Free

IBM: Key Information Management Concepts - Essay Example

Comments (0) Cite this document
Summary
The aim of the current research is to introduce the key information management concepts of the IBM Corporation. IBM services are IT solutions such as cloud computing, database services, business stability and resiliency, mobility, and security amenities…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93.5% of users find it useful
IBM: Key Information Management Concepts
Read TextPreview

Extract of sample "IBM: Key Information Management Concepts"


IBM: Key Information Management Concepts
Background
IBM (International Business Machines) is a universally incorporated innovations and consulting organization centered in Armonk, New York (IBM, n.d.). Even though incorporated in 1911 as a “computer-tabulating” enterprise, IBM’s first operations go as far back as 1888 this invention of pioneering dial recorder. Today, IBM is operational in 170 nations (IBM, n.d.). IBM’s current main executive leadership includes Virginia Rometty (President), a Colleen Arnold (Senior Vice President IBM’s Sales and Distribution), Simon Beaumont (Vice President), Martin Jetter (Senior Vice President of IBM Global Technology Services), Bridget van Kralingen (Senior Vice President of IBM Global Business Services), and Robert Picciano (Senior Vice President of IBM Analytics) (IBM, n.d.). IBM products include storage devices, networking, software, standard software products series, retail store commodities, PCs, and printing hardware. IBM services are IT solutions such as cloud computing, database services, business stability and resiliency, mobility, and security amenities (IBM, n.d.).
Fig 1: IBM’s First Dial Recorder
Key Concepts
1. Acquisition Strategy- Paying the appropriate price is the key step in IBM’s acquisition strategy, which it leverages by tackling any integration challenge present (Groenfeldt, 2012).
Fig 2: IBM’s acquisition patterns
2. Reward Strategy-Cutting-edge reward innovations centered on assisting partners and clients to develop approaches and programs that align their businesses with their cultures leverage IBM’s reward approach (Piccoli, 2012).
Fig 3: IBM’s reward approaches
3. Personalization Strategy-IBM uses ExperienceOne to scale all sorts of personalization requests by customers using many of its devices and media (IBM, n.d.).
4. Industry Analysis- IBM has a 45% share of the IT solutions market and industry that has an expenditure exceeding $2 trillion (IBM, n.d.).
5. Value Chain- Smarter Commerce is IBM’s method of leveraging this concept by prioritizing the customer’s needs within all operations and reviewing critical consumer and operational information (Piccoli, 2012).
Effects of the Key Concepts
1. IBM already has arguably the best acquisition strategy in the lighting solution set because of its rich history of successful acquisitions (Harris, 2015). IBM always pays a premium for business’ existing market value so that it can benefit from these innovations by integrating them with IBM’s already existing products and services.
2. A reward strategy outside software, market information, and executive compensation information would enable IBM to invest to invest wisely in consumers and partner organizations.
3. IBM’s ExperienceOne personalization Strategy helps it know customers and partners better, and integrate computerization that helps it actively turn this knowledge into significant dialogues.
Fig 4: IBM’s ExperienceOne
4. A comprehensive industry analysis would help IBM view the IT solutions sector as a whole and influence it more as a key player in cloud-based services, Big Data, virtualization, and social and flexibility services.
Fig 5: IBM’s industry overview
5. Smarter Commerce expands IBM’s value chain by extending sources of data concerning multimedia purchase behaviors and social networking material viewed and bought by its customers.
Fig 6: Evidence of the positive effect of IBM’s smarter commerce
IM Leader
An IM leader should be mindful of empowered customers when considering the value of the value chain. IBM’s customers are largely empowered by innovation, transparency, and rich sources of information. The value of Big Data is also important when considering the value of an acquisition strategy. IBM considers Big Data bed available when acquiring a new enterprise. Becoming distinctly visible in the IT solutions market can be very beneficial for IBM when considering the value of its reward strategy (Piccoli). Making consumer involvement quicker and simpler with proven tools that easily interact with other devices and systems is crucial for determining the value of a personalization approach.
References
Groenfeldt, T. (2012). IBM Best In The Business At Acquisitions Says SVP. Forbes. Retrieved from http://www.forbes.com/sites/tomgroenfeldt/2012/10/22/ibm-best-in-the-business-at- acquisitions-says-svp/
Harris, A. (2015). A Quick Guide to IBM’s Analytics Acquisitions, Strategy. Silicon Angle. Retrieved from http://siliconangle.com/blog/2013/02/05/a-quick-guide-to-ibms-analytics- acquisitions-strategy/
IBM. (n.d.). Background. IBM. Retrieved from https://www- 03.ibm.com/press/us/en/background.wss
IBM. (n.d.). Compensation and rewards. IBM. Retrieved from http://www- 03.ibm.com/software/products/en/category/compensation-rewards
IBM. (n.d.). Empower marketing, merchandising, sales and customer service. IBM. Retrieved from http://www-01.ibm.com/software/marketing-solutions/experienceone/
IBM. (n.d.). Executive officers. IBM. Retrieved from http://www.ibm.com/investor/governance/executive-officers.html
IBM. (n.d.). Products. IBM. Retrieved from http://www.ibm.com/products/us/en/?lnk=mpr-0- usen
IBM. (n.d.). Services. IBM. Retrieved from http://www.ibm.com/technologyservices/us/en/?lnk=mse-0-usen
Piccoli, G. (2012). Essentials of Information Systems for Managers. New York: Wiley. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“IBM: Key Information Management Concepts Essay Example | Topics and Well Written Essays - 500 words - 1”, n.d.)
IBM: Key Information Management Concepts Essay Example | Topics and Well Written Essays - 500 words - 1. Retrieved from https://studentshare.org/information-technology/1684787-name-your-own-topic
(IBM: Key Information Management Concepts Essay Example | Topics and Well Written Essays - 500 Words - 1)
IBM: Key Information Management Concepts Essay Example | Topics and Well Written Essays - 500 Words - 1. https://studentshare.org/information-technology/1684787-name-your-own-topic.
“IBM: Key Information Management Concepts Essay Example | Topics and Well Written Essays - 500 Words - 1”, n.d. https://studentshare.org/information-technology/1684787-name-your-own-topic.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF IBM: Key Information Management Concepts

