Application of IT to Business and Employment.

In our Wednesday and Thursday lesson, you will be assigned an area in Business and Employment to investigate the following; All your short notes should be on OneNote

• What are the different IT systems, hardware, software, types of computers used in the area assigned?
• Identify the different stakeholders involved?
• With evidence from research, name at least 2 names of the industry assigned that use IT extensively. Describe how IT is used there.
• Describe are unique social and ethical issues associated with the use of IT systems / technologies within the sector assigned. (Support this with evidence from research)
• Examine the impact of using IT within in the sector assigned.
• What the 3 common problems associated with using IT system in the Industry (Different from social & ethical issues). Describe some of the solutions those problems. ( Support the solutions with evidence from research wherever possible)
• What IT developments or trends do you see in the future of the area assigned?

Shaan; Truck Transport Business; Armaan: Tourism Business; Shiloh: Hotel Business; Arshmaan: Gaming Business; Adnan : Gym Business; Sophie: Taxi Business; Abdi: Bus Transport Business; Aly : Food Delivery Business; Simin: Website Development Business: Khushbu: Online Car Dealership Business; Hisham: Supermarket Business; Yesha: Airline Reservation Business; Tia: Packages and Parcel transportation Business ie DHL; Jai: Online Boutique Business; Saliha: Online Hotel Booking Business: Raphael: Online Betting Business; Nami: Online Art Gallery (Selling Artworks Online) Business; Alina: Insurance Business; Faith: Real Estate Business; Aimaan: Software Selling Business i.e Microsoft; Ashhal: Cloud Computing Business


Lesson 5/5/2020
Activity 1; Review the previous tasks assigned

Activity 2; Paper 2 News Article / Video linked to Business and Employment.

https://www.supplychain247.com/article/is_there_a_way_to_better_manage_truck_driver_behavior

Activity 3: Check out the features of the softwares for some of the businesses listed below

(If you were to start any of the business below, which information technology systems, IT solutions, hardware, software will you need to make your business successful?) 

Type of Business	Unique System / Technology	Link	Features
Trucking	Orbcomm; Fleet tracking Management.	https://www.orbcomm.com/africa/industries/fleet-tracking-and-management
Hotel	Hotelogix	https://www.hotelogix.com/
Taxi	Spotnrides	https://www.spotnrides.com/
Car Sales	Virtualcar360	https://www.virtualcar360.com/en/homepage.html
Boutique	Obess	https://obsessar.com/
Real Estate	Briovr	https://experience.briovr.com/industry/real-estate/
Supermarket	Boxed Website	https://www.boxed.com/

ITGS IA Process

Criterion A: Initial consultation

Your task today is;

• Identify a potential client with a problem that can be solved using IT.
• Provide the following details ;

Name: 

Profession of Client;

Date of Interview:

Mode of Consultation:

Place of Consultation:

• Write down 8 open ended questions that will enable you understand your client's work and problems / limitations or inadequacies faced in the current situation.

Strand 2: Application to Specified Scenario; Business and Employment

For the rest of the semester will be studying IT systems in specified application areas.

We will be looking at IT in Banks.

• What are the different IT systems, hardware, softwares, types of computers, apps used in banks?
• Identify the different stakeholders involved in the banking industry?
• With evidence from research, name at least 2 Commercial Banks that use IT extensively. Describe how IT is used in these banks. https://www.intellias.com/digital-banking/

 https://www.expresscomputer.in/interviews/how-bank-of-baroda-is-using-technology-  extensively-for-its-operations/45212/

              10 Features of  a digital bank
              https://groww.in/blog/10-digital-banking-features-need-know/

• There are unique social and ethical issues associated with the use of IT systems / technologies within the banking industry, describe such issues with evidence from research.

           https://www.cigniti.com/blog/6-challenges-digital-banks-e-wallets-2017-overcome/

           https://blog.inboundfintech.com/5-issues-and-challenges-in-the-online-banking-sector
           Security concerns
           https://codete.com/blog/5-critical-cyber-threats-in-banking-for-2020/
            Surveillance in banks
            https://bfsi.eletsonline.com/12-ways-banks-use-esurveillance-to-fight-crime-financial-losses/

• Examine the impact of using IT within the banking industry; (Advantages and Disadvantages) http://pioneerjournal.in/conferences/tech-knowledge/15th-national-confernce/3899-benefits-of-it-in-banking-sector.html

          https://sourceessay.com/advantages-and-disadvantages-of-e-banking/

         

          https://www.gobankingrates.com/banking/banks/disadvantages-advantages-of-online-banking/

         https://www.vapulus.com/en/digital-banking-advantages/

• There are some common problems associated with using IT system in the banking Industry (Different from social & ethical issues) i.e (the cost of implementing new technology). Identify 5 such problems and describe some of the solutions that banks have put in place to address these problems. (Use evidence from research wherever possible)

            https://www.information-age.com/technology-finance-banking-sector-123471800/

           https://www.safeguardcyber.com/blog/5-digital-transformation-challenges-facing-the-retail-banks-how-to-overcome-them

          https://thefinancialbrand.com/77228/technology-trends-disrupting-financial-services-banking-future/

• What IT future developments do you foresee in the banking industry and why?
• https://www.forbes.com/sites/bernardmarr/2019/11/08/the-7-biggest-technology-trends-to-disrupt-banking--financial-services-in-2020/#4399e1d72c42
• https://towardsdatascience.com/emerging-technology-trends-for-banking-industry-in-2020-beyond-b6ec30f2c102

Examples of Banking Software solutions
https://gomedici.com/18-banking-software-providers-powering-online-banking/
https://www.trustradius.com/banking
https://www.goodfirms.co/banking-software/

Banking Hardware
https://bizfluent.com/how-does-5815095-do-money-counters-work-.html

Computer Types used in banks
https://www.ehow.co.uk/list_7219907_types-computers-used-banks.html
https://bizfluent.com/about-5065903-swift-messaging.html

Mobile Banking Apps
https://smartasset.com/checking-account/2018-best-mobile-banking-apps

Main Banking Stakeholders
https://www.researchgate.net/figure/Internal-and-External-stakeholders-of-financial-institutions_fig1_322235041

http://raportcsr.bankmillennium.pl/sites/millennium14csr/files/banks_stakeholders.pdf

Quiz
http://www.quiz-maker.com/QRRKM1N


A good Read
Technological challenges faced by Banks
https://www.sonda.com/en/columns/the-technological-challenges-facing-the-banking-se/