of
traditional business organisation in recent times are using business information system for having
the growth and expansion. In the project report there is a explanation of business information
system and dimensions in precise manner (Fullana, O. and Ruiz, J., 2021). The project discusses
importance and features of internet of things in a accurate manner. This also comprises an brief
overview for the organisational opportunities and challenges in the sector of education which is
deliberated in deep way. There is creation of value for the business is this project which is crucial
for development of product and service. The example of Online education hub is being
considered in the report which is indulged in offering online education to Britain.
Task 1
Identification and evaluation of the characteristics and importance globally of internet of
things
The internet of things comprises of several aspects which an business organisation uses
for making the organisation more attractive and profitable. The online education hub make use of
automated software for performing operations and activities of company. Internet of things has
several characteristics in online education system which plays an significant role in managing
activities of online education system and briefly discusses several features that are stated below-
 Connectivity- The conception of internet of things is grounded on controlling of different
devices and hardware by any single product. It needs to have well establishment of
connectivity among theses devices. For having effective working of system the
connection needs to be strong. This is used as medium of exchange for information in
online education hub between students and business organisations (Hennel, P. and
Rosenkranz, C., 2021).
 Things- The availability of devices is the basic requirement for this concept. These
devices needs the connectivity features which is connected with single controlling device
and starts to follow command given by controlling devices through the help of sensors.
The physical devices is involved in online education hub with the voice command
devices which can be controlled by their voice.
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 Communication- The internet of things concept is based on established communication
among different devices which enables superior connectivity between several devices and
diverse types of data and information are communicated from one device to another. The
online education hub is an organisation of online education provider which includes high
degree of exchange information.
 Intelligence and action- On the principle of technological intelligence the internet of
things generally works which includes several reactions and actions. While having
interaction with the user it demonstrates the intelligence. The command given by the user
to device, it searches many access and information is analysed by offering most desirable
result to user. When the query raised by the students of online education hub related to
online courses, then system analyses query and instant result is provided of query
(Marsudi, A.S. and Pambudi, R., 2021).
 Automation- The entire thought of the Internet of Things is all about automation. This
automation of business activities enables the company to achieve cost advantages.
Automation is the basic requirement for every modern company. The Online Education
Hub uses the concept of the Internet of Things in its business activities to achieve cost
advantages.
Importance of internet of things in online education hub
The important role is played by internet of things for the organisation success in present
times in market. In this present era each consumer demands automation in every product and
service. The online education hub offers developed and automated software for their users. This
attracts customers from market. There is a brief discussion which is related to several aspects of
importance that are given below-
 Ability of tracking and monitor things- This is one of the main feature in internet of
things which enables the business organisation for finding and monitoring several things
that are important in the business operations. The devices involved in the internet of
things can have proper check of quality and continuously replacing the product without
actual physical involvement. The system of online education hub replace outdated and
irrelevant information automatically from the company system (Masa’Deh, R.E and
et.al., 2021).
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 Decrease workload with automation- The Internet of Things enables the organization
to automate its business activities, which ultimately reduces the workload of its
employees. It makes all activities complete on time with great superiority. The Online
Education Hub deals with the education sector which is associated with a lot of
paperwork, but the concept of the Internet of Things decreases all paperwork and does all
work online and reduces the amount of work.
 Increases efficiency by saving money and resources- The concept of the Internet of
Things encompasses automated business processes. It ensures the efficient and effective
implementation of all corporate organization activities. This function helps the company
to take advantage of cost advantages. Efficiency at work always means using resources
appropriately. The Online Education Hub provides students with online education that
doesn't involve physical classrooms. The company saves the cost of physical classrooms.
TASK 2
A Brief analysis of organizational opportunities and challenges for the education sector by
Internet of Things
The Internet of Things is considered an essential element for the company's expansion
and growth as it is powered by information and technology. There are several opportunities
created by the Internet of Things and it also makes the organization or business unit advance in
the marketplace. In addition, due to the effects of the Internet of Things, the economic units are
also facing various challenges on the market (McKelvey, B., 2021). The business organizations
in the market should use various opportunities in an effective manner for the growth and
expansion of their current business. It is also critical for the business to implement important and
modern techniques that are part of the development of the Internet of Things to bring stability to
the business.
