Resource: Ch. 9 of Introduction to Business
Create a 5- to 7-slide Microsoft® PowerPoint® presentation to teach your fellow students about the following IT applications:
·16Transaction processing systems
One of the first transaction processing systems was American Airline SABRE system, which became operational in 1960. Designed to process up to 83,000 transactions a day, the system ran on two IBM 7090 computers. SABRE was migrated to IBM System/360 computers in 1972, and became an IBM product first as Airline control Program (ACP) and later as Transaction Processing Facility (TPF). In addition to airlines TPF is used by large banks, credit card companies, and hotel chains. The Hewlett-Packard NonStop system (formerly Tandem NonStop was a hardware and software system designed for Online Transaction Processing (OLTP) introduced in 1976. The systems were designed for transaction processing and provided an extreme level of availability and data integrity. Transaction processing is a style of computing that divides work into individual, indivisible operations, called transactions.A transaction processing system (TPS) or transaction server is a software system, or software/hardware combination, that supports transaction processing. ·17Knowledge management systems
Knowledge management (KM) comprises a range of strategies and practices used in an organization to identify, create, represent, distribute, and enable adoption of insights and experiences. Such insights and experiences comprise knowledge, either embodied in individuals or embedded in organizations as processes or practices. An established discipline since 1991 (see Nonaka 1991), KM includes courses taught in the fields of business administration, information systems, management, and library and information sciences (Alavi & Leidner 1999). More recently, other fields have started contributing to KM research; these include information and media, computer science, public health, and public...