Emerging Technology Research Paper on Innovative Idea to start a company or business

User Generated

fueninav04

Computer Science

Description

Please refer attached classmate ideas of mine ,suggest me for the idea for my research paper. Pertaining to an emerging technology which includes Artificial intelligence and cognitive systems, business intelligence, cloud computing, energy harvesting and future fuels, the Internet of things, robotics and wireless and mobile technologies, etc.

  • Describe your proposed idea briefly – one or two paragraphs, We can discuss about it and then may proceed to Activity 1

Important : The Idea must not just technology or information. The idea must be either product or service that will be attempting to solve a problem by building a system or defined a company or business that want to develop.

Once Idea is finalized, I need to complete Activity 1 and Activity 2. ( Instructions attached.)

  • Research Paper in in APA format. Plagiarism is not acceptable. (Please consider this top priority). Which must contain a title page, Abstract, Introduction, Annotated bibliography and References.
  • For Activity 1 and Activity 2 complete instructions are attached. All instructions or tasks must be addressed.
  • Activity 1 is 4-6 pages.
  • Activity 2 is minimum 5 pages.
  • Paper must be included all the references and in-text citations. (few references must be peer reviewed empirical journal articles)

Please provide the idea based on instructions provided. Let me know if you have any questions.

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Explanation & Answer

Attached.

Running Head: CLOUD-BASED ONLINE HOSPITAL APP WITH VIRTUAL REALITY
FUNCTIONALITY

Cloud-based Online Hospital App with Virtual Reality Functionality
Name
Activity 1
Institution Affiliation

1

CLOUD-BASED ONLINE HOSPITAL APP WITH VIRTUAL REALITY FUNCTIONALI TY
Introduction
The company will develop a cloud-based online hospital App with virtual reality
functionality. This technology is modern as it is based on a contemporary technological aspects
in form of cloud computing. Cloud computing is a current form of technology which is still
under development. For instance, the use of applications has been popularized by the Android
application. Besides, the use of services on-demand is a new concept which is at the core of
cloud computing (Parekh & Saleena, 2015). Despite the associated benefits, potential pitfalls
associated with this technology include failure to incorporate a data protection and recovery
strategy. Hacking and failure to duplicate data are other significant pitfalls. The worst case
scenario is business failure but the management will embrace the ‘believe-and-lead’ option. In
case of failure, the management will seek extra capital to preserve operational capacity.
The technology will be assessed using the four interrelated steps; scoping, searching,
evaluating, and committing. The scoping aspect holds that the scope of the project must be
clearly defined. The technical capabilities, its competitive edge and ability to deploy rapid
innovation have to be proactively defined. Once a firm determines the technology scope, it must
now identify where get to it (search) (Kenny et al., 2013). A number of technology sources
include; inside the firm, public licensors and technical and trade literature. The next stage is
evaluation where the firm sorts available options. This is the stage in which the firm identifies
the best options. The aim is to identify the most appropriate in line with budgets, skills and
strategic ends. The last stage is the committing stage. The stage involves committing to one of
the options. In context, the believe-and-lead option is the best in that the firm views the cloudbased online hospital App as promising and commercially viable.

2

CLOUD-BASED ONLINE HOSPITAL APP WITH VIRTUAL REALITY FUNCTIONALI TY
The technology is exposed to a number of risks. Market risks refer the possibility of the
investor undergoing loses due to market factors. Technology risks entail disruptions that arise
from technological failures and data breaches. On the other hand, organizational risks involve
losses that emerge due to uncertainty (Vrhovec, Hovelja, Vavpotič, & Krisper, 2015). It involves
loses due to legal challenges, operational risks and reputational challenges. In context of the
App, technological and organizational risks are more dominant. These two risks will require
more attention as they determine market entry, operational capacity, level of adoption and
profitability.
A company can gain achieve foresight regarding the markets and technologies through
the use of the 3P’s model. The 3P’s is a contraction for perceiving, prospecting and probing.
That is, a company should perceive current market happenings, probe its direction and in turn
transform the information into strategies. Hazard analysis is an effective way of identifying
potential risks within a company’s environment. Its full deployment enables firms eliminate or
control risks.

3

CLOUD-BASED ONLINE HOSPITAL APP WITH VIRTUAL REALITY FUNCTIONALI TY

Annotated Bibliography
Choudhary, V., & Vithayathil, J. (2013). The Impact of Cloud Computing: Should the IT Department Be
Organized as a Cost Center or a Profit Center? Journal of Management Information Systems,
30(2), 67–100. doi:10.2753/mis0742-1222300203

Choudhary & Vithayathil (2013) authorship presents a thorough analysis of cloud
computing, with a particular focus on architecture development and market competitiveness. The
authors have discussed how cloud computing fits into the larger IT organizational structure. They
have discussed its key components such as IaaS, PaaS and SaaS. Additionally, the authors
recommend the use of profit-center organizational structures as the competitive strategy in the
cloud computing market. This article is important to the research as it explains information
asymmetry as a technological barrier. The authors assert that the private knowledge held by firm
managers affect their pricing and adoption. This information is crucial as it informs how best to
narrow information asymmetry between the consumers and the cloud-based online hospital App.
The information is reliable in that it is published in a reputable journal. It was also recently
published, which signifies relevance to contemporary issues.
Deshmukh, P. (2017). Design of cloud security in the EHR for Indian healthcare services. Journal of King
Saud University - Computer and Information Sciences, 29(3), 281–287.
doi:10.1016/j.jksuci.2016.01.002
This article discusses the use of cloud computing in the provision of healthcare. The authors have
proposed a framework upon which healthcare providers can serve patients without comprising the
security of their data. The security protocol proposed by the authors is extremely important to the
research. More specifically, the information shows how the firm can discriminate on the product on the
basis of its security infrastructure. The articles has shown how the cryptography functionality can be used

4

CLOUD-BASED ONLINE HOSPITAL APP WITH VIRTUAL REALITY FUNCTIONALI TY
as a discriminator towards preserving the authenticity of its data system. Th...


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