The opportunities which are available to Online Education Hub-
Every organisation in the corporate world considers an effective approach which is
beneficial for the operations enhancement. The main opportunists for online education Hub is
mentioned as below-
 Advanced products and services- The products and services as well as their perfect
provision should be present in the organization in an essential sense. Products and
services should evolve according to the choice of business to allow for significant
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business expansion. Advanced products and services with their sales channels should be
developed by a business unit in order to increase the company's sales.
 Lead from competition- In the global and international market, it is important for the
company to lead the competition with uniqueness of products and services. The business
organization should also develop an effective approach that mainly includes what steps
the company should take to grow effectively over a given period of time. The company
should also take the time factor into account with the help of perfect time management. A
company's number one priority should be to be the world leader in delivering innovation
in products and services. The company should also develop a plan that includes the
combination of all the necessary factors that will be effective for the company's growth
(Shang, T and et.al., 2017).
 Technological advancement- The main goal of the IT department in the company is
advancement of technology, which consider the advancement of all operations. Many
companies make targeted use of information and technology to drive business growth.
The organization brings uniqueness to the product through innovation, which leads to
building the company's market reputation. In the current competitive scenario, large
companies in the world market place great emphasis on advanced technology-related
operations for the future development of the company. For the company this is also an
crucial role in determining various factors that are effective in bringing about the desired
change in the product. Technological progress is considered to be one of the most
important factors available to a company in order to lead the world market.
 Flexibility in operations- The another opportunity that an business organisation have
through digital development is flexibility in major operations. The most of companies in
competitive market assist management of top level in order to have stability and
flexibility. There are several business organisation that needs to focus on developing
flexibility and dynamic functions for gain of desired development. In the international
market the companies should have regular development for precise business plan which
can be effective in gaining goal of business (Pour, M.J. and Asarian, M., 2018).
Major challenges that are faced by the business:
 Risk management- It is an important step in risk management which is taken by every
business as this is becoming challenging for the organisation to face risk in market. In the
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market risk with the expansion of business organisation it comes as major disadvantage
which needs to handled by the organisation. The management of risk needs an utmost
care and business responsibility for the survival with increasing number of customers.
The advice of strategic management is taken by online education hub in order to have
minimization of risk associated with operations. The company can develop and use
notable risk management models that is essential for the growth of business.
 Privacy and security- In the IT department the privacy and security are the two major
concerns which needs be taken care by the business firms. There needs to be protection of
different customers data in well defined manner foe facilitating growth of business in
short span of time. In the marketplace, privacy and security are major concerns for
customers when they reach a company (Nisula, K. and Pekkola, S., 2018).
 IT laws and regulations- The several information and technology related laws are
formulated by the government in global and national market which are crucial in
maintaining IT policies. The assistance is taken by business organisation from top level
management for the application of all IT related rules and regulations. The business
organisation also focuses on employees growth as well as customer satisfaction.
 Requirement of skilled and trained IT officials- The digital business in technology
related is a perfect requirement for chief IT officials that is very costly. The cost and
budget needs to be raised by the business organisation for the company in order of
performing major rules and regulations. The company must incur heavy costs on the
recruitment of IT professionals in the aim of increasing growth in marketplace. For the
achievement of desired objectives several companies like online education hub needs to
focus on building suitable employee relations.
 Machine related errors- In technology there is more chances of machine related errors
and sometimes fails in job. In the global market the companies faces several machine
related activities which creates huge impact on the market impression and on consumers.
This is important for developing a perfect technology that is related to machine and errors
for the business long term growth (Kumar, A., 2018).
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TASK 3
The value chain and virtual value chain to analyse the way value is created and delivered
by the business by internet of things
In the company value chain is the most important part which helps in deciding what kind
of customer and employee satisfaction the company will develop. It is also an important function
of the company to incorporate digital business-related activities for the benefit of the entire
organization. The implementation of the value chain in the company is important because the
value chain leaves a deep impression on the market (Ritchi, H and et.al., 2020). The business
unit should focus on developing values in people and functions in order to achieve sustainability
in the marketplace. There are several avenues and methods of developing the Internet of Things
in education. In the education sector, it is imperative and mandatory for companies to innovate
from time to time using the Internet and technology. In the marketplace several companies have
application of major techniques which is effective in control of product caring. The information
and technology in recent times plays an key role for the creation of value chain in business which
is crucial duty for every organisation.
