Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Bis Data Information

484 views

Published on

Published in: Technology
  • Be the first to comment

  • Be the first to like this

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
  16. 16. 09/02/09 Kamlesh Ghag TIME and ENERGY OPERATION SKILLS & KNOWLEDGE VALUE ADDITION
  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

×