1. The document discusses information systems, which are sets of interrelated components that collect, process, store, analyze, and disseminate information to meet organizational goals and objectives.
2. Information systems have several components including hardware, software, networks, procedures, and people. They are used to automate processes, solve problems, improve decision making, and streamline operations to gain a competitive advantage.
3. While information systems provide benefits like improved communication and efficiency, implementing new systems also faces challenges regarding requirements, information architecture, business value, and designing user-friendly ethical systems.
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Introduction To Information System
1. The document discusses information systems, which are sets of interrelated components that collect, process, store, analyze, and disseminate information to meet organizational goals and objectives.
2. Information systems have several components including hardware, software, networks, procedures, and people. They are used to automate processes, solve problems, improve decision making, and streamline operations to gain a competitive advantage.
3. While information systems provide benefits like improved communication and efficiency, implementing new systems also faces challenges regarding requirements, information architecture, business value, and designing user-friendly ethical systems.
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DATA MANAGEMENT
THE MODERN ORGANIZATION: FUNCTIONING IN 7.Timely - Delivered when it is needed.
A GLOBAL ENVIRONMENT 8.Verifiable - Can be checked to make sure it's correct. LO1: Define Information System (IS) The Main Goal of Information System LO2: Data, Information, and Knowledge It can be argued that the main purpose of Information LO3: Components of Information Systems Systems is to transform data into information. LO4: Benefits and Uses of IS Input: Data -> Processing -> Output: Information LO5: Challenges of Implementing IS Information System (IS) Components of an Information System • Hardware It is a set of interrelated components that collect, process, • Software store, analyzes, and disseminates information. It provides • Network a feedback mechanism to monitor and control its • Procedure operation to make sure it continues to meet its goals and • People objectives. Example: GPS, POS, ATM Uses of Information System 1. Organizations require information to determine • Automate Manual Processes appropriate decision making. • Solve Problems 2. Organizations rely on information systems which • Improve Decision Making allow for the processing and analyzing of information. • Streamline Processes 3. IS can range from software, hardware, data, • Gain Competitive Advantage people, and procedures. These are designed to Benefits of Information Systems accumulate information for the day-to-day activities of Information systems offer a number of benefits to an organization. organizations, including improved communication, 4. IS are vital for an organization. The process allows increased efficiency, better decision-making, accessibility, the organization to effectively communicate with its understanding (analytics), health and safety, and customers, suppliers, and competitors. costs/standard of living. Example - Organizations will use information systems to attract/retain customers with the use of the internet and Challenges of Implementing Information Systems processes to manage accounts and HR. While information systems offer many benefits, there are also challenges associated with implementing new Data vs Information vs Knowledge technology. There are five key management challenges in building and using information systems: (1) designing Data systems that are competitive and efficient; (2) Raw facts about the world. (Alphanumeric, Audio, Image, understanding the system requirements of a global Video) business environment; (3) creating an information Information architecture that supports the organization's goals; (4) Processed or summarized facts that can be used in determining the business value of information systems; decision-making. and (5) designing systems that people can control, Example - Total sales for a specific month, Demographics understand, and use in a socially and ethically responsible of regular customers manner. Knowledge Information that leads to valuable actions. Conclusion Example - To serve food effectively, one must understand In conclusion, information systems are a critical the needs and desires. component of organizational efficiency. By leveraging technology to streamline operations and improve Characteristics of Quality Information productivity, organizations can stay competitive in today's 1.Accessible - Easily accessible by authorized users. fast-paced business environment. As you move forward, 2.Accurate - Error free remember that successful implementation of information 3.Complete - Contains all the important facts systems requires careful planning, effective 4.Reliable - Can be trusted and up to date. communication, and a commitment to ongoing 5.Secure - Should be secured from unauthorized access. improvement. 6.Simple - Information should not be complex.