Enterprise Resource ManagementEssay Preview: Enterprise Resource ManagementReport this essayThe mid-1990s marked the start of a period of innovation in corporate IT, when the internet and enterprise software applications–like enterprise resource management (ERP), customer relationship management (CRM), and enterprise content management (ECM) became practical tools for business. But the way Internet has evolved has been quite unimaginable. The emerging buzzwords in the market today are Cloud computing, Social media, Analytics, Big data etc. These technologies will help in process improvements, cost optimization and understanding customers orientation.
Cloud computing is transforming the face of IT, with the potential to deliver real business value. The rapid availability of computational resources in a cloud computing environment enables business agility. The “Pay Per Use” model provides robust mobility and flexibility. The adoption of cloud technology will also be a green initiative of the companies. Companies can reduce the energy use and carbon footprint of computing. Besides this, Cloud computing will help in generation of thousands of jobs.
Adoption of Social Media has been growing in an incremental manner over the past few years. In an attempt to capitalize the large user base present on such websites, business people have been experimenting different approaches in order to gain a competitive edge and promote their products and services to consumers. Now this social media is emphatically running on mobiles and smartphones. Consumer behavior can be effectively studied with the help of social media marketing.
The era of Big Data is underway. Business people argue about the potential benefits and costs of analyzing social media interactions, phone logs and other digital traces left by people. A powerful new business tool–Analytics–is enabling many firms to aggressively leverage their data in key business decisions and processes, with impressive results. Rather than “going with the gut” in pricing products, maintaining inventory etc, managers in these firms use data analysis and systematic reasoning. Data mining and Business Intelligence are the key drivers of data analytics. Analytics can be used in diverse domains such as Marketing, Financial Research, Operations, Human Resource etc. Social media analytics is latest buzzword in the area of analytics. Such analytics will help us understand online communities and political movements.
We are all on the same page, not one of them. That’s why Analytics is an emerging tool that aims to equip the new generation of technology companies including Internet of Things (IoT) companies that are creating the new kinds of digital services to drive digital and consumer driven transformation.
With Analytics, IT professionals (e.g., IT/Oversight, IT/SEO / Customer Service) can gain insights on user experience and their overall needs as part of their operations, and then utilize these services to create, manage and plan better use of their own time or space.
While there are certainly few reasons to use Analytics, the benefits of an improved platform are far larger than the costs and complexity of using it.
The big opportunity is in providing a much smarter business model on a mobile/tablet, using analytics to improve the overall quality, agility and cost reduction of existing infrastructure. To achieve this goal, we are developing a new integrated business tool that will be used with the upcoming Analytics platform, which will provide companies analytics, in-service analytics & analytics systems and analytics tools that will focus on real world data collection. Additionally, the Business Intelligence Platform for Analytics, which will enable the full integration with the relevant analytics tools & applications to drive economic, operational, public policy, human resource and social engagement.
The Business Intelligence Platform for Analytics will enable enterprises to better manage user experience & to make strategic decisions in areas such as the amount of data an organization has on them, the business needs and budget requirements of its customers and the overall data collection and analysis system for their enterprises. As the world’s largest IT and professional information technology company, we aim to improve the business and provide smarter business insights, including an ability to better monitor and collect data directly to organizations with the business needs and budgets of it.
For more information, please visit our AdSense page where you can learn more.
Explore your data on Business Intelligence, a new & innovative technology platform that creates smarter, more effective or scalable IT solutions. With the same focus on analytics and information, you can easily manage your data on any platform that you use or use to build on top of Analytics. With Analytics, you can learn and utilize analytic tools as you create, manage and plan faster, at a higher cost and with the same benefits. Analytics and Information Management is the next frontier in Information and analytics, and now is the next in a long line of new software offerings that enables IT to better serve our customers and their business objectives.
Explore our next big Data Driven Solution, one of the world’s most successful multi-core technology companies for cloud-based data computing, our largest data science company for data visualization and analytics, based in the heart of Silicon Valley. The Data Analytics platform for analytics enables our customers to manage their data by:
Analytics, Analytics, Analytics, Analytics. Analytics will enable the full integration with Analytics platforms.
Integrating to Business Intelligence, in addition to the data analytics platform, are other areas where Business Intelligence is also on the roadmap to integrate. The goal is to provide you with
Social Media And Big Data. (August 20, 2021). Retrieved from https://www.freeessays.education/social-media-and-big-data-essay/