The reasoning is deemed as the key logical element that provides the ability for human interaction in a given social environment. The key aspect associated with reasoning is the fact that the perception of a given individual is based on the reasons derived from the facts that relative to the environment as interpreted by the individual involved. This makes it clear that in a computational environment involving electronic devices or machines, the ability of the machine to deliver a given reason depends on the extent to which the social environment is quantified as logical conclusions with the help of a reason or combination of reasons.… Read the rest
Modern Information Systems
Application of Big Data in Retail Industry
Information technology is evolving rapidly, and now we are living in the artificial intelligence (AI) age which is considered a smart society where Internet of Things (IoTs) connecting to intelligent devices. Thanks to the advances in technology, retail is among the industries that are most affected by digital transformation. With this transformation, the consumer is changing their shopping experience and behavior from seeking products or shops, comparing, reading reviews to in-store, online and finally writing reviews, contacting customer service. The growing demands of modern consumers for excellent shopping possibilities gives the modern retailer room to innovate and understand shopper’s behavior better in response to the need of modern consumers. … Read the rest
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.… Read the rest
Impact of Information Technology on Organizations
The impact of information technology will have significant effects on the structure, management and function of most organisations. It demands new patterns of work organisation and effects individual jobs, the structure of groups and teams, the nature of supervision and managerial roles. Information technology results in changes to lines of command, authority and the need for reconstructing the organisation structure and attention to job design. Computer based information and decision support systems influence choices in design of production or service activities, hierarchical structures and organisations of support staffs. Information technology may influence the centralization or decentralization of decision making and control systems.… Read the rest
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 and relationships about customers and making connections based on this extraction, which might put customer’s information and privacy at risk.… Read the rest
A Breakdown of Leading 2019 E-Commerce Software Features
Billions of dollars, euros and pounds are exchanged between multiple parties on a daily basis thanks to the advancements associated with e-commerce platforms. A few leaders have emerged to dominate this marketplace and their associated technical advancements have ushered in an entirely new era in regards to effective point-of-sale solutions. 2019 is expected to represent another stellar year in regards to user-friendly options for growing businesses and there are a number of trends to watch out for. Let us take a look at what defines leading ecommerce software before examining why a specific provider is expected to enjoy the “lion’s share” of online business.… Read the rest