Friday, April 24, 2009
Excelling in CRM!
As I surfed through this website I came across this really cool software by the name of Salesforce CRM Ideas. This is one type among many tools of Salesforce CRM. Distinction about this application is that it allows the company to connect with their consumers. And is a very unique connection: the company can now obtain valuable feedback from their consumers and incorporate their suggestions in improving their product. This is CRM at its best!
Salesforce.com gives details about multitude of services! Each one is better and of superior purpose. For instance, it offers the the platform of Integration. This is actually a link to Force.com and as the name suggests it has many integration ERS that can help the company join their IT capabilities in the best of ways.
A good thing of this website is that it offers success stories. This serves as a good evidence backing its claims of providing the best CRM systems.
Also this website allows access to its clients to an interface through which they can remain connected. So it is like a CRM selling company doing CRM too!!
Tuesday, April 14, 2009
Chapter 07: Telecommunications, the Internet, and Wireless Technology
MIS IN ACTION (page no 335)
Q1: Describe some RFID applications that might pose a threat to privacy. What information does RFID enable them to track?
Answer:
The website describes the notoriety of the RFID systems. The main use of this technology has been to identify and understand the behavior of consumers and the motives behind their purchases. Products embedded with RFID tags can continuously transmit information ranging from an electronic product code (EPC) identifier, to information about the item itself, such as consumption status or product freshness. Data processing systems read and compile this information, and can even link the product information with a specific consumer. This composite information is vastly superior—and more invasive—than any data that could be obtained from scanning bar codes. RFID systems enable tagged objects to speak to electronic readers over the course of a product's lifetime—from production to disposal—providing retailers with an unblinking, in depth view of consumer attitudes and purchase behavior.
- Tracking apparel: Clothing retail items can be embedded with RFID tags. The implanted devices enables the retailer to track individuals and inventory their belongings by linking a consumer's name and credit card information with the serial number in an item of clothing.
- Tracking consumer packaged goods (CPGs): This is an innovative invention to develop "smart shelves", which allows for real-time tracking of inventory levels.
- Tracking tires: This is a radio frequency tire identification system for passenger and light truck tires. The RFID transponder is manufactured into the tire and stores tire identification information, which can be associated with the vehicle identification number (VIN). The tags could ultimately become tracking devices that can tell where and when a vehicle is traveling.
- Tracking currency: RFID tags as thin as a human hair can be embedded into the fibers bank notes. The tags would allow currency to record information about each transaction in which it is passed. Governments and law enforcement agencies hail the technology as a means of preventing money-laundering, black-market transactions, and even bribery demands for unmarked bills.
- Tracking patients and personnel: This system, all patients, visitors, and staff entering the hospital are issued a card embedded with an RFID chip. The card is read by sensors installed in the ceiling, which record exactly when a person enters and leaves the department.
- Payment systems: This system implements radio frequency (RF) in wireless payment systems. This can enable RFID communication between PCs, handheld computers, and other electronic devices.
(DISCLAIMER: The information for this answer has been quoted and used from the official RFID systems website : http://epic.org/privacy/rfid/)
Q2. How do these applications threaten personal privacy? How serious is this threat?
Answer:
RIFD tags have the powerful intelligence of reading RFID tags attached to any retail product or cards in the wallet. The breach to consumer privacy is the biggest threat. Retailers can easily can complete consumer profiles, information about their lifestyles, they places they visit and activities they do. And all of this is done without the consent of the consumer! This is a violation of the fundamental human right: the right to live! Privacy is defined as the choice of being left alone. It is the freedom of not being known to others.
There is growing recognition that the same RFID application which is employed ostensibly to prevent counterfeiting or the theft of cash or goods could also be used to track an individual’s spending habits, preferences and even physical movements.
The potential for RFID to be used to target individuals - not just to check stock levels or ensure baggage does not get lost in transit - is made more serious by the issue of access. Not only will the deployer of an RFID tag, such as a retailer, be able to access the information contained in a tag, but anyone with the right equipment will also be able to do so.
