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Strategic IS & Accounting - 2013 S -

Strategic IS & Accounting - 2013 S - . Clinton E. White, Jr Professor of Accounting & MIS Lerner College of B&E University of Delaware. IT. What is IT?. IT. According to Nicholas Carr, why does IT not matter?. IT. What do you think?. IT. What is Carr really saying?. The Value of IT.

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Strategic IS & Accounting - 2013 S -

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  1. Strategic IS & Accounting- 2013 S - Clinton E. White, Jr Professor of Accounting & MIS Lerner College of B&E University of Delaware

  2. IT • What is IT?

  3. IT • According to Nicholas Carr, why does IT not matter?

  4. IT • What do you think?

  5. IT • What is Carr really saying?

  6. The Value of IT • What is the business value of IT?

  7. IT in the Organization • IT in organizations: • The early days: • The business silo days: • The enterprise/ERP days: • The networked & virtualization days

  8. IT in the Organization • What’s the problem with enterprise/ERP level IT (e.g., SAP)?

  9. IT in the Organization • According to Cramm, Put IT Where it Belongs, where does IT belong?

  10. IT in Organizations • According to McAfee and Brynjolfsson, What makes a company good at IT?

  11. Moore’s Law • What does Moore’s Law tell us?

  12. Chips/Computing power • 1989 • First chips with 1 million transistors • 2005 • First chips with 1 billion transistors • 2006 • Continuous sustained 280 teraFLOPS (1012)(IBM) • 2008 • First chips with 2+ billions of transistors • Continuous sustained 1 petaFLOPS (1015) (IBM)

  13. Accelerating Change - Computing & IT - • Late 1940’s - 1970 • Mainframe computers • 1970 – 1980 • Minicomputers • Early 1980’s – early 1990’s • Personal computing • Mid 1990’s – early 2000’s • Networked computing • Mid 2000’s - 2012 • Mobile computing & virtualization

  14. The Law of Accelerating Returns • What does the Law of Accelerating Returns tell us? • Whenever a technology approaches some kind of a barrier, a new technology will be invented to allow us to cross that barrier • Paradigm shifts caused by technological change so rapid and profound it represents a rupture in the fabric of human history • (Ray Kurzweil, 2001)

  15. Nanometer Technology • Nanometer • 1 billionth of a meter • A typical human hair? • A typical germ? • A visible wave length of light?

  16. Chips/Computing power • Early 2000’s • Reaching the theoretical and physical limits of chip technology (switches … miniaturization ... connections) • 2008 • 3-D chips using 45 nanometer technology (Intel, AMD, .) • 2010 • 2011 • 2014

  17. Examples • What are some historical examples of technologies that have caused paradigm shifts?

  18. Examples • What are some examples of profound IT changes that are currently causing paradigm shifts?

  19. Business Models • What has happened to business models?

  20. Music/Entertainment • What has been happening to business models in the music/entertainment industry? • Stage 1: • Proprietary, intellectual property – no negotiating! • You will only buy complete CDs at stores! • We will sue you and all of your thieving friends! • Stage 2: • We will sell you tunes & CDs digitally but you can’t make copies • Mashups/remixes are totally out of the question! • We will sue you and all of your thieving friends! • Stage 3:

  21. A New Computing Platform • We are going to investigate the Internet as a new computing platform for business, interaction, & collaboration • The Internet has become a giant computer that everyone can use (and program) creating a global infrastructure for creativity, participation, sharing, and self-organizing • We are all users contributing to the “digital commons”

  22. Software • Other than the operating system, what’s the most important software application on your computer?

  23. Networks • What does it mean to be networked? • Personally • Technically

  24. Metcalf’s Law • What does Metcalf’s law tell us?

  25. Networks • What is the significance of September 2, 1969?

  26. Networks • What is a fast Internet connection? • Relative to the rest of the world, where does the US rank in terms of average connection speed?

  27. Fiber Optic Networks • How fast is the fiber optic network in the COB? • Across campus? • 2010? • 2013?

  28. The Programmable Web • The programmable Web invites collaboration by design with open standards and open APIs that allow separate Web sites to intermingle • The new generation of Web start up businesses has learned that opennessfosterstrust and trust brings users back and they begin contributing ideas & creativity • Open, collaborative business models • The network effect

  29. Acct 425 – 13S • Welcome to strategic IS & accounting! • E-collaboration • Information assets • Value chains • XML • XBRL • Web services & cloud computing • Enterprise computing • SOX & COSO & Cobit

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