1. Information Systems in Organizations 3.2 Systems Management

3. Build Your Own Study Guide Wikipedia: Systems Development Lifecycle Wikipedia: Systems Development Lifecycle What are 3 key points from this reading? What are 3 important details from this reading? Students will be called upon at random

4. ? What is the Systems Development Life Cycle (SDLC)? Waterfall Agile Requirements Analysis Design Coding Testing Training Go Live Maintenance Buy vs. Build

5. IS Development in Action 9-5 Structured process moving through steps Problem decomposition – Problems broken up into simpler, smaller pieces Systems Analyst role – Help define requirements – Manage the project

6. Steps in the Systems Development Process 9-6 Systems development life cycle (SDLC) – Systems development goes through a cycle – Once completed, a systems moves into an ongoing maintenance phase that parallels the initial development process.

7. ? What is better, to buy solutions off the shelf or build your own solution? How does this impact the SDLC?

8. Build Your Own Study Guide Build vs. Buy: How to Know When You Should Build Custom Software Over Canned Solutions Build vs. Buy: How to Know When You Should Build Custom Software Over Canned Solutions What are 3 key points from this reading? What are 3 important details from this reading? Students will be called upon at random

10. The Information Age Redefining the Rules of Business

11. Build Your Own Study Guide What We Know, Now, About the Internet’s Disruptive Power What We Know, Now, About the Internet’s Disruptive Power What are 3 key points from this reading? What are 3 important details from this reading? Students will be called upon at random

12. 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 opportunities for crime

13. How has the photographic equipment industry been distrupted? ?

14. Effects of the Internet Increase in competition Decrease in margins Increase in caliber and quality Increase in rate of change

15. Reach vs. Richness

16. What is the value of IT projects? Often intangible and difficult to measure Main objectives are to reduce labor costs or gain new business ROI using NPV calculation Balanced Score Card (BSC) Causal Loop Diagram

18. Compliance Considerations Sarbanes-Oxley HIPPA HITECH FDA CMS Safe Harbor Agreement

19. Sarbanes-Oxley (2002) 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

20. Build Your Own Study Guide CEA’s 5 Tech Trends for 2015: From Big Entertainment to Small Business CEA’s 5 Tech Trends for 2015: From Big Entertainment to Small Business What are 3 key points from this reading? What are 3 important details from this reading? Students will be called upon at random

21. Trends in Technology The Consumer Electronics Association (CEA) has announced its Consumer Electronics Association 5 Technology Trends to Watch for 2015

22. Big Data

23. Insurance underwriting based on monitoring Credit rating based on indicators Purchase habits iBeacon – shopping behavior How we talk it (plain English, please!) Unstructured data So many sources

24. Big Data: Analytics ^ Click image to watch video

25. Big Data: Analytics If Muhammed will not go to the mountain, the mountain will go to Muhammed. Bring the processors to the data instead of bringing the data to the processors.

26. Big Data: Analytics Parallel Processing ETL (Extract, Load, Transform) Evolution of data generation MapReduce Employees, Companies Consumers, Web 2.0 Machine- generated ? Social Mobile Weblog Sensors Monitors Satellite

27. Entertainment, Gaming, & Immersion D-Box entertainment theatres simulate motion & feel Guitammer Company and ESPN2 broadcast in 4D – Simulate feel, look, sound, and vibration of the experience – Experience the game from the player’s perspective Kinect Wii Project Holodeck Oculus Rift virtual reality ^ Click image to view link

28. Build Your Own Study Guide Leagues see real benefits in daily fantasy sports Leagues see real benefits in daily fantasy sports What are 3 key points from this reading? What are 3 important details from this reading? Students will be called upon at random

29. Fantasy Sports Great for: Live viewership Advertising Content Providers Real money in imaginary games

30. Business Innovation Scalability Lower barriers of entry Lower switching costs Network effect Increasing returns to scale Shift to services – Think of SaaS – Software > hardware Multi-sided platforms – Uber – App Dev Big companies need to think about how they innovate – Alphabet as an example – Open Innovation as a model

31. Build Your Own Study Guide Hidden in the long tail Hidden in the long tail What are 3 key points from this reading? What are 3 important details from this reading? Students will be called upon at random