IT Governance and Law Essay Example | Topics and Well Written Essays - 3000 words

IT Governance and Law - Essay Example CRM or Customer Relationship Management is the process whereby all the information relative to a customer linked to an organization is properly catered. This is done mainly with the help of information systems. Proper handling of information relative to customers is the key to the prosperity of any organization. The processing of customer related information such that it becomes the center of the information flow of any organization is the core responsibility of the Customer Relationship arena or CRM. Traditional CRM systems have been promoting the business arena for a number of years now. Benefitting from their services organizations have also evolved with the increasing technological advancements. The way CRM systems have incorporated with the emerging phenomenon of Cloud Computing and what the implications of such incorporation may be are integral need of the day discussions. The report is aimed such that the relativeness of CRM systems is narrated first as an introductory term an d then as a discussion evaluating the significance of the conventional old systems and the new cloud incorporated systems. Figure 1: Customer Relationship Management. ... omized particularly to each business’ needs CRM systems not only manage data but also result in the overall analysis and prosperity of sales figures. CRM for Investment broker? The main services that a Retail brokerage firm offers are collectively termed as Wealth Management Services. These include coverage of stock trading for individual investors, investments in different mutual funds and other financial products like insurance products. They also offer advisory services to strengthen their relationship with their customers. A new class of customer relationship managers has emerged that focused specially the business of offering financial services. Due to this development it is extremely essential for the Retail brokerages to opt for a sophisticated and proven Customer Relationship Management system in order to achieve better productivity, customer satisfaction and yield. What is cloud? The term cloud has become much prevalent nowadays. The cloud, in common words, may be ref erred to as a collective pool of resources which can be accessed by multiple users. The usage of the resources on the cloud is often associated with the authorizations given to the users but as per need the resources may be made publically accessible as well. The core concept of cloud, in a formal definition narrated by the National Institute of Standards and Technology (NIST) the organization terms cloud as: A model that provides accessibility to a set of resources being made available in the form of a pool. The resources are linked to network access of the on-demand type, which is being provided with suitability. The examples of the shared computing resources may be networks, storage areas, services, applications and servers etc. These readily available resources are available with very little

Global GDP, Death Rate, and Life Expectancy Research Paper

Global GDP, Death Rate, and Life Expectancy - Research Paper Example First, as per capita GDP increases, the life expectancy also increases for that country. Second, as per capita GDP increases the death rate would decrease for that country. The data was gathered from the US Central Intelligence Agency Factbook available online. Information was gathered from 220 countries that listed their per capita GDP, death rate, and life expectancy. Every attempt was made to use the most current data available, and all of the data was from 2007-2008. No data used was older than the data from 2007. The per capita GDP was the 2007 rate, and the death rate and life expectancy were based on 2008 estimates. From this list of 220 countries, a group of 30 countries were selected for analyzing by the following method: The countries were sorted in ascending order according to the per capita GDP. The highest and the lowest countries were eliminated. The countries were selected by choosing every seventh country from the list, resulting in a final list of 30 countries. Standard deviation was calculated using the n-1 method using the Excel spreadsheet. The per capita GDP had a high of $79,400 in Luxembourg and a low of $300 in the Democratic Republic of the Congo, for a range of $79,100. The mean per capita GDP was $7600, with a standard deviation of $17,635. Though the United States was not on the list used for evaluation, it is included as a reference point at $45,800. The Death Rate The Death Rate is measured in deaths per 1000 population. It ranged from a low of 3.53 in the Gaza Strip to a high of 22.33 in Lesotho for a range of 18.8. The median death rate was 7.49, and a standard deviation of 4.11. The median death rate is marginally less than the US's 8.27. Life expectancy is listed in years and ranged from a low of 40.17 years in Lesotho to a high of 79.36 years in Austria. The life expectancy range was 39.19 years and a median life expectancy of 73 years with a standard deviation of 9.91 years. The global median life expectancy is below the US's life expectancy of 78.14 years. Tables 1, 2, and 3 are the comprehensive lists of the data used for this research that has been ordered by per capita GDP, death rate, and life expectancy. The Data: Initial Examination For an initial examination of the data, it is helpful to view the information on a histogram. This gives a visual indication of the range of the data as well as the distribution across the range. Figures 1, 2, and 3 are the histograms that represent the per capita GDP, death rate, and life expectancy respectfully. Table 1: Data sorted by per capita GDP Country Per Capita GDP Rank Per Cap GDP Death Rate per 1000 pop Rank Death Rate Life Expect Life Exp Rank Luxembourg $79,400 1 8.43 18 79.18 3 Ireland $46,600 2 7.77 15 78.07 5 Austria $39,300 3 9.91 21 79.36 1 Germany $34,100 4 10.8 24 79.1 4 Faroe Islands $31,000 5 8.67 19 79.29 2 Bahamas, The $28,000 6 9.22 20 65.72 24 Czech Republic $24,500 7 10.69 23 76.62 8 Oman $19,000 8 3.68 3 73.91 12 Latvia $17,700 9 13.63 28 71.88 18 Poland $16,200 10 9.99 22 75.41 10 Botswana $14,300 11 14.02 29 50.16 29 Mexico $12,400 12 4.78 7 75.84 9 Cuba $11,000 13 7.19 14 77.27 6 Saint Vincent and the Grenadines $9,800 14 5.96 10 74.34 11 Thailand $8,000 15 7.17 13 72.83 17 Ecuador $7,200 16 4.21 6 76.81 7 American Samoa $5,800 17 4.13 5 73.47 14 Tonga $5,100 18 5.12 8 70.44 20 Maldives $4,600