Bosch is a multi-national electronics and engineering company. The Bosch is a leading supplier of technology and services. The four sectors in which Bosch operates is Mobility Solutions, Industrial Technology, Consumer goods and Energy and Building Technology. Bosch offers innovative solutions for smart homes, smart cities, connected mobility, and connected manufacturing. The Bosch Group operates in around 60 countries across the world.
Information systems are the systems which help to collect, process, store and distribute information. It helps a company in various ways.
Bosch also uses few of the information systems, which include:
The above mentioned information systems help Bosch to work faster and efficiently.
The BZO informs all the associates about the Bosch Groups objectives and activities and show them what makes Bosch tick. It explains corporate strategy and current developments.
It provides guidance, creates trust and enhances identification with Bosch. It contains all the information related to the different branches of Bosch.
It contains the information about the various events conducted by Bosch across the globe.
Advantages
Disadvantages
An enterprise level, centralized, real time solution giving end to end visibility covering key functions in the cycle of contract employee management like empanelment of contractors, contract management, recruitment of contract employees, contract employee data management and automatic interfacing with workforce management solution.
CEMS EmpInSite is software mainly used by the Human resource department for maintaining the details of the contract labourers.
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Disadvantages
Block chain is major disruptive technology because it is used to secure any kind of property rights in the web. Block chain is a technology that consists of a distributed database that relies on a network of business partners who consent to each block of transactions.
This eliminates fraud in the overall system and makes intermediaries like bank obsolete. The blockchain is maintained by a peer-to-peer network. The network is a collection of nodes which are interconnected to one another. Nodes are individual computers which take in input and perform a function on them and give an output.
The Information on the block chain is shared and can be used continuously to record the data. The block chain database is not stored in any specific location, the records are public and can be easily verifiable. There is no centralized kind of information for a hacker to corrupt.
Distributes ledger technologies of which block chain is a part is used by Bosch. DLT is a decentralized managed ledgers. DLT distributes information with high level of transparency and security.
Areas of application in Bosch are those which are built on confidence and consensus. DLT makes it difficult to attack or manipulate. There is transparency in DLT which makes cyber-attacks more difficult.
Advantages
Disadvantages
Performance is the biggest dis-advantage using block chain. The transaction is processed in same way as centralized database, but it requires the additional security which takes the process time bit more than the centralized database.
Big data means which has massive volume of both structured and unstructured data so that it becomes too difficult to process using traditional database and software techniques. The big data is often characterized by extreme volume of data, wide variety of data types and the velocity at which data must be processed.
Big data plays a vital role for the success of future business models in the Internet of Things connected industry and for promising projects at Bosch. Big data methods reveal relationships and dependencies or perform predictions of outcomes and behaviours.
It offers advanced technology which helps to extract the information relevant for an ever increasing number of questions out of huge data volume. It is the key to handle huge data volumes that go beyond the capacity of traditional data processing applications.
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Disadvantages
Management Information System is also used in Bosch as one of the IT system. This is used to record employees in-time, out-time, overtime done by the employees and absence details. This helps Bosch in paying salaries and other monetary benefits to the employees.
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SAP is another information system used in different departments of Bosch. This helps various departments to access the data at one particular place leading to easier access and reducing the time involved in physical method of maintaining data. As SAP is an integrated system all the departments in Bosch are connected with each other.
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Disadvantages
A chatbot is an artificial intelligence which conducts conversations with humans for better customer service.
Bosch uses chatbot for digital customer engagement, internal staff support and chat enabled Bosch products.
Advantages
Disadvantages
Bosch almost uses advance technology in order to meet the present business demands.
Sometimes there are server breakdowns and network issues in Bosch, so they have to try to fix the network issues as soon as possible or else it would be difficult to operate with the information system leading to wastage of time and resources.
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