Itm Practicle File
Itm Practicle File
IT Infrastructure
Hardware: Servers, storage systems, networking devices, and other physical components
Networks: Switches, routers, hubs, and other devices that connect devices and move data between networks
Facilities: Data centers and other physical spaces where IT resources are housed
Types of IT infrastructure
Traditional infrastructure
Primarily hardware-based, with servers and data centers that are manually configured and maintained
Cloud infrastructure
A more cost-effective option that uses a mix of cloud environments, on-premise data centers, and edge computing
devices
Data Network
Network data refers to data that is transmitted between network access points using data networks. Data networks are
systems that allow computers and other devices to communicate with each other. They are used for many modern
communication methods, such as the internet and telecommunications.
Types of data networks
There are two main types of data networks: Local Area Networks (LANs) and Wide Area Networks (WANs). LANs
connect devices in a small area, like a home or office, while WANs connect devices in a larger area, like a city or
country.
Connection types
Data networks can be wired or wireless. Wired networks use cables to connect devices, while wireles networks use
radio waves.
Protocols
Data networks use protocols to send and receive data. The most popular protocol is the Internet Protocol/Transmission
Control Protocol (IP/TCP), which is also used on the internet.
Data transmission
Data is transmitted in small units called packets. Each packet has a payload, which is the data being transmitted, and
a header, which contains information about the packet, like the source and destination addresses.
Data analysis
Data networks can also refer to collections of interconnected data sets that are used for data analysis and research. For
example, data networks can be used in urban planning and public transportation system evaluation.
API
API stands for Application Programming Interface. It's a set of rules and protocols that enable software applications
to communicate with each other. APIs are used to exchange data, features, and functionality.
APIs expose a limited number of data points and actions that external software can interact with. When a software
system wants to access a resource from another system, it sends a request.
APIs are used in many applications, such as rideshare apps, mobile payments, and thermostat control.
APIs are considered safe because they include authorization credentials and an API gateway to limit access.
API documentation provides information on how developers can work with an API and its services.
Language bindings
Language bindings are also APIs that map the features of one language to an interface in another language.
Database APIs
Database APIs allow communication between an application and a database management system.
API may also refer to the American Petroleum Institute, which is a standards-setting organization for the oil and
natural gas industry.
CoporateNeywork Function
A corporate network's functions include enabling communication, protecting data, and providing access to cloud
services.
Communication
Network devices: Routers and switches forward and filter network traffic
Wireless access points: Provide wireless connectivity to devices like smartphones, tablets, and laptops
Cloud integration: Allows access to cloud services like SaaS, IaaS, and PaaS
Data protection
Intrusion detection systems: Monitor for suspicious activity and can block or prevent it
Encryption: Protects the integrity and privacy of documents during storage and communication
Virtual private networks (VPNs): Allow remote users to securely connect to the corporate network
Network as a service (NaaS): A cloud model that allows organizations to operate their networks without building or
maintaining infrastructure
Other functions
An optimized corporate network can help improve productivity, customer service, and security.
IT infrastructure, or technology infrastructure, is the hardware and software that allows businesses to run their
operations. It's the foundation that enables businesses to communicate, store data, and run applications.
Communication
IT infrastructure provides reliable internet access for communication, research, and collaboration.
Data storage
IT infrastructure stores and backs up data securely, protecting it from loss or unauthorized access.
Application deployment
IT infrastructure supports the deployment of business applications and software tools.
Process automation
IT infrastructure can automate repetitive tasks to boost productivity.
Real-time data
IT infrastructure provides real-time data to help businesses make informed decisions.
Scalability
IT infrastructure allows businesses to scale operations to meet changing demands.
Adaptability
IT infrastructure helps businesses adapt to market changes and maintain a competitive edge.
Physical components like servers, computers, network devices, and storage systems.
Software:
Applications, management systems, and operating systems
Networks:
Data transmission tools like routers and switches
Data storage:
Benefits: Reliable and fast connectivity, reduced physical clutter, and the ability to connect multiple devices
Benefits: Seamless information exchange for mobile users while on the move
Voice and SMS: Cellular networks enable voice and SMS communication
GPS: Satellite communication enables GPS, which helps businesses track vehicles and employees
Instant messaging
Allows for quick, real-time communication between team members. Examples include Slack, WhatsApp, Microsoft
Teams, and Yammer.
Video conferencing
Allows people to meet face-to-face virtually. Examples include Zoom, Microsoft Teams, Google Meet, and
GoToMeeting.
