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Published byHollie Lloyd Modified over 8 years ago
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The Information Age Redefining the Rules of Business
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The Disruptive Power of the Internet How has the internet changed the way business operates? How we market products and services How we process payment How we discover new prospects Virtual reality driven businesses New threats from crime
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Effects of the Internet Increase in competition Decrease in margins Increase in caliber and quality Increase in rate of change
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Innovation = Disruption The Age of the Internet has fostered the “Creative Destruction” of traditional business models. Consider: Travel Agencies Car Dealerships Christmas Shopping Phone Services
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Disruption Disintermediation Freeconomics
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Reach vs. Richness
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Enterprise Cloud Computing Amazon Web Services (AWS) Google Cloud Platform
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AWS Case Study: Johnson & Johnson https://aws.amazon.com/solutions/case-studies/johnson-and-johnson/https://aws.amazon.com/solutions/case-studies/johnson-and-johnson/ (VIDEO) J&J main product offerings (pharmaceuticals and medical devices) How J&J have achieved global growth (M&A) Forces in the competitive landscape: demand for efficiency, transparency, healthcare reform, emerging markets (Sounds like Michael Porter??) What AWS did for J&J’s technology architecture Servers on demand & Virtualization Compliance with FDA, HIPPA, CMS Insights (how does big data create value by providing insights?) BYOD ideas
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AWS Case Study: Netflix https://aws.amazon.com/solutions/case-studies/netflix/https://aws.amazon.com/solutions/case-studies/netflix/ (VIDEO) How has AWS solved Netflix’s technology needs? What are virtualization instances? What are the benefits of scalability in architecture? What are some other potential uses for web services solutions?
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GCP Case Study: Snapchat https://www.youtube.com/watch?v=17PtS1Qx8kUhttps://www.youtube.com/watch?v=17PtS1Qx8kU (VIDEO) Google Cloud Platform is competing directly with AWS Snapchat has been valued at ~$15 Billion All it offers is an app to share temporary images Is scalability important in this case? Imagine surges in demand during events like Superbowl, Academy Awards, Elections, etc.
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Sarbanes-Oxley (2002) Public Company Accounting Oversight Board (PCAOB) Auditor Independence Corporate Responsibility Enhanced Financial Disclosures Analyst Conflicts of Interest Studies and Reports Corporate and Criminal Fraud Accountability White Collar Crime Penalty Enhancement Corporate Tax Returns (CEO) Corporate Fraud Accountability
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Sarbanes-Oxley Enacted in response to major accounting scandals involving Enron and WorldCom Designed to prevent accounting fraud, increase corporate transparency, eliminate conflicts of interest, and protect whistle- blowers Has major impact on ERP systems and business software
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HIPPA (1996) Title I: Health Care Access, Portability, and Renewability Title II: Preventing Health Care Fraud and Abuse; Administrative Simplification; Medical Liability Reform HIPAA Privacy Rule (2003) Transactions and Code Sets Rule Security Rule Unique Identifiers Rule (National Provider Identifier) Enforcement Rule
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HITECH Act (2009) Health Information Technology for Economic and Clinical Health Act "the most important piece of health care legislation to be passed in the last 20 to 30 years” "foundation for health care reform” Electronic Health Record (EHR)
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