Wednesday, May 6, 2020

Cloud Computing of Oracle Application Express †MyAssignmenthelp.com

Question: Discuss about the Cloud Computing of Oracle Application Express. Answer: Introduction Retail industry is a type of industry that heavily relies on the flow of information to support its everyday activities. The retail sector depends on the ability to act on the information that is provided. There is a lot of pressure on the retailers in this era to bring new recommendations every now and then so that people are motivated to opt for them in this fierce competitive world. There are various reasons that make the need of presence of better information drivers across the organisation like globalisation, lower entry barriers, and more pressure on the downward prices. In todays time, the most important thing is to be consistent, coherent in delivering the people what they need and when they need. If the information is processed at the wrong time, than that information is useless for the receiver. Various aspects of better information system in the retail sector have been explained in detail. The organisation that we will analyse in this document is a retail industry that con sists of large number of chains of super markets known as the WalMart(King Carey 2017). Decision Support system helps in analysing the business data and makes it available to the users so that they can take fast business decisions. It is a type of information application that helps large organisation, for processing and collection of information and makes it available as and when needed. In case of retail sectors it can be sued for large number of functions like- Helps in comparison of the overall figures of sales. It helps in making predictions about the revenue figure given the overall sales assumptions It also put forth the affect of resorting to different alternatives that are in the hands of the management. Decision support system can use artificial intelligence for portraying the data or can make use of graphs and other tools. It helps the users to process large chunks of data at a very fast rate that helps in taking fast decisions and supports the overall functioning of the organisation. It provides comprehensive information that is mostly used by the upper management(Ahmed 2016). The major advantage that is associated with the use of DSS is to generate various reports that area as per the specification of the user, it provides the best results to the customers on which they can base their overall decisions. It is no longer limited to large mainframes , but the system can now easily be installed in small laptops and systems and can be used to process smallest of data. It can be easily loaded on mobile phones and hence provide flexibility to the customers as they can process the data and where they want(Gunasekaran, Subramanian Papadopoulos 2017). In case of retail industry also, the decision support system can be very helpful and can help the customers in making the best decisions out of the various options that are available to them. This is the major advantage of the decision support system because the data is very easily processed and hence it helps the management also to reduce the time lag between the need and the implementation of the information that is required by the companies and the customers at large(Sweeting 2017). One of the major problems that the DSS technique has helped in solving is taking decisions about the quantity of products that must be sent to the outlets everyday for sale. It helps in reducing large amount of travelling cost, and also prevents wastage. Based on the past sale, the DSS system helps in generating an assumption for pr day sales and the outlets can stock that much goods that can help in reducing unwanted amount of wastage. Thus with the help of the DSS, this problem can be solved. On the basis of the same, the following figures is sated below- Application of DSS Total sales of apples in one month are 360kgs on an average. So the company will need to stock as much as 30-35kgs per day and that information can easily be provided by the information system and can help in avoiding wastage of the fruits. Total wastage before the system 10kgs per day on an average Total wastage after the system 2-3kg per day on an average. Cloud computing is a modern phenomenon that is associated with the delivery of various services that are hosted over the internet via transfer of data. With the modern use of internet, it is a very useful method to transfer data from one point to the over by using the internet. The businesses are making use of this modern technology for the growth and development of their services that can be supported by better and faster transfer of data. There are various advantages associated with cloud computing in modern retails sector(Talluri 2017). It helps in better agility of the business, because we are getting the information as and when we require. It helps in shortening the duration of the project that eventually helps in faster data movement and better results. It helps the business is providing cheaper, faster and better quality services. It helps in better innovations in the new business initiatives. By utilising, the various options that are available, business are developing new models just based on the cloud computing services that they receive. There are less operational issues involved in cloud computing. It helps in improving the overall business continuity and helps in deploying the same service at the same speed, with generation of better results overall(Singh Chana 2016) It helps in making better use of the available