COMMERCE 2KA3 Lecture Notes - Lecture 1: Cloud Computing, Big Data, Information Technology Management

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The shared technology resources that provide the platform for the firm"s specific information system applications. Consists of the physical devices (i. e. , hardware) and software applications that are required to operate the entire enterprise. It is also a set of firm-wide services (e. g. , consulting, education, and training) Mainframes are large computers, expensive, reliable, still used today. Wanted to have a flow of data between departments. Access to a shared pool of computing resources over a network, often the. Amazon is the largest retailer of cloud computing. The power of computers has increased by 2 million since 1971; doubles every 18 months. The cost of storing data has decreased significantly, which is why big data is so popular. Companies have specific standards to meet when they are developing new technologies. Interconnected computing devices become more pervasive and embedded to more aspect of our lives. Managers have to make educated decisions about the use of it.

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