Information Systems - RMIT University

So JP Morgan Chase in the US was just fined $280 million dollars for allowing their employees to use Whatsapp and other unmonitorable services for business purposes, it's a good reminder that we need to build information systems that are aligned with government regulation and that there is a lot of it to be aligned to!

On the other hand, JP Morgan Chase had 2020 revenues of US$119.5 billion and had net income of US$29.1 billion, so it may not be feeling that much pain from the fine

JPMorgan hit with $280m fine for using WhatsApp Slammed over widespread failure to keep accurate business records.

We all want our UX to be memorable and maybe a little bit quirky, but sometimes we can go too far!

Worst. Idea. Ever. "I will do everything in my power to talk you out of this."Original story here: https://clientsfromhell.net/post/561720286/client-i-would-like-to-have-our-ho...

So, it's the last month of the year and of course we are now getting the end of year awards such as Words of the Year. For IS people, the one that stands out is Collins Word of the Year - NFT (non-fungible token)

https://qz.com/2094397/collins-dictionarys-word-of-the-year-is-nft/

NFTs have exploded this year and of course many of us are sceptical, but people with lots of money are paying amazing amounts of money for them (but they did pay similar amounts in Holland for tulips many years ago too - https://en.wikipedia.org/wiki/Tulip_mania) Still, it definitely pays to keep an eye on the hype cycle🤪

Tulip mania - Wikipedia Tulip mania (Dutch: tulpenmanie) was a period during the Dutch Golden Age when contract prices for some bulbs of the recently introduced and fashionable tulip reached extraordinarily high levels, with the major acceleration starting in 1634 and then dramatically collapsing in February 1637.[2] It is...

Excel 😱 I don't think anyone can dispute that the spreadsheet is one of the most important, if not the most important management technology of the last 50 years, it's ubiquitous and very few people in business can avoid using them and often immensely useful as well. And if we're talking about spreadsheets, then we're talking about Excel today (who remembers Lotus 1-2-3 or Visicalc or Quattro Pro) and then we all give a sigh as we realise that such an essential tool has such a dangerous implementation:

https://www.marketwatch.com/story/88-of-spreadsheets-have-errors-2013-04-17 #:~:text=Close%20to%2090%25%20of%20spreadsheet,authority%20on%20bad%20spreadsheet%20practices.

Often, it's the users, but just as often it's Excel:

https://slate.com/technology/2020/10/u-k-covid-19-spike-caused-by-microsoft-excel-error.html

An Outdated Version of Excel Led the U.K. to Undercount COVID-19 Cases And you thought you had frustrating experiences with Excel.

xkcd always gets to the heart of things in an amusing way. How stable is your digital infrastructure?

Dependency

Interesting article on salaries for certifications. Whether the certification causes the salary is a bit doubtful, but it does give a good indication of what skills are in demand in the IS sphere

The best-paying certifications in IT Which ones have you got?

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do you use a Wearable Device? one of my PhD students needs a few more people to interview about the use of the wearable device... PM me if you can participate.

https://en.wikipedia.org/wiki/IP_over_Avian_Carriers

IP over Avian Carriers - Wikipedia In computer networking, IP over Avian Carriers (IPoAC) is a proposal to carry Internet Protocol (IP) traffic by birds such as homing pigeons. IP over Avian Carriers was initially described in RFC 1149, a Request for Comments (RFC) issued by the Internet Engineering Task Force (IETF) written by D. Wa...

RMIT Launchpad provides a place for alumni to tell their stories...

Sheryl Thai Founder of Cupcake Central. Bachelor of Business Information Systems (2006)

It's amazing how much money people will spend on satisfying their collector habit, especially for a computer that has less power than a calculator has today :-)

https://arstechnica.com/apple/2017/03/one-of-eight-remaining-functional-apple-i-computers-goes-up-for-auction-in-may/

One of eight remaining functional Apple I computers goes up for auction in May The selling price is estimated to be somewhere between $190,000 and $320,000.