Document collaboration
Allows people to work on documents together in real time or separately. Examples include Google Docs, Microsoft
Word Online, Confluence, and Dropbox Paper.
Allows people to organize tasks, track progress, and meet deadlines. Examples include Asana, Trello, Jira, and
Monday.
Real-time interaction: Allows for immediate responses, which is useful for brainstorming and urgent discussions.
Eliminates geographical barriers: Allows colleagues from different locations to participate equally in virtual meetings.
Improves decision-making efficiency: Allows for rapid and fluid exchange of ideas.
Data breaches
A data breach is a cyber attack that results in the unauthorized access or disclosure of sensitive
data. This could include personal information like names, addresses, and financial details, or
corporate information like customer lists and source code.
Fraudulent emails that appear to be from a legitimate company trick the recipient into clicking on
a malicious link or downloading malware
Malware
Malicious software like viruses and ransomware can be installed through phishing emails,
deceptive websites, or compromised downloads
Vulnerability exploits
Cyber criminals may search for vulnerabilities in an organization's hardware or software before
the company knows about them
An intentional attack that aims to overload an organization's network or website with fake requests
* Identity theft
* Violations of government or industry compliance mandates
* Fines
* Litigation
* Reputation loss
* Loss of the right to operate the business
Cybersecurity challenges
Cybersecurity challenges include attacks, threats, and vulnerabilities that can impact the security
of data and systems.
Attacks
Phishing attacks: Cyber criminals use social engineering to target employees and steal data
Ransomware: Cyber criminals prevent users from accessing data until a ransom is paid
Malware: Cybercriminals offer malware as a service, allowing less tech-savvy people to deploy
sophisticated malware
Advanced persistent threats (APTs): Complex, stealthy attacks that can go undetected for long
periods
Distributed denial of service (DDoS) attacks: Attacks that overload systems with internet traffic
to disrupt services
Identity-based attacks: Hackers hijack legitimate user accounts and abuse their privileges
Threats
Vulnerabilities
Lack of cybersecurity skills: A lack of cybersecurity skills can make it easier for cybercriminals
to gain access to systems
Here are some key trends and predictions for the future of cybersecurity:
IT Risk management
IT risk management is the process of using risk management methods to identify, assess, and address IT-
related risks to a business. The goal is to improve cybersecurity, IT operations, and the organization's overall
risk posture.
Identify risks
IT risk management involves identifying potential threats and vulnerabilities in IT infrastructure. These
threats could include human error, equipment failure, cyberattacks, or natural disasters.
Assess risks
Once risks are identified, they are assessed to determine their potential impact.
Mitigate risks
Risks are then addressed and mitigated to reduce the potential impact.
Monitor risks
Risks are monitored regularly to ensure they are being managed effectively.
It's important to communicate openly with customers and stakeholders about the organization's approach
to managing IT risks.
Involve stakeholders
It's important to involve stakeholders early in the risk management process. This includes project
stakeholders, department heads, and larger stakeholders like the board of directors.
A risk register is a document that summarizes each identified risk, including a description, risk score,
remediation plan, and owner.
Mobile app and cloud security challenges include data breaches, insider threats, and communication
vulnerabilities.
Malicious files and links: Malicious code or links can be used to access private data
Weak encryption: Weak encryption can make it easier for attackers to access data
Insecure data transmission: Data can be transmitted without proper security measures
Insider threats
Unauthorized users, such as employees or contractors, can access sensitive data or systems
DDoS attacks
Distributed Denial of Service attacks can prevent users from accessing cloud-based data and applications
Unsecured APIs
Misconfiguration
Finacial crimes
Financial crimes are illegal activities that involve taking money or property from another person or organization.
These crimes can involve fraud, theft, bribery, and more.
Money laundering
The process of making money from illegal activities seem legitimate by passing it through banks and businesses
Bribery
Offering or accepting money or other benefits in exchange for favors or preferential treatment
Fraud
Tax evasion
Intentionally avoiding paying taxes by underreporting income, inflating deductions, or hiding assets
Embezzlement
Illegally taking funds that are entrusted to your care, such as by an employer or client
Identity theft
Stealing someone's personal information, such as their social security number or bank account details
Insider trading
Cybercrime
Using computers or the internet to commit fraudulent activities, such as hacking into computer systems or phishing
scams
Finacial fraud
Financial fraud is when someone illegally takes money or assets from another person through
deception. It can include identity theft, investment fraud, and other types of scams.