The business organisation in most of times implements effective approaches that
comprises planning and controlling of several operations. In the market various successful
companies focuses on bringing development for particular time period while developing
numerous ways of running business. The global companies in the corporate world are mainly
focused on developing the business by creating a value chain to survive in the market.
Companies should regularly develop a master plan that effectively minimizes the risk associated
with operations. Most of the companies in the domestic market try to come up with a perfect
strategy that is crucial for the company's growth and development. It is also important for the
company to develop the value chain accordingly in order to build a well-known company in the
market (Nudurupati, S.S and et.al., 2021).
Importance of value chain for Online education hub:
 Business development- The business organization should develop a precise approach
that is essential to the development of the entire business unit. It is important for the
company to develop an accurate plan related to the company's effective development.
The trading company should also emphasize development goals for rapid expansion in
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the market. It also helps in developing goodwill in the company. Creating a value chain is
important for the company as it helps in developing various market opportunities.
 Competitive strength- It is important to formulate the company's competitive strength in
the market in order to achieve competitive advantages. The company must also ensure
that it is vital for it to conduct various activities and operations with the approval of
management (Petratos, 2021). Competitive strength is a key factor in increasing the
company's sales and it is also important to develop effective competition. The lead in
competence is built up with the help of the large value chain. The company's risk
management should also be effective in order to formulate a development plan that is
productive on the market (Janvrin, D.J. and Watson, M.W., 2017).
 Organisational growth and expansion- Growing and expanding in what is currently the
competitive marketplace is a company's primary goal. The value should be developed in
the Internet of Things as it contributes to a high level of customer loyalty, which
indirectly contributes to increasing the company's sales. The online education center will
have rapid growth with a valuable strength in the market. Most of the companies in the
market enlist the assistance of strategic human resource management, which is effective
in developing an effectiveness plan. The business organization such as Online Education
Hub should come up with a plan in the market that contains detailed information about
future steps of the business
 Efficiency and effectiveness: In order to bringing the effectiveness and efficiency in the
market, the organisation is required to maximize the efficiency in their operations. In the
business functions, specially in the human resource and finance department, it is required
to add the values in the operations of business organisation. The top level management of
business organisation is responsible to develop such measures which can bring
effectiveness in the business operations (Moh’d Anwer, A.S., 2019). The growth and
development of company is the only result of effectiveness and efficiency in the business
activities. The creation of values is also an important act which is being performed by the
top level management of organisation. The management is required to create
effectiveness in a short span of time as it leads to the growth of business.
 Adding value for a product: By the use of value chain, the business have to add precise
value in the products. For the purpose of gaining effective edge, value addition plays an
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important role. The online education hub is following a critical business strategy which is
working for adding the values in the existing product of organisation. Several of
customers demand only for the product having the values in the market. It also result in
the effective growth and development of organisation (Bavorova, M and et.al., 2017). It
is consider as the major function for the department of research and development as it
make sure about the fair practices which plays an important role in the expansion of
business organisation.
Analysis: The effective way of improving the quality of product and service is to do the
addition of values which also leads to the overall growth of organisation along with the increase
in the sales of products and services. It is suggested to all the international and domestic
organisations to add the values as it result in the overall success of organisation. The major
function of a business is to develop strategic and professional management for the development
of business. The well trained and IT professionals are necessary to perform the functions of
technology in an effective and efficient manner. In order to control the major changes related to
the contemporary technology, IT department has vital role (Heidari, M and et.al., 2021).
CONCLUSION
It has been concluded from the above report that internet is playing an important role in
the development of business organisation. It is necessary for the traditional business to focus on
the internet things as it bring the advancement in the business organisation. In addition to this, it
has been also analysed that the business organisations are required to recruit the professionals
and the people having skills of IT so that they can easily tackle the several business related
functions. The business organisations are suggested to bring the advance technology at their
work place which are developed in this 21st century as it makes the business operations easier
and effective. The addition of values in the products and services of a business organisation also
result in the growth and expansion of business.
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References:
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