From a privacy standpoint, the current simplicity of the tag’s response, which does not differentiate between requests based on origin or identity, is a flaw. Thieves could use the tags to locate the whereabouts of valuables and interested persons could obtain access to another’s medical records or passport details, or trace another’s spending habits or physical movements.
(DISCLAIMER: The information for this answer has been quoted and used from the website http://www.computerweekly.com/Articles/2005/04/04/209248/rfid-a-threat-to-privacy.htm)
Q3: Should these RFID applications be deployed? Why or why not? Justify your answer.
This is a very controversial issue. Like any other technology, it has its own pros and cons. The benefits of using this technology results in better business operation efficienvy and profitablity. Due to it's pontential of breaching privacy the use must be defined and contained by certain norms and guidelines. These guidelines can be veiwed by accessing this link: http://epic.org/privacy/rfid/rfid_gdlnes-070904.pdf If these guidelines are ethically followed then there is no harm in using RFID systems. Bodies to regulate the use must be established, and penalties for misuse must be set. Then only the use of RFID systems can lead to a sound social and economic advancement.
Monday, April 6, 2009
The World's TOP 10 Brands!
Citi is the world's 8th most powerful brand with an estimated value of $33.706 billion. Citigroup Inc was formed following the $140 billion merger of Citicorp and Travelers Group on April 7, 1998 to create the world's largest financial services organisation. The company employs almost 300,000 people around the world.Travelers was founded in 1864 in Hartford, Connecticut. It dealt in insurance and is noted for many industry firsts: the first automobile policy, the first commercial airline policy, and the first policy for space travel. In the 1990s, it went through a series of mergers and acquisitions. It was bought by Primerica in 1993, but the resulting company retained the Travelers name. In 1995, it became The Travelers Group. It bought Aetna's property and casualty business in 1996.Citicorp was the descendant of First National City Bank, founded in New York City. It was one of the oldest banks in the United States (founded in 1812), and had the largest international branch presence of any United States headquartered bank. In the 1960s and 1970s, chairman Walter Wriston led the bank into sovereign debt and loan syndication. It was Writsen who led the technology of ATM cards before the the banks. He also spearheaded the name change to Citibank in the late 1970s.Charles Prince is the company's chairman & CEO.
9. IBM
Toyota with an estimated brand value of $33.427 billion is the 10th most powerful brand in the world. Toyota Motor Corporation is a Japanese multinational corporation and the world's largest auto company that manufactures automobiles, trucks, buses, and robots. The headquarters of Toyota are located in Toyota, Aichi, Japan. It is the world's eighth largest company by revenue of $179 billion as of 2006.The company was founded in 1937 by Kiichiro Toyoda as a spinoff from his father's company Toyota Industries to create automobiles. It created, first as a department of Toyota Industries, its first product Type A engine in 1934 and its first passenger car in 1936. Toyota Motor Co. was established as an independent company in 1937. Although the founding family name is Toyoda, the company name was changed in order to signify the separation of the founders' work life from home life, to simplify the pronunciation, and to give the company a happy beginning. Toyota is considered luckier than Toyoda in Japan.Katsuaki Watanabe is Toyota's president and CEO, while Fujio Cho is chairman. Shoichiro Toyoda is the company's honorary chairman; Hiroshi Okuda is senior advisor; and Katsuhiro Nakagawa is vice chairman.
Tuesday, March 17, 2009
PRESIDENT 2.0-Obama harnessed the grass-roots power of the Web to get elected. How will he use that power now?
This is an article published in "Newsweek" published on Nov 22, 2008 tells such a story. It explains how the cutting edge technology and computer infrastructure facilitated in campaigning, building up strong voters for the now elect-president Obama.
The style in which this article has been written is quite interesting and makes one want to read on till the end. After reading about Web 2.0 and other MIS topics this article was easily understandable and provides a good understanding about the application of IT in real world. You can read the article by following the link:
IF- by Rudyard Kipling
If you can keep your head when all about you