IS INNOVATIONS AND NEW TECHNOLOGIES

Course Outline

I. Introduction to IS Innovation
Definition and Importance of IS Innovations

What is IT innovation?
Information Technology (IT) innovation in an enterprise involves
using technology in new ways to create a more efficient organization and
improve alignment between technology initiatives and business goals.

IT innovation can take many forms. For instance, it can turn business
processes into automated IT functions, develop applications that open new
markets, or implement desktop, virtualization to increase manageability and cut
hardware costs.

IT innovation in the enterprise.

Many companies, including startups, try to institutionalize the process of
innovation by creating innovation teams from diverse segments of the company.
This is commonly termed innovation management. It ensures sustainable, long-
term growth of innovation capability. Other firms rely on individual employees to
flourish in an environment where innovation is encouraged.

Types of IT innovation
IT innovation can support a variety of enterprise needs, including product,
process, or business model development or improvement.

1. Product development: developing new and innovative products or

innovating existing products. Start up
2. Process Improvement: developing new processes and solutions for
existing problems. Problem and solution
Business model innovation: developing new business models using the
latest technology, partnerships or innovative ideas.

The benefits of IT innovation

Some of the expected benefits of IT innovation are outlined below.

1. Increased Competitive Advantage

 IT innovation, by its nature, creates a greater competitive advantage for
businesses as its aim is to solve problems and develop new products that are not
available in the market.
-edge among your competitors.

2. Reduced Costs
- IT innovation also typically brings with it new ways that businesses can
automate and simplify processes, leading to reduced operational costs for those
that utilize it, and a better value proposition for those that provide it.
-discount

3. Increased customer satisfaction

IT innovation can lead to the development of new customer service channels and
improved engagement with customers. This can result in increased customer
satisfaction and loyalty, and focuses on Convenience, effectiveness, and efficiency.
- very demure

4. Optimization of business processes

IT innovation can help businesses to optimize their internal processes and
workflows, leading to increased efficiency and productivity.
- Productive, hassle-free

5. Continuous Improvement
- Finally, IT innovation provides a path for a company to continuously improve
through the development of innovative products that resolve roadblocks for
organizations and provide more value.
-dynamic evolution of technology

Key characteristics of innovative information systems:

1. Adaptability: Can readily adjust to evolving market conditions, user needs,

and technological advancements.
- FLEXIBLE, adjust

2. Collaboration-focused: Designed to facilitate teamwork and information

sharing across different departments and teams.
- CAN SHARE
3. Integration with new technologies: Embraces emerging technologies
like AI, machine learning, and cloud computing to enhance functionality.
- Evolution

4. User-centric design: Intuitive interface and user experience that is easy to

navigate and tailored to specific user needs.
- Organized or standardized interface
 5. Data-driven insights: Ability to analyze large datasets to extract
meaningful information and make informed decisions.
- Process or store
6. Scalability: Can handle increasing data volumes and user demands without
compromising performance.
- Minimum and maximum capacity

7. Flexibility: Can be customized to fit specific business requirements and

workflows.
- Meet business requirement

8. Problem-solving capabilities: Addresses complex business challenges

with innovative solutions.
- Address issues

9. Efficiency improvements: Streamlines processes, reduces manual tasks,

and enhances productivity.
- DYNAMIC DEVELOPMENTS

10. Market Responsiveness: Anticipates market trends and delivers solutions

that meet customer needs.
-response to customer

Examples of innovative information systems:

 Customer Relationship Management (CRM) systems with AI-
powered chatbots for personalized customer service

 Predictive analytics platforms for forecasting market trends and

customer behavior.

