Friday, March 5, 2010

Ba 180. 1 Mar. 6, 2010

Enterprise applications, an interesting topic for sure. as a 3rd yr. Business Economic major i have seen first hand how tedious and labor intensive the work of a business manager or accountant is. Looking, computing and making copies of financial data are menial tasks that must be done if a company is to function properly. To gain the ability to automatically record transactions and business operations and compute relevant information about them as they happen in real time is God given gift. And now because of enterprise applications like ERP, SCM, and others, not only can firms do this, they can even integrate these softwares so that all information gathered by all departments can be accessed by all employees. But on a downside to this, is that installation of these are immensely expensive. Thankfully due to cloud computing small firms can now access these through just through a browser. Tapping the server capabilities and softwares of other firms which offers them for lower costs. thank you sir, for another enlightening lecture and see you next week.

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