Contact Us
Sign In / Sign Up for FREE
Go to advanced search...

Managerial Applications of Technology (Business Intelligence and Knowledge Management) 2 - Assignment Example

Comments (0) Cite this document
It has given a totally new dimension to the manner in which the operations and business functions were being undertaken previously. As a result of this, the overall…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.5% of users find it useful
Managerial Applications of Technology (Business Intelligence and Knowledge Management) 2
Read TextPreview

Extract of sample "Managerial Applications of Technology (Business Intelligence and Knowledge Management) 2"

Business intelligence has become one of the most powerful tools of modern day business and corporate world. It has given a totally new dimension to the manner in which the operations and business functions were being undertaken previously. As a result of this, the overall outlook of business enterprises and co relationship between the client and service provider has changed remarkably towards positive side of the relationship.
IBM, Oracle, SAP and Microsoft are few of the many prime examples of the companies making use of this utility tool and maximize its overall performances (Donovan, 2013).
Increase the data and computational power serves towards the benefits of the organization. The data availability allows for clear tracing of the facts, records and performance in terms of quantitative function and appearance. The computational power increase enables more data handling, and faster response and resolution of the problems and queries. The two are mere advancements of the field of technology made possible through the business intelligence support system. The impact of these two functions is rapid delivery rates and increased participation of the employees in the working procedures. These three variables work in a complementing manner towards one another.
The possible costs of this massive expansion could be the need for establishing maintenance costs. Training the employees to work on the state of the art technology based networks is another constraint. Possible appearance of bug in the network may be another cost and constraint (Levinson, Bell, & Liu, 2011, p. 194).
More data nearly always means better decision making. Since it allows clear litmus like test of the performance, achievements and the dates and objectives missed in the quantitative terms. Hence it can be easily advocated for that the data expansion and using business intelligence systems always pays dividends in the form of improved performance, self assessment and better employees understanding (Quintero, 2010).
Donovan, F. (2013, Feb 20). Gartner: Microsoft, Oracle, IBM lead BI and analytics market. Retrieved from fierceenterprisecommunications:
Levinson, D., Bell, M., & Liu, H. X. (2011). Network Reliability in Practice: Selected Papers from the Fourth International Symposium on Transportation Network Reliability. Springer Science & Business Media,
Quintero, D., Rosca, L., Lam, T., & Alves, B. (2010). Exploiting IBM PowerVM Virtualization Features with IBM Cognos 8 Business Intelligenc. IBM Redbooks,. Read More
Cite this document
  • APA
  • MLA
(“Managerial Applications of Technology (Business Intelligence and Assignment - 1”, n.d.)
Managerial Applications of Technology (Business Intelligence and Assignment - 1. Retrieved from
(Managerial Applications of Technology (Business Intelligence and Assignment - 1)
Managerial Applications of Technology (Business Intelligence and Assignment - 1.
“Managerial Applications of Technology (Business Intelligence and Assignment - 1”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Managerial Applications of Technology (Business Intelligence and Knowledge Management) 2

Managerial Applications of Technology - Final

... recently acquired knowledge of the subject how will you define and describe these “digital” attributes of today’s business world? What are the characteristics of Information Technology (IT) in the digital world? Your manager is interested in your thoughts regarding how to leverage technology to its greatest extent. What are some factors that influence IT adoption? What steps will you suggest to ensure that your business plan and strategy will have a corresponding IT plan and strategy will be properly aligned? What challenges will you face in achieving this alignment? How will you approach this strategic planning process? Answer 6: The issue of digitalized world or digitalized enterprises is no more a new phenomenon. Every year... in...
7 Pages(1750 words)Case Study


...?KNOWLEDGE MANAGEMENT SYSTEMS/APPLICATIONS Knowledge Management Systems/Applications Affiliation Knowledge management hasbecome a very important business process of the organizations. For the management of business knowledge organizations make use of knowledge management systems. In this scenario, a knowledge management system is a kind of information system which is used to manage the knowledge within organization. This paper is aimed to...
9 Pages(2250 words)Research Paper

Business Intelligence Technology Issues

...make better business decisions. BI applications include the activities of decision support, query and reporting, online analytical processing (OLAP), statistical analysis, forecasting, and data mining.” (Sauder, 2011) and, “Normally describes the result of in-depth analysis of detailed business data. Includes database and application technologies, as well as analysis practices. Sometimes used synonymously with "decision support," though business intelligence is technically much broader, potentially encompassing knowledge management, enterprise resource planning, and data mining, among...
4 Pages(1000 words)Assignment

