...Amazon Evolution Ashleigh DeGlopper April 7, 2011 Business Information Systems Raina Knox The Amazon company has made some very significant changes in order to make a profit. The internet retail company wasn’t making the lead way that was needed in order to stay on top of the internet market as it is today. The competition seemed to overtake the Amazon company. In response to this Amazon began to offer other services to businesses. These services did veer away from the original internet retail part of the company. These other services were through the use of Amazon’s computing storage systems because Amazon only uses 10 percent of this storage at any time (Rainer & Turban, 2009). This strategy for creating profits is actually a wise strategy because Amazon is putting to good use of its extra computing storage systems for a price. This increases the profits for Amazon and also brings it into a new group of competition known as the global computing platform. This is possible because Amazon provides internet businesses with three different services. The first service is known as Simple Storage Services (S3) and is basically a way for businesses to store any data for a reasonable price. The second service is called Elastic Compute Cloud (EC2) and this helps businesses to process information. The third service provided is The Mechanical Turk which is used by other businesses for processing information and then organizing that information into useful knowledge...
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...ASSIGNMENT 1: MANGAGEMENT INFORMATION SYSTEM CASE STUDY 201311034009 宋蕊廷 2013 级金融班 宋蕊廷 201311034009 ASSIGNMENT 1: MANGAGEMENT INFORMATION SYSTEM Management Information System Assignment 1 (Case Study) 2013 Finance, School of Business 宋蕊廷 201311034009 Modernization of NTUC Income 1. What were the problems faced by Income in this case? How were the problems resolved by the new digital system? Problems: (1) The old HP 3000 mainframe frequently broke down, and backup or reconciliation would be needed. However, If daily backup was not completed, the affected day’s data would be lost and cost months to do reconciliation. (2) The 1980s COBOL programs broke multiple times, halted the systems and caused temporary interruptions, and it took IT team long time(from several weeks to months) to launch new products. (3) Transaction processing for policy underwriting was a batch process and information was not available to agents and advisors in real-time. (4) Various departments did not have up-to-date information and had to pass physical documents among each other. How were the problems resolved: Income switched to the Java base eBao LifeSystem from eBao Technology. The new system seldom broke down, and it enabled the IT team to launch a new product only in a few days by using the table-driven rule-based product-definition module; plus, the real-time hot backup disaster-recovery 1/9 宋蕊廷 201311034009 ASSIGNMENT 1: MANGAGEMENT INFORMATION SYSTEM center helped the company get real-time...
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...Applying Information Security and SDLC to Business Team Names Here BIS/320 Date Applying Information Security and SDLC to Business Amazon.com - Bookstore Amazon.com is known as one of the largest retail online stores in the world. Of course this online retail store was not always the largest and had a shaky slow start because the online layout was not eye-catching. In 1994, Jeff Bezos, who founded Amazon.com started his business in his garage in Washington State selling books. However, in 1994, Nick Hanauer took an interest in Bezos business and invested $40,000, and in 1995 Tom Alburg invested $100,000 to join this venture. After receiving these investments Bezos decided to create a website that would be more appealing to customers and hoped to get his business to take off. Over the next three years Amazon increase in book sales, which amazed Bezos because after an analysis was completed he was shocked to find out outside of local customers who were purchasing books from Amazons but customers around the world. In 1997, Amazon reached revenue in the amount of $15.7 million. By 1998, Amazon was starting to show signs of success when Bezos started listing new products for the customers could purchase online (Amazon.com Mission Statement, 2012). Vision and Mission - The mission statement for Amazon.com success is centered on their customers and without their customers Amazon would not exist. Although customers...
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...Information Security BIS/320 Information Security Kroenke, D.M. (2012) states that SDLC or Systems development life cycle is a conventional method of information systems development. To survive in the market, Amazon Corporation have put major thrust on areas like research, development and building new information systems. SDLC process comes in different versions with varying number of steps. Some go for the eight step process while few prefer the seven step process. Another variation is the five step process which includes the following stages: System definition, Requirement analysis, Component design, Implementation and Maintenance. There is a subtle difference between a disaster and a threat. Heavy physical loss of computing machinery due to natural causes, assault or terrorist attacks come under the category of Disasters. Threats cover issues arising from human errors, malicious illegal acts and natural disasters. An instance of human error would be an unintentional or intentional shredding of data by employees. Events like a twister or flood beyond human control can disable all computing services indefinitely. With all these factors established, it is important to consider the steps to be taken in preparing for disasters ahead of development of plans (Kroenke, “Information Security Management,” 2012). The SDLC process which has been so strictly and exhaustively followed by Amazon can be...
