PRELIM
PRELIM
Other Definitions
Information management (IM) is the process of collecting, storing, managing and
maintaining information in all its forms. Information management is a broad term that
incorporates policies and procedures for centrally managing and sharing information
among different individuals, organizations and/or information systems throughout the
information life cycle. Information management may also be called information asset
management.
Information management is a cycle of processes that support the organization's
learning activities: identifying information needs, acquiring information, organizing
and storing information, developing information products and services, distributing
information, and using information (Choo, 1995).
Information management is the management of organizational processes and
systems that acquire, create, organize, distribute, and use information. According
to a process view of information management, IM is a continuous cycle of six
closely related activities:
• identification of information needs;
• acquisition and creation of information;
• analysis and interpretation of information;
• organization and storage of information;
• information access and dissemination;
• information use
Why is Information Management Important?
Managing of information is important to an organization because it allows to
increased knowledge, decreased inefficiency, and better creation and
implementation of action plans to address areas of opportunity.
Reasons are described in three categories
1. Managing your information saves you money
2. Managing your information makes you money
3. Managing your information keeps you out of trouble
Databases play a crucial role in various fields, from business and healthcare to
education and finance. Some key benefits include:
There are different types of databases designed for specific needs, including:
Relational Databases (RDBMS): Uses structured tables with rows and columns
(e.g., MySQL, PostgreSQL, SQL Server).
NoSQL Databases: Handles unstructured or semi-structured data, ideal for big
data and real-time applications (e.g., MongoDB, Cassandra, Firebase).
Cloud Databases: Hosted on cloud platforms, offering scalability and remote
access (e.g., AWS RDS, Google Cloud Spanner).
Graph Databases: Focuses on relationships between data points, used in social
networks and recommendation systems (e.g., Neo4j, ArangoDB).