 Internet of Things (IoT) systems for real-time data collection and

monitoring , such as Microsoft applications.
 Blockchain technology for secure and transparent transactions
 Collaborative project management tools with real-time document
sharing

A. Overview of the Philippine IS Landscape

 High digital engagement:
The Philippines is often called the "social media capital of the world"
due to its high social media usage rates.
 Growing digital economy:
The country has seen a surge in digital transactions across e-
commerce, digital media, and digital-enabling infrastructure,
contributing significantly to the GDP.
 Government initiatives:
 The DICT (Department of Information and Communications
Technology) plays a crucial role in driving digital
transformation through policies and initiatives to improve internet
connectivity and government online services.
 Infrastructure challenges:
While internet penetration is high, the quality of infrastructure,
particularly in rural areas, remains a concern, as internet speeds are
slower compared to other Asian countries.
 Key areas of development:
 E-government: The government is actively developing online
platforms for citizen services and bureaucratic processes.
 FinTech: Growth in digital financial services is observed, with
increasing adoption of mobile wallets and online banking.
 E-commerce: The online shopping industry is expanding rapidly, with
major players emerging.
 Challenges to address:
 Digital divide: Bridging the gap in access to technology between
urban and rural areas.
 Cybersecurity concerns: Strengthening cyber defenses to protect
against growing cyber threats.
 Digital literacy: Promoting digital literacy to empower citizens to
utilize technology effectively.

II. Emerging Technologies in IS

a. Artificial Intelligence (AI) and Machine Learning in IS
- What is machine learning?
- Artificial intelligence is a broad field, which refers to the use
of technologies to build machines and computers that have the
ability to mimic cognitive functions associated with human
intelligence, such as being able to see, understand, and
respond to spoken or written language, analyze data, make
recommendations, and more.

- Although artificial intelligence is often thought of as a system in

itself, it is a set of technologies implemented in a system to
enable it to reason, learn, and act to solve a complex problem.

What is machine learning?

- Machine learning is a subset of artificial intelligence that
automatically enables a machine or system to learn and
improve from experience. Instead of explicit programming,
machine learning uses algorithms to analyze large amounts of
data, learn from the insights, and then make informed
decisions.
-
- Machine learning algorithms improve performance over time as
they are trained—exposed to more data. Machine learning
models are the output, or what the program learns from
 running an algorithm on training data. The more data used, the
better the model will get.

b. Internet of Things (IoT): Applications and Implications

- The Internet of Things (IoT) describes the network of physical
objects—“things”—that are embedded with sensors, software, and
other technologies for the purpose of connecting and exchanging
data with other devices and systems over the internet. These devices
range from ordinary household objects to sophisticated industrial
tools.
Oracle SCM applications
What technologies have made IoT possible?
While the idea of IoT has been in existence for a long time, a collection of recent
advances in a number of different technologies has made it practical.
 Access to low-cost, low-power sensor technology
Affordable and reliable sensors are making IoT technology possible for more
manufacturers.

 Connectivity.
A host of network protocols for the internet has made it easy to connect
sensors to the cloud and to other “things” for efficient data transfer
 Cloud computing platforms
The increase in the availability of cloud platforms enables both businesses
and consumers to access the infrastructure they need to scale up without
actually having to manage it all.
 Machine learning and analytics
With advances in machine learning and analytics, along with access to
varied and vast amounts of data stored in the cloud, businesses can gather
insights faster and more easily. The emergence of these allied technologies
continues to push the boundaries of IoT and the data produced by IoT also
feeds these technologies.
 Artificial intelligence (AI)
AI is driving an increase in demand for cloud computing services and data
centers, as large amounts of data are required in AI model training to detect
patterns or predict numbers.

c. Cloud Computing and Its Role in Modern IS

d. Block chain Technology: Concepts and Use Cases in IS

 SLOTS KEYS EXAMPLE
0 72
H(4)= 36 / 8= 4.5
1 75
2 18
H(2)= 18 /8= 2.25
h(k)= k/ table size 3 43
4 36
H(0)= 72 / 8= 9
5
6 6
H(3)= 43/ 8= 5.38
7

SLOTS KEYS division hashed function

0 28 2.8 h(0)=28% mod 10= 8
1 75 7.5 h(1)= 75% mod 10= 6
2 2 0.2
9.9
h(k)=k mod m
3 99
4 0
5 0
6 31 3.1
7 0
8 0
9 0