By Randall J. Boyle, David M. Kroenke
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Extra resources for Using MIS
Computers are getting exponentially faster. The cost of data processing is approaching zero. Metcalfe’s Law The value of a network is equal to the square of the number of users connected to it. More digital devices are connected together. The value of digital and social networks is increasing exponentially. Nielsen’s Law Network connection speeds for highend users will increase by 50 percent per year. Network speed is increasing. Higher speeds enable new products, platforms, and companies. Kryder’s Law The storage density on magnetic disks is increasing at an exponential rate.
We develop ideas and then kick them around with each other. Nobody has all the smarts. ” “Maybe you did. ” “Jennifer, you’ve been here almost 6 months; you have a degree in business. Several weeks ago, I asked you for your first idea for a process that would identify potential drones, or drone parts, that could be 3D-printed. ” “Yes, I wasn’t sure how to proceed. ” “I don’t want to waste money …” “No, you don’t. So, when you didn’t get very far with that task, I backed up and asked you to send me a list of parts that could be printed based on our existing drones, a list of replacement repair parts we buy on a regular basis, the specifications for future drones that we might buy, and a description of how existing 3D-printed drones are made.
Mateo wants to grow Falcon Security nationally. He knows there are plenty of industrial clients outside of Texas that would pay for its services, possibly even a lucrative contract with the federal government. Joni is worried that Falcon is not ready. It’s been a bumpy ride. Buying fleets of drones (planes and helicopters) has been expensive and, at times, frustrating. People have to be trained to operate the drones, the drones seem to break frequently, and newer models are always coming out. Then there’s the hugely expensive systems development project that’s currently under way to automate the collection, storage, and analysis of the data from the drones.