Sustainability
Sustainability in IT is a set of initiatives that IT departments take to help an organization achieve its environmental,
social, and governance (ESG) goals. Sustainability managers are responsible for implementing these initiatives.
Evaluate impact: Assess the impact of the company's operations on the environment
Ensure compliance: Make sure the organization is following rules and regulations
Communicate: Articulate strategies, benefits, findings, risks, and other important information to management
Communication, Strategic thinking, Self-motivation, Numeracy, Interpersonal skills, and Holistic thinking.
Sustainable management can help businesses stay afloat and increase profitability
Technology can help monitor and assess ecosystems, which can lead to data-driven decision-making and informed
conservation strategies
The triple bottom line (TBL)
The triple bottom line (TBL) is an accounting framework that measures an organization's sustainability in three areas:
people, planet, and profit. The TBL is also known as the 3Ps or 3BL.
The TBL is used by businesses, nonprofits, and governments to evaluate their performance and create greater business
value. It's based on the idea that companies should consider the impact they have on society and the environment, in
addition to making a profit.
Improve financial performance: While still making money, organizations can have a positive impact on the world.
Be more accountable: Organizations are accountable to all stakeholders, not just shareholders.
Shift focus: Organizations can shift their focus to areas with higher development needs, such as small businesses and
women-led businesses.
The TBL was developed by business writer John Elkington, who claims to have coined the phrase in 1994. The TBL's
flexibility allows organizations to apply the concept in a way that's suitable to their needs.
Internet technologies
Internet technologies can help managers improve business performance, decision-making, and efficiency. They can
also help streamline operations, reduce costs, and enhance customer experience.
Real-time access to information: Allow businesses to access information in real time to improve efficiency
Cyber security: Help businesses protect their data and systems from cyber threats
* Customer-focused e-business
* Knowledge management systems
* Enterprise resource planning
* Online analytical processing
* Intelligent agents
* Expert systems
Search strategies
Search strategies for IT managers can include using Boolean operators, combining keywords, and establishing
inclusion and exclusion criteria.
Boolean operators
AND: Narrows a search by finding articles that contain all the search terms
Combining keywords
Use the AND operator to combine keywords that target different concepts
The more keywords you combine with AND, the fewer results you'll get
Determine the key concepts of your topic to identify your main search terms
Establish what you want to include and exclude in your search results
* Citation searching: Search forward or backward in time through literature based on a relevant article
* Documenting your search: Keep a record of your search process so you can monitor its effectiveness
* Planning and practicing: Plan out your search strategy and practice it before using it
Search strategy
Organic search engine optimization (SEO) is a marketing strategy that improves a website's ranking in unpaid search
results. It involves creating high-quality content, using relevant keywords, and building backlinks to increase visibility
and attract organic traffic.
* Create quality content: Use simple words, vary sentence length, and use an active voice.
* Use keywords: Research keywords and use them in your content.
* Build backlinks: Create backlinks to your website.
* Optimize page load time: Make sure your website loads quickly.
* Use media: Enhance your content with videos and images.
* Optimize for mobile: Make sure your website is optimized for mobile.
* Use SEO metrics: Use Google Analytics and an SEO platform to measure your website's performance.
Organic search can take time to develop and implement, and it can be months before you see results. However, it can
be more effective than paid search in the long run.
Paid search strategies and metrics help you understand how well your paid search ads are performing.
Metrics
Click-through rate (CTR)
The percentage of people who click on your ad compared to the total number of people who saw it. A high
CTR means your ad is relevant to your target audience.
Conversion rate
The percentage of people who complete the desired action, like making a purchase or filling out a form. A
higher conversion rate means your ad copy, landing page, and targeting strategy are effective.
The average amount you pay for each click on your ad. Tracking CPC helps you ensure you're bidding
efficiently.
The amount of revenue you generate for each dollar you spend on ads. ROAS helps you understand how
effective your ads are at driving sales.
The amount you pay for each customer acquired through your ads. CPA is a key metric for budgeting and
tracking campaign effectiveness.
Other metrics
Data integration: The Semantic Web allows for the efficient integration of different types of data sources.
Data reuse: The Semantic Web allows for the reuse of existing information.
New information inference: The Semantic Web allows for the inference of new information.
Common data formats: The Semantic Web promotes common data formats and exchange protocols on
the web.
The Semantic Web uses technologies like Resource Description Framework (RDF) and Web Ontology
Language (OWL) to encode semantics with data. These technologies allow for the formal representation of
metadata, such as concepts, relationships between entities, and categories of things.
