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, evaluate compliance with global frameworks, and navigate the complex terrain of enterprise risk policies is important for building and maintaining robust and compliant data management systems, and for effectively managing risks in the ever - evolving landscape of enterprise security. gap analysis the foundation of st... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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privacy, and the measures that could mitigate these risks. they would assess whether the data sharing is necessary for the service to function or whether less intrusive methods are available. moreover, the dpia would investigate security measures to ensure the third - party apps have adequate protections in place. afte... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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more explicit consent mechanisms. when facebook was faced with this need, it introduced a “ privacy checkup ” tool that serves as a proactive measure to empower users to control their personal information and privacy settings. 30 this feature guides users through a step - by - step process to review who can see their p... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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6. 4 • managing enterprise risk and compliance 241 policy / action description stricter data security measures implement enhanced encryption methods and two - factor authentication as default settings to better safeguard user data, in accordance with gdpr ’ s integrity and confidentiality principle automated data proce... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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policies to ensure company - wide compliance. training sessions, workshops, and regular updates can serve this purpose. educating employees about new policies is critical for ensuring that the entire organization adheres to compliance standards. this involves a comprehensive and sustained effort, involving multiple tra... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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program for roles directly involved in data processing and compliance. certification could be a requirement for certain positions within the company. microsoft table 6. 7 training methods and descriptions robust employee training works through multiple approaches. policy implementation implementing new policies to alig... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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6. 4 • managing enterprise risk and compliance 243 implementation strategy description system - wide software updates • implementation of system - wide software updates to enforce new data policies, similar to apples ios updates that include privacy settings • could involve changes at the user interface level, such as ... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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- up : another effective way of ensuring the message reaches the user base is through an in - app pop - up notification. this notification can appear when users log in to the app after the policy changes have been enacted, offering them a brief overview of the changes, and directing them to more detailed information. x... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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conducting a mix of automated and manual reviews aimed at regularly validating an organization ’ s compliance with gdpr. establishing a schedule for routine audits and assessments is key, as it provides structured intervals for scrutiny, which in turn minimizes the risk of noncompliance creeping back into the organizat... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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s audit, gap analysis, risk assessment, and policy development and implementation. facebook ’ s approach began by identifying the scope and objectives of its audit. the focus was on how management could address the challenges and gaps in its data privacy practices to align with global standards. the scope was to examin... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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6. 4 • managing enterprise risk and compliance 245 objective was to bring facebook ’ s data privacy policies into compliance with global standards such as gdpr, ensuring management ’ s responsibility for implementing necessary changes. facebook conducted a detailed examination of existing policies, with a critical eye ... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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based on the identified gaps and assessed risks, facebook needed to develop clear and actionable plans to rectify its shortcomings. this included implementing changes to limit third - party access, which is access to data from an external entity to user data, enhancing user consent mechanisms, and increasing transparen... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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enterprise security, data privacy, and risk management access for free at openstax. org ethics in is ethical considerations in gap analysis in 2022, uber faced significant backlash after a data breach exposed the personal information of millions of users. this incident underscores the ethical responsibilities companies... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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6. 4 • managing enterprise risk and compliance 247 key terms accountability principle that people and entities must take responsibility for the decisions they make and be able to explain them action plan detailed outline of steps to be taken to achieve a particular goal, often aimed at mitigating risk or improving perf... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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in software and systems design where potential errors are systematically managed and addressed to prevent system failures and security breaches, and to provide meaningful feedback to users gap analysis method for comparing current policies, protocols, or performance metrics against desired goals or industry standards t... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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of policies and procedures used by an organization to manage personal data and ensure compliance with privacy laws and regulations regulatory framework structure of rules and guidelines, often legislated, within which an industry or business must operate remote auditing modern auditing method that uses digital tools an... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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6. 1 key concepts in data privacy and data security • data privacy and security involve protecting data from unauthorized access and ensuring confidentiality, integrity, and availability ; they are essential for maintaining trust and reputation, preventing financial loss, and reducing operational risks in enterprises. ... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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6. 2 vulnerabilities and threats in web applications and iot technology • the rapid advancement of digital technologies, including iot and mobile, has introduced significant vulnerabilities. • the expansion of iot and web applications has integrated technology into every facet of modern life, increasing the responsibil... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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6. 3 data security and privacy from a global perspective • the iso / iec 27001 standard is a key global framework for data security and privacy. it serves as an international regulation that sets specific requirements for information security management systems ( ismss ). • the global landscape of data security and pri... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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6. 4 managing enterprise risk and compliance • enterprises can significantly benefit from conducting an audit and gap analysis to determine compliance with global frameworks, a critical process that helps identify discrepancies between current data security and privacy practices and industry - wide best practices or re... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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c. all organizations that process the data of eu citizens, regardless of the company ’ s location d. only organizations that have a physical presence in the eu 3. the international organization for standardization ’ s ( iso ) 27701 standard is an extension of iso 27001. what does iso 27701 provide guidance on? a. how t... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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maximize profit 6 • review questions 251 b. ensure user engagement c. safeguard user information and privacy d. minimize development costs 10. which regulation enacted by the european union focuses primarily on data protection and control? a. coppa b. gdpr c. ccpa d. lgpd 11. which organization has been heavily involve... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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review questions access for free at openstax. org 18. which of the following would be considered a significant risk associated with gaps in data security policies? a. reduced employee turnover b. increased stock prices c. loss of user trust and potential regulatory fines d. introduction of new company products 19. the ... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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the importance of an information security management system ( isms ) in the context of data security and privacy. 10. list at least two regulations that impact data security and privacy in countries outside of the united states. 11. briefly explain what a gap analysis is and how it helps in enhancing an organization ’ ... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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hackers remotely hijacking a vehicle ( https : / / openstax. org / r / 109remotehijack ) and answer the following questions : given the increasing connectivity in modern vehicles, what implications does the hacking of a vehicle with the driver inside have for consumer trust and automotive cybersecurity? while this inci... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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infrastructure are critical to delivering software applications securely, more rapidly, and continuously. ( credit : modification of work " cloud " by james cridland / flickr, cc by 2. 0 ) chapter outline 7. 1 fundamentals of cloud computing 7. 2 cloud computing services, pricing, and deployment models 7. 3 cloud compu... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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7. 5 scientific, industrial, and social implications of cloud computing introduction organizations are facing more pressure today to retain customers who depend on updated or new business capabilities. this requires organizations to deliver software applications securely, more rapidly, and continuously. for organizatio... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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7. 1 fundamentals of cloud computing learning objectives by the end of this section, you will be able to : • define cloud computing and its relevance to the organization • compare and contrast cloud computing and in - house hosting • discuss the role of information systems professionals in cloud computing the applicati... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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. the organization would need a cloud provider, a company that provides on - demand services such as data storage, applications, and infrastructure in a platform accessible through the internet. once the organization has a cloud provider, it then becomes a cloud consumer, which is an entity that uses and maintains acce... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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) ” by openclipart / wikimedia commons, public domain ) the organization will need to determine the competitive advantage of each approach to expanding to a new product line. it might take several months if the organization decides to use their own infrastructure to implement an on - premise environment, which is the p... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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7. 1 • fundamentals of cloud computing 257 figure 7. 4 an interface virtualizes the resources, such as cpus, ram, network, and, in some cases, storage, of the physical server. it divides these resources while allocating what is needed for each computer accessing the server. ( credit : modification of work from introduc... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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and application platform that can be scaled to their needs and can run independently from their production environment. data storage is a problem that all organizations face — from how much they create to how long they should retain it. the amount of data generated is relevant to their customer base, products, and serv... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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their job function. in most cases, the company has its own personnel to support the equipment and services necessary to support the technology and systems the organization operates, such as active directory services, website development, and data storage. in cloud computing, the resources are located external to the or... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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companies, such as vmware, microsoft, suse linux, and citrix. each server virtualization software package offers different features ( such as resource allocation, high availability, and centralized management ) based on the cloud environment that is to be created according to the cloud consumer ’ s needs. 1 nist cloud ... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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7. 1 • fundamentals of cloud computing 259 future technology cloud computing and generative ai cloud computing has a solid place in the computing world, which has led to new applications for hybrid clouds, multicloud environments, and now, generative ai. cloud providers can integrate generative ai into their platforms,... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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they will need to understand not only networking principles but also virtualization, coding languages ( such as java, javascript, and python ), and server administration. the system administrator is the person who manages and maintains the it and is resources for an organization. they will need to handle server adminis... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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so even after choosing a specialty and earning a degree, you may need additional education, certifications, or experience. certification requirements may include those related to specific software or hardware manufacturers. because of the nature of the specialties in the field of cloud computing, it is important to res... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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a wait - and - see approach, there is no planning for how long it will take to return to normal operations. the time frame needed for an on - premise resource environment to return to normal operations is based on the availability of the needed resources, delivery timelines, qualified personnel, and facilities. the tim... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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- based environment offers companies additional options for doing business on a regular basis and in an emergency transition scenario. it provides the organization with a methodology for designing new 7. 1 • fundamentals of cloud computing 261 resources, implementing new resources, or even creating a resource environme... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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7. 