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THREE "CLASSES" OF IT ASSETS - Coggle Diagram
THREE "CLASSES" OF IT ASSETS
APPS
MEANING
software programs used by individuals in your company's line function for their core activities
TYPES
STRATEGIC
The apps generate/create value more than competitors have. The data mainly comes from apps.
OPERATIONAL
The apps that support business processes and transaction
Automate mundane, repetitive transactional activities which must be perform efficiently and reliably just to remain in business
EXAMPLE
EXAMPLE
Outward-facing - that customers, retailers, or suppliers use to interact with your firm
(e.g., logistics, procurement, or ordering)
Competitive necessities; liability if messed up
Inward-facing (e.g., inventory, warehousing, POS, production support, or HR)
INFRASTRUCTURE
MEANING
A technology foundation that connects all the apps in your organizations. It is network that enhance the flow of information.
FUNCTIONS
One of the IT Portfolio is IT infrastructure which is the common technology for any corporate firm
Digital plumbing that moves data and stores data.
It becomes substrate that knits together various apps
The most visible parts ( consist of hardware and networks ).
IT infrastructure demands technical skills and holistic knowledge
IT infrastructure must be economical and reliable
The main point is : be frugal (minimize cost)
DATA
MEANING
To serve data for your company
Data is the IT's raison-d’être( reason of existence ), we need IT because of data.
Most data in firms is collected either by transaction processing systems that are used to transact with customer
Firm-wide "enterprise" systems taht execute business processes that crosscut line functions
EXAMPLE
Recording customer interactions with your firm
Managing your supply chain
Proprietary data—collected yourself—most potent for constructing
competitive barriers
EXAMPLE
Proprietary data ▶ moat
Proprietary apps ▶ barbed-wire fence
Their combination ▶ Kevlar