Review and analyze data from these disparate sources

Assignment Help Management Information Sys
Reference no: EM131225964

Total Cost of Ownership Analysis for Acquiring a Data Integration Solution

You are an IT consultant advising your client, Boffo Research, a research and advisory firm covering the consumer technology market sector. Boffo gathers its research data by manually collecting online reviews of consumer electronic products, scanning social media sites for consumer product reviews, publishing online surveys and recording results, performing interviews with consumer electronics vendors, and operating an in-house laboratory where consumer electronics are tested and the results recorded.

Boffo's analysts then manually copy the results into spreadsheets; review and analyze data from these disparate sources; and prepare business intelligence reports on market trends, vendors to watch, product comparisons, and similar analyses. Boffo's research clients include buyers for wholesale and retail establishments, and the product vendors themselves.

Boffo has a small in-house software development and testing team that maintains and enhances the accounting, order processing, and research subscription solutions they developed through the years.

Assignment

The explosive volume of new consumer electronic products, online reviews, and social media comments has overwhelmed Boffo's manual data collection and integration approach. Boffo's management has asked you to study how to automate collecting online data and integrating it into the structured data produced from in-house laboratory testing.

You plan to investigate commercial data virtualization solutions installed in house, open source alternatives for adoption and customization in house, and the purchase of a turnkey, custom-designed solution to be produced by offshore outsourcing vendors. Your deliverables for Boffo will include:

A solution-acquisition project plan covering the high-level activities of gathering requirements, producing a requirements specification document, and preparing and distributing a Request For Proposal (RFP) to data virtualization vendors and offshore outsourcing vendors.

A simple (2-3 pages ) Stakeholder Requirements Specification (StRS), as defined by Hoel, T., & Holtkamp, P. (2012). Requirements modelling in international information systems design - What competencies are needed and how to manage them? Proceedings Of The European Conference On Knowledge Management, 1, 466-475.

A set of data flow diagrams that describe the processes of capturing input data (including online reviews from websites, relevant tweets from Twitter, and the structured data from Boffo's in-house laboratory), and the processes of integrating data from the input sources for use by Boffo's research analysts.

A Strengths, Weaknesses, Opportunities, and Threats (SWOT) analysis comparing and contrasting the risks, rewards, and readiness of Boffo for each form of solution acquisition.

A three-year Total Cost of Ownership (TCO) study prepared in an Excel spreadsheet. Consider the costs of initial acquisition, implementation, testing, training, change management, maintenance, and enhancement. Include human resource expenses, and storage and server costs for development, test, and production environments for work performed in house.

Include a title page and reference page. Make sure your paper follows APA style according to the CSU-Global Guide to Writing and APA

Requirements. Use three CSU-Global Library resources and/or outside academic sources other than the textbook, course materials, or other information provided as part of the course materials. You may not use Wikipedia for any CSU-Global assignment. For this assignment, a credible source is defined as:

A scholarly or peer-reviewed journal article

A newspaper article

A trade or industry journal article, publication, or website, including those from trade organizations.Your paper should be 7 pages in length.

Reference no: EM131225964

Questions Cloud

Four functional areas of the business : What are enterprises systems and how did they give companies the ability to improve the processes in virtually all the company operations? Briefly summarize how enterprise systems improve two of the four functional areas of the business.
How might fomc statement stabilize financial markets : How might the FOMC statement (following the committee's meeting) stabilize financial markets more than if no statement were provided?
Questions during the interview process : When ti is your turn to ask questions during the interview process? 5 questions that you would like to ask during an interview?
Operate within ethical standards governed by law : IN North America, energy companies need to operate within ethical standards governed by law. How do you deal with other countries with nearly no standards and yet we import from them?
Review and analyze data from these disparate sources : The explosive volume of new consumer electronic products, online reviews, and social media comments has overwhelmed Boffo's manual data collection and integration approach. Boffo's management has asked you to study how to automate collecting onlin..
The feds impact on security prices : The Fed's Impact on Security Prices : - Explain how the Fed's monetary policy may indirectly affect the price of equity securities.
Boundaries of putting together the battle of bands project : What are the boundaries of putting together the battle of the bands project? To ensure that your project scope is properly constrained, identify 8–10 things that will be excluded from the project plans. What items will be not be included in the proje..
Between venture capital and conventional financing : Difference between venture capital and conventional financing
Which of michael porter industry forces : Clorox Corporation controls 60 percent of the bleach market. Imagine you are an entrepreneur who was considering developing and marketing a new brand of bleach. Which of Michael Porter's industry forces should you be most concerned about?

Reviews

Write a Review

Management Information Sys Questions & Answers

  How would use address this troublesome trend

The focus of the research paper is Data Leakage. How does data leakage occur in an organization? What are the common causes of this problem? How would use address this troublesome trend?

  How many customers should one expect to find in the system

how many customers should one expect to find in the system?- at what arrival rate per hour will an additional mechanic be needed?

  Compute the amounts cash collected from clients

Compute the amounts Cash collected from clients during the year and cash paid for advertising expense

  Produce a professional report for a business audience

Explain the issues and benefits associated with implementing an information system and Produce a professional report for a business audience

  Employee training on the recreation and wellness system

Senior management at Manage Your Health, Inc. (MYH) decided that it would be best to outsource employee training on the Recreation and Wellness system, which will be rolled out soon

  Wal-mart business supply chain strategyconsider any

wal-mart business supply chain strategyconsider any organization with a well-known supply chain and overall strategy.

  Determine all internal and external constraints

Determine all internal and external constraints and restraints on the development effort as well as the scope and general requirements for the system itself.

  Key data regarding supply chain managementi need assistance

key data regarding supply chain managementi need assistance in explaining the key activities of supply chain

  What are some factors that can drive it the other way

What are some of the factors that can drive an implementation to successful completion? What are some factors that can drive it the other way?

  What are the risks associated with directly executing user i

3. What are the risks associated with directly executing user input ? What are the minimum steps needed to parse user input before it is allowed to be used in execution ?5. What are the risks associated with inheritance in classes ? What are generic ..

  How do you plan to recover loss of current ad ds

How do you plan to recover from these types of loss of current AD DS and other critical information. What utilities might you investigate to help accomplish your plan.

  Create a plan for disaster recovery

How would you create a plan for disaster recovery. What are the factors you would have to take into consideration when setting up your plan. For each factor, describe what you would do to ensure that the data is safe.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd