-Internet of Things or Web 3.0
3. Processes -Business Process: Set of activities designed to achieve a task-Business Process Management: A field that focuses on designing, optimizing, and streamlining processes, taking into account the human element.
4. DataData: Raw facts can present themselves in an enormous variety of shapes and forms. IoT - Data explosion - In 2014, almost 4 billion devices were connected, but by 2020, thexpected to grow to 25 billion. Data points: Letters, numbers, money, colors, the tiny dots on an X-ray, air pollution levnotes, vocal frequencies, time intervals, and much more can all be represented in digit
IS throughout the Organizations●Management Information Systems (MIS): The study of how people, processes, datatechnology (IS) work together.●Businesses-Across all functions-Crowdsourcing-Knowledge & Talent Management●Non-Profits & Government (Open-Source)
The IT Department
Promises, Perils & Ethical Issues●By 2023, ePrivacy regulations will increase online costs by minimizing the use of “cothus crippling the current internet ad revenue machine.●Through 2021, social media scandals and security breaches will have effectively zerconsumer impact.-Gartner
Privacy BreachesCompanies affected in 2018 alone:-Facebook (29m records)-Google (52.5m records)-Cambridge Analytica (87m records)-MyHeritage (92m records)
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- Information Systems Research