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...Amazon has developed a strategy to fully utulize their resources to effeciently make a profitable use of their technological resources. Amazon has an incredibly large data base infrastructure which is used to store information for all of Amazons transactions and their customers’ personal and finnancial information. Though Amazon is a leading online retailer with thousands of transactions occuring on a weekly basis, only ten percent of Amazons data base processing capacity is used at one time. Given Amazons finance struggles in their profit area Amazon decided to use the remaining available space in their infrastructure to service other companies who were in need of data storage and technical structure. The benefit of Amazons data base service to businesses is that they can save the time and effort of building their own server and storage network by using Amazons infrastructure. It is also relatively cheaper to use Amazons service than to try to set up your own server. The three services offered are the (S3) a simple storage service, the (EC2) an elastic compute cloud and the mechanical turk. The (S3) uses servers and hard drive space to store company information as well as raw data for 15 cents per gigabyte. This system is also used as a back up storage for company information. The (EC2) is a system designed for computing and processing information. The service of the (EC2) cost 10 cents per hour for the use of one basic server.Finally is the service of the mechanical turk...
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...The Evolution of Amazon The Evolution of Amazon Learning Team A BIS/219 April 14. 2011 David Avery Jr. The Evolution of Amazon The online company Amazon.com is revered for its creation of the first online bookstore. However, Amazon is also a pioneer in the implementation of information technology platforms that have helped it become a billion dollar global sales generator. When Amazon founder, Jeff Bezos, shipped the first online book order from his garage in Seattle, Washington in 1996, the concept of shopping from home via the internet was in its infancy. By 1999, Time magazine honored Jeff Bezos with the coveted Person of the Year award for making online shopping a part of mainstream society. Amazon.com employs 14,000 employees worldwide, operates out of seven different countries, possesses four IT patents and is still at the forefront of creating and utilizing IT platforms to improve, expand and revamp the data management and e-commerce processes. Amazon .com practically invented online shopping and e- business in much the same way that Wal-Mart did in the creation of the superstore. Although brick and mortar stores like Wal-Mart and Target generated huge profits from selling consumer goods, Amazon.com introduced to the retail giants a new venue to increase those profits. When sales appeared to slip. Amazon quickly regrouped and reinvented itself as an innovator in data storage, multi level e-commerce and a leader in information technology development. Competition...
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...Amazon.com Evolution Business Information Systems/219 October 25, 2010 Amazon.com Evolution With an untold amount of online retailers fighting for a piece of the consumer dollar, only one has risen to the top to become the world’s largest online retailer. With a diverse set of services to support its online retailing, Amazon is in direct competition with two of the largest Internet and software companies, but by using its vast informational resources Amazon has continued its success in internet based business. Many analysts and consumers wonder if Amazon.com is moving away from its core competency of being an online retailer. When you first look at Amazon.com starting from a book seller and trying to become a service provider your initial answer would be yes however, according to Jeff Bezos, the founder of Amazon.com his vision of the company was to create a place you could buy anything and everything. Bezos decided to start selling books because of the low cost, and he did it online because a computer allows you to sort, search and organize a wide selection. Between 1998 and 1999, Amazon.com went from books to music, DVDs/video, toys, electronics, home improvement, software, and games. As sales rise they continue to adventure out to a broader spectrum to bring more to their consumers. Amazon.com always focused on selling products to others and now was ready to launch other services. For instance auctions, search engines, simple storage...
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... First incorporated in July of 1994 and selling its first book online a year later in July of 1995 Amazon.com, Inc., often called simply “Amazon”, was first started by its president and CEO, Jeff Bezos as an on-line bookseller (“Amazon” 2012). The mission of Amazon (2012) according to their Web site is “To be Earth's most customer-centric company where people can find and discover anything they want to buy online” (Company Facts). Today Amazon sells much more than just books! The number one selling item for Amazon is their e-reader, the Amazon Kindle, along with, “digital products – Kindle, Kindle books and accessories” (secdatabase.com, 2012). First introduced in 2007 the Kindle now has many versions available in different sizes with many features. The Kindle has allowed Amazon to be technologically competitive by allowing the consumer to read multiple books on this small, sleek device. Now the Kindle Fire edition of the e-reader is even more advanced with games, social network access, data storage, and purchasing capabilities available. Amazon has numerous departments beyond physical books and electronic media. Amazon currently has several departments to include apps, clothing and accessories, computers, furniture, grocery and gourmet food, jewelry, music, sports and outdoors and toys and games to name only a fraction. Amazon...