Strategy Analysis For IBM

... from the company. Due to strong financial position in the market the company invests a huge amount of the revenue into the Research and Development division which facilitates the process of innovation and discover new products for the company to manage their cost of products. Technological advancements and innovation plays a vital role for the company to offer products at much lower price than its competitors in the market. The key strategy adapted by IBM is to delay its entry into the market till the market is developed for better impact of IBM’s strength into the competitive scenario (Grant, 2010, p. 308). Lastly the strategic focus towards dynamic capabilities provides the best alternative for the firm to dominate the market... tax...
23 Pages(5750 words)Research Paper

IBM

...does not have to worry about how things are being managed secretly in the cloud since the cloud is in charge for being extremely accessible as well as receptive to the requirements of the application (TechRepublic, 2008), (Hartig, 2009) and (TechTarget, 2007). This paper presents analysis of a real-life application of new technology at Amazon. This paper will analyze the application of new communication technology like wireless and "cloud computing" at Amazon. Cloud Computing at Amazon’s Business Amazon.com Inc., is one of the largest online sellers, has launched a new service that is focused on facilitating the management about making an easy management of their computing as well as web...
2 Pages(500 words)Research Paper

Key Concepts of Organizational Design

...? Key Concepts of Organizational Design Number Key Concepts of Organizational Design Organizational design is an essential component of any given enterprise that seeks to reap full benefits of business related activities and operations. A number of relationships are defined prior to organizational design. Organizations lay down strategies that are aimed at achieving predetermined and desired results. The structure of the organization is fundamental, and it should be identified right from the design (Jones, 2004). On the same note, the organizational processes are integral to the design adopted. In other words, organizational design outlines the relationship between the...
4 Pages(1000 words)Essay

IBM

...Officers in Cognos an IBM company for better financial performance management: Market Opportunity Value ($): structuring of business to include development of the product, sales and marketing, areas which revenue opportunities cut across, is necessary; Realized Value ($): one should have an overview of the effects occurring on profits as a result of the efforts driving revenue; Customer Retention (%) and Customer Acquisition (%): one should answer questions on the effectiveness of the strategies to acquire customers. Although the Cognos focus coverage on finance, information should include environmental issues of business as a key component since the company in its sold...
9 Pages(2250 words)Essay

