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Supersummary: Information systems today: managing the digital world (8th edition)Globalization leads to economic changes, technological changes and cultural changes. It reduces transportation costs, but creates governmental, geoeconomic and cultural challenges. Demographics change, economic power changes, sustainability is becoming more important as well as technological innovation. Trends shaping IT are mobile, social media, internet, cloud computing and big data. IS collect, distribute and create useful data, working with networks, software and hardware. Different types of IS are: transaction processing systems (TPS), management information, office automation, decision support, business intelligence and electronic commerce systems. IS supports business processes, automating, organizational learning and strategic planning. Four business strategies are: home-replication, global, multidomestic and transnational. Innovation is important for differentiation. To adapt an organization needs process, resource and risk tolerance requirements. The cycle of disruptive innovation consists of choosing enabling technologies, matching these to opportunities, executing business innovation for growth & selecting technology with the biggest potential and assessing its value. IS infrastructure consists of software, hardware, storage, data centers and networking. Storage, transmission of data and processing are capabilities organizations depend on. Software helps with automization. Databases are crucial for operations and competitive advantages, for operational, backup and archival purposes on basis of life span, access speed and timelessness. Five types of computers are: supercomputer, mainframe, server, workstation and personal computer. Computing network types are personal area network (PAN), local area network (LAN) and wide area network (WAN). Electric commerce (EC) is the exchange of services, goods an money supported by communication technologies...
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