16 May BRIEFLY DESCRIBE WHAT THAT COMPANY DOES AND HOW IT USES THIS TECHNOLOGY TO SUPPORT ITS BUSINESS IN GENERAL
Competitors and Technology: In this section, you will describe two competing companies that operate in the same industry as your business. You will also explain how a company uses the two technologies that you are investigating in order to determine if the technology may be appropriate for your business to use. Remember that a list of competing companies was provided to you in the final project case scenario.
A. Technology One: Select one company in the same industry as your own that uses this technology. Briefly describe what that company does and how it uses this technology to support its business in general. Include specific examples.
B. Technology Two: Select one company in the same industry as your own that uses this technology. Briefly describe what that company does and how it uses this technology to support its business in general. Include specific examples.
C. Referring to what you learned in your research on the companies above, explain one specific way in which one of the companies is benefitting from technology, and describe the potential benefit to your business if you were to adopt the same approach.
IV. Technology Solutions: In this section, you will discuss how each of the two technologies meets the technology requirements that you identified in section II. Use your decision matrix to guide your responses.
A. Technology One: Explain how well this technology meets the technology requirements of your business. Be sure to address which technology requirements the technology meets, and where there are gaps.
B. Technology Two: Explain how well this technology meets the technology requirements of your business. Be sure to address which technology requirements the technology meets, and where there are gaps.
V. Recommendations: In this section, you will recommend the technology solution that you believe is most appropriate for your business based on how well each technology meets your business’s technology requirements.
A. Recommend a technology solution for your business, and defend why that solution is appropriate. You may recommend only one technology or any combination of the two that you investigated.
B. Explain the overall benefit of your recommended technology solution to your business. Consider the following:
C. How will it will it enhance efficiency?
i. How will it position your business for future growth as you move online?
VI. Basic Security Considerations: In this section, you will briefly explain what the owner of your business must consider in regard to security and privacy if they choose to adopt your recommendations.
A. Explain the security features your recommended technology solution should have.
B. Briefly explain what your business should consider in regard to security and privacy as you seek out third-party vendors for the proposed technology.
C. Briefly describe the internal safeguards that should be put in place in your business to guard against loss or misuse of company data. Provide examples.
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