Information System: Definition, Examples, and Facts

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Information System:

An information system involves a series of steps that helps transform data into a product after a series of steps. It is a difficult task and has a series of steps:

• Collecting information from various sources.
• Storing the information in the form of data.
• Processing it to produce the product. 

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Every company utilizes information systems the information system, irrespective of its net worth, put to use it to manage its data. Some companies rely on information systems. Some examples of such companies include Amazon, Google, and many more. An information system is also necessary for individuals to do their work, search for information, make transactions, and play. 

Institutes like Henry Harvin provide these courses with a lot of benefits.

Components:

The roots of the information system started with the invention of electronic gadgets like calculators. The increase in the technology of electronics raised its usage.

The entire process consists of 3 components:-

1. Computer hardware:-

The hardware parts of a computer are necessary for an information system to work. It includes input devices, memory units, and output devices. Sensors are arranged within and outside computer systems to receive and send information. Increasing technology and the increase in the use of information systems require a lot of developments in hardware tools. For example, data stored in the system is increasing day by day. So, the storage capacity of the memory units also must be increased. The receiving and sending capacities of the sensors need modifications. IT engineers are working hard to improve these technologies day by day. These advances in technology also have some disadvantages. Some of them include 

2. Computer Software:- 

Computer software involves programming languages that form the software. It is of two types front-end and back-end software. 

 Front-end software is the programming language that helps the user to understand the process. It is responsible for managing program files and data. It is the access for users to control and understand the computer with the help of a Graphical User Interface. 

Back-end software is the program that helps the user to work on a specific task. Many applications like calculators and tracking systems come under this category.

However, some companies may have specific software systems licensed to develop their needs.

3. Data:-

Data is a piece of information that is useful to make a particular work in a company. This data is collected from various resources and analyzed to make a decision. It helps in increasing the efficiency of a company and the get profits. 

4. Telecommunications:-

Telecommunications are part of an information system that connects various systems through wired or wireless devices. Wired devices may include portable or heavy devices connected with coaxial cable and fiber optics. Wireless transmission comprises radio waves and microwave transmission of information. Depending on the company’s needs, these connections may include various forms. 

LAN(Local Area Network)- For schools, colleges, homes, and offices within a building. 

MAN(Metropolitan Area Network)- For different networks within an area.

WAN(Wide Area Network)- For different organizations throughout the world.

Types :

There are different types of information systems. Some of them are

1. Operation support system (OSS):- 

This system is to operate a specific function of an organization. For example, a particular operation support system generates customer bills in shops. The operational resource system consists of an Enterprise resource planning system(ERP), a Customer relationship management system(CRM), a Supply chain management system(SCM), and many more. 

2. Management information system (MIS):- 

This system helps in management-related functions like collecting information from various sources, analyzing them, and giving the appropriate information required. For example, it gathers the sales of a particular product in different areas, analyzes it, and informs to increase production. Some information systems include Transaction Processing Systems (TPS), Management Support Systems (MSS), and Expert Systems. 

3. Decision Operated System (DOS):- 

This information system helps to make decisions in an organization. They analyze the information related to a particular aspect and suggest a solution. For example, it surveys a company’s revenue in a month and helps to prepare the monthly budget of a company. Different types of Decision operated systems include Communication-driven DSS, Data-driven DSS, Document-driven DSS, Knowledge-driven DSS, and Model-driven DSS.

4. Executive information system (EIS):- 

An executive information system is the highest category system in an organization. For example, it analyses the sales of a particular product and decides whether to continue the production of the product or modify it.

Several other systems are usable in our day-to-day life.

Examples of information systems:- 

1. Transaction Processing System:- 

A transaction processing system is an information system that helps to record all levels of transactions in a company. For example, it gives information on the number of sales done in a day and helps to estimate the orders to place and profits in a day.

2. Management Information System:- 

Management information system helps to understand management-related concerns. It is related to the study of people, processes, and technology from the management point of view. A manager can figure out the working hours and the work pattern of an employee and decide the increment for them.

3. Customer Relationship Systems:- 

Customer relationship information systems are part of the information system that helps companies assess the purchase pattern of a customer. Based on this, new offers and product recommendations are available for a particular customer. For example, if a customer recharges his mobile for internet usage, offers are available exclusively for them to purchase an internet package. 

4. Decision Support System:- 

The decision support system is a system that helps in making decisions. It helps in resolving management-related issues after analyzing data. The information is related to operations-related data. This system has its use in business as well as a daily lifestyle. For example, google maps help to decide the direction we need to go to reach our destination.

5. Office Automation System:- 

An office automation system is a system that helps in the automatic transfer of information from one system to the other. For example, an employee collects and analyzes data from various sources. This information is easy to access by other members of the team or the team manager. It is possible with an office automation system.

6. Business Intelligence System:- 

Business intelligence systems involve finding solutions by collecting and analyzing raw data. It helps to increase process efficiency by analyzing products, identifying potential frauds, and optimizing and resolving issues. They contain three components, a data warehouse, BI software, and users with appropriate analytics.

Facts of information system:-

This system is necessary for various processes. Here are some of them.

1. Plays a vital role in business growth:-

Information system plays a role in every organization. Every business needs computer software to make the architecture, prepare games, mobile or laptop applications, websites of companies, etc. Therefore, any company that wishes to grow in the future needs an information system.

2. Helps in making decisions:-

Information system helps in making decisions properly. All the information is in access to every employee of the organization. It also helps communicate, discuss and modify the data. So it is easy to verify the data at any time. Hence, the management makes decisions. 

3. Easy to store data:- 

In the olden days, data is in the form of handwritten files. In this procedure, collecting and storing data is difficult. Information system helps to collect and store data in various forms. 

4. Reduce the cost of labor:-

For any work, labor costs are high. Information system helps to optimize and plan schedules and thus helps to reduce labor cost.

5. Manage Tangible assets:-

Information system helps to manage tangible assets by creating a note of their number and the place they are present. This way, all the information is available at any time, and there is no chance of losing them.

6. Helps to get company information:-

In the olden days, collecting information about a company, office, or institute required effort. An information system helps to gather all the data at a particular place. It contains all data about a company, including its products, revenue, number of employees, and everything.

7. Identify the problem and get a solution:-

Every business gets a problem at some phase of the situation. These problems may impact the growth of the company. Information system helps to identify the problem and suggest solutions to it.

Henry Harvin provides courses with affordable fees, job-guaranteed programs, one-year membership, access to its resources, live classes, boot camps, and many more. 

Some other institutes, like Coursera and Udemy, also provide online courses, and some provide offline classes.

Career opportunities for information systems:-

Those who complete these courses can join multinational companies or startups. Various job profiles are available, which include:

1. Programmers.
2. System analyst.
3. Internal auditor.
4. Net developer.

An information system is a leading career opportunity where you can join companies even after a bachelor’s degree, master’s degree, or after a career break. The only criterion is a passion for work. Join the team and give your support to companies.

Related courses:

There are many courses related to this. Some include

• Information security manager course
• Information system auditor courses

FAQs

Henry Harvin provides courses with affordable fees, job-guaranteed programs, one-year membership, access to its resources, live classes, boot camps, and many more. 

Some other institutes, like Coursera and Udemy, also provide online courses, and some provide offline classes.

Career opportunities for information systems:-

Those who complete these courses can join multinational companies or startups. Various job profiles are available, which include:

1. Programmers.
2. System analyst.
3. Internal auditor.
4. Net developer.

An information system is a leading career opportunity where you can join companies even after a bachelor’s degree, master’s degree, or after a career break. The only criterion is a passion for work. Join the team and give your support to companies.

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