The Semantic Web is used in many domains, including government, media, science, and financial services.
UNIT II
Information Technology in Business Management
Information technology (IT) is the backbone of technological innovation. This innovation has played a massive role
in developing business management. Today, there is not a single business in this world that does not use various IT
tools and technologies to conduct day-to-day operations, design marketing strategies, and even recruit employees.
Many top information technology colleges in Nashik train students to become exceptional IT professionals in various
industries.
Let’s take a look at how information technology drives business management today.
1. Streamlining Operations
Information technology is now used in daily operations of any business. IT has enabled an ease of doing business by
managing overheads, regulating recruitment, dealing with market uncertainty, managing inventory, monitoring
employee performance, dealing with employee grievances and so much more.
Today, IT has also automated various manual and time consuming tasks to speed up regular operations. For example,
there are multiple softwares available today to record the daily attendance of employees, process leaves, and compute
monthly salaries of employees with minimal human interference.
Cloud technology is another useful tool that helps businesses store their data on third party servers through the internet.
It is a revolutionary tech that has helped small and large businesses massively cut down costs and opt for subscription
packages to suit their business needs.
Businesses do not have to worry about hiring a substantial IT team to maintain and manage large servers within their
workspace. They can pay third party companies to store relevant data. Things like servers crashing, downtime and
data being lost are now a thing of the past with cloud technologies coming into the picture.
As more and more businesses store data online, the risk of cyber attacks arises. Even third party companies that offer
cloud solutions to businesses need to safeguard the data of their clients from cyber attacks. Businesses in the banking
and finance sector need to be more concerned about cyber security.
There are many top management colleges in Nashik that offer a comprehensive undergraduate program in cyber
security to help create skilled IT professionals for the future. Businesses that develop a proper cyber security network
can assure their clients that their data will always remain safe and grow their client base in this manner.
Companies depend on IT professionals to gather, assimilate, segregate and study relevant data to understand current
market trends and customer behaviour. They then use the data to make various organisational-level decisions to
develop their business.
Data analysis is another important tool used by businesses to develop business strategy, analyse market forecasts, stay
ahead of the competition, understand customer behaviour and develop product development strategies accordingly. It
can also help businesses stay ahead of the competition in a cut-throat market.
Easy and efficient communication is one of the main advantages of information technology. Communication does not
only refer to communication done on an organisational level, it also means communication done with clients and
customers.
IT software like emails, Whatsapp, personalised chatbots, feedback forms etc. can be categorised as a form of
communication. Living in the information technology era means that businesses can receive instantaneous
communication. This communication includes sales figures, consumer feedback, customer enquiries, market trends
and so much more.
Most businesses today use IT to enhance their customer’s experience and maintain a great relationship with customers.
Businesses use tools like CRM (Customer Relationship Management) to keep a track of customer behaviour, any
issues faced by the customer, and ensure quick resolution of issues.
Suppose a customer has an issue with a product purchased or a service used, they can call up the company which will
be captured by the CRM. A customer relationship executive will then review the customer’s shopping history through
the CRM program and efficiently solve the issue without a glitch or a delay.
Overall, implementing the above mentioned IT softwares and programs can help businesses reduce their operational
costs by a large margin. They do not need to recruit more staff members to do tasks that can be done by softwares and
programs. Instead, they can instead recruit top notch professionals from the industry to drive their business ahead.
This helps businesses invest more money on other avenues such as marketing, enhanced cyber security, employee
rejuvenation programs and better financial investments for a sound financial portfolio. Better returns and finances
means the company is more stable and reliable for customers and employees.
digital technologies has undoubtedly led organizations on a pathway to success, with enhanced customer service and
increased productivity being areas where these technologies have had the biggest impact. The four “megatrends” –
cloud, big data, mobile and social technologies are clearly having a positive impact, industry watchers who believe
that only a few early adopters have been able to transform their organizations with these technologies are mistaken.
Digital transformation is occurring rapidly at a majority of public and private sector organizations .
Mobility is not just about mobilizing existing business – it is an opportunity for organizations to reinvent their product,
process, and business model. According to the Harvard Business Review survey, mobile initiatives are the most
frequently adopted of the four megatrends. They have already transformed business operations and changed the ways
employees work. Majority of survey respondents indicate that putting mobile functionality in the hands of employees
is now a key requirement, and leading companies are also leveraging the growing ubiquity of smartphones to innovate
and drive top-line revenue growth.
