Carmarthen Business School is an educational institute that has decided to conduct a yearly conference and has termed it as Rethinking Business Conference. It will be a new business venture by the school and a business plan and strategy will be required to be designed accordingly. The report covers the data and information that will be required to decide upon the location of the conference along with the further details associated with the same, such as number of delegates, sustainability of the location, facilities required and likewise. The tools that will be used for information storage along with the sustainability of the venture have been explained in the report. It also covers the trends that are associated with data generation, information storage and its analysis.
Prior to the organization of the conference, there will be a lot of information that will be required to be gathered so that the organization of the conference is adequate and meets the expectations of all the stakeholders involved.
It would be essential to identify the purpose of the conference being organized by Carmarthen Business School. The planning activities associated with the conference will proceed only when the purpose is identified and is documented. The vision and mission statements for the conference will therefore be needed in the initial phase (Kalmukov, 2011).
Planning is one of the essential activities that are involved in every task. The same holds true for the conference that will be organized by the Carmarthen Business School. A business plan will be required to understand the estimations associated with the venture. The plan must cover the highlights of the requirements that are to be met along with the schedule and cost details. There may also be several risks that may occur in association with the organization of the conference. The details of all such possibilities along with the risk management strategy must also be covered (Daimi & Li, 2018).
The details of the resources that will be involved, their set of roles and responsibilities along with the communication plan that must be followed will also be required to be included in the business plan.
Wales Coastal Path runs through the coastline of Wales and is one of the footpaths that cover a very long distance. The path was opened for public on May 5, 2012 and provides a walking route of 870 miles. The path runs from Chepstow that lies in the southern region of Wales to Queensferry that is present in the northern region (Walescoastpath, 2018).
Wales has established itself as the first country to provide the public with a dedicated footpath that covers almost its entire coastline. There are several locations that the path covers viz. Conwy, Menai Strait, Caernarfon, Aberystwyth, and many more.
The list of all the locations along with the distance map will be required to understand the feasibility of the conference. It will also provide the information on the ease of accessibility. An environmental report of the locations describing the climatic conditions will also be necessary to choose the apt location for the conference.
Future Generations Wales Acts has been presented to enhance the social, cultural, economic and environmental well-being. The various sets of permissions are provided by the act to realize this objective.
There are seven goals that are covered under the act viz. establishment of a prosperous, resilient, healthier, more equal, globally responsible, vibrant culture and cohesive communities Wales.
The primary objective of the conference is to establish a more equal Wales. The goal revolves around providing the people with the capability to fulfil their potential to the fullest eliminating the constraints associated with the background or socio-economic circumstances (Futuregenerations, 2018).
The information on the further amendments and policies that come under the act will be required to design and execute the conference accordingly.
Carmarthen Business School has made sure that it enhances the social, cultural and environmental scenario of Wales through a series of its initiatives.
There were certain events that were organized by the school that proved to be extremely successful while there were some that did not meet the expectations. The information associated with all of these events will be required to understand the success and failure criteria.
The conference schedule and plan will be prepared accordingly.
MySQL is a relational database management (RDBMS) database engine that allows easy storage of data sets. The tool is extremely simple to use and understand and the SQL statements can be effortlessly executed on the engine.
The conference that has to be organized for the Carmarthen Business School will involve a variety of data sets that will be required to be stored in the forms of the tables. For instance, there will be separate tables for the information of the delegates, location details, organizer details, facilities information and so on (Oracle, 2011). All of these tables will have a relation with each other that will also be required to store in the database. MySQL will allow the convenient storage of the data sets, relationships between these sets and the associations as well.
Business Plan
The tool is also open-source in nature and can be easily downloaded which will be beneficial from the budget point of view. There may be a few last-minute additions or eliminations in association with the conference. MySQL is a tool that can be easily scaled up or down which will allow easier modification of the storage space as per the changing nature of the requirements. The tool is also compatible with a wide range of leading operating systems.
The information associated with the conference will be collected from a number of data sources. These data sets will also have different structures in terms of structured, unstructured and semi-structured data. The data formats and types may also vary from one another.
Big Data tool, such as Apache Hadoop will make sure that all of these data sets are brought together on a common platform. The data will be easily organized and stored using this tool (Awadallah, 2011).
The tool will be appropriate for the conference as it comes with a variety of interesting and useful features. The handling of unstructured data has been a major issue in the past and it is often witnessed that the desired meaning is not obtained from such data sets. Hadoop will make the processing, storage and handling of unstructured and other data sets easy. This will make it easy to execute the decision making activities conveniently (Ishwarappa, 2015).
There are various security risks and attacks that often take place on the data sets. These data sets may have a negative implication on the data properties, such as its confidentiality, availability and integrity. Hadoop is a tool that is fault tolerant and allows the data to be stored in two different locations. The data is automatically replicated so that the security attacks do not impact the data properties. In this manner, the data sets associated with the conference will always remain secure.
