E Business And Technology Essay

3001 words - 12 pages

Introduction
Primus Securities is an online trading company. The purpose of this paper is to review the decisions that must be made to launch and maintain an online trading company.
Hardware is the first element addressed; servers, system memory, and hosting decisions will be reviewed. The second portion is software and includes items such as design, security and data storage. To make the web site available to customers, connectivity issues and options will be examined. A comparison to sites such as Ameritrade, Charles Schwab and E-Trade is also included. A lot of customer expectations will have been established by those websites and Primus will have to include many of the same offerings and then add something extra to win customers.
Hardware
Platform
The first consideration in choosing the hardware for the online trading project at Primus is the server type and platform that will be used. There are three basic platforms that should be considered. “In the past, large websites have always run on large UNIX-based systems from companies such as Sun, Hewlett-Packard, and IBM. However, with the increased stability and reliability of Microsoft Windows servers and the advent of the Linux operating system, more and more sites are turning to Intel-based servers” (Rayport-Jaworski, 2003, pp. 361-362).
The Intel-based servers are the best option for Primus, allowing it the flexibility to choose between the Windows Server operating system and the Linux operating system. The software options will be more extensive with this type of server and the cost of purchasing and maintaining them is less (Rayport-Jaworski, 2003, p. 362). The company will likely need three separate servers – a database server, an application server, and a web server. Considering the amount of software needed, this level of flexibility will surely provide an advantage.
System Power
For purposes of this analysis, system power refers to system memory, CPU speed, storage capacity, and disk access speed. The requirements are somewhat different depending on which server is being considered.
Primus should expect that the number of transactions passing through its online trading website has the potential to be massive. Therefore, the database server’s specifications are scrutinized the closest. This machine will need to have a huge amount of storage capacity and will need to utilize the latest technology for fast disk access. Ignoring or minimizing the potential volume of transactions could lead to a sluggish system during peak times and could result in a loss of business.
The application server will provide the processing power for the transactions that are processed on the website. The most important considerations for this server are its speed and memory. The website being designed by Primus will eventually include a comprehensive list of features. Each one of these features will place an additional burden on the system processes and memory. In support of the demands placed on an...

Find Another Essay On E-Business and Technology

E-Business Pros and Cons Essay

2213 words - 9 pages thematic campaign built around the term. Today, major corporations are rethinking their businesses in terms of the Internet and its new culture and capabilities. (1)But E-business is not only Business done on the Internet, since E-business has changed traditional business. "E-Business is the creation of new, and the redesign of existing, value chain and business processes through the application of information technology."(2). In e-Business the linear

Business Administration and E-Commerce Essay

909 words - 4 pages business in cyberspace for as little as $100. Most businesses will spend more, but compared to the cost of opening a physical store, the savings are tremendous. These funds can then be diverted to marketing and advertising of the product or service.Rest assured the future of e-commerce is intact and ever changing. "Like electricity, antibiotics, or the car, the Internet is a revolutionary technology."(France, 1999) It is quite evident that e-commerce

E-Business and Intellectual Property

1029 words - 4 pages protection is used to stimulate the innovation and design of new technology. It basically protects the investments made to develop new technology. Patent protection is usually given in terms, mainly about 20 years. In the article "E-Boom or E-Bust? Business Method Patent and The Future of Dotcommerce," the authors argue that State Street Bank v. Signature Financial Group caused a rush upon the U.S. Patent and Trademark Office (PTO). The evidence

Technology and Business Opportunities

1622 words - 6 pages keeping focus on her gourmet food products. Kathy controls the hiring, ordering and customer service. Through her efforts her business is thriving.Changes in TechnologyCompanies use information technologies (IT) to enhance operations and improve customer service. Technology has allowed Kudler to collect demographic data for each of its customers. The data in this database table is used to access the name and address of customers for order

