Emerging trends in it

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  • 1. IT for Management
    Emerging trends in IT

2. E-commerce is referred as a way of carrying business communications and transactions using computers over internet or any other network.
Transaction is referred as exchanges taking place between two entities.
E-commerce
3. B2C
B2B
B2A
C2C
Types of E-commerce
4. B2B E-commerce can also be used to
Develop, retain and cultivate relationships with customer
Streamline the supply chain, manufacturing, procurement process and automate corporate processes to deliver the right product and services to right customer quickly and cost effectively
Capture, analyze and share information about customers and company operations in order to make better decisions
B2B
5. B2A applications include submission of planning applications, tax returns or patent registration.
B2A
6. There exist five important processes in an E-commerce lifecycle
Information sharing
Ordering
Payment
Fulfillment
Support and services
Processes in E-commerce
7. E-cash
E-cheque
Credit card
Types of electronic payment
8. 24X 7
Reduced price
Global marketplace
Increased potential market share
Low cost advertising
Low start up cost
Secure payment system
Lower cost of practising business
Advantages of E-commerce
9. Unable to examine products personally
H/W and S/W
Distribution problems
Maintenance of website
Costs
Customer loyalty
Training and maintenance
Security
Disadvantages of E-commerce
10. EDI referred as electronic transmission of routine business documents such as purchase orders, invoices etc between computers in standard format.
EDI is transmission of business data between two machines
EDI is defined as a collection of public standard message formats and a data element dictionary that allows trading partners to exchange data in a simple way using any electronic messaging service.
EDI
11. Eliminate manual data entry
Improve data consistency
Increases compatibility
Common set of commercial tools and processes
EDI benefits
12. Most of the real benefits are strategic and intangible in nature.
Different approach to cost-benefit analysis is required
EDI limitations
13. Mobile phone services
SMS
MMS
WAP,WML
Mobile communication
14. Infotainment
Whether forecast
Messaging
Personal information manager
Financial services
E-banking, E-commerce
Location based services
Few new services
15. It is a satellite based navigation system, which is made up of a network of satellite placed into orbit by the US department of defense.
Comprises of 27 satellite
GPS (Global Positioning System)
16. Some useful application are
Aircraft Tracking
Vehicle tracking System
Surveyors
military weapons
GPS (Global Positioning System) application
17. Loyalty and stored value
Securing information and physical assets
E-commerce
Personal finance
Healthcare
Campus identification and access
Smart card application
18. Worldwide Interoperability for Microwave Access
The Institute of Electrical and Electronics Engineers (IEEE) 802 committee (802.16 ).
connectivity at speeds up to 70 Mbps
Wimax
19. WIMAX
20. WiMAX system consists of two parts:
WiMAX Base Station: Typically, a base station can cover up to 10 km radius.
WiMAX receiver: could be a stand-alone box or a PC card.
Goal of WIMAX:
Provide high-speed Internet access to home and business subscribers, without wires.
How Wimax works
21. Introduction
A WIMAX tower
An example of WIMAX receiver
: PCMCIA card
22. Wi-Fi (Wireless Fidelity) is a set of technologies that are based on the IEEE 802.11a,b, and g standards.
Wi-Fi is considered to be one of the first widely deployed fixed broadband wireless networks.
The Wi-Fi architecture consists of a base station that wireless hosts connect to in order to access network resources.
As long as the users remain within 300 feet of the fixed wireless access point, they can maintain broadband wireless connectivity.
Wi-Fi is the Predecessor of WiMax
23. Simplicity and ease of deployment given that it uses unlicensed radio spectrum which does not require regulatory approval.
Cost of rolling out this wireless solution is low.
Users are able to be mobile for up to 300 feet from the access point.
There are many Wi-Fi compatible products that are available at a low cost and can interoperate with other network technologies. Wi-Fi clients can work seamlessly in other countries with minimal configuration.
Strengths of Wi-Fi
24. Designed technically for short-range operations and basically an indoors technology.
Security is a concern.
Weaknesses of Wi-Fi
25. WiMax eliminates the constraints of Wi-Fi.
Unlike Wi-Fi, WiMax is intended to work outdoors over long distances.
WiMax is a more complex than Wi-Fi.
WiMax is not intended to replace Wi-Fi. Instead, the two technologies complement each other.
Relation of Wi-Fi and WiMax
26. Railways
Banking
Insurance
Airlines
Inventory
Hotel industry
Education
Telecom sector
Games
Financial services and Information kiosk
Class Assignment