Chapter 6 telecommunications and networks. After reading and studying this chapter, you should be able to: Understand the concept of a network; apply Metcalfe’s law in understanding the value of a network; identify major developments and trends in the industries, technologies, and business applications of telecommunications and Internet technologies. | Telecommunications And Networks Chapter 6 Identify several major developments and trends in the industries, technologies and business applications of telecommunications and Internet technologies. Provide examples of the business value of Internet, intranet, and extranet applications. Learning Objectives Learning Objectives Identify the basic components, functions, and types of telecommunications networks used in business. Explain the functions of major types of telecommunications network hardware, software, media, and services. Why Study Networking? When computers are networked, two industries – computing and communications – converge, and the result is vastly more than the sum of the parts. Suddenly, computing applications become available for business-to-business coordination and commerce, and for small as well as large organizations. Case #1: Wireless Business Applications Business Value of Wireless: Time is money. Pocket PCs help reduce travel time at Celanese Chemicals related to | Telecommunications And Networks Chapter 6 Identify several major developments and trends in the industries, technologies and business applications of telecommunications and Internet technologies. Provide examples of the business value of Internet, intranet, and extranet applications. Learning Objectives Learning Objectives Identify the basic components, functions, and types of telecommunications networks used in business. Explain the functions of major types of telecommunications network hardware, software, media, and services. Why Study Networking? When computers are networked, two industries – computing and communications – converge, and the result is vastly more than the sum of the parts. Suddenly, computing applications become available for business-to-business coordination and commerce, and for small as well as large organizations. Case #1: Wireless Business Applications Business Value of Wireless: Time is money. Pocket PCs help reduce travel time at Celanese Chemicals related to plant equipment diagnosis. Fidelity Investments attracts customers by offering services via wireless devices. GM uses wireless devices to improve forklift operator productivity and cut costs. Case #1: Wireless Business Applications What is the business value of wireless technologies in the chemicals and automotive manufacturing industries? What other manufacturing applications might benefit from wireless technologies? Why? What are some of the business benefits of wireless technologies in finance and investments? What other applications would you recommend? Why? Check the website of to help you answer. Case #1: Wireless Business Applications What are some of the business benefits and challenges of using wireless technologies in retailing? What are some other applications that might be beneficial to consumers, as well as retailers? Why? What are some of the major challenges limiting the widespread use of wireless technologies in many business applications? What can be done