MIS 302F Lecture Notes - Lecture 1: Enterprise Information System, Digital Economy, Industrial Arts

• School: UT-Austin
• Department: Management Information Systems
• Course: MIS 302F
• Professor: S Provost

Document Summary

The branch of knowledge that deals with the creation and use of technical means and their interrelation with life, society, and the environment, drawing upon such subjects as industrial arts, engineering, applied science, and pure science. The sum of the ways in which social groups provide themselves with the material objects of their civilization. The application of computers and the internet to store, retrieve, transmit, and manipulate data or information, often in the context of a business or other enterprise. Hardware, software, data, procedures, and the people who interact with and are impacted by the system. Prior to digital technology (0s and 1s), we used analog technology. The economic activity resulting from the billions of online connections among people, businesses, data, devices, and processes. Moved from agricultural economy industrial economy digital economy. Digital economy = information economy, knowledge economy, service and self-service economy, sharing economy, and experience economy combined.