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For one, the way critical information is gathered, stored, sorted and accessed gives top management crucial insights that aid greatly in their decision-making processes. Much of the guesswork is eliminated and in its place information that is based on the solid data being gathered greatly improves the accuracy of decisions made.
This type of gathering information for making important business decisions is called as data mining. When tons of data sometimes do not make any sense to a casual observer, the insights provided by a good information system makes all the difference between profits and probable losses due to wrong decisions taken. Businesses are racing to acquire information systems because these provide quality insights based on solid scientific data. Sometimes, the cost benefit analysis may not justify such huge initial outlays but business analytics provide a winning margin in the competitive marketplace. Business analysts and consultants call this as the new science of winning (Davenport & Harris 3) based on quantitative data analysis and no longer on a managers own gut feel and hunches. For firms like Cisco where much of its assets are intangible (intellectual capital or knowledge-based assets), the more urgent is the need to have a good information system. Information technology companies need to both be flexible and nimble enough to translate and transform information into a long-term advantage.
This paper tackles the issues and problems that faced Cisco during its evaluation of its information technology systems currently in use. In particular, the challenge of making sense out of Ciscos several and often conflicting enterprise-wide initiatives fell on Brad Boston, the CIO or chief information officer. The problem is one of prioritization based on several crucial constraints such as managing the time element and allocating scarce financial resources. Two major initiatives that presently are under consideration by top
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1). Both entities are thus concerned about issuing out relief. For Cisco as a company, its major culture has been to take advantage of the market dynamics and critically study it to take advantage of it. It is for this reason that it is stated that “Cisco managed to stay ahead of its competitors with its speed and talent in adjusting changing conditions taking place in the global market” (Brennan, 2012, p.
The information gathered is then used to identify and attempt to exploit the know or possible vulnerabilities within the system. Penetration test ensures that the new applications, security system, and network infrastructure are not vulnerable to security breaches that could enable unauthorized access to an organization’s valuable assets and resources.
The performance of the firm has been significant - presenting indications of continuous growth through the decades - a fact that led to its entrance in the London Stock Exchange. The firm has approximately 153 stores across Britain; the number of its employees has been estimated to 21,500.
This includes best products and services, most loyal customers, with the most efficient operational mode. This essay reviews company information as well as studies conducted about Nokia by industry analysts.
Nokia is currently the world's largest manufacturer of mobile telephones with an estimated international market share of 36% (Nokia, 2006) and also currently the world's largest manufacturer of digital cameras with its camera-equipped mobile phones exceeding all other conventional camera manufacturers (Wikipedia, 2007).
A lot of configuration and development work had to be done on the new software as both the Enterprise Resource program system and the data warehousing which Sysco was using in the pat was unable to handle the fast pace of growth
s the flow of inventory and finished products from the supplier to the manufacturer and the culmination of the process through the purchase of the products by the consumers. (Luthans, 2009) notes that the basis of Cisco’s business plan was based on the policy of outsourcing as
4 Pages(1000 words)Case Study
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