The high volumes of the data sets can be processed at an extremely fast rate with the aid of Hadoop and the data sets that will not be required will also be eliminated in the process. The storage space will be utilized optimally as a result and the unwanted data sets will be discarded.
It is also cost effective in nature that will ensure that Carmarthen Business School is able to distribute its funds adequately.
Cloud storage has become a necessary element for the organizations of the current times. A cloud database is therefore necessary to make sure that the data is easily accessible and can be shared with the internal and external stakeholders with much ease.
List of Venues
Amazon Web Service (AWS) offers the cloud storage solutions for storing abundant volumes of data sets. There are varied data sets that are associated with the new business venture by Carmarthen Business School. The details associated with the conference will be required to be shared with the delegates and other associates. The cloud database will make the process of information sharing easier by storing the data sets in the database that will be accessible to the authorized users (Aws, 2018).
The database will also be appropriate for the business venture as it will provide a scalable and durable platform. The storage space and the related requirements will be easy to modify and will also be scaled up or down as per the need.
There are numerous technologies have been introduced that make the task of data storage and data analysis easy. Some of these technologies include Big Data, Internet of Things (IoT), and Business Intelligence technologies, such as data analytics, data mining, data warehouse and many more. The cloud storage solution by AWS will provide an easy integration with all such leading technologies which will allow the business associates to analyse the data sets conveniently.
The analysis of these data sets will provide them with the patterns and trends involved to organize the conference in a better manner.
There are numerous attacks on information security that may take place. It would be essential to protect and safeguard the information at all times.
The set of security tools will be used to make sure that the information properties, such as its confidentiality, privacy, availability and integrity is always ensured. Anti-malware and anti-denial tools will provide protection from the malware attacks and denial of service attacks. There are intrusion detection and prevention tools that have been designed that will make it easy to detect and prevent the network security risks and attacks (Kaur & Saluja, 2014).
The use of advanced access control and authentication measures must be done so that only the authorized users are provided with the ability to access the information and data sets. There shall also be use of basic security tools and measures, such as firewalls and proxy servers.
Encryption of the information is one of the essential requirements that must be met. The data and information sets that are associated with the conference must be encrypted so that the attempts of the malevolent entities do not cause any damage.
Future Generations Wales Act
Carmarthen Business School is required to conduct the conference at a location that is easy to commute and also does not harm the environment in any manner. The delegates must not face any trouble and the climatic conditions must also fall in-line with the organization processes. Taking all of these points in consideration, the location that is recommended for the conference is Aberystwyth. The location has been recommended as it offers a scenic view to the rivers Ystwyth and Rheidol. The town has a small population which makes it free from the hustle and bustle of the crowded cities.
The location has been selected as it fulfils the following sustainability criteria:
- The location offers the adequate parking space for all the delegates that will attend the conference. This will make sure that the organization is smooth and there is no inconvenience caused to the organizers as well as to the attendees (Iisd, 2018).
- The location also offers a scenic view to the rivers and the town that will make sure that the conference takes place at a spot that is closer to the nature.
- The waste materials will be easily handled and managed using a recycle and reuse approach. This will make sure that there is no damage done to the environment (Eccles, 2012).
- The location is also easy to reach and is also not far away from Carmarthen. This will make sure that the delegates reach the location with ease and on-time.
There management of the location makes sure that the processes of continuous improvement are carried out so that the economic and environmental sustainability of the location is maintained and is also improved (Schiffman, 2015).
The use of resources is also done in such a manner that there are no hazards done to the environment. The best available technology and environmental quality approach is followed for sustainable use of the energy resources (Raderbauer, 2011).
There are three tools that have been identified for data storage viz. MySQL Database Engine, Apache Hadoop for Big Data storage and Amazon Web Service (AWS) cloud storage solution.
These tools will provide different storage solutions to the business venture. MySQL is a relational database management (RDBMS) database engine that allows easy storage of data sets. Apache Hadoop will make sure that all of the data sets are brought together on a common platform. The data will be easily organized and stored using this tool. Amazon Web Service (AWS) offers the cloud storage solutions for storing abundant volumes of data sets. There are varied data sets that are associated with the new business venture by Carmarthen Business School.
There are also business intelligence tools that have been identified that will be used in the venture for data analytics and data warehousing. In order to prevent and detect the security risks and attacks, the anti-malware and anti-denial tools will be used. Also, the network security tools for intrusion detection and prevention will be used to make sure that the information sets are always protected.
There are several trends that are witnessed in the areas of data storage, data generation and its analysis. One such trend is the increase in the use of NoSQL database. These databases offer numerous benefits over the traditional database engines. NoSQL databases offer transparent expansion with the aid of new nodes that offer enhanced flexibility and scalability (Sareen & Kumar, 2015). RDBMSs have been scaled up to match with the Big Data volumes; however there are a few operational issues that are observed. NoSQL databases match up with the increasing volumes of the data and can be easily handled. These databases also offer additional features in terms of storage of the documents and graphs (Nayak, 2013). Carmarthen Business School can also make sure of such database tools instead of the traditional database engines.