Mobile connects employees to their work and each other
1. Better Customer Experience: The rise of mobility has seen a significant impact on customer experience. 73 per cent
of consumers feel retailers which offer in store mobile technology provide superior customer service, with a further
64 percent more likely to shop at a retailer which provided instore mobile technology. Mobile apps connect the
business with consumers and provide them with instant information regarding their problem. They can also help
predict more precise ETAs, which provides a more accurate wait time for the customer and exact expense report for
companies. Apps are now more than ever personalising user experience, increasing immediate access to information
for users. When considering shopper expectations it is clear that mobility has made a strong impact on customer
experience and will be at its heart going forward.
2. Greater Operational Efficiency: The use of mobile technology as a means to improve operational efficiency has
become increasingly prevalent in the manufacturing industry. More and more companies have realized the benefits
that can be gained from investments in various mobile devices and complementary business software. The email-
based smartphone devices allow you to essentially respond to email wherever you are, but now these tablet devices
extend to a totally new level. You are able to look more and dive deep into the information you’re getting and then
make more informed decisions. Inventory management, warehouse management, quality, and production decision-
making are other areas of interest.
3. Enhanced Customer Loyalty: Incorporating enterprise mobility into a retailer’s business strategy can help keep a
customer engaged and loyal to your company brand. As a retailer, you know quick responses to customer inquiries is
one of the many goals you have for your store. To achieve a high level of satisfaction and support, employees must
have real-time access to information. Mobility is a key to the future success of loyalty programs. Those companies
that do not become early adopters of this technology will be left to ponder why they have been left behind.
4. Augmented Revenue Generation: In today’s digital world, Enterprise Mobility is creating new revenue channels,
improving field staff efficiency, and leveraging new modes of user engagement to increase market penetration and
customer loyalty. Shorter sales cycles and reduced cost of customer acquisition are significantly boosting cost savings
and revenue generation while enhancing productivity and efficiency, resource utilization, and streamlining business
processes with lower operational costs.
A business model transformation is a scenario where a company seeks to overhaul a segment of its business by
digitizing a product or service that was traditionally delivered through alternative means. This process places a
spotlight on innovation and encourages thinking beyond conventional boundaries to enhance overall business
outcomes.
Companies typically embark on a business model transformation when leaders identify an opportunity to reshape how
consumers acquire or utilize a product or service. It may also be triggered by the strategic moves of market
competitors, prompting the company to align itself with similar trends.
Crucial factors to consider during a business model transformation include avoiding excessive reactivity, as well as
the potential need to hire employees with new skill sets or provide retraining for the existing workforce.
Domain transformation involves surpassing the conventional limitations that currently define a brand’s markets and
potentials – essentially when its leaders decide to venture into a new market
A company might undergo a domain transformation if it has developed software to automate processes and decides to
market this software to other companies, thereby establishing a new revenue stream. Alternatively, motivations such
as challenges from competitors or technologies that make it challenging to sustain the current business plan are also
quite common.
Business process transformation aims to simplify and enhance internal operations – streamlining throughput time, to
reduce costs, and minimizing errors. This typically involves the automation of manual procedures through investment
in new software and R&D.
And while introducing a new system might be appealing, leaders should also consider various factors before
implementing new applications. For instance, they need to assess implementation timelines, change management
strategies, and the urgency of the change.
On top of that, this transformation can have implications for external vendors and customers. Revisions to processes
like accounts payable may alter the way invoices are submitted, necessitating effective change management for both
internal employees and external stakeholders.
Cloud Transformation
What is cloud transformation? It essentially aids organizations in transitioning their information systems to cloud
computing environments. This process can manifest in diverse ways – for instance, a company may opt for a complete
transfer of its infrastructure to the cloud or choose to migrate only specific applications, data, or services.
Cloud yields numerous advantages, such as more streamlined data sharing and storage, accelerated time-to-market,
and better organizational scalability and flexibility.
Cloud transformation strategy may vary – some organizations opt for the public cloud, utilizing a third-party data
center managed by a cloud provider; others establish their cloud computing infrastructure internally, known as a
private cloud. And there is also a third approach – many adopt a combination of both models, resulting in a hybrid
cloud for their infrastructure.
From theory to practice – now let’s look into the specific digital transformation examples according to each type. This
way, we’ll be able to understand the reasoning companies had for choosing this or that method and see what results
they have achieved thanks to that.
In the early 2000s, the entertainment industry was firmly anchored in traditional cable television and DVDs. At the
time, Netflix was part of that industry as a DVD-by-mail rental service, however, as streaming technology was gaining
traction, the company saw an opportunity to redefine how audiences consume content.
