Session 1: Assignment One Question

Think of a business or organization that you admire, then describe two examples of how that business is supported by information systems. For example, do they use it for operational excellence ? Or do they use it to create new products and services ?






Octopus is an electronic payment system using a contactless smartcard.
In the beginning they aimed to develop a simple way to pay fares on public transport in Hong Kong.
Then they extended our reach into simple micropayments for purchases in retail outlets and a simple way for cardholders to gain access to buildings and schools and to identify themselves.
Today, over 2,000 service providers accept Octopus, and new uses are regularly being added. Octopus' success is important to Hong Kong people not only because it's part of everyday life - it's also made everyday life so much easier.

Where to use Octopus in Hong Kong
Octopus is available at over 2,000 different service providers including public transportation services, apparel stores, bakeries, car parks, cinemas, convenience stores, fast food chains, household stores, leisure facilities, personal care stores, photo finishing stores, photocopiers, supermarkets, and vending machines.


Now we no longer need to worry about running out of value on your Octopus, because we can sign up for the Octopus Automatic Add Value Service (AAVS).
With AAVS, HK$250 or HK$500 (to be decided by customers upon application) will be automatically added to our Octopus when the remaining value reaches a zero or negative balance, or when its remaining value plus the maximum negative value is insufficient to settle the full cost of the transaction. Each Octopus can be automatically reloaded once a day. The reloaded amount will be deducted from our designated credit card account, with every AAVS transaction shown clearly in our statement.


Convenience - With AAVS, we don't have to worry about running out of money on our Octopus. We can carry on shopping and parking - worry free!
Available for all Octopus products - Customers can conveniently register for AAVS with any type of Octopus product, including Sold Octopus, Octopus watches, pocket watches and mobile phone straps etc.

E-banking is an online banking service that breaks through time and geographical boundaries and helps we manage our company finances with more ease. With Business e-Banking Services, our company can appoint multiple users with different access rights and authorities, review an at-a-glance summary of balances and transactions of related companies and allow a maximum of two users to jointly authorise online transactions.

The following services are currently available:
Cash Management Services
Trade Services
Facility Details
Investment Services (Enquiry only)
MPF Services
e-mail Services
Management Control

It provided that we have access to the Internet with the recommended browser in our notebook, we will be able to access e-Banking Services anywhere around the world.