List of Past Ventures
The generation of data from varied data sources has also been automated with the development of the data gathering and data capturing tools. These tools identify the probable and possible data sources and look out for the desired data sets on the basis of the information that is fed. The use of these tools will make it easier for the business venture to collect the structured, unstructured and semi-structured data sets. There may be data sets of different types and formats which will also be gathered with ease and will provide meaningful information.
There are advancements that are being done in the development of integrated tool that offers the varied capabilities of data generation, storage and analysis. Such tools amalgamate different data-related technologies, such as Big Data, Data Analytics, Data Mining, Online Analytical Processing, Data Warehousing and many more. The other leading technologies, such as Internet of Things (IoT) and information security policies are also being integrated in these tools.
The use of such latest tools will provide Carmarthen Business School with enhanced capabilities for information and data management and its storage. As a result, the organization of the conference will also be successfully completed.
Conclusion
Carmarthen Business School has decided to start a new business venture and the report covers the mechanisms that will assist in the smooth and successful execution of the conference. The planning of the execution of the conference must be done adequately so that the associated risks and events are handled correctly. The data and information sets must be managed and stored as per the tools that are identified.
References
Awadallah, A. (2011). Introducing Apache Hadoop: The Modern Data Operating System. Web.stanford.edu. Retrieved 4 January 2018, from https://web.stanford.edu/class/ee380/Abstracts/111116-slides.pdf
Aws. (2018). Cloud Storage Services – Amazon Web Services (AWS). Amazon Web Services, Inc.. Retrieved 4 January 2018, from https://aws.amazon.com/products/storage/
Daimi, K., & Li, L. (2018). Designing an Online Conference Management System. Pdfs.semanticscholar.org. Retrieved 4 January 2018, from https://pdfs.semanticscholar.org/885f/81e9e91e4ccf20d5f312f181aa535893e943.pdf
Eccles, R. (2012). How to Become a Sustainable Company. Hbs.edu. Retrieved 5 January 2018, from https://www.hbs.edu/faculty/Publication%20Files/SMR_Article_EcclesMillerSerafeim_77d4247b-d715-447d-8e79-74a6ec893f40.pdf
Futuregenerations. (2018). Future Generations Act – Future Generations Commissioner for Wales. The Future Generations Commissioner for Wales. Retrieved 4 January 2018, from https://futuregenerations.wales/about-us/future-generations-act/
Iisd. (2018). Business strategies for sustainable development. Iisd.org. Retrieved 5 January 2018, from https://www.iisd.org/business/pdf/business_strategy.pdf
Ishwarappa, A. (2015). A Brief Introduction on Big Data 5Vs Characteristics and Hadoop Technology. Ac.els-cdn.com. Retrieved 4 January 2018, from https://ac.els-cdn.com/S1877050915006973/1-s2.0-S1877050915006973-main.pdf?_tid=a5111d3a-f162-11e7-8c54-00000aab0f6c&acdnat=1515079344_1c48a43798852bc2f5f34acaed113095
Kalmukov, Y. (2011). Architecture of a Conference Management System Providing Advanced Paper Assignment Features. Research.ijcaonline.org. Retrieved 4 January 2018, from https://research.ijcaonline.org/volume34/number3/pxc3875888.pdf
Kaur, A., & Saluja, M. (2014). Study of Network Security along with Network Security Tools and Network Simulators. Pdfs.semanticscholar.org. Retrieved 4 January 2018, from https://pdfs.semanticscholar.org/6bbd/8e968febd016bffca2f2957b1ecd53d3dc70.pdf
Nayak, A. (2013). Type of NOSQL Databases and its Comparison with Relational Databases. Retrieved 5 January 2018, from https://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.402.3372&rep=rep1&type=pdf
Oracle. (2011). Top 10 Reasons to Choose MySQL for Web-based Applications. Retrieved 4 January 2018, from https://www.oracle.com/us/products/mysql/mysql-wp-top10-webbased-apps-461054.pdf
Raderbauer, M. (2011). The Importance of Sustainable Business Practices in the Viennese Accommodation Industry. Wien.gv.at. Retrieved 5 January 2018, from https://www.wien.gv.at/umweltschutz/nachhaltigkeit/pdf/raderbauer.pdf
Sareen, P., & Kumar, P. (2015). NoSQL Database and its Comparison with SQL Database. Ijcscn.com. Retrieved 5 January 2018, from https://www.ijcscn.com/Documents/Volumes/vol5issue5/ijcscn2015050506.pdf
Schiffman, S. (2015). Make it your business. Retrieved 5 January 2018, from https://www.pwc.com/gx/en/sustainability/SDG/SDG%20Research_FINAL.pdf
Walescoastpath. (2018). About the path. Walescoastpath.gov.uk. Retrieved 4 January 2018, from https://www.walescoastpath.gov.uk/about-the-path/?lang=en
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