Knowledge Management and Business Intelligence

...of the report is to understand the importance of Knowledge Management Systems in an organisation and the process of achieving it through the applications of Business Intelligence solutions. This objective is studied in reference to a sports retail company Solent Sport’s. 2. Business Analysis Solent Sport in question appears to be a relatively well established and reasonably profitable firm that has been within the market for a number of years. However, as with most firms that have experienced growth and achieved a level of stasis, many cultural and technological carryovers from the past have clung with...
28 Pages(7000 words)Assignment

Business Intelligence - Assignment 2

...BUSINESS INTELLIGENCE Assignment 2 The daily trade to import or export a production is known to be a business. On the globe around there are numberof daily usage products that are manufactured and produce for the sale. Certainly, sale is not easy and though there are number of ways to manage it. Teens_R_Us is also a business managing company that takes a large amount of clothing from different qualified suppliers and sale them in big stores with their company label on them. This specialized apparel sale company is a big retailer of Australia and this took almost 7 years to make their position in the worldwide scope. They...
7 Pages(1750 words)Case Study

Managerial Applications of Technology introducton 2

... have their offices at the reception. Additionally, the company has provided a friendly working environment. The company premises is maintained and continuously improved by a supportive workforce (Sounderpandian, 2007). References Boar, B. H. (2002). The Art of Strategic Planning for Information Technology. John Wiley & Sons. Sounderpandian, J. (2007). E-business Process Management: Technologies and Solutions. Idea Group Inc (IGI). Steiner, G. A. (2010). Strategic Planning. Simon and Schuster,.... IT’S STRATEGIC PLAN The operations manager in the organization has a role of ensuring the company has achieved its goals and expectations. Finding time to prepare the best IT strategic plans will result to the company achieving...
1 Pages(250 words)Assignment

Managerial Applications of Technology (Ethical Hacking)2

...Managerial Applications of Technology (Ethical Hacking) As their goes, ethical hackers are hackers who comply with the expectations of an organization, thus cannot breach their operation codes (Hafelee, 2004). This means that their actions can be ethical and still effective in that they secure an organization’s IT system by detecting their faults and strengthening them. In securing their information systems, managers have to consider factors such as the sensitivity of the information (say like employees’ private data), who the information is being revealed to (the hacker), the potential reactions that may result if the information leaks, and finally the credibility of the...
1 Pages(250 words)Assignment

Managerial Applications of Technology (Virtual Workforce) 2

...MANAGEMENT OF VIRTUAL WORKFORCE Management of virtual workforce There are a number of ways through which technology has influenced the utilization of remote workers. Through technology, organizations can be able to monitor the contribution and progress of remote employees. For instance, a business organization can choose to use an online portal where a remote worker’s job progress can be reviewed. Technology also helps in connecting the organization to their virtual worker for proper communication. This enables the virtual workers and those available physically to be able to work as a single unit (Hill, Ferris & Märtinson, 2003)....
1 Pages(250 words)Assignment

Managerial Applications of Technology (Virtual Workforce) 3

...MANAGERIAL APPLICATIONS OF TECHNOLOGY Managerial Applications of Technology There are a number of ways through which technology facilitates the utilization of remote employees. One of these ways is that technology through the internet and its applications enables organizations to connect to the remote workers. Through such connections, remote employees can function as part of an organization despite the geographical distance. The other way through which technology enables utilization of remote workers is through facilitating communication. For instance, video conference...
1 Pages(250 words)Assignment

Managerial Applications of Technology (Emerging IT Trends) 2

...Managerial Applications of Technology (Emerging Trends) The 21st century has seen technology go viral, and has become an integral part of every aspect of human living including the business, health, and social. In short, information technology is a mandatory part of life. In the business context, information technology is largely applied in different sectors such as production, management, marketing, supplies, and so on. In the contemporary age, most businesses are going online, that is, establishing online shops (websites), interacting with online clients, conducting...
1 Pages(250 words)Assignment
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 Assignment on topic Managerial Applications of Technology (Business Intelligence and Knowledge Management) 2 for FREE!

Contact Us