L10_Trends in Information Systems

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Course: INTRODUCTION TO

MANAGEMENT INFORMATION SYSTEMS

Lecture 10: Trends in Information


Systems
Learning Objectives

Upon successful completion of this chapter, you will be able to


describe future trends in information systems.

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What’s Trending Now

• Digital Transformation
• Internet Of Things (IOT)
• Artificial Intelligence (AI)

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What is Digital Transformation?

• Digital Transformation (DT): the use of technology to


radically improve performance or reach of enterprises.
• Using digital advances such as analytics, mobility, social media
and smart embedded devices – and improving the use of
traditional technologies such as ERP – to change customer
relationships, internal processes, and value propositions.

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Building Blocks of Digital
Transformation

Business Model Customer experience

Operational Processes Digital Capabilities

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Digital Transformation Framework

Source: Capgemini Consulting

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Business Model

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Customer Experience

• Better customer understanding


• Increase customer touch points
• Customer analytics supports decision making on
manufacturing, marketing, investment etc.

Example with L’Oreal.

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Operational Process

• Internal data-driven
• Internal analytics
• Better productivity management
• Collaborative workspace

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Digital Capabilities Transformation

• The foundation of business model, customer experience and


operational capabilities transformation
• Analytics Capabilities
• Business & IT integration
• Knowledge management
• Business data analysis for business planning
• Product/Service innovation

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Internet of Things

• Embedded Sensors that collect data, send it to a cloud host and


tell us something.
• Applications
• Consumer applications: Smart home, Elder care…
• Organizational applications: Medical and healthcare, Transportation,
Building and home automation…
• Industrial applications: Manufacturing, Agriculture, Maritime…
•…

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IoT Examples

• Smart Office
• Smart home
• Useful IOT Devices
• Smart Farming
• Intelligent Transportation

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Artificial Intelligence (AI)

• “Intelligent” techniques are often described as artificial


intelligence (AI).
• There are many definitions of artificial intelligence. In the most
ambitious vision, AI involves the attempt to build computer
systems that think and act like humans.
• AI takes data input from the environment, process that data,
and produce outputs. AI programs differ from traditional
software programs in the techniques and technologies they use
to input and process data.

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Major types of AI techniques

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AI Applications in Business

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Summary

• Reviewed future trends in Information Systems.

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