Harnessing The Infrastructure And Data Involved In Information Management Term Paper

Harnessing Information Management, the Data, and Infrastructure 1. Ascertain the importance of information management for the company or industry that you have chosen

Caesars Entertainment is an American gaming corporation that is headquartered in Paradise, Nevada. The company owns and runs various hotels, casinos, and golf courses under different brands. Information management is of great significance for the company and the gaming industry as a whole. Information management is largely significant for Caesars Entertainment for the reason that it facilitates the preservation and sustenance of policies, procedures as well as codes of practice established for the company as a whole. One of the advantages is its influence in the company’s internal operations. From an internal perspective, information management facilitates Caesars Entertainment in ensuring there is sufficient movement of workflow of data with the parallel departments. For instance, consumers that come to the hotel and request information about tickets to the casino and the different services rendered for gaming are able to automatically taken to the sales department that delineate and satisfy the needs of the consumers and offer any solutions. The same case can be perceived from the consumers that visit the casino for gaming and desire to stay in the premises for a number of days. Basically, information management ensures that consumers are routed to the different department that satisfy their needs. Most of all, information management makes certain that the data collected is dealt with by the fitting employees. As a result, information management enables the company to attain business intelligence and at the same time guarantee satisfaction of all its consumers and personnel (Willcocks, 2013).

Another importance of information management in the gaming industry is increased revenue. As is usually stated within a casino, “the house always wins”. Information management makes this possible. Imperatively, one of the most important approaches of increasing revenue is the generation of more efficacious work settings that do not have any kind of wastages. Caesars Entertainment is able to attain increased productivity owing to proper information management. For instance, if personnel spend less time searching up documents or has extensive information on the consumer preferences in spending, in totality this increases productivity. In the same line, information management facilitates decreased...

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The twofold bonus of decreasing costs and enhancing revenue is obviously possible, nevertheless, and is one of the means companies can physically evaluate the value of information management over time. Explicitly in terms of decreasing expenses, products or services can be rendered faster, in an inexpensive manner and to a higher quality. Nonetheless, to be accurate, the manner in which they accomplish this largely depends on how the company manages its information (Price, 2016).
2. Analyze the fundamental impact of IT architecture or enterprise architecture on information management for your chosen company or industry. Determine if IT architecture impacts the effectiveness or efficiency of information management and vice versa

IT architecture is delineated as the knack and skill of designing and delivering valuable technology approaches and strategies. Caesars Entertainment, similar to all other organizations, have to have the capability to outlines strategies for solving business issues with information technology. IT architecture has a great impact on information management for Caesars Entertainment. Through IT architecture, the personnel of the company have the ability to provide dependable and consistent communication and accessibility of data between its consumers, personnel and the executive members of the company. Without doubt, IT architecture influences the efficacy of information management within the organization. It facilitates proper data handling, which enables smooth flow of practices within the company. Caesars Entertainment deals with numerous consumers on an everyday basis ranging from those taking part in the casino to those necessitating leisure in the hotels and golf course. In particular, IT architecture ensures that all consumers can gain accessibility to all services rendered real-time devoid of any delays and schedule their various needs. For instance, when a client comes from the casino subsequent to gambling and misplaces his key card for the hotel room, through IT architecture, the personnel at the front desk are able to contact the IT professionals to come up with a new code that can open the room for the consumer (IASA, 2016).

3. Suggest at least two (2) data storage methods regarding database, data warehouse, and / or date mart for your chosen company or industry. Provide a rationale for your response

With the continued increased popularity of the gaming industry, there is a mounting demand in the…

Sources Used in Documents:

References

Bourgeois, D. T. (2014). Information Systems for Business and Beyond. New York: Saylor Academy.

IASA. (2016). What is IT Architecture? Retrieved from: https://www.iasaglobal.org/itabok/what-is-it-architecture/

Informatica. (2017). What is Data Warehousing? Retrieved from: https://www.informatica.com/services-and-training/glossary-of-terms/data-warehousing-definition.html#fbid=LA3cy-9BNxl

King, L. (2014). The Casino Giant And The Quest To Cut Odds On Your Gambling Habits. Forbes. Retrieved from: https://www.forbes.com/sites/leoking/2014/10/27/the-casino-giant-and-the-quest-to-cut-odds-on-your-gambling-habits/#53caa2fc32e5

Price, J. (2016). 3 benefits of effective information management. LinkedIn. Retrieved from: https://www.linkedin.com/pulse/3-benefits-effective-information-management-james-price

Smithline, A. (2014). What, Exactly, Is a Data Warehouse? Raving Flash. Retrieved from: http://www.ravingconsulting.com/wp-content/uploads/2013/05/7-7-14HowDataWarehousingMeansSmarterStrategy.pdf

Willcocks, L. (2013). Information management: the evaluation of information systems investments. New York: Springer.



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