Tuesday, April 13, 2010
Efrat Nir Lisya Bahar 4/13/2010
1) What are the BI opportunities created by the ITC eChoupal system? The eChoupal website was created on the concept of information sharing via technology. The ITC eChoupal system created BI opportunities by condensing important and relevant information for soybean farmers on a website. This in turn allowed for faster, more accurate and organized information about farming tricks, market trends, weather, and other information relevant for the success of the farmers. Another BI opportunity is the ability to extract past/current information. It enabled reporting, online analytical processing, data mining and benchmarking. It was a great DSS (decision support system) for the farmers, because it helped them gain competitive intelligence into their business and facilitated their decision making process. 2) Search online and answer briefly – What does PayPal do? How does PayPal use technology for innovation? What type of system will best suit PayPal’s needs? PayPal enables money transfers and payments to be made online using the Internet. It is an e-commerce business that serves as a payment intermediary service. A PayPal account is opened with a bank account or credit card, in which the recipient can request a check from PayPal, establish a PayPal deposit account or request a transfer to own bank account. PayPal uses technology for innovation by becoming an alternative to the traditional methods of payment, such as checks, cash and money orders. People around the world can purchase and receive payment safely using data encryption technology. A Transaction Processing System will best suit PayPal’s needs. This type of system holds information which processes the data transaction in database system which monitors transaction programs. Transaction program manage data that must be left in a consistent state. An example is when the e-payment is made, the amount...