Organizations Operating in Real Time (Real-Time Enterprise) and the Role of IT as a Tool Supporting Their Management Systems

2021 ◽  
pp. 582-596
Author(s):  
Jerzy Kisielnicki ◽  
Marek Michal Markowski
Keyword(s):  
Real Time ◽  
Business Processes ◽  
Business Partners ◽  
It Systems ◽  
Business Changes ◽  
Role Of It ◽  
Real Time Information ◽  
A Company ◽  
Time Information

Constant changes in the market and increased competition make it necessary to dynamically adapt the way of running a business. The pressure of constant changes implies the emergence of requirements for information technology, which is the basic tool for information processing in organizations. The necessity of immediate reaction to business changes, reduction of time of business processes realization, immediate retrieval of information and its sharing, became the foundation of the idea of a company processing real-time information (Real Time Enterprise, RTE). RTE provides real-time information to employees, customers, suppliers, and other business partners, ensuring timeliness and consistency across all IT systems. The possibilities of RTE implementation thus become an important element of the IT operation and the entire enterprise. It seems to be advisable to find determinants of designing a proper IT system supporting the operation of an enterprise that processes information in real time (RTE).

scholarly journals Real Time Enterprise as a Platform of Support Management Systems

2021 ◽  
Vol 13 (1) ◽  
pp. 7-20
Author(s):  
Jerzy Kisielnicki ◽  
Marek Michal Markowski
Keyword(s):  
Information Processing ◽  
Real Time ◽  
Success Factors ◽  
Business Processes ◽  
Business Partners ◽  
It Systems ◽  
Design Activities ◽  
Technology Market ◽  
Real Time Information ◽  
Time Information

Abstract The current, fast market changes require enterprises to dynamically adapt the way they conduct their business. This poses many challenges for information technology. Market requirements for immediate response to business changes became the basis of the idea of a real-time information processing (RTE) company. RTE provides real-time information to employees and business partners. Integrated IT systems supporting management constitute a common platform – the foundation of a real-time enterprise. The aim of the article is to present the basic problems of building an IT system that is the basis of a real-time information processing (RTE) company. It is a summary of our work on this type of system. The article justifies the thesis about the need to build a system for the RTE’s requirements and the conditions of its implementation. Such a system is designed to provide employees and business partners with the information they need in real time. The use of integrated systems such as ERP, CRM, SCM, and so on provides the ability to implement the main business processes of a real-time enterprise. The article presents both literature analysis and the characteristics of own work on designing IT systems for RTE. Particular attention was paid to the analysis of success factors (determinants) in system design and the use of MUST methodology (MUST is a Danish acronym for theories of and methods for design activities). The final part of the article presents a proposal for further work on IT systems for RTE in the context of existing trends such as DARQ technology (Distributed Ledger, Artificial Intelligence, Extended Reality, Quantum computing).

The Evaluation of Business Performance in ERP Environments

2018 ◽  
pp. 633-641
Author(s):  
Vicky Manthou ◽  
Constantinos J. Stefanou ◽  
Kalliopi Tigka
Keyword(s):  
Literature Review ◽  
Real Time ◽  
Business Performance ◽  
Business Processes ◽  
Extensive Literature ◽  
Erp Systems ◽  
Performance Dimensions ◽  
Real Time Information ◽  
Time Information

ERP systems, supporting and integrating all business processes across functions and offering real time information necessary for taking actions and making decisions, have prevailed in most enterprises worldwide. The costs involved in ERP implementations may be huge and must be justified by the outcomes. However, extant research has reported mixed and in some cases controversial results. In this chapter, certain important dimensions of ERP systems and of business performance are discussed. The chapter has an educational focus and aims at providing an exploration of ERP system's impact on certain business performance dimensions, informing thus scholars, practitioners and students of the issues involved and the areas they should pay attention when considering ERP implementations. Following an extensive literature review, a classification of diverse studies according to their research focus is provided, which reveals the range of business performance dimensions and can help researchers in their future projects.

The Evaluation of Business Performance in ERP Environments

2016 ◽  
pp. 88-96
Author(s):  
Vicky Manthou ◽  
Constantinos J. Stefanou ◽  
Kalliopi Tigka
Keyword(s):  
Literature Review ◽  
Real Time ◽  
Business Performance ◽  
Business Processes ◽  
Extensive Literature ◽  
Erp Systems ◽  
Performance Dimensions ◽  
Real Time Information ◽  
Time Information

ERP systems, supporting and integrating all business processes across functions and offering real time information necessary for taking actions and making decisions, have prevailed in most enterprises worldwide. The costs involved in ERP implementations may be huge and must be justified by the outcomes. However, extant research has reported mixed and in some cases controversial results. In this chapter, certain important dimensions of ERP systems and of business performance are discussed. The chapter has an educational focus and aims at providing an exploration of ERP system's impact on certain business performance dimensions, informing thus scholars, practitioners and students of the issues involved and the areas they should pay attention when considering ERP implementations. Following an extensive literature review, a classification of diverse studies according to their research focus is provided, which reveals the range of business performance dimensions and can help researchers in their future projects.

TECHNOLOGIES OF AUTOMATED PASSENGERS COUNTING INSIDE HIGH-AUTOMATED VEHICLES OF PUBLIC TRANSPORT

2021 ◽  
Vol 75 (4) ◽  
pp. 74-82
Author(s):  
Kudryavtsev Alexander Alexandrovich ◽  
◽  
Michelle Francua Fumby ◽  
Keyword(s):  
Real Time ◽  
Public Transport ◽  
Unmanned Vehicles ◽  
Information Services ◽  
Automated Vehicles ◽  
Inside Information ◽  
Automatic Counting ◽  
Real Time Information ◽  
Time Information

Technological aspects are observed conserning high-automated public transport vehicles operation. The role of real-time information and automatic door closing of the unmanned vehicles is highlited. Also bescribed how automatic counting passengers can be used inside information services for passengers and for more presice controlling at managing «green lines» for proper filled buses and trams can be used.

scholarly journals THE INCREASING ROLE OF IT AUDITORS IN FINANCIAL AUDIT: RISKS AND INTELLIGENT ANSWERS

2018 ◽  
Vol 16 (0) ◽  
pp. 81-93
Author(s):  
Gergő Barta
Keyword(s):  
Business Processes ◽  
Current Situation ◽  
Business Organizations ◽  
Erp Systems ◽  
It Systems ◽  
Financial Audit ◽  
It Audit ◽  
Role Of It ◽  
And Control

Financial auditing cannot be imagined without the involvement of IT specialists since business processes are designed to be served by IT components such as ERP systems, online customer-facing applications, databases etc. Financial auditors therefore exposed to IT system and control reliance want to gain reasonable assurance that data and transactions stored in IT systems cannot be modified, access is controlled, and there is no suspicion of any fraud at business organizations. The paper tries to understand the current situation of IT audit involvement in financial auditing, interpret risks that parties face and provide some solutions by use of intelligent applications.

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