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IBIT News

Walmart joins IBIT

Walmart founded in 1962, is the newest member of the Fox School’s Institute for Business and Information Technology (IBIT). Walmart is No. 1 in the Fortune 500 for 2013, with sales of $443 billion in 2012 and more than 2.2 million employees worldwide. Walmart also employs more than 5000 IT professionals.

Ben-Saba Hasan, Senior Vice President – IT, and a Fox alum will represent Walmart in Fox IBIT activities. He will also join the Fox IT advisory board.

Thirteenth Annual IT Awards

The Thirteenth Annual Fox IT Awards were held on Tuesday, April 16, 2013 and featured the Fox IT leader Award for Suja Chandrasekaran, Vice President, Enterprise Information Management, Wal-Mart Stores, Inc., the Fox IT Innovator Award for Aleem Walji, Director, Innovation Labs, World Bank, and the Fox IT Award for Distinguished Alumni for Atish Banerjea, Executive Vice President and Chief Information Officer, NBCUniversal, Inc.

The event also featured awards for students, faculty, and staff:

STUDENT LEADERSHIP AWARD
Ryan Oliveira
ADMINISTRATIVE LEADERSHIP AWARD
Cynthia Smith
STUDENT ACHIEVEMENT AWARD
Iris Kapo
Elias Hessler
IBIT IT LEADERS SCHOLARSHIP
Jennifer O’Malley
NIRAJ AND CARA PATEL SCHOLARSHIP
Rachael Jill Voluck
ASSOCIATION FOR INFORMATION SYSTEMS
Outstanding Officer: Czarina Agravante
Outstanding Member: Gabrielle Lopez
JOHN H. SHAIN SCHOLARSHIP
Paula L. Kozak
TEACHER OF THE YEAR AWARD
David Schuff
RESEARCHER OF THE YEAR AWARD
Paul Pavlou
ADJUNCT OF THE YEAR AWARD
Dina Lichtman
FACULTY LEADERSHIP AWARD
Richard Flanagan
ADMINISTRATIVE ACHIEVEMENT AWARD
Joseph Allegra

PICTURE SLIDESHOW
(download high resolution images)

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The Business Value of Big Data: Insights from Temple University’s 2012 Big Data Conference

Business Value of Big DataThe Institute for Business and Information Technology (IBIT) is pleased to announce the release of The IBIT Report – The Business Value of Big Data: Insights from Temple University’s 2012 Big Data Conference authored by David Schuff, Temple University, Larry Dignan, ZDNet, Paul A. Pavlou, Temple University, Suja Chandrasekaren, Wal-Mart Stores, Inc., Clark Frogley, Chartis Global Investigative Services, Adrian Gardner, NASA Goddard Space Flight Center, James Golden, Accenture, and William Stolte, Merck.

In this report, we discuss that while big data has received great attention, the question of how to create value remains open. What remains to be seen is whether companies will be able to navigate the never-ending flow of information to create real insight. This topic was directly addressed at Temple University’s first Big Data Conference, hosted by the Fox School of Business. Seventeen speakers from the retail, pharmaceutical, technology, aerospace, insurance, education, consulting, and public sectors shared stories, examples, and best practices on Big Data. This report summarizes their insights, highlighting several illustrative use cases from Chartis, Merck, and Accenture. The report also presents several key takeaways as well as a list of “Do’s and Don’ts” for organizations looking to get started with big data..

Global IDs joins IBIT

Global IDs, founded in 2001, is the newest member of the Fox School’s Institute for Business and Information Technology (IBIT). Global IDs mission is to develop agent-based integration solutions that can accomplish integration across hundreds of systems. The company created the world’s first data integration software that employs intelligent mobile agents for large-scale integration tasks. Their solutions make it possible for large global companies to address the integration tasks that are required to improve business performance analysis.

Dr. Arka Mukherjee, CEO will represent Global IDs in Fox IBIT activities.

Learn more about Global IDs at http://globalids.com/

Online Labor Markets: An Informal “Freelancer Economy”

The Institute for Business and Information Technology (IBIT) is pleased to announce the release of The IBIT Report – Online Labor Markets: An Informal “Freelancer Economy” authored by Kevin Yili Hong, Temple University and Paul A. Pavlou, Temple University.

In this report, we discuss three aspects of online labor markets. First, we give an overview of the current state of major online marketplaces that offer intermediary services for buyer companies and IT professionals with a focus on one marketplace in particular – Freelancer. Second, we show some findings on the measurable economic benefits online labor markets provide to companies that outsource IT services (measured with consumer surplus) and what factors contribute to higher buyer satisfaction. Third, we offer a novel perspective on the frictions that exist in the micro-level interactions between buyer companies and service providers given the global nature of these markets and how reputation signals can  alleviate these frictions. Finally, we offer practical implications and recommendations for companies that use these marketplaces to outsource IT services to professionals across the globe.

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