FIT5141: Critical Analysis of Emerging Technologies - IT Assessment Answer

TASK: 

Part A: FIT5141
In this part you will review and critically analyze recent developments in IT. We suggest focusing on areas related to
• data management and storage,
• cloud computing,
• data analytics,
• machine learning,
• optimization and
• operations research,

You need to critically comment about the significance and impact of the new technology and its negative or positive impact on:
1. The industries it affects, and,
2. The general impacts on the broader economy, and
3. Human wellbeing

• Identify 3-6 Emerging IT technologies and/or trends
• Describe their evolution historically
• How do they relate to each other?
• How are they used?
• How are they transforming IT industry, the economy, scientific development, human wellbeing?
• Justify all statements by appropriate referencing or logical argument!
• Diagrams are good!

Part B: FIT5141
Select a dataset for use in Assignments 2 and 3 based on outline of the assignments in the grey box below, and:
1. Critically review approaches and techniques used to manage and analyse the types of data provided in the data sets for use in the assignments in this unit.
2. Select dataset for use in Assignments 2 and 3 and identify a relevant business problem statement.
a. The problem statement must be developed by you and must be a substantial issue that cannot be easily resolved by a quick look over or simple statistical analysis of the data. You are expected to use your initiative in this matter. Feel free to discuss with the lecturer and tutors.
b. Note that you are encouraged to find a dataset yourself that is suitable for use in these assignments but it must be checked by your tutor or the lecturer.
c. Brief outlines of Assignment 2 and 3 are below.
3. Perform a requirement analysis which will guide process of developing the data management solution for assignment 2 and R-based data analysis solution components to be implemented in assignment 3
4. Develop a project plan to address this problem using information and knowledge extracted through appropriate analysis of the data, and,
5. Develop a project plan and requirement analysis which will guide process of completing the assignments.

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