Technological advancement has no boundaries in the contemporary world. Every day something or the other is happening around us giving rise to latest technology which is now easily accessible to us. Information System is one such technology whose invention has changed the way in which the overall system of data storage. This is a technology developed for the purpose of the data storing, processing, collecting and distributing the data all over within the required system or as per the requirements. Data, the collection of the raw information is available everywhere; it is the Information System that helps in the transformation of those data to a meaningful set of instruction or information that helps in evolution in the business sector. With the cloud services enabled in the business sector, the business has become globalized. People can access the data from all around the world with the help of proper tools and techniques (Kane et al., 2015).
The main motto of the digitalization of the data is to eradicate the traditional system of data analysis using the pen and paper techniques. The digital transformation helps an organization or an individual running a business to understand and analyze various data gathered at a same time. It helps in development of the existing business process by enhancing the areas where the business is lagging behind (Singh, Jeong and Park 2016). The traditional method of data analysis was a lengthy process. Human errors were pretty common however the introduction of the big data analytics in business has solved this issue to a great extent. Even the bigger tasks are handled in seconds using the Hadoop. Hadoop is a platform for the BDA which is extremely useful for the tracking of the business.
There are several other technologies like the Block Chain Technology, which keeps track of every individual thing happening in the system starting from the delivery of the raw material to the final product delivery. No modification can be made to the system without prior notification (Matt, Hess and Benlian 2015). The aim of the digital transformation in the marketing sector is to identify the places where the customers can be attracted without expenditure of money.
Implementation of Information system in the business organisation has resulted in digital transformation that is capable of transformation of the entire business sector. They are capable of performing task like data comparison and analysis globally, checking upon the share values, making predictions of the same and more. In fact information system is capable of analysing the customers activities and suggesting to them items of their preferences. This helps in improving the customer experiences by enhancing the process of the customer retention in the system ultimately resulting in revenue benefit of the organisation (Buttet, Lacroix and Ortega 2018).
Although the information system has provided the organisations with this enormous benefit, there are certain risks that have to be dealt with while the digital transformation is ongoing in a system. The storage of the contemporary information system is based on the cloud services that help in remote access to the information. This is an easy target for the hackers as well. Potential threats to organisations from hackers mean they can simply steal the data if they are not properly encrypted. Thus along with the implementation of the new systems in the business sectors, the vulnerabilities must be considered as well.
References
Buttet, B.D., Lacroix, T. and Ortega, F., 2018. Digital transformation of utilities. Succeeding in the challenge of data integration at the service of networks and of their clients. Study.
Kane, G.C., Palmer, D., Phillips, A.N., Kiron, D. and Buckley, N., 2015. Strategy, not technology, drives digital transformation. MIT Sloan Management Review and Deloitte University Press, 14(1-25).
Matt, C., Hess, T. and Benlian, A., 2015. Digital transformation strategies. Business & Information Systems Engineering, 57(5), pp.339-343.
Singh, S., Jeong, Y.S. and Park, J.H., 2016. A survey on cloud computing security: Issues, threats, and solutions. Journal of Network and Computer Applications, 75, pp.200-222.
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