Developing Business Information System Solutions Essay

Developing Business Information System Solutions - Essay ExampleIt call for to be mentioned that because of the lines of emergence of high speed internet connectivity, the network of communication channels has improved in a drastic manner all over the founding. The internet has played a major subroutine in the process of creating the channels of communication in the various regions of the developed as well as the development economies. It can be rightly said that it is of considerable importance to highlight that this technology provide development has resulted in the process of transformation of the globe, where the entire world can be represented and more and more seen as a single and well connected global entity. Because of this technology powered transformation of the world around us, there has always been a steady evolution of various kinds of trends associated with the factor of globalization. The trends of globalization, that are emerging from all corners of the world a re increasingly getting diffused at a very quick pace and it is happening irrespective of the fact of whether the regions are located in the developed or developing economies. The rapid diffusion of the trends of globalization is resulting in the process of evolution of various kinds of innovative types of consumer demands. ... It has to be say that the entry of new firms in a specific market plays a very important contribution in increasing the level of competition and thereby leads to the process of increasing the consumers power. In this case, the decoct is on a commercial and domestic equipment hire company named EquipHire. The companys management has determine the fact that the existing education system is nearing the last stage of its product life cycle. As a result, the top management is looking for a fresh assessment of the contrast information requirements of the company along with recommendation for new information systems which will be successful in meeting the cu rrent business based requirements of the company. Description of the business While discussing about the business, it needs to be stated that the company EquipHire is in the business of providing commercial and domestic equipments for hire. The company has eleven branches which are spread in various regions ranging from metropolitan Sydney, Wollongong as well as New Castle. The manpower of the company is a combination of both lavish time and part time employees. The product portfolio of the company is highly diverse in nature and comprises of expression and engineering tools, equipments for industrial plants as well as domestic categories. Around 70% of the companys gross revenue are from the commercial sector like construction, engineering as well as architecture. Also, the sales from the domestic sector are growing at a steady rate and are first to contribute in an active manner. Key information required for the business It needs to be considered that the information technology is a highly evolving field. With the passage of time, the development of new kinds of software often leads to the emergence of new information