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Bis Data Information


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Bis Data Information

  1. 1. Good Morning to you all 09/02/09 Kamlesh Ghag
  2. 2. Definitions 09/02/09 Kamlesh Ghag DATA = Raw facts INFORMATION = Collection of facts
  3. 3. Assignment 09/02/09 Kamlesh Ghag DATA INFORMATION Organized
  4. 4. Relations 09/02/09 Kamlesh Ghag DATA INFORMATION Exchange KNOWLEDGE VALUABLE Adding Value
  5. 5. DATA <ul><li>Is a gathered body of facts </li></ul><ul><li>Origin Latin word – Datum </li></ul><ul><li>In computing data is information that has been translated into a form that is more convenient to move on process </li></ul>09/02/09 Kamlesh Ghag
  6. 6. Characteristics of Data <ul><li>Accurate </li></ul><ul><li>Complete </li></ul><ul><li>Economical </li></ul><ul><li>Flexible </li></ul><ul><li>Reliable </li></ul><ul><li>Relevant </li></ul><ul><li>Simple </li></ul><ul><li>Timely </li></ul><ul><li>Verifiable </li></ul><ul><li>Accessible </li></ul><ul><li>Secure </li></ul>09/02/09 Kamlesh Ghag
  7. 7. INFORMATION <ul><li>Defined as the characteristics of the o/p of the process </li></ul><ul><li>Is produced by all processes and it is the value of characteristics in the process’ output that are information. </li></ul>09/02/09 Kamlesh Ghag
  8. 8. PROCESS <ul><li>A set of logically related tasks performed to achieve a defined goals </li></ul><ul><li>Is a instance of a program (running in a computer) </li></ul>09/02/09 Kamlesh Ghag
  9. 9. Procedure A series of actions done in a certain way. 09/02/09 Kamlesh Ghag
  10. 10. KNOWLEDGE <ul><li>An awareness and understanding of a set of information and ways that information can be made useful to support a specific task or reach a decision. </li></ul>09/02/09 Kamlesh Ghag
  11. 11. VALUE OF INFORMATION <ul><li>Measured in the time required to make a decision and to increase profits </li></ul><ul><li>Directly linked how it helps decision makers achieve their organization goals. </li></ul><ul><li>Helps decision makers / managers decide whether to invest in additional IS and technology. </li></ul>09/02/09 Kamlesh Ghag
  12. 12. 09/02/09 Kamlesh Ghag Value of Information Additional Profits Cost of Information -
  13. 13. SYSTEM <ul><li>Is set of elements / components which interacts to accomplish goals </li></ul><ul><li>Have inputs, process, outputs and feedbacks ( system components) </li></ul><ul><li>A group of interdependent items that interacts regularly to perform a task </li></ul><ul><li>An established or organized procedure or method </li></ul><ul><li>A computer system refers to h/w & s/w components that run a computer or computers </li></ul>09/02/09 Kamlesh Ghag
  14. 14. SYSTEM ELEMENTS <ul><li>Inputs </li></ul><ul><li>Processing Mechanism </li></ul><ul><li>Outputs </li></ul><ul><li>Feedbacks / Goals </li></ul>09/02/09 Kamlesh Ghag
  15. 15. Inputs of System needs <ul><li>Time </li></ul><ul><li>Energy </li></ul><ul><li>Skills </li></ul><ul><li>Knowledge </li></ul>09/02/09 Kamlesh Ghag
  17. 17. Inputs…. <ul><li>Gathering and capturing raw data </li></ul><ul><li>Can be seen in many forms </li></ul><ul><li>Accurate inputs are critical to achieve the desired output </li></ul>09/02/09 Kamlesh Ghag
  18. 18. Processing <ul><li>Transforming / Converting / Changing the data into desired outputs </li></ul>09/02/09 Kamlesh Ghag
  19. 19. Outputs <ul><li>Outcome of the inputs which are processed during the process </li></ul>09/02/09 Kamlesh Ghag
  20. 20. Feedback <ul><li>To make the changes / rectify / re-process the inputs or processing mechanism. </li></ul><ul><li>It is critical activity. </li></ul><ul><li>It is important tool for managers and decision makers to make the conclusion. </li></ul>09/02/09 Kamlesh Ghag
  21. 21. Why IS 09/02/09 Kamlesh Ghag Investigation Analysis Design Implementation Maintenance & Review Problem Solutions Select / Plan Placement Evaluation
  22. 22. INFORMATION SYSTEM 09/02/09 Kamlesh Ghag <ul><li>IS – set of interrelated components </li></ul><ul><li>IS – provides a feedback mechanism to meet an objective </li></ul><ul><li>E.g. of IS are </li></ul>
  23. 23. Importance of IS 09/02/09 Kamlesh Ghag For personal growth Organization Reaches Their goals High quality Of life
  24. 24. 09/02/09 Kamlesh Ghag Successful IS System Users Business Managers IS Professionals
  25. 25. Conclusion….IS <ul><li>Plays a fundamental and ever expanding role in all BO </li></ul><ul><li>Used in all functional areas of business </li></ul><ul><li>Also plays a vital role in every industries </li></ul><ul><li>Have a major impact on corporate strategy and Organizational success </li></ul><ul><li>Provides a role of better safety and service, efficiency and effectiveness with low expenses and improved decision making in the businesses </li></ul>09/02/09 Kamlesh Ghag