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Information and Communication Technology in the 21st Century Company Prof. Dr. Eddy Vandijck eddy.vandijck@vub.ac.be Investing in ICT If you think good information systems are expensive, try without them ! IT investments    Migration of legacy systems: EURO, DB Technology obsolescence Advanced technologies  e-commerce  knowledge management …        ERP Flexible development environment (components, CORBA, … ) Network bandwidth explosion: ATM, GB ethernet System management environments Internet, Intranet, Extranet Data Architecture: data warehousing, … Selection of packages Success of 21st Century Company Depends on: Immediate availability of the right information on the right moment in time  Continuous scan of environment  Learning company  Knowledge base  Immediate reaction  Zero Latency Company   Flexible organizational structure of independent cells virtual company Goals and Technologies Enabling Technologies Goals and Requirements  Workflow Inter(tra)net  Information as a resource  WEB  Zero Latency  Data Mining  E-commerce  Secure Payments  Flexibility  Data Warehousing  Efficiency  Databases  Knowledge Management  Telecom  Partnerships  Development environments  Diversity  Added Value  XML Goals and Requirements Information as a Resource     CIO should recognize new information requirements and make them available to the users All levels of management are involved to achieve an acceptable level of information Basis for management and decision making Guarantee for:  security  privacy  availability  reliability Consequences for the investment policy. CIO   Corporate Information Manager Technical Managerial Member of direction committee Assisted by  technical system manager  user oriented information manager  Qualities     good understanding of the concepts Service and SLA good insight in company core business (outsourcing) clear vision on communication needs initiator of changes Assistant Responsibilities  System Manager availability of the required system performance continuous availability of the communication system  Information Manager the right information at the right moment in time designer and manager of the corporate data warehouse data seen from user point of view Zero Latency Latency : the time it takes for a system to respond to input Zero Latency: Covers the idea that all input is processed immediately . (Gartner Group)   It implies a set of business policies, processes and product offerings that have been implemented to support the zero latency business strategy. Event based (push): no unplanned waiting time between the actions to be performed by different people. Special cases: JIT, OLTP, Build-to-Order manufacturing E-commerce Buying, selling products, services or information via a computer network • • • • Purchaser EDI SWIFT Tradenet ... Order Purchase order •Reply on information request •purchase confirmation •shipping note •payment acknowledgment Payment authorization request Payment approval Bank of the purchaser Seller Electronic Market Order reply Approvals by Trusted party EFT Transaction Handlers bank bank Supplier Client Centric Electronic Market Web-sites World wideCommunication markets within the enterprise Systems Suppliers Client services Cost control Technological developments Sales Commercial partners Clients Marketing Commercial kernel functions Competitors environment Internet Potential markets Extranets Intranets Competitors Knowledge Management The means of production are no longer capital, nor resources, nor labor, but it is knowledge. Knowledge is the fourth, and for the western world, the most important production factor. It is the most important factor to stay always ahead of the competition. Peter F. Drucker Post-capital society.  Basic requirement for innovation  Knowledge about availability of competencies in the company  Avoid that gathered knowledge is lost Other Goals  Flexibility  adaptable organizational structure  small independent cells ( virtual organization )  Efficiency  BPR (Business Process Re-engineering)  complete rethinking of operational procedures in function of ICT-possibilities and enabling technologies  Partnerships  outsourcing activities  partners are clients, suppliers, public services, consultants, …  Diversity and added value  added value often an information component Technologies Workflow Apply many of the factory automation and industrial engineering concepts to the process of work management in the office environment.    Pilot the workload and priorities of the employees Steer workflow by organizing, planning and managing Comparable to production planning systems  Define processes  Plan capacity based on workload prognoses  Distribute the work over different employees  Based on stated standards  Key technology for management of e-commerce. Web - Intranet - Extranet  Platform independent  Easy to use and maintain  Possibility for workgroup collaboration  Create virtual organizations and dynamic partnerships  JAVA applets Major communication vehicle within the company Databases and Knowledge bases  From departmental to global approach  fast technology evolution  lack of time, money or manpower  integration problem  Corporate Data Model  framework for company-wide information needs  including multimedia  Protection of Corporate Knowledge  value of information Data Warehouses External Databases Data marts Integration Transformation EDW Operational systems Legacy systems Operational data store Exploration Warehouse Near line storage Data Mining Statistics Artificial Intelligence Databases KDD Decision Support Systems KDD Knowledge Discovery in Databases Secure Payments  SET specifications (Secure Electronic Transactions)  ESP Electronic Secure Payments IPSec Internet Protocol security  Authentication Header  Credit card companies  Citation It is not the strongest of the species that survives, nor the most intelligent; it is the most adaptable to change. Charles Darwin