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IT for Management Emerging trends in IT
E-commerce is referred as a way of carrying business communications and transactions using computers over internet or any other network. Transaction is referred as exchanges taking place between two entities. E-commerce
B2C B2B B2A C2C Types of E-commerce
B2B E-commerce can also be used to Develop, retain and cultivate relationships with customer Streamline the supply chain, manufacturing, procurement process and automate corporate processes to deliver the right product and services to right customer quickly and cost effectively Capture, analyze and share information about customers and company operations in order to make better decisions B2B
B2A applications include submission of planning applications, tax returns or patent registration. B2A
There exist five important processes in an E-commerce lifecycle Information sharing Ordering  Payment Fulfillment Support and services Processes in E-commerce
E-cash E-cheque Credit card Types of electronic payment
24X 7 Reduced price Global marketplace Increased potential market share Low cost advertising Low start up cost Secure payment system Lower cost of practising business Advantages of E-commerce
Unable to examine products personally H/W and S/W Distribution problems Maintenance of website Costs Customer loyalty Training and maintenance Security Disadvantages of E-commerce
EDI referred as electronic transmission of routine business documents such as purchase orders, invoices etc between computers in standard format. EDI is transmission of business data between two machines  EDI is defined as a collection of public standard message formats and a data element dictionary that allows trading partners to exchange data in a simple way using any electronic messaging service.  EDI
Eliminate manual data entry Improve data consistency Increases compatibility Common set of commercial tools and processes EDI benefits
Most of the real benefits are strategic and intangible in nature. Different approach to cost-benefit analysis is required EDI limitations
Mobile phone services SMS MMS WAP,WML Mobile communication
Infotainment Whether forecast Messaging Personal information manager Financial services E-banking, E-commerce Location based services Few new services
It is a satellite based navigation system, which is made up of a network of satellite placed into orbit by the US department of defense. Comprises of 27 satellite GPS (Global Positioning System)
Some useful application are Aircraft Tracking Vehicle tracking System Surveyors  military weapons GPS (Global Positioning System) application
Loyalty and stored value Securing information and physical assets E-commerce Personal finance Healthcare Campus identification and access Smart card application
Worldwide Interoperability for Microwave Access The Institute of Electrical and Electronics Engineers (IEEE) 802 committee (802.16 ). connectivity at speeds up to 70 Mbps  Wimax
WIMAX
WiMAX system consists of two parts:  WiMAX Base Station: Typically, a base station can cover up to 10 km radius. WiMAX receiver: could be a stand-alone box or a PC card. Goal of WIMAX: Provide high-speed Internet access to home and business subscribers, without wires. How Wimax works
Introduction A WIMAX tower An example of WIMAX receiver  : PCMCIA card
Wi-Fi (Wireless Fidelity) is a set of technologies that are based on the IEEE 802.11a,b, and g standards. Wi-Fi is considered to be one of the first widely deployed fixed broadband wireless networks. The Wi-Fi architecture consists of a base station that wireless hosts connect to in order to access network resources. As long as the users remain within 300 feet of the fixed wireless access point, they can maintain broadband wireless connectivity. Wi-Fi is the Predecessor of WiMax
Simplicity and ease of deployment given that it uses unlicensed radio spectrum which does not require regulatory approval. Cost of rolling out this wireless solution is low. Users are able to be mobile for up to 300 feet from the access point. There are many Wi-Fi compatible products that are available at a low cost and can interoperate with other network technologies. Wi-Fi clients can work seamlessly in other countries with minimal configuration. Strengths of Wi-Fi
Designed technically for short-range operations and basically an indoors technology. Security is a concern. Weaknesses of Wi-Fi
WiMax eliminates the constraints of Wi-Fi. Unlike Wi-Fi, WiMax is intended to work outdoors over long distances. WiMax is a more complex than Wi-Fi. WiMax is not intended to replace Wi-Fi. Instead, the two technologies complement each other. Relation of Wi-Fi and WiMax
Railways Banking Insurance Airlines Inventory  Hotel industry Education Telecom sector Games Financial services and Information kiosk Class Assignment

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Emerging trends in it

  • 1. IT for Management Emerging trends in IT
