1st Lecture Data Vs Information
1st Lecture Data Vs Information
Data
A
given, or fact; a number, a statement, or a picture Represents something in the real world The raw materials in the production of information
Information
Data
that have meaning within a context Data in relationships Data after manipulation
5/02/10 The date of your final exam. $52,010 The average starting salary of an accounting major. 52010 Zip code of state.
Information
SIRIUS SATELLITE RADIO INC. $7.20 $7.00 $6.80
Stock Price
6.34 6.45 6.39 6.62 6.57 6.64 6.71 6.82 7.12 7.06
Information in Context
Systems thinking
Creates
a framework for problem solving and decision making. Keeps managers focused on overall goals and operations of business.
What Is a System?
System: A set of components that work together to achieve a common goal Subsystem: One part of a system where the products of more than one system are combined to reach an ultimate goal Closed system: Stand-alone system that has no contact with other systems Open system: System that interfaces with other systems
Generating Information
Computer-based ISs take data as raw material, process it, and produce information as output.
Information Systems
Generic Goal: Transform Data into Information
Information Systems
Individuals - Entertainment and enlightenment Businesses - Decision making, problem solving and control
The Benefits
Synergy
When combined resources produce output that exceeds the sum of the outputs of the same resources employed separately
Allows human thought to be translated into efficient processing of large amounts of data
Data Processing
Output
Input: Data is collected and entered into computer. Data processing: Data is manipulated into information using mathematical, statistical, and other tools. Output: Information is displayed or presented. Storage: Data and information are maintained for later use.
Processing
Navigation System
Computing Shortest Paths; Finding the Nearest Chinese Restaurant Directions (each turn + a map with arrows) List of nearby Chinese Restaurants (sorted by dist.)
Output:
Recall that Information Systems have five more specific components: People, Data, Communication Network, Hardware, Software. In a Navigation System
what is the Communication Network? what is the Hardware? who are the People?
Step 1: Always ask yourselfWhat is the purpose of the system? Step 2: Identify People, Data, Hardware, Software, Communication Network. Step 3: Identify Input, Output, Processing, Feedback, Control.
So what is the feedback in a navigation system? Feedback is information about how the system is performing.
Feedback can help you identify problems with the systemso you can improve it.
An information system is a system that accepts data resources as input, and processes them into information products as output. Includes four component parts Input Processes Output Feedback
Raw materials
Manufacturing
Products
(Inputs)
(Output)
IS Vs IT
INFORMATION TECHNOLOGY Hardware Software Databases are used to build INFORMATION SYSTEMS
Payroll System
Inventory System
Networks
Other related components
Marketing System
Expanding Roles of IS
Classification of IS
Information Systems
1. Operations support systems process data generated by business operations Major categories are: i) Transaction processing systems ii) Process control systems iii) Office automation systems 2. Management Support Systems provide information and support needed for effective decision making by managers Major categories are i) Management Information System
Process business exchanges Maintain records about the exchanges Handle routine, yet critical, tasks Perform simple calculations
ii) Process control systems monitor and control industrial processes. iii) Office automation systems automate office procedures and enhance office communications and productivity.
2. Management support systems provide information and support needed for effective decision making by managers Major categories are:
i)
Routine information for routine decisions Operational efficiency Use transaction data as main input Databases integrate MIS in different functional areas
iii) Executive information systems provide critical information tailored to the information needs of executives
Other categories
a) Expert systems b) End user computing systems c) Business information systems
Challenges
1. Workforce downsizing 2. Information overload 3. Employee mistrust 4. Difficult to built 5. Security breaches
Opportunities
1. 2. 3. 4. 5.
Enhanced global competitiveness Capture market opportunities Support corporate strategy Enhance worker productivity Improve quality of goods and services
Application Programs
An application program is a computer program designed to support a specific task, a business process or another application program.
Functional area information systems Enterprise resource planning systems Transaction processing systems Interorganizational information systems
Office automation systems Functional area information systems Business intelligence systems Expert Systems Dashboards
Systems analyst, specialist in enterprise resource planning (ERP), database administrator, telecommunications specialist, consulting, etc.
Knowledge Workers
Managers and non-managers Employers seek computer-literate professionals who know how to use information technology.