Technology

Summary

The use of technology will be very important in the projected growth of Primus Securities. With a multitude of technologies available, choosing the correct ones that maximize capability with future expansion will be a priority. Primus Securities, much like its industry brethren, E-trade Securities and Charles Schwab, is attempting to provide successful online investing via their website. Using technology, Primus has at their disposal many online products, tools, and services to choose from that would provide a unique and satisfying online investment experience for its customers. Primus wishes to expand their site to include more frequent and faster investment opportunity for customers.

An incremental implementation of technological infrastructure will allow for future expansion and will provide savings throughout future operation. In addition, this technology will provide customers a more secure and satisfying shopping experience and will increase their confidence level. It will be necessary to incur a large expense on infrastructure installation at the beginning of the development. This infrastructure investment along with a subsequent investment in human resources to staff it will make future expansion cheaper and easier to accomplish.

Finally, outsourcing key aspects of the operation will achieve maximum cost savings.

Infrastructure

The purpose of a well-designed infrastructure is to ensure that an e-business is able to run effectively while safely being scaled within a budget. For a company like Primus Securities, a cost effective infrastructure will be implemented remaining functional and adequate for their purposes. The important aspect of a new e-business is to add technology without disturbing business operations and aligning information systems with the organizational strategy. In this paper, Team B will examine a viable infrastructure for a new e-business