Federal Express is a global express transportation and logistics company that offers customers a single source for global shipping, logistics, and supply chain solutions. It was founded in 1973 by Frederick W. Smith. Since its inception FedEx pioneered the express delivery industry. The company focused on the core business of express delivery and provided overnight delivery services to the customers globally. However, the transformation of businesses and customers from old economy to the new economy forced FedEx to reposition itself from ‘overnight delivery service’ to a ‘one-stop-shop’ for the entire logistics requirement of the business. The company became the logistics service provider of leading organizations, like, General Motors. Background of FedEx During the late 1960s, Frederick Smith (Smith) chanced uponContinue reading
Business Information Systems
Data Warehousing – Meaning, Benefits and Implications
What is Data Warehousing? The term data warehouse or data warehousing was first coined by Bill Inmon in the year 1990 which was defined as a “warehouse which is subject-oriented, integrated, time variant and non-volatile collection of data in support of management’s decision making process”. When referring to data warehousing as subject oriented, it simply means that the process is giving information about a particular subject rather than the details regarding the on-going operations of the company. Moreover, when data warehousing was referred to as integrated it means that the data or information which are gathered from a number of sources are then all gathered to synthesize a coherent whole. On the other hand, data warehousing being time variant simplyContinue reading
Data Mining and Privacy Concerns
In data mining, the privacy and legal issues that may result are the main keys to the growing conflicts. The ways in which data mining can be used is raising questions regarding privacy. Every year the government and corporate entities gather enormous amounts of information about customers, storing it in data warehouses. Part of the concern is that once data is collected and stored in a data warehouse, who will have access to this information? Oftentimes a consumer may not be aware that the information collected about him/her is not just shared with who collected the information. With the technologies that are available today, data mining can be used to extract data from the data warehouses, finding different information andContinue reading
The Changing Face of Modern E-Commerce Software Solutions
The e-commerce industry generates billions of dollars on an annual basis and it is no surprise that this trend is only expected to pick up pace in 2019. However, the entire sector has also become highly competitive due to the influx of small- to medium-sized businesses. No longer are e-commerce solely intended for larger organisations with a significant amount of investment capital. Individual business owners are now leveraging the tools that these software applications have to offer. This is why a paradigm shift has become taking place. E-commerce solutions now need to be tailored around the needs of those with little previous coding or financial management experience. What are some variables that are expected to change in 2019 and whyContinue reading
Distributed Data Processing (DDP)
Distributed database system technology is the union of what appear to be two diametrically opposed approaches to data processing: database system and computer network technologies. Database system have taken us from a paradigm of data processing in which each application defined and maintained its own data to one in which the data is defined and administered centrally. This new orientation results in data independence , whereby the application programs are immune to changes in the logical or physical organization of the data. One of the major motivations behind the use of database systems is the desire to integration the operation data of an enterprise and to provide centralized, thus controlled access to that data. The technology of computer networks, onContinue reading
What is Dumpster Diving?
In the world of information technology, dumpster diving is a technique which is used to retrieve information that could be used to carry out a fraudulent activity. Many people throw away their sensitive documents that contain their personal information without destroying them properly that a fraudster can find in trash cans and as a result use this information to commit a fraud. Dumpster diving is not too meant to probing through the trash for noticeable resources like identity numbers or passwords written down on papers. Apparently useless information like a phone list, calendar, or organizational chart can be used to obtain valuable information. Shopping, can easily memorize your details including name, address and the last three numbers of your creditContinue reading