In 2007, Netflix introduced its streaming service, allowing subscribers to watch content on-demand, which provided
them with unprecedented flexibility. They also expanded their service globally, transcending borders and reaching
audiences in over 190 countries, turning Netflix into a global entertainment powerhouse.
On top of that, they leveraged data analytics to analyze user preferences, providing personalized content
recommendations, and embraced the binge-watching phenomenon by releasing entire seasons at once, allowing users
to consume content at their convenience.
A compelling illustration of domain transformation is evident in the journey of the online retail giant, Amazon. Before
2002, Amazon had gained its revenue through selling music and videos, but then they entered a new market domain
with Amazon Web Services (AWS).
What facilitated Amazon’s foray into this domain was the digital capabilities it had developed in storage, computing,
and databases to support its core retail business. This, coupled with an established network of relationships with
numerous growing companies in need of computing services, paved the way for eventual success. Now, AWS is the
leading cloud computing and infrastructure service and contributes nearly 60% of Amazon’s annual profit.
Traditionally known for its quick-service model at physical locations, McDonald’s recognized the need to embrace
digitalization to enhance their customer experience and went for a massive process transformation in the 2010s.
After a couple of years of conceptualization and development, McDonald’s launched its mobile app in 2015, allowing
customers to browse the menu, customize orders, and make payments from their phone. This not only streamlined the
ordering process but also introduced a new level of personalization. McDonald’s also introduced self-service kiosks
in physical locations, mirroring the mobile app’s functionality. Customers could now place orders with greater
customization, further reducing wait times and increasing order accuracy.
At the same time, McDonald’s upgraded its drive-thru experience by implementing digital menu boards. These boards
dynamically adjusted based on factors like time of day and popular menu items, promoting upselling.
With a vision to extend educational accessibility beyond traditional boundaries, University of Bristol officials also
sought to leverage digital tools. The goal was to cater to a broader audience, reaching well beyond the 28,000 students
attending in-person classes annually.
For that purpose, university executives chose a cloud technology solution, laying the foundation for expanded online
education. This decision aimed to enhance commercial appeal and offer learners the freedom to attend courses
regardless of their location.
Online courses were introduced, not only making education accessible worldwide but also facilitating collaborations
with international bodies. This enhanced the university’s research capabilities and strengthened partnerships with
various organizations.
SWOT analysis is a framework for identifying and analyzing an organization's strengths, weaknesses, opportunities
and threats. These words make up the SWOT acronym
The primary goal of SWOT analysis is to increase awareness of the factors that go into making a business decision or
establishing a business strategy. To do this, SWOT analyzes the internal and external environment and the factors that
can impact the viability of a decision.
Businesses commonly use SWOT analysis, but it is also used by nonprofit organizations and, to a lesser degree,
individuals for personal assessment. SWOT is also used to assess initiatives, products or projects. As an example,
CIOs could use SWOT to help create a strategic business planning template or perform a competitive analysis.
The SWOT framework is credited to Albert Humphrey, who tested the approach in the 1960s and 1970s at the Stanford
Research Institute. SWOT analysis was originally developed for business and based on data from Fortune 500
companies. It has been adopted by organizations of all types as a brainstorming aid to making business decisions.
Elements of a SWOT analysis
* Internal attributes and resources that support a successful outcome, such as a diverse product line, loyal
customers or strong customer service.
* Internal factors and resources that make success more difficult to attain, such as a weak brand, excessive debt
or inadequate staffing or training.
* External factors that the organization can capitalize on or take advantage of, such as favorable export tariffs,
tax incentives or new enabling technologies.
* External factors that could jeopardize the entity's success, such as increasing competition, weakening demand
or an uncertain supply chain.
A SWOT matrix is often used to organize the items identified under each of these four elements. The matrix is usually
a square divided into four quadrants, with each quadrant representing one of the specific elements. Decision-makers
identify and list specific strengths in the first quadrant, weaknesses in the next, then opportunities and, lastly, threats.
Organizations or individuals doing a SWOT analysis can opt to use various SWOT analysis templates. These templates
are generally variations of the standard four-quadrant SWOT matrix.
A SWOT analysis generally requires decision-makers to first specify the objective they hope to achieve for the
business, organization, initiative or individual. From there, the decision-makers list the strengths and weaknesses as
well as opportunities and threats.
Various tools exist to guide the decision-making process. They frequently provide questions that fall under each of
the four SWOT elements.