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...Amazon Case Study I definitely think Amazon is moving away from its core capability of being a leading online retailer. I shop on Amazon.com frequently because of their competitive prices. Amazon.com provides new and used top of the line products for very low prices, and their used products, such as DVDs and video games, are in top shape. I am very pleased with Amazon.com being an online retailer. I do not think it is a wise thing to do. It is understandable that Amazon’s operating margins are lower than Wal-Mart’s because Wal-Mart is an actual retail store instead of an online retailer. Many people do not shop online, therefore the operating margins and profits are going to be different. The components of the Amazon database are the Simple Storage Service (S3), Elastic Compute Cloud (EC2), and the Mechanical Turk. With the Simple Storage Service, Amazon charges 15 cents per gigabyte per month for businesses to store data and applications on Amazon disk drives. With the Elastic Compute Cloud, Amazon rents out processing power, starting at 10 cents per hour for the equivalent of one basic server. The Mechanical Turk service combines processing power with networks of real people who are paid to do the kind of work machines cannot do as well as humans can, such as recognizing inappropriate content in images or transcribing audio. Companies post work onto the Mechanical Turk and pay people online. Amazon receives 10 percent commission for this work. The data management issues...
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...BUSI 3700 IS Journal #2 Da Huo 201007572 Part A 1. Information system Amazon: http://www.amazon.ca/gp/homepage.html?tag=lpo%5Fixgwamuscaen-21 2. Description (Where you used it, etc.) Amazon provides an online trading platform for vendors and customers. At the beginning of the last semester, I bought a second-hand organizational behavior text book (the 7th edition but can be the substitution) on Amazon using my laptop in the dormitory. It totally took me 32 CAD including shipping expense and taxes while the book store’s price was more than 110 CAD (the newest edition). 3. How did it benefit you? * It saved my time of going to bookstore and lining up at the registers. It allowed me to complete the whole transaction process at home. * It broke the business hours’ and places’ limitation. I can buy what I want anywhere has internet access at anytime. * It helped me to easily find many used books which often belong to rarities in MUN’s book store. * It provided me some substitutions such as the prior edition text book that I cannot find in the book store. * Based on my searching, browsing and buying habits, Amazon customized my special user page, provided me many related business courses’ books. * I can choose the seller after comparisons. 4. How did it benefit the organization that implemented it? * It helped the organization to expand their marketplace to global proportions. * Cheaper electronic transactions. Organizations...
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...Amazon Evolution Corina Benavides University of Phoenix 10/17/10 Dr. Veronica Sims In my reading of Amazon: “From Book Seller to Service Provider “Amazon has been able to diversify their business in such a way that will lead to an increase in both book sales and services offerings. I think Amazon is not moving away from its core competency of being a leading online retailer. I think because Amazon’s profits were falling and the business was suffering from inconsistent profit growth, Amazon had to strategies a way to sustain its business market positioning, and profit growth. The way Amazon strategized their positioning was by analyzing their current use of business offerings to the public. When analyzing what Amazon was using in terms of their business offerings, services, and processing capacity, inside company sources a.k.a. company executives evaluated the companies needs and assets. One major asset was Amazon’s two billion dollar infrastructure that was not used to its full capacity. According to the article Amazon: “From Book Seller to Service Provider” only 10% of Amazon’s processing capacity was being used at one time and that information begs the question, what is Amazon doing with the other 90%? With this information Amazon executives came up with a business strategy. Amazon developed three online business services that would use their existing processing system. The three services are S3, EC2, and The Mechanical Turk. The S3 offers costumers the storing...
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...Amazon is the largest online retailer in the world. At one time their mission was to revolutionize retailing. In some ways Amazon has done just that. Without Amazon’s lead we would not have as many online ventures that we see present today. Google and Microsoft are Amazon’s largest competitors. Both of these have put a dent in Amazon’s online business. Along the way, I believe Amazon strategy changed as they realized that there is much more than just their online retail services. “Amazon realized the need for computing storage and other services that can help companies and individuals run the technical and logistical parts of their business.” Amazon has the largest and most reliable infrastructure. This feature can and will help to attract many companies. “Amazon developed three services; Simple Storage Service (S3), the Elastic Compute Cloud (EC2), and the Mechanical Turk.” “Amazon’s S3 is used to store data and applications. Amazon charges 15 cents per gigabyte per month to use this service.” “Amazon’s EC2 is used to rent our processing power starting at 10 cents an hour which is equal to one basic sever.” “The Mechanical Turk service combines processing power with networks of real people to do the kind of work that machines cannot do well, such as recognizing inappropriate images or transcribing audio.” This helps produce many online jobs for people. Companies find this a very effective way to store all of their information in one place. It also helps their business run...
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...clients make the tough decision in choosing between Amazon and Google as their companies cloud computing provider. We provide a detailed explanation of cloud and why we focused on Amazon and Google. In helping our clients make their decision we will compare and contrast the two providers using three components. The first component is to examine each providers risk based on preventable risk, strategic risk, and the external risk. From here the report moves into the security measures that the companies have in place to deal with the aforementioned risk. The final component used is the benefits that Google and Amazon can offer our clients by using their service. Background This research report will compare the risks of cloud computing, security measures in place, and the benefits associated with cloud computing technology. More specifically, our report will focus on two of the most important companies in cloud computing—Google and Amazon. While conducting introductory research our team realized that cloud computing risk management is too broad of a topic and the report would be un-useful for our clients. The team decided that the best way to help clients would be to do a comparison of the two companies and show why one provider would be better than the other. In choosing companies we decided to examine Amazon which is the number one most important company in cloud computing and Google which has been an alternative to Amazon for many years. Since our client is unsure of what provider...
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...Assignment: Amazon Evolution Tracy Robinson Dalke XBIS 219 Business Information Systems June 19, 2011 Leslie D'Anjou Assignment: Amazon Evolution In order to keep up in the global revolution of internet Amazon has created services they can provide to businesses to utilize their unused processing capacity. These services make Amazon’s infrastructure available to companies and individuals to help them run the technical and logistical parts of their businesses (Introduction to Information Systems). I believe that Amazon is moving beyond its core competency, which began as an online book retailer. Amazon has gone from selling books to also selling some electronics, such as E-Readers. With the addition of the services Amazon is now introducing, they are more able to compete with Microsoft and Google. In adding services at reasonable prices Amazon has created and implemented a sound strategy that should help to keep them in the forefront of the global internet market. The services Amazon has added so far include Simple Storage Service (S3), which allows businesses to store data and applications on Amazon disk drives, Amazon charges 15 cents per gigabyte per month. Elastic Compute Cloud (EC2) is a service in which Amazon rents out processing power starting at 10 cents per hour. Some businesses use both of these services together saving the companies both money and time. The third service Amazon has added is called Mechanical Turk, this service combines processing power...
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...if Amazon is moving away from its core competency, competition with other companies, the use of its database, and how Amazon uses e-business and e-commerce for B2B and B2C. Amazon is a world known online retailer company. Jeff Bezos discovered Amazon in 1994. He launched the online store a year later. WOW! What a well written business plan. “The company began operating as an online bookstore under the name Cadabra.com, from the word abracadabra. Bezos quickly changed the name because it sounds too similar to cadaver. He renamed the company "Amazon" after the world's most voluminous river (Amazon.com, N.D.).”Amazon has not driven away from its core competency. The online retail store has just broadened their horizon. In the beginning, the company started off with Amazon existing as an online bookstore, but Amazon is now selling more products. The consumer can purchase books, electronics, clothing, furniture, movies, food, toys, and much more. The company had meetings in a garage, to Barnes and Noble for future meetings. The owner wanted so much more than just an online bookstore. It seems like he wanted Amazon to be a one stop shop. Today that is exactly what it is. The online bookstore was able to put forth countless times of more what competitive bookstores or catalogs could offer because lack of inventory stock in the local store. When Amazon first came to existence, one of the first promises they made was to revolutionize retailing. However, in recent years, Amazon has...
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