  • 2. E-commerce is referred as a way of carrying business communications and transactions using computers over internet or any other network. Transaction is referred as exchanges taking place between two entities. E-commerce
  • 3. B2C B2B B2A C2C Types of E-commerce
  • 4. B2B E-commerce can also be used to Develop, retain and cultivate relationships with customer Streamline the supply chain, manufacturing, procurement process and automate corporate processes to deliver the right product and services to right customer quickly and cost effectively Capture, analyze and share information about customers and company operations in order to make better decisions B2B
  • 5. B2A applications include submission of planning applications, tax returns or patent registration. B2A
  • 6. There exist five important processes in an E-commerce lifecycle Information sharing Ordering Payment Fulfillment Support and services Processes in E-commerce
  • 7. E-cash E-cheque Credit card Types of electronic payment
  • 8. 24X 7 Reduced price Global marketplace Increased potential market share Low cost advertising Low start up cost Secure payment system Lower cost of practising business Advantages of E-commerce
  • 9. Unable to examine products personally H/W and S/W Distribution problems Maintenance of website Costs Customer loyalty Training and maintenance Security Disadvantages of E-commerce
  • 10. EDI referred as electronic transmission of routine business documents such as purchase orders, invoices etc between computers in standard format. EDI is transmission of business data between two machines EDI is defined as a collection of public standard message formats and a data element dictionary that allows trading partners to exchange data in a simple way using any electronic messaging service. EDI
  • 11. Eliminate manual data entry Improve data consistency Increases compatibility Common set of commercial tools and processes EDI benefits
  • 12. Most of the real benefits are strategic and intangible in nature. Different approach to cost-benefit analysis is required EDI limitations
  • 13. Mobile phone services SMS MMS WAP,WML Mobile communication
  • 14. Infotainment Whether forecast Messaging Personal information manager Financial services E-banking, E-commerce Location based services Few new services
  • 15. It is a satellite based navigation system, which is made up of a network of satellite placed into orbit by the US department of defense. Comprises of 27 satellite GPS (Global Positioning System)
  • 16. Some useful application are Aircraft Tracking Vehicle tracking System Surveyors military weapons GPS (Global Positioning System) application
  • 17. Loyalty and stored value Securing information and physical assets E-commerce Personal finance Healthcare Campus identification and access Smart card application
  • 18. Worldwide Interoperability for Microwave Access The Institute of Electrical and Electronics Engineers (IEEE) 802 committee (802.16 ). connectivity at speeds up to 70 Mbps Wimax
  • 19. WIMAX
  • 20. WiMAX system consists of two parts: WiMAX Base Station: Typically, a base station can cover up to 10 km radius. WiMAX receiver: could be a stand-alone box or a PC card. Goal of WIMAX: Provide high-speed Internet access to home and business subscribers, without wires. How Wimax works
  • 21. Introduction A WIMAX tower An example of WIMAX receiver : PCMCIA card
  • 22. Wi-Fi (Wireless Fidelity) is a set of technologies that are based on the IEEE 802.11a,b, and g standards. Wi-Fi is considered to be one of the first widely deployed fixed broadband wireless networks. The Wi-Fi architecture consists of a base station that wireless hosts connect to in order to access network resources. As long as the users remain within 300 feet of the fixed wireless access point, they can maintain broadband wireless connectivity. Wi-Fi is the Predecessor of WiMax
  • 23. Simplicity and ease of deployment given that it uses unlicensed radio spectrum which does not require regulatory approval. Cost of rolling out this wireless solution is low. Users are able to be mobile for up to 300 feet from the access point. There are many Wi-Fi compatible products that are available at a low cost and can interoperate with other network technologies. Wi-Fi clients can work seamlessly in other countries with minimal configuration. Strengths of Wi-Fi
  • 24. Designed technically for short-range operations and basically an indoors technology. Security is a concern. Weaknesses of Wi-Fi
  • 25. WiMax eliminates the constraints of Wi-Fi. Unlike Wi-Fi, WiMax is intended to work outdoors over long distances. WiMax is a more complex than Wi-Fi. WiMax is not intended to replace Wi-Fi. Instead, the two technologies complement each other. Relation of Wi-Fi and WiMax
  • 26. Railways Banking Insurance Airlines Inventory Hotel industry Education Telecom sector Games Financial services and Information kiosk Class Assignment