Strategic Role of Information Systems Essay Example for Free

Strategic Role of Information brasss EssayInformation Systems (IS)Information Systems is clays comprising of people, processes and engineering science to process information into meaningful and interpretable teaching. This trunk aims at assisting management and military control operations in making vocation decisions and support business processes. There are various types of information systems, for example accomplishment processing systems, decision support systems, knowledge management systems, learning management systems, database management systems, and office information systems. Critical to most information systems are information technologies, which are typically designed to enable adult male to perform tasks for which the human brain is not well suited, such as handling large amounts of information, do complex calculations, and controlling many simultaneous processes. Organizational HierarchyThe components of information systems can be broadly speaking categor ized into Hardware, Software, Data, Procedures, People and feedback.ExecutiveInformation SystemDecision SupportSystemManagmentInformation SystemTransactionProcessing SystemStrategic Importance of Information Systems.In current world and business scenario right information, at the right time and with the right person can be the difference surrounded by survival and extinction of an organization. A strategic IS helps an organization gain a competitive advantage by dint of its contribution to the strategic goals of an organization and its ability to significantly increase performance and productivity Information system can help strategize an organizations business model or enhance existing ones to give it an edge all over its competitors.The different thoughts currently in the market for successful information systems management strategies areDescriptive Analytics This is base on historical data and represents patterns that occurred in the past.Predictive Analytics This is also b ased on historical data and related patterns but has the intelligence to predict related probable events that might occur in the scraggy future. Prescriptive Analytics This stream not only identifies patterns and probable near future events but also adumbrate probable course of actions based on past experiences. For Example How much cash to keep in each ATM machine across the country and what currency notes to keep for each one of them so as to reduce idle cash and ensure customer satisfaction. Again organizations are employing predictive and normative analytics to identify probable attrition cases and related remediation patterns.Probuddho Halder EMBA ITM 2015Information courtesy Canadian Center of intelligence and EducationCases of Successful Information System.A few examples of effective and strategic use of information system are Ryanair Airlines is an Irish low- embody airline headquartered in Swords, Dublin, Ireland, with its primary operational bases at Dublin and capi tal of the United Kingdom Stansted Airports in 2013, Ryanair was both the largest European airline by scheduled riders carried, and the busiest international airline by passenger numbers. In 1986, the two Ryan brothers announced that their young airline will take on giants like British Airways and Aer Lingus for thefirst time on the r issuee between Dublin and London.It significantly undercut those two airlines on price, bringing in people who had previously preferred rail or ferry tickets. The Rayan brothers had based their business model on a robust and reliable information system that showed that the big airlines were missing out on a successful customer base out of the middle and lower middle dissever commuters, who were least concerned about luxury and opulence and were more interested in pure transport.Pre-Shipment( amazon) Amazon the e-commerce giant is working on a model whereby they will base their product chargeping scheme based on the browsing patterns of users. Predi ctive analytics will predict that a customer is most seeming to buy a product and in a given time frame. Amazon will ship the product to the nearest warehouse even before the consumer has position the order and ultimately when the order is placed deliver it within hours and not days. This clubbed with bulk order description can significantly reduce the logistics cost for amazon at same time increase the customer delight.