resources as the overall agility of the business improves. It helps in providing better economies of scale that helps in better utilisation of the physical resources that the company has, and red uces the overall consumption of energy and it can be said in the case of the retail industries. By shifting from the traditional process of data transfer to using the modern method of cloud computing, the businesses may find it difficult sometimes, as it will require large amount of resources. However once the shift is done, after the one time investment, it will help in reducing the overall capital expenses that the company might have to incur(Rittinghouse Ransome 2017). Conclusion With the modern times, the need for change has led to large amount of innovation and that can be reflected in the overall growth that the business of today are experiencing with their large scale development. As the demand as increased and with the rise in the competition, it has become very necessary for the organisations to shift from the basic traditional method of data transfer and communication. The new techniques that are present in the market helps in better analysis, better agility and supports the manager in taking better decisions. The growth of the information systems and technology in the recent times, have been fast but erratic. From being only part of the IT department and helping the companies only in IT related matters, the growth has been substantial and that shift can be seen. From large scale to small-scale business, each has been benefited by this method, but patterns can still be observed. Apart from providing important lessons to the management about how to plan , process and innovate, it also helps the specialists and the experts in taking decisions regarding the development of the business. However, once the initial advantages is reaped, there are many issues involved with barriers exsisting every here and there. These barriers are often associated with the mindset of the management to switch to modern methods of communication and there is a lot of cost involved with making the switch. However, as the necessity for the change increases it has led to a large amount of innovation in that matter(Shaohui Fildes 2017). Now it has become difficult to separate the overall information system and information communication from the present business strategy. Hence the need is to understand how and when to make effective use of the information techniques so that they can use the same for the benefit of the business by merging the same with the strategy of the business. This is the way businesses can make the best use of the present innovation and techniques that are there that can help the management in processing the data to the best of their ability. This will help in the overall development of the retail sector(Lee 2017). In the retail sector there are a lot of activities that are dependent on easy and fast availability of better information, and that might help the business to grow and there is where the need for the fast communication system ticks in. With the advent of the technology the modern day issues of processing of large amount of data is solved easily and people can very easily get all the details that they require. This also leads to better flexibility for the customers and can also helps them to compare the information of the various firms and choose the best options that they like. In retail outlets like WalMart the awesome management information system and the decision management system has helped the organisation in proving the best services to its customers and helps the management in taking fast decisions. It has also helped in eliminating the loopholes that were present in the traditional marketing and communication system and has helped to increase the overall efficiency and made t he process faster. The situation today is such that even though the companies do not want, they have to make the switch and use the information techniques for being in this competitive world(Accorsi et al. 2017). References Accorsi, R, Baruffaldi, G, Manzini, R Tufano, A 2017, 'On the design of cooperative vendors networks in retail food supply chains: a logistics-driven approach', International Journal of Logistics Research and Applications , pp. 1-18. Ahmed, R 2016, Bank Reconciliation Report.Cloud Computing Using Oracle Application Express, Apress Publications, Berkeley, CA. Gunasekaran, A, Subramanian, N Papadopoulos, T 2017, 'Information technology for competitive advantage within logistics and supply chains: A review', Transportation Research Part E: Logistics and Transportation Review, vol 99, pp. 14-33. King, J Carey, M 2017, Personal Finance, Oxford University Press, UK. Lee, I 2017, The Internet of Things in the Modern Business Environment, IGI, USA. Rittinghouse, ,W Ransome, JF 2017, Cloud Computing: Implementation, Management, and Security, CRC Press, USA. Shaohui, M Fildes, R 2017, 'A retail store SKU promotions optimization model for category multi-period profit maximization', European Journal of Operational Research, vol 260, no. 2, pp. 680-692. Singh, S Chana, I 2016, 'A Survey on Resource Scheduling in Cloud Computing: Issues and Challenges', Journal of Grid Computing, vol 14, no. 2, pp. 217-264. Sweeting, P 2017, Financial Enterprise Risk Management, 2nd edn, Cambridge University Press, UK. Talluri, S 2017, 'novel Techniques In Detecting Reputation Based Attacks And Effectively Identify Trustworthy Cloud Services', International Journal of Science Engineering and Advance Technology, vol 4, no. 6.

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