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.
Nobody downloaded yet

Technology and business assessment - Essay Example

Comments (0) Cite this document
Summary to essay on topic "Technology and business assessment"
Globalization and technological innovations have had great influence on the way businesses are conducted. E-commerce due to the explosion of the Internet users has become a great opportunity for businesses and is having an enormous impact on the way business is conducted…
Download full paper
Polish This Essay
Technology and business assessment
Read TextPreview

Extract of essay "Technology and business assessment"

Download file "Technology and business assessment" to see previous pages... As stated on its website, Cisco Systems, Inc. is the worldwide leader in networking for the Internet. Cisco hardware, software, and service offerings are used to create Internet solutions that allow individuals, companies, and countries to increase productivity, improve customer satisfaction and strengthen competitive advantage.
Let us write or edit the essay on your topic "Technology and business assessment" with a personal 20% discount.. Try it now
The Cisco name has become synonymous with the Internet, as well as with the productivity improvements that Internet business solutions provide. Cisco Systems vision statement claims that their vision "is to change the way people work, live, play and learn." Source from website < http://newsroom.cisco.com/dlls/company_overview.html>)
Stanford University Computer Scientists Sandy Lerner and Leonard Bosack founded Cisco Systems. There was a genuine need for large scale computer networks based on industry standard technologies and while in college, they found that the inefficiencies of the current infrastructure led to great technical hitches in being compatible with the numerous mail clients. This inspiration served as a spark that set their ideas in motion and when they left the campus, they were ready to embark upon the operation.
Surprisingly, its stupendous growth was the harbinger of its problems. Cisco grew rapidly and to cater to the company and product information distribution, launched an official website in 1991. It had a 50% share of the networking market and struggled to keep up with the calls it was receiving. By 1992, its market share was 85% and the customer service requests and training programs were severely straining its existing systems that were not built for these volumes. By 1993, Cisco boasted a growth of an astounding 270% growth, but its IT department was sorely lacking to cope with a half billion-dollar company growing by 50% each year. Unable to sustain, its customer service was not up to the standards desired and Cisco was losing its ratings. Its IT budget was a paltry 0.75% of sales that was way below industry standards.
The Plan

CIO Pete Slovik and Senior Executive, Doug Allred, brought a revolutionary concept that entailed that the IT spending was linked to the business units that in turn necessitated close alignment to the company goals. The managers of the business units would be required to independently take decisions about the investment required to reach the company targets and the level of customer satisfaction.
Cisco's internal network would play a strategic role in providing the connectivity needed for the business units to build applications creatively and therefore this would require a thorough revamp of its internal infrastructure. Because it was a major decision that would cost millions, cash-strapped Cisco deliberated over the decision. Small technical difficulties kept occurring and in 1994, Cisco's systems broke down unable to cope and Cisco was forced to close down for two days.
The Solution

The board went ahead and approved the proposal for a $15 million Oracle ERP system. This would entail a 2.5 percent of the 1993 revenues, thrice the IT budget of the previous year. The total cost of completing the ERP was $100million. It is not an overstatement to say that the Oracle ERP system became the backbone of the Cisco E-Business. It unified all of the Unix Servers and became a source of centralized information. ...Download file "Technology and business assessment" to see next pagesRead More
Cite this document "Technology and business assessment"
  • APA
  • MLA
(“Technology and business assessment Essay Example | Topics and Well Written Essays - 2250 words”, n.d.)
Technology and business assessment Essay Example | Topics and Well Written Essays - 2250 words. Retrieved from https://studentshare.org/miscellaneous/1500745-technology-and-business-assessment
(Technology and Business Assessment Essay Example | Topics and Well Written Essays - 2250 Words)
Technology and Business Assessment Essay Example | Topics and Well Written Essays - 2250 Words. https://studentshare.org/miscellaneous/1500745-technology-and-business-assessment.
“Technology and Business Assessment Essay Example | Topics and Well Written Essays - 2250 Words”, n.d. https://studentshare.org/miscellaneous/1500745-technology-and-business-assessment.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC "Technology and business assessment"
Business Planning and Feasibility Assessment
The essay Business Planning and Feasibility Assessment investigates all the phases of the business plan for a clothing store in Dammam. The main idea of the paper is to present the attractiveness of the market in this region. To support this idea the writer states that it will be profitable to run the business in Dammam. In addition, risks are separately categorized.The paper will use 2 sources.
6 Pages(1500 words)Essay
Business Questions Assessment
These production activities are carried out in economic systems which address the economic problems of scarcity with the finite factor inputs. Economic systems thus are composed of people, rules, institutions and relations and can be of many types. A free market system also known as the Laissez- fairre system is such that resources are allocated based on the price mechanism where demand and supply forces interact freely (Fernando, 2007, p.6) Demand increase causes prices to increase leading to more production of the good in question.
6 Pages(1500 words)Essay
Assessment of Global Business Environment
It might be described as an ‘umbrella term’ to illustrate its importance at the international, national, state and the local level. Under the process of globalization the world is viewed as a single global community. Due to such a vast structural change in the world economy, communication channels are bound to face a major change.
10 Pages(2500 words)Essay
Business Technology
According to the report global social and economic environment is changing due to the emergence of advanced technology. Several organizations around the globe are trying to maintain effective relationship with the business clients, communities and potential target customers with the adoption and implementation of advanced technology in the business process.
3 Pages(750 words)Essay
Assessment of Technology centric Strategies for information security in an organization
Information Assurance is the confidence that information systems will protect the information they handle and will function as they need to, when they need to, under the control of legitimate users. "Defense in Depth is a practical strategy for achieving Information Assurance in today's highly networked environments.
3 Pages(750 words)Essay
Computing Business e-Systems and Technology
A Business cannot survive in this fierce world of competition, without credible information and analysis. Today Information is considered a power and an asset that can help overcome uncertainty and open new avenues for opportunity. 2. Such an investment can support a core competency.
22 Pages(5500 words)Essay
Assessment of an enterprise-level business system
An essential ingredient would be the statement of the business process mapping methods that can be utilized in analyzing the business activities. While doing the above this paper would also examine some of the business process mapping tools that can be used in documentation.
7 Pages(1750 words)Essay
Strategic Business Information Systems - Cirque du Soleil's Information Technology Initiatives
Porter (1980) argues that it is imperative for the firms to adopt one of the alternative generic strategies of cost leadership or product differentiation in
8 Pages(2000 words)Essay
Business Management Technology Literature review: IT security Management
Some of them can be of confidential nature. Any type of the IT system failure will badly affect both the functioning and the goodwill of the company. Thus IT Security Management becomes
6 Pages(1500 words)Essay
Business Management Technology Report
Accruing experience and expertise over the years, in the field of banking and financial services, HSBC has become one of the most preferred banking companies throughout the world. Thus, in
10 Pages(2500 words)Essay
Let us find you another Essay on topic Technology and business assessment for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us