Key Constitutional Concepts

...Key Constitutional Concepts Summary The video documentary starts by presenting the Constitution and the reason why it became necessary to have aconstitution in the first place. The three documentary videos inspect key constitutional concepts. The first video enlightens why the leader of the nation created the Constitution. In the second video, the documentary talks about the protecting individual rights by emphasizing the Supreme Court case of Gideon v. Wainwright. This case affirmed the right to an attorney. Finally, the last video discusses power separation by inspecting the Supreme Court case of Youngstown v. Sawyer. This case is significant as it challenged President...
1 Pages(250 words)Movie Review

IBM

... percent net profit margin. The total amount is favourably higher than the 12 percent net profit margin generated by industry competitors. The company’s return on equity figure indicates the company generated a favourable 31 percent return on equity. The ratio is favourably higher than the industry average of 15 percent. The ratio deals with how long management or the owner can recover the amount invested in the business. Ratio IBM Industry Average Remarks Receivables Turnover 3.3 times 6 times IBM is better than Industry Days Sales Outstanding 18 days 60 days IBM is better than Industry Receivables Turnover                 Net Credit Sales = 104507 = 3.30954     Average receivables 31577.5                 Days Sales Outstanding... ...
2 Pages(500 words)Essay

Key concepts

...Key Concepts Affiliation Key Concepts The four disciplines of anthropology are biological, linguistic, cultural, and archaeology. Biological anthropology concern the biology of human beings, linguistic is about language, cultural talks about culture and archaeology comprises man-made technology and material (Lassiter, 2009). Applied anthropology concerns how anthropology is applied in tackling human issues. Holism seeks to not only look at specific areas of anthropology, but the whole. Hence, according to holism, human beings are comprehended as both cultural and biological, beings that have existed now and in the past. On the other hand, comparativism is the investigation of contrasts and parallels in humans. This involves... Concepts...
1 Pages(250 words)Assignment

IBMs Use of Information Management Concepts

...IBM’s Use of Information Management ConceptsIBM, “International Business Machines Corporation” is a consulting and multi-national technology corporation in America with its headquarters in New York, Armonk. IBM conducts the manufacture and sale of computer software and hardware: personal computers, systems and storage, and offers various services which include: business, IT, outsourcing, hosting, infrastructure and consulting services in mainframe computers. It was founded in 1911 by Charles Ranlett Flint, and serves 170 countries. Its revenue and employees in 2014 was US $ 92.793 Billion and 379,592 respectively. The executive...
2 Pages(500 words)Essay

Key concepts of calculus

...Key Concepts of Calculus is the mathematical way of writing that a function of x approaches a value L when x approaches a value a. For example, if , we can say that which is apparent from the table below x f(x) x f(x) 9 0.111111111 10.1 0.099009901 9.9 0.101010101 10.01 0.0999001 9.99 0.1001001 10.001 0.099990001 9.999 0.100010001 10.0001 0.099999 9.9999 0.100001 10.0001 0.099999 9.99999 0.1000001 10.00001 0.0999999 9.999999 0.10000001 10.000001 0.09999999 9.9999999 0.100000001 10.0000001 0.099999999 9.999999999 0.1 10.00000001 0.1 10 0.1 10 0.1 The closer x becomes to 10, the closer the f(x) becomes to 0.1 and here this is bidirectional Yes it is possible for this to be true in case as is evident from ...
2 Pages(500 words)Essay

BlackBerry: Key Information Management Concepts

...BlackBerry: Key Information Management Concepts Background BlackBerry was created in 1984, is currently headquartered in Waterloo, Ontario, and has subsidiaries in North America, Europe, Asia-Pacific, and Latin America (BlackBerry, 2015). In 1999, BlackBerry transformed the telecommunications sector by entering and introducing innovative mobile technology. Incorporated in 2003, BlackBerry today is a provider of wireless tools consisting of smartphones, wireless services, and mobile security software (BlackBerry). BlackBerry’s main executive leadership comprises a Chief Executive Officer (John Chen), a Chief Operating Officer (Eric Johnson), an Executive Vice President...
2 Pages(500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic IBM: Key Information Management Concepts for FREE!

Contact Us