Business System Analysis Essay: Identifying and Solving Problems

Introduction

The wonderkind company is a publishing company which provides opportunities for college students to discuss business matters which concerns their present market and product trend, social issues, and general stock market dynamics. This paper creates a business system analysis by clearly introducing the problems that the business is facing and determining the requirements for solving the problem.

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Business Requirements to Solve Problems

The company faces a lot of problems in its operations. The business is heavily relying on the use of the internet, and therefore it has to establish a stable internet platform. The business is currently struggling in developing its website so that it can communicate with its clients. The company feels that it is not providing its clients with enough information and proper attachment where they can get information efficiently.

The solution to this problem is to partner with companies which offer web hosting programs enabling the company to market its business idea and get a primary source of cash. When the company receives its website hosting, it will be able to publish its newsletter that provides all information about the products, market trends, and other company's services it offers more efficiently.

Wonderkind Company is still limited to customers from colleges. The market strategy is too shallow to enable the company to create more income. College students are new in business and don not have the prospect of outdated business procedures and publication sources. The interests of college minds are quite different from other people, and they give ideas as a service to the company might not attract more customers.

The perfect solution to the problem is to encourage more subscribers who are motivated to benefit from the multitude of information provided by business professionals from all over the world. This can only be achieved by establishing a secure website which will provide adequate information and marketing power that reaches most people.

Criteria in Implementing the Solutions

The company, however, needs to put in place some requirements followed in implementing the solutions provided. The objective of integrating new technology is paramount in the implementation of the proposed solution (Traver, 2016). There are various trends in web hosting one of the preferred solutions to communication through the website. Web technologies improve daily. The company needs to embrace new technologies in web hosting like cloud hosting, which will enable the company to be flexible and scalable in its performance. The company needs to spread its workload to many servers resulting inefficiency in case of hardware failure or overload by enabling the website to load new host immediately.

For the second problem and solution offered concerning the limited number of subscribers to college students the technology that the company needs to integrate is using the technique of AI machines to help the company analyze data more efficiently and making it easier for marketers sourcing for more customers to personalization to their customers. Through AI technology, the company will also be able to understand its content and relate it to their target customers.

Key Technological Requirements

Any business needs to consider new technologies in their operation and particularly in Wonderkind company since it is a new business which needs to grow, it has to compete with the companies that have been in the field for many years and the only way to beat them is by making use of the technological trend that will provide it with a statistical edge over the market (Ropovic,2016). For instance, Wonderkind uniqueness in terms of services provided courtesy of technology will command more market and growth rate.

A growing business company like Wonderkind needs to have vital technological requirements to become more efficient and be able to manage its operations and generally to improve its performance. The identified technical requirements which are essential for Wonderkind are:

Embracing the cloud-based services and avoiding like cloud web hosting mentioned above. Cloud-based services offer excellent security and scalability solutions, among others. It also provides automated backups for secure collaboration.

Collaborating with other companies is a trend in business today. Collaboration brings the workforce together and therefore enabling the company to grow in popularity and expands its market. There are platforms like Microsoft teams that will allow proper cooperation between employees in a company. Employees can chat and communicate together in real-time. It is vibrant when employees and other business partners collaborate and make full use of resources available.

Protection of company's information is also one of the critical technical requirements of a company. Cybersecurity is still a challenge in business in the present world. It is essential to equip the company with a cyber-security system which protects the business from data breaches. A company without cybersecurity is vulnerable to cybersecurity threats. Comprehensive security Microsoft offers better security to the company's endpoint and detects threats earlier enough safeguarding apps and data.

Wonderkind being an internet service provider company, needs to upgrade its hardware resources. Maintaining the hardware updated increase the increase in the productivity of the company. By associating with IT services, the company will hit into unmatched technological skill familiarity.

Other than hardware upgrade, there is also the software revolutions as a new technological requirement in the business. There is better business intelligence software that provides track, store, and process and analyzes data leading to perfect decision making for the interest of the company. An example of the platforms is the Microsoft share points.

Competitors and Technology

There are several competing companies in the field that have adopted new digital transformation and is competing with Wonderkind. Digital technology is providing an area of competition in business by altering the customer's life and how they perceive the products and services(Schwepker,2015). Here are some of the technologies that are used by other companies that offer stiff competition.

Technology 1

Most companies use innovative technology like the digital transformation index to move faster than their competitors. The digital transformation index enables a company to reach more markets more quickly with a more advanced solution to beat their larger competitors.

Technology 2

The other technology used in businesses is online service provision. Companies ensure that every service they offer is available in the internet. They are delivering their customers with internet experience by writing software to make their services appealing to the customer to create a new presence in the market before the real service through online getting their to their customers as fast t as possible.

Technology 3

These days' successful companies make technology as a product or service even if it is a small company. Every company don does not take themselves as a technology company; instead, they use code as their product. This implication has helped the company to race past their competitors.

Conclusion

In conclusion, to generate revenue through e-commerce, a company needs to have a system analysis on how to integrate the new technologies for it to compete favorably with other players in the market. From the problems cited and illustrations of the proposed requirements to solve business solutions, it is evident that technology is the crucial factor.

References

Traver, C. G. (2016). E-commerce: business, technology, society.

Popovic, A. (2016). Extending the understanding of critical success factors for implementing business intelligence systems. Journal of the Association for Information Science and Technology, 67(1), 134-147. Retrieved from https://onlinelibrary.wiley.com/doi/abs/10.1002/asi.23366

Schwepker Jr, C. H. (2015). Sales management: Analysis and decision making. Routledge. Retrieved from https://content.taylorfrancis.com/books/download?dac=C2014-0-41769-3&isbn=9781317460282&format=googlePreviewPdf