2 cloud computing services, pricing, and deployment models learning objectives by the end of this section, you will be able to : • discuss how cloud services are delivered and priced • identify major cloud service providers and their delivery models delivery models that service providers use to support the cloud con... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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a service. ” all three delivery models are scalable up or down, and are available on - demand to the cloud consumer. the delivery models are built on top of each other in a layered approach to building the cloud environment. the other factors in a cloud environment that are customizable for cloud consumers are the spec... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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##as environment with a bare metal server, which is a physical server deployed for a single customer that provides the customer full access to the server resources. software as a service offers a wide range of available products to cloud consumers, which embodies the essence of cloud computing : to make as many service... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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to a contract requirement that is supported with a service - level agreement ( sla ), a document that outlines the levels of service that a cloud provider assures the cloud consumer they will receive. the sla is used as a point of reference for the daily operation of a cloud consumer ’ s environment. each cloud provide... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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7. 2 • cloud computing services, pricing, and deployment models 263 each service that is offered has a predetermined rate, which is calculated based on the cloud consumer ’ s location. the rates are charged on a 24 / 7 basis as outlined in the cloud consumer ’ s contract. the rates may change based on the locations of ... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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cloud is dependent on the requirements of the community of organizations that establish the cloud - based environment. the organizer of the community is the authority of the systems used in the cloud. ( credit : modification of work from introduction to computer science. attribution : copyright rice university, opensta... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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##ended to it. for example, in mexico, the domain is google. com. mx. using country - specific domains allows google to tailor the search engine to adhere to laws and regulations in that country and to offer results in the country ’ s language or languages, while ensuring all of their global users have access to a simi... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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4. 0 license ) hybrid cloud environments are designed through the use of several deployment models ( figure 7. 10 ). the most common hybrid cloud environment combines the deployment of a private cloud with controlled access with a public cloud without access requirements. this provides the organization with one environ... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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public site for direct sales to consumers, and a private site for retail merchants purchasing their goods wholesale. link to learning hybrid cloud environments can be especially beneficial for organizations that have sensitive data and also want to increase sales to their customers. read this article describing the way... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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gives them access to the restaurant ’ s menu. organizations such as amazon, google, and microsoft started small and have developed their own cloud - based environments that have changed the way organizations do business, moved the e - commerce space forward in time, and provided access to the world around us. amazon we... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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7. 2 • cloud computing services, pricing, and deployment models 267 just like aws and google, microsoft azure offers computing, databases, networking, and storage. microsoft azure made progress in the ai realm with services that combine it with other technology. each offering by microsoft azure is built on microsoft ’ ... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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on only development, and wasabi only offers cloud - based storage. these specialized services provide more options to the cloud consumer, so they may need to do additional research to determine whether their needs are best met by a provider that can offer a variety of services or one that specializes in one service. or... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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availability of funds in the projected budgets for subsequent fiscal years. once the total cost of ownership is determined, then the organization can evaluate the return on the investment of the it resources that are purchased. the return on investment will influence the total cost of producing a product, entering a ma... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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7. 3 cloud computing technologies learning objectives by the end of this section, you will be able to : • identify the technology components in cloud computing • discuss migration strategies and best practices • identify cloud - based standards in industry the technical components of cloud computing range from advances... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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information to the sdn controller regarding the needs of the applications, and the infrastructure layer is the layer where the physical network hardware resides. | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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7. 3 • cloud computing technologies 269 figure 7. 11 the components of a software - designed network ( sdn ) are broken into three layers : application, controller, and infrastructure. each layer has its function within the sdn structure. ( attribution : copyright rice university, openstax, under cc by 4. 0 license ; c... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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physical server and allocate them into the virtual server environment. once the tool is implemented, the virtual server environment can be built out. ( attribution : copyright rice university, openstax, under cc by 4. 0 license ) 270 7 • cloud computing and managing the cloud infrastructure access for free at openstax.... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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the different departments in the organization. 5. develop a test plan for the migration, and conduct a practice run. the migration process should have a test environment in the plan to validate the data migration tool, which is a software - based tool that is designed to move data from one data repository to another, a... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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and payment card industry data security standard, which are discussed in chapter 6 enterprise security, data privacy, and risk management. these security standards are dictated by international standards, federal regulations, and even state statutes. security processes should then be laid out with the cloud provider to | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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7. 3 • cloud computing technologies 271 determine what type of identity and access management, network security, and data encryption the cloud consumer will require. this service will have to be accounted for in the estimate to fund the migration. cloud - based standards in industry when designing cloud - based solutio... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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paas infrastructure. the fwaas is a component of the iaas infrastructure. ( attribution : copyright rice university, openstax, under cc by 4. 0 license ) one decision that an organization needs to make is the security standards to follow. the nist cybersecurity framework, which, as you learned in 5. 3 information secur... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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opportunities that ai can add to the tools cybersecurity specialists use is unknown at this time, yet it can play a role in the defense of data. in fact, the cybersecurity and infrastructure security agency ( cisa ) has published its “ roadmap for artificial intelligence ” to demonstrate how the u. s. cyber defense age... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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7. 3 • cloud computing technologies 273 the migration tool needed to move to this cloud provider ’ s environment. the plan is laid out as follows : 1. identify all assets to be migrated to the cloud. 2. identify all licensing associated with the software currently used. 3. meet with the cloud provider to determine whic... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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7. 4 cloud - based industry applications learning objectives by the end of this section, you will be able to : • identify the types and categories of applications in the cloud • determine when an enterprise application would be migrated to the cloud cloud - based applications can vary based on the industry and the need... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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, analytics, and other needs. the system gathers data and stores the data in a data warehouse where the data can be managed. the combination of systems can handle the analytics that organizations use in the decision - making process. because the erp system is customizable, the manufacturers build the systems according ... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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7. 4 • cloud - based industry applications 275 companies such as infor, oracle, and sap offer cloud - based supply chain management systems. a supply chain management ( scm ) system optimizes an organization's production and distribution of goods and services. the scm has upper - level components, such as logistics, ma... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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of the others. the erp system has modules for hr, crm, and scm built into its operational parameters. migrating an enterprise application to the cloud when an application, such as microsoft office 2016, is no longer supported, organizations will need to consider their next steps. these steps can be to replace the appli... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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for configuration, which in turn drives the cost up. each of the major cloud providers, such as aws, google, ibm, and microsoft, have migration tools that are specialized for the cloud - based environment. careers in is automation in data migration the use of automation tools in the migration of data requires personnel... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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7. 4 • cloud - based industry applications 277 global connections software development in cloud computing software development is not a local process anymore ; it has moved to a global environment. software development projects are not just handled by one group in an organization. projects are shared across global orga... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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cloud. this is also the time to determine if the application will operate in a virtual environment. the cloud environment offers an organization the opportunity to develop the new application in parallel with the old application, thus providing the organization with the ability to identify differences between the two. ... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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7. 5 scientific, industrial, and social implications of cloud computing learning objectives by the end of this section, you will be able to : • explain the scientific breakthroughs that made cloud computing possible • identify the social implications of cloud computing and its impact on data privacy • understand cloud ... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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provide better management of network traffic, improve resource management, and give cloud providers tools to enhance their security profile. what makes the sdn platform so unique is that it is built on open - source software, free software that is available for use and modification without licensing, known as openflow ... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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data marts, data warehouses, data lakes, and big data. a data mart is a data storage location that is a subset of a data warehouse. a data warehouse is a data storage location that accumulates data from multiple sources. a data lake is a repository used to store structured and unstructured data that are not size depend... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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7. 5 • scientific, industrial, and social implications of cloud computing 279 plant in an area that has a labor force can be considered a positive effect, whereas its impact on the natural resources of the area might be a negative effect. this is where the organization has to determine the impact their actions will hav... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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the sustainability of cloud - based computing is its accessibility from any device. creating a platform that does not require the adding of an app, software, or a proprietary component is a major factor in attracting and sustaining a strong customer base. it is also important to consider the environmental impact of clo... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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, and each component that cloud - based computing puts in place benefits their sustainability. the potential for growth is sustainable, the possibility of continued offering is sustainable, and the new technology that emerges has the potential for sustainability. | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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7. 5 • scientific, industrial, and social implications of cloud computing 281 key terms bare metal server physical server that is deployed for a single business that provides the business full access to the server resources business continuity plan that an organization puts in place to maintain its operational status i... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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) cybersecurity service that a cloud provider offers to protect the perimeter of a company ’ s network home - grown application software that is developed for an organization in - house, based on the development requirements of the organization hot site storage cloud service in which mission - critical data are stored ... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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quote process for determining the pricing of information technology resources based on the organization ’ s understanding of what is needed return on investment ( roi ) metric that determines the value of an investment scalability ability of a resource to be scaled up or down with minimal effort security as a service (... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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2 cloud computing services, pricing, and deployment models • cloud computing incorporates a delivery model to allow consumers to build the cloud computing environment that will best handle their computing needs. those delivery models are iaas, paas, and saas. • cloud computing has a deployment model that enables the cl... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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7. 5 scientific, industrial, and social implications of cloud computing • the evolution of technologies and software has moved cloud - based computing into the mainstream of business. • ethics must drive an organization ’ s use of data because of social implications and data privacy laws and regulations. • cloud - base... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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maintain relational and nonrelational databases? a. infrastructure as a service b. software as a service c. testing as a service d. database as a service 9. what is the term for an environment that is owned by a specific community or cloud provider that is offering services to a specific community? a. hybrid cloud b. c... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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planning b. customer relationship management c. supply chain management d. automatic call distribution 18. what is a component of a supply chain management system? a. payroll b. customer interactions c. employee evaluations d. logistics 19. what is the consideration for planning that involves needed resources, maintena... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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need to be covered when an organization adds new information technology resources to the cloud - based environment? 5. in your own words, describe platform as a service. 6. identify and explain the purpose of each of the three primary delivery models offered in cloud - based computing. 7. identify and describe the use ... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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that a retail store might use. 3. what are the functions of the nist cybersecurity framework and how are they applied? 4. if an organization ’ s application is deemed to be at the end of its life, what two production environments can be considered for the new application? 5. what should an information technology profes... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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8. 4 web analytics introduction in today ’ s world, all types of businesses across every industry rely on data analytics to some degree. companies now more than ever recognize the incredible potential behind this growing resource and use it to gain actionable insights, make informed decisions, and increase revenue. the... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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8. 1 the business analytics process learning objectives by the end of this section, you will be able to : • define the terms associated with data analytics • identify the importance and challenges of collecting and using big data • describe the process of data acquisition • explain the business analytics process the pr... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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who recognize the potential. innovations such as the cotton gin, textile mills, the steam engine, and the telegraph all revolutionized some aspects of the world and pushed technology along. in the future, historians will add to this list the processing of big data, which is an extremely large set of structured and unst... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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comes with significant challenges. the sheer volume, velocity of production, and variety of data can overwhelm those who cling to traditional data management and analysis methods. analysts report that by 2025 the global volume of digital information is expected to reach 200 zettabytes. 4 organizations must grapple with... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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do their best to comply with regulations and protect sensitive information. however, enforcement of strict digital privacy laws can vary from state to state, or nation to nation. companies that do business in europe must also abide by europe ’ s general data protection regulation ( gdpr ), which as you may recall from ... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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##ures. com / the - world - will - store - 200 - zettabytes - of - data - by - 2025 / | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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8. 1 • the business analytics process 291 ensure privacy or decrypting encrypted data. link to learning explore the transformative power of big data in the article “ big data : 6 real - life business cases, ” which delves into six compelling real - world examples ( https : / / openstax. org / r / 109bigdata ) where big... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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, providing valuable insights for industries such as manufacturing, health care, or logistics. social media monitoring involves monitoring and collecting data from social media platforms to gain insight into customer sentiment, behavior, and trends. by analyzing social media conversations, comments, likes, and shares, ... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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regulations, and obtain proper permissions or consent when required. the importance of big data collection and use cannot be overstated. organizations that can harness the power of big data gain a competitive edge by leveraging valuable insights for strategic decision - making. however, the challenges associated with b... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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for data cleaning and data transformation, such as data normalization or feature engineering, may be applied to ensure the data are suitable for analysis. data normalization involves adjusting data so that they have a standard scale, making it easier to compare different types of values. it ensures that one feature doe... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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8. 1 • the business analytics process 293 experience, or comparing house prices and sizes. in the latter example, normalizing the size ( by dividing all sizes by the largest size ) can put that variable on a comparable scale to prices. feature engineering is transforming raw data into useful inputs for a model by creat... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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libraries, python becomes an ideal choice for scientific analysis and data - driven applications. let ’ s use the classic public domain dataset for iris classification from r. a. fisher5 for this example. the following snippet shows the code for importing the library and creating a pie chart. the example output is show... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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##pct ='% 1. 1f % % ', startangle = 90 ) plt. title ('distribution of iris species') plt. show ( ) figure 8. 3 python code was written to load and create a pie chart of various species of iris plants. ( data source : r. a. fisher, “ the use of multiple measurements in taxonomic problems, ” annals of eugenics 7, no. 2 (... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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##pct ='% 1. 1f % % ', startangle = 90 ) plt. title ('distribution of iris species') plt. show ( ) in this example, python is instructed to access an excel file and run analysis on the information contained in the file. | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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8. 1 • the business analytics process 295 manually entered data with a small enough dataset, a third option is to manually enter the information. the drawbacks of manually entering data include the time involved in entering data for a large dataset and the possibility of introducing errors in the form of typos. the fol... | openstax_foundations_of_information_systems_-_web_onlbgyl | [
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