Global Business and Technology

786 words - 3 pages IBM managing Gap's infrastructure the company experienced slow responses to normal technology issues. The issues were addressed and new processes and procedures were implemented to stabilize Gap's technology operations.As part of Gap's business plan from a global perspective franchise agreements placed Gap in the Middle East. Given the complexity of the foreign market Gap determined their cost and liability would be minimal compared to owning and

Technology and Business Intelligence

1041 words - 4 pages In this technological era, everything has been computerized. Agility and mobility of business has been increasing rapidly over the years. As modern business grows, Business Intelligence (BI) has become an important part in supporting decision-making process in an organization. However, it is not an easy task to implement a BI successfully. It takes time and effort for an organization to be able to come up with a good BI strategy which will be

Use of e-contracts and e-signatures in Business Contracts

1030 words - 4 pages laws, which is the only basis of enforcing such contracts. Finally, it is also important that contracting parties understand the agent-principal relationship and its applicability in e-contracts. In sum, it is apparent that technology has revolutionized business transactions and legal issues related to such transactions. Evidently, however, business people are presented with a greater challenge of keeping the up-to date with the trends in legal

New Trends In E-Business: E-Government And M-Commerce

1329 words - 5 pages technology to make it easy for citizens and businesses to interact with the government, save taxpayer dollars, and streamline citizen-to-government communication. (Whitehouse). Now a days, E-government applications allow governments to manage and reach their resources around the world in much more timely, efficient and less costly manner. The businesses can reduce the burdens by using Government to Business (G2B) portals, which provides one stop access

E-Business And The Supply Chain

1738 words - 7 pages , an increase in inventory costs, and a loss of customers. It is essential for companies to create and manage a value added supply chain to remain competitive in the marketplace. In today's world the use of information technology (IT) is mandatory for any ongoing entity. E-Business Strategies and the Creation of a Value Added Supply Chain The Supply Chain Defined Wikipedia (2006) states, "A supply chain, logistics network, or supply network

Information Technology and Small Business

675 words - 3 pages AbstractInformation technology can play an important role in helping a small business to succeed. By investing in appropriate equipment and technology, a small business operator can grow productivity and reach new markets. Learning about technologies is important. Planning for acquisition and upgrade of equipment and technology is important. Understanding the useful economic life of equipment and planning for upgrades in line with your business

The Future of the Web and e-Business

2540 words - 10 pages keep up with the larger corporations and businesses, they will need to be able to transfer information with the larger companies with ease and at a high speed. Those companies unable to adapt will not have the technology capable to thrive and maintain success.Another change or advancement in e-business will come in the continued progression of doing business over the cell phone. In the next 20 years cell phone technology will be using 4G

Similar Essays

E Business Technology Basics Essay

2757 words - 11 pages customers for the business. The business does not have a recognized brand so they need to invest in advertising for brand recognition. Opportunities There are vast opportunities for JPeterman’s company which includes branding the company as a vintage e-business for persons who collect these items and are willing to spend on high price items. So they need to target this demographic group and advertise in all the possible areas where this group is

Marketing And E Business Essay

860 words - 3 pages strategies are those that closely tie the company's online initiatives to corporate business objectives. And contrary to current perception, this can be accomplished through technology without a large investment in time, resources, and money.Additionally, one must need to take a look at adding a new type of business intelligence--IP-based intelligence--to your e-CRM strategy in order to start nurturing those long-term customer relationships. IP

E Business And E Commerce Infrastructure Essay

2009 words - 8 pages -consumption (Handfield, 2011). E-commerce is essential in respect to supply chains. Strategic opportunities for internet-based technology in establishing partnering relationships and collective decision making amongst supply chain personnel is extremely important. Internet-based technology can provide mutual strategic benefits to all with enhanced customer service, reduced work in progress, faster response times and enhanced

Information Systems And E Business Essay

2021 words - 8 pages E- Business Nowadays, information system have been expanded of our daily business life use because in this age of information, definitely every activity in our daily life today requires people to get involved in the use of information systems. It’s very important to have basic understanding of information system and technology in business area, because information system has become corporation of our daily life business activity as marketing