For example, participants might be asked the following to identify their company's strengths: "What do you do better
than anyone else?" and "what advantages do you have?" To identify weaknesses, they may be asked "where do you
need improvement?" Similarly, they'd run through questions such as "what market trends could increase sales?" and
"where do your competitors have market share advantages?" to identify opportunities and threats.
The end result of a SWOT analysis should be a chart or list of a subject's characteristics. The following is an example
of a SWOT analysis of an imaginary retail employee:
* Strengths: good communication skills, on time for shifts, handles customers well, gets along well with all
departments, physical strength, good availability.
* Weaknesses: takes long smoke breaks, has low technical skill, very prone to spending time chatting.
* Opportunities: storefront worker, greeting customers and assisting them to find products, helping keep
customers satisfied, assisting customers post-purchase and ensuring buying confidence, stocking shelves.
* Threats: occasionally missing time during peak business due to breaks, sometimes too much time spent per
customer post-sale, too much time in interdepartmental chat.
* A SWOT analysis should be used to help an entity gain insight into its current and future position in the
marketplace or against a stated goal.
* Organizations or individuals using this analysis can see competitive advantages, positive prospects as well
as existing and potential problems. With that information, they can develop business plans or personal or
organizational goals to capitalize on positives and address deficiencies.
* Once SWOT factors are identified, decision-makers can assess if an initiative, project or product is worth
pursuing and what is needed to make it successful. As such, the analysis aims to help an organization match
its resources to the competitive environment.
A SWOT analysis can be used to assess and consider a range of goals and action plans, such as the following:
Key aspects of building business capabilities with data governance and cloud computing:
Data governance means setting internal standards—data policies—that apply to how data is gathered, stored,
processed, and disposed of. It governs who can access what kinds of data and what kinds of data are under
governance.
Cloud governance is the process of defining, implementing, and monitoring a framework of policies
that guides an organization's cloud operations. This process regulates how users work in cloud
environments to facilitate consistent performance of cloud services and systems.
A data governance strategy is a plan that outlines how an organization manages its data. It includes how data
is protected, secured, and used to ensure compliance and quality.
Data quality
Data governance is important to ensure data is accurate, complete, and up-to-date.
A data governance strategy is a high-level plan that defines and outlines the goals and direction for data governance
within an organization — guiding decision-making and resource allocation. There are three key elements to building
a strong data governance strategy: Utilize a data governance framework.
Enterprise IT architecture:-
● Business objectives: Enterprise IT architecture helps an organization achieve its business goals
● Standardization: It promotes standardization across teams and organizations
● Security: It helps prevent shadow IT and reduce the risk of security vulnerabilities
Process
● Analysis: Enterprise architects analyze the organization's current IT assets and business processes
● Implementation: They implement the design and ensure it's reliable and relevant
Benefits Improved decision-making, Reduced operational costs, Better interoperability of systems, and Reduced risk
of security vulnerabilities.
The EA framework divides the organization into four domains by enterprise architecture: business, data, technology,
and application.
INFORMATION AND DECISION SUPPORT SYSTEM:-
An "information and decision support system" refers to a computer-based system designed to assist users, typically
managers within an organization, in making informed decisions by providing them with access to relevant data,
analytical tools, and models to analyze information and explore different scenarios, allowing for more effective
decision-making processes; essentially, it's a system that helps users gather, interpret, and utilize information to
make better choices, often dealing with complex or semi-structured problems.
Function:
To provide a platform for users to access and analyze data from various sources, allowing them to
evaluate different potential outcomes and make informed decisions.
User level:
Primarily used by mid-level and upper management within an organization.
Data types:
Can handle both structured and unstructured data, including internal business data and external market
information.
Key features:
● Data visualization tools: Present complex data in easy-to-understand formats like graphs and
charts.
● "What-if" analysis: Allows users to simulate different scenarios by changing variables and see
the potential impact on outcomes.
● Modeling capabilities: Utilize mathematical models to predict future trends and outcomes based
on input data.
● Interactive interface: Enables users to manipulate data and explore different analysis options
readily.
● Sales forecasting: Predicting future sales based on historical data, market trends, and promotional
strategies.
● Inventory management: Optimizing stock levels by analyzing demand patterns and lead times.
● Financial planning: Creating financial projections based on different investment scenarios.
● Risk assessment: Identifying potential risks and evaluating mitigation strategies.
Decision support system (DSS) is a computer program used to improve a company's decision-making
capabilities. It analyzes large amounts of data and presents an organization with the best possible options
available.
DSSes bring together data and knowledge from different areas and sources to provide users with information
beyond the usual reports and summaries. This is intended to help organizations make informed decisions.
A decision support application might gather and present the following typical information:
A DSS is an information system commonly used by middle and upper management levels of an organization,
typically in operations or planning teams.
What is the purpose of a DSS?
The purpose of a DSS is to gather, analyze and synthesize data to produce comprehensive information reports
that an organization can use to assist in its decision-making process. Unlike tools that are limited to just data
collection, DSSes also process that data to create detailed reports and projections. DSSes are an adaptable tool
meant to meet the specific needs of the organization using it. Finance, healthcare and supply chain management
industries, for example, all use DSSes to help in their decision-making processes. A DSS report can provide
insights on topics like sales trends, revenue, budgeting, project management, inventory management, supply
chain optimization and healthcare management. All of this is meant to provide decision-makers with
comprehensive information that can be used to make quicker and more accurate decisions.
Data centers are the physical infrastructure that support cloud computing, which is the delivery of computing
resources and services over the internet.
Data centers
Cloud computing
● Cloud computing is dependent on data centers to provide the necessary infrastructure and support
●
● Cloud data centers are built using existing hardware and storage resources
●
Benefits of cloud data centers Cost-effective, Reliable, Highly scalable, and Allow businesses to avoid the capital
expenditures of building and maintaining their own data center facilities.
The cloud computing backbone is Data centers in the cloud computing ecosystem that support range
diverse of services such as applications, platforms as well as infrastructure thereby serving as a critical
A data center is a centralized facility equipped with computing resources such as servers, storage
systems, networking equipment, and cooling infrastructure that is used for the delivery of cloud
services over the Internet. Data centers in cloud computing require high levels of reliability,
availability, and scalability. To achieve continuous operation and reduce the possibility of service
disruptions, they are built with redundancy and failover mechanisms, when need be. These
mechanisms include security measures such as access controls, encryption, and monitoring which
● Infrastructure Hosting: Data centers are buildings or spaces where there is equipment
needed in order for it to function and maintain virtualized computer resources supporting
cloud computing. These hardware units have servers (computers), disks or tapes with
(networking), and air conditioners among other things that cool them down.
● Scalability: Based on demand, cloud providers have the capacity to increase or reduce
services to cater to, changing workloads while at the same time maintaining their
● Reliability and High Availability: Data centers have been made redundant and failover
mechanisms have been used to lessto and data centers and hardware components.
● Security: Things, like access controls, encryption or intrusion detection systems, and,
physical security protocols among other measures, are done by data centers as part of
robust security measures to protect against cyber threats as well as prevent unauthorized
access.
● Efficiency and Sustainability: In order to cut down on running expenses and environmental
footprints, data centers try to optimize their resource use and be more energy-effective.
Technologies, like virtualization, automation,, and cooling systems that save energy, are
employed in order to get the most out of available resources while using the least amount
of electricity possible.
Data centers serve as the foundation of cloud computing, enabling the delivery of a vast array of services
to users worldwide. They host the infrastructure that powers popular applications and platforms,
including social media networks, e-commerce websites, and enterprise software solutions. Without the
underlying infrastructure provided by data centers, the seamless experience of accessing data and
Infrastructure and resources are made available through data centers to offer computing services over the
internet in cloud computing. The following is a simplified explanation of how data centers function with
● Resource Provisioning: Cloud providers own and operate massive data center facilities
equipped with thousands of servers, storage systems, networking equipment, and other
hardware. These resources are pooled together and virtualized to create virtual instances
● Service Management: The services are provided, managed, maintained by these providers
so that customers have no longer to worry about handling the underlying infrastructure in
● Data Storage: data centers have colossal storage systems that can store petabytes worth of
information, quite a significant amount of information can be stored in Data centers. The
durability and availability of data is usually maintained through using multiple servers as
well as disks which ensure back-up copies are created every time some changes are made
to this information. This minimizes risk associated with data loss particularly due power
failures because there will always be power backups at least. Storage schemes vary in
distributed file system while others still use traditional storage ideas based on HDDs.
make communication among servers, storage systems and external networks easier
enabling smooth connectivity of cloud services with low latency and high throughput of
transferring data.
● Security: Data centers are especially characterized by elevated levels of security that help
protect sensitive information and also stop any unauthorized persons from accessing it. A
range of measures such as encryption, access controls, firewalls, intrusion detection systems
and physical security protocols are in place to protect both the infrastructure and the