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Click to edit Master title style

Project Assignment:
Presentation
Student’s Name
Professor ’s Name
Course
Date

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Company Master title style
Profile

• Netflix was founded on August 29, 1997, by Marc Randolph and


Wilmot Reed Hastings. Its headquarter is in Los Gatos, California,
United States.
• The company’s purpose is “to entertain the world,” and its mission
statement is generally based on its nature of providing on-demand
movie streaming services (Todorova, 2020).
• Initially, the company sold and rented DVDs; however, it eliminated
sales after a year to focus on DVD rentals and introduced streaming
and video on-demand services in 2007.

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Company Master title style
Profile

• Netflix is one of the leading companies in the entertainment industry,


offering streaming and entertainment services.
• Currently, the company provides services to more than 222 million
subscribers in over 190 countries worldwide.
• Organizational structure is based on a unitary structure involving a
hierarchy to ensure executive control and direction within the
company. 

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Strategies

• The two mainly used strategies for competitive advantage are cost
leadership and Differentiation. Cost leadership allows the company to
provide its services at low costs, acquiring more customers in the online
entertainment market (Cebeci et al., 2019).
• Through intensive growth strategies that the company uses, the strategy
allows it to gain the biggest market share regarding the international online
entertainment industry. 
• The company uses a differentiation strategy to develop its online business
and products to distinguish the organization from competitors.
• The strategy allows the firm to attract and retain customers, thus
supporting its intensive growth strategies. 
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Strategies

• The various strategies that the company can use to improve its
performance include market development, market penetration, and
product development. 
• Market penetration strategy involves the organization expanding its
operations to achieve global market reach, especially in countries
that cannot access its services (Lamkhede & Das, 2019).
• Market development strategy includes the company selling its
current online streaming services to a new market.
• The company can use the strategy to develop and sell new products
in the current online market regarding product development. 
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Click to editInvolved
Technology Master title
Data style
Management

• Netflix operations are based on Amazon Web Services (AWS),


which offers nearly all the computing and storage needs.
• AWS's services to the organization include databases,
recommendation engines, analytics, and video trans-recording,
among others.
• Netflix has its own storage hardware, which is custom-built for video
streaming with hard drive systems as the main ones.
• The organization uses services that are based on hard disk drives
and flash drives.

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Technology Master title
Data style
Management

• The company uses various open-source software to ensure


adequate operations (Maddodi & Krishna Prasad, 2019).
• The software that the company uses in the backend includes Java,
MySQL, Apache, Gluster, and Hadoop.  
• The company uses adaptive bitrate streaming technology, allowing
users to adjust video and audio quality to match connection speed
and network conditions.
• Primarily, it uses the internet for streaming services from its services
to customers’ screens. 

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Click to editInvolved
Technology Master title
Data style
Management

• Netflix uses data processing software and traditional business


intelligence tools like Hadoop to manage and process its data. 
• The various advantages of the method include the ability to gather,
store and process massive information, cost optimization, more
efficient operations, and improved decision making.
• The disadvantage is that there are associated with compliance
issues that affect data collection and processing. 

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Analysis MasterSystem
of Existing title style

• The existing information system ensures critical features such as


scalability, reliability, high availability, and low latency.
• Netflix continuously makes an effort to improve its use of different
services provided by AWS to improve its IT infrastructure.
• Besides, the company has a well-organized human resource team
made of individuals who promote its culture and ensure retention
efforts

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Analysis MasterSystem
of Existing title style

• Security is one of the critical problems that Netflix experiences


based on its existing information system (Maddodi & Krishna
Prasad, 2019).
• The attackers use loopholes in Netflix’s system to easily siphon off
subscribers’ personal and payment information.
• Another critical problem regards the internet infrastructure used in
the current system. The problem is experienced with the 54
countries in Africa.

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Evaluation andMaster title style
Suggestion

• The organization invests more resources to ensure that customers are satisfied
with its services.
• The organization embraces new technology within the system, which allows it to
use efficient and economical methods like big data tools and cloud storage to
perform different tasks. The system is associated with fewer failures, making it
successful in most cases.
• The organization’s use of its information system is associated with success. Its
success heavily relies on its information technology approach and information
system (Cebeci et al., 2019).
• Through the various components of the information system, the company
manages to gather and analyze users' information to recommend the best
movies based on their preferences and other factors like location.  
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Evaluation Master title style
Suggestion

• The major problems that Netflix is currently experiencing regarding


its information are security threats to its data, especially from the
clients’ side, and internet infrastructure problems.
• The company should improve security to counter a new threat that
occurs in movie streaming over torrent networks.
• The company should improve its telecommunication services,
especially in markets facing access challenges. This includes
focusing on Over the Top (OTT) platforms to ensure that subscribers
worldwide can access and use Netflix’s streaming services over the
internet.
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Conclusion

• Information system plays a critical role in Netflix's success and


position in the entertainment industry.
• Using an information system significantly improves its performance
and ensures scalability, reliability, high availability, and low latency,
essential in the online streaming business.
• The organization should improve security and adopt Over the Top
services to enhance customers’ experience and growth. 

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References

• Cebeci, U., Ince, O., & Turkcan, H. (2019). Understanding the intention to use
Netflix: An extended technology acceptance model approach. International Review
of Management and Marketing, 9(6), 152.
• Lamkhede, S., & Das, S. (2019, July). Challenges in search on streaming services:
netflix case study. In Proceedings of the 42nd International ACM SIGIR Conference
on Research and Development in Information Retrieval (pp. 1371-1374).
• Maddodi, & Krishna Prasad, K.(2019). Netflix Bigdata Analytics-The Emergence of
Data Driven Recommendation. International Journal of Case Studies in Business,
IT, and Education (IJCSBE), 3(2), 41-51.
• Todorova, A. (2020). Netflix Organizational Culture-An Environment to Support the
Career Development of Employees in a Socially Responsible Company. Nauchni
trudove, (3), 135-151.
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