Knowledge Work Systems

Examples of knowledge work systems:

• CAD/CAM systems: Computer-aided design (CAD) and Computer-aided
manufacturing (CAM) systems automate the creation and revision of designs, using
computers and sophisticated graphics software. They provide engineers, designers,
and factory managers with precise manufacturing control over industrial design and
manufacturing

• Virtual reality systems: These use interactive graphics software to aid drug designers,
architects, engineers, and medical workers by presenting precise, three-dimensional
simulations of objects.

• Investment workstations: These are high-end PCs used in the financial sector to

analyse trading situations instantaneously and facilitate portfolio management.
 CAD systems CAM systems
• What is CAD :
• What is CAM :
• CAD (computer-aided design) is the use of computer-based software to
• Computer-aided manufacturing (CAM) is a type of manufacturing
aid in design processes. CAD software is frequently used by different
types of engineers and designers. CAD software can be used to create method that uses computer software and automatable machinery to
two-dimensional (2-D) drawings or three-dimensional (3-D) models. create products with a high degree of accuracy and precision.
Modern machines and software technologies have enabled us to
• Who uses CAD? create better parts with increasingly more control over the entire
process
• Architects
• Manufacturing Processes Automated by CAM
• Engineers
• Milling
• City planners
• Graphic designers
• Turning

• Animation illustrators • Waterjet, laser and plasma cutting

• Fashion designers • CNC routers

• CAD software/tools • 3D printing

• MicroStation (offered by Bentley Systems) • Advantages of Computer-Aided Manufacturing

• AutoCAD (offered by Autodesk) • Fast and accurate

• CorelCAD • Reduces wastage
• IronCAD • Reduced labor costs
• CADTalk • Increased control over manufacturing
• SolidWorks • Disadvantages of Computer-Aided Manufacturing
• Cost
• Skilled labor
Virtual reality systems
• Virtual Reality (VR) is the use of computer technology to create a simulated environment.
• Virtual reality is the use of computer technology to create simulated environments. Virtual reality places the user inside a
three-dimensional experience. Instead of viewing a screen in front of them, users are immersed in and interact with 3D
worlds. Simulation of human senses—all five of them—transforms a computer into a vehicle into new worlds. The only
limitation to a superb VR experience is computing power and content availability.
• The Three Types of Virtual Reality
1) Non-Immersive Virtual Reality
2) Semi-Immersive Virtual Reality
3) Fully Immersive Virtual Reality
• The Use Cases :
• Training Aerospace
• Healthcare Conference Rooms
• Military Data Visualization
• Entertainment Education
• Architecture Fashion
• Aviation Gaming
• Manufacturing
Investment Research Workstation
• Investment Research Workstation Features and Functions are a list of critical needs and wants that enable
capability that supports an investment research analyst (fixed and equity research, fundamental and quantitative
analysis) uses to work effectively and efficiently
• Why is Investment Research Workstation important for asset and investment management firms?
• Asset management firms are looking for every kind of edge to beat the peers and the respective benchmarks.
• Hence, technologies and tools that support the investment research function have emerged as a critical success
factor. For the sell-side firms, sound investment research is the bedrock of the firms’ value-add to the buy side.
• it is a strategic imperative for asset and investment management firms to focus on transforming the investment
research function into a digitally-enabled process that elevates analyst’s performance.
• Features and functions
• Defining a universe of securities
• Aggregating disparate sets of data
• Synthesis, analysis, and gleaning of insights
• Forming opinions and crafting recommendations
• Communicating the recommendations
• Monitoring and measuring the efficacy of recommendations
• Who should use the Equity Research Workstation Features?
• Heads of Research functions spanning equity, fixed income, quantitative and fundamental, and technical.
• Technology leaders who are responsible for enabling the research workstation
• Business and Enterprise Architects who envision the research workstation solution