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Hardware and Software

Hardware and Software - Hardware and Software BMGT 301 Fall...

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Hardware and Software BMGT 301 Fall 2011 Dr. Karake 12/2/11 Fall 2011 - Dr.  Karake 1
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Check the Summaries Folder Check the Excel Folder October 10th, Excel and Optimization Check the “Projects & Topics” file; let me know if  there any inaccuracies 12/2/11 Fall 2011 - Dr.  Karake 2 HouseKeeping…
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LEARNING OBJECTIVES What are the components of IT infrastructure? What are the major computer hardware, data storage, input, and output technologies used in business? What are the major types of computer software used in business? 12/2/11 Fall 2011 - Dr.  Karake 3
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What are the most important contemporary hardware and software trends? What are the principal issues in managing hardware and software technology? STUDENT LEARNING OBJECTIVES 12/2/11 Fall 2011 - Dr.  Karake 4
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IT infrastructure: provides platform for supporting all information systems in the business Computer hardware Computer software Data management technology Organizes, manages, and processes business data concerned with inventory, customers, and vendors Networking and telecommunications technology An industry with an estimated $ 1 trillion in the US (2010)!!!! Add the Service/Consultancy segment of $800 billion Infrastructure Components 12/2/11 Fall 2011 - Dr.  Karake 5
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12/2/11 Fall 2011 - Dr.  Karake 6 Connection Between The Firm,  IT Infrastructure, and  Capabilities
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of infrastructure evolution Moore’s law and microprocessing power Computing power doubles every 18 months Nanotechnology: Shrinks size of transistors to size comparable to size of a virus Law of Mass Digital Storage The amount of data being stored each year doubles. The world produces as much as 5 exabytes of unique information per year 12/2/11 Fall 2011 - Dr.  Karake 7 Technology Drivers…
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Metcalfe’s Law and network economics Value or power of a network grows exponentially as a function of the number of network members As network members increase, more people want to use it (demand for network access increases) What are the sources of Network Economics?? 12/2/11 Fall 2011 - Dr.  Karake 8 Technology Drivers (cont.)
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Declining communication costs and the Internet An estimated 2 billion people worldwide have Internet access (as of June 2010) digital divide As communication costs fall toward a very small number, utilization of communication and computing facilities explodes 12/2/11 Fall 2011 - Dr.  Karake 9 Technology Drivers (Cont.)
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Standards and network effects Technology standards: Specifications that establish the compatibility of products and the ability to communicate in a network Unleash powerful economies of scale and result in price declines as manufacturers focus on the products built to a single standard 12/2/11 Fall 2011 - Dr.  Karake 10 Technology Drivers (Cont.)
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12/2/11 Fall 2011 - Dr.  Karake 11 As of December 2010: 2.041  billion  people or 29.5 %
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12/2/11 Fall 2011 - Dr.  Karake 12
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347,394,870 estimated population for Northern America in 2011.
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