This document defines key concepts related to information processing systems. It discusses how data is collected and organized to become useful information. An information processing system accepts and stores data, processes it into information, and outputs it. The three main components are hardware, software, and peopleware. Hardware includes the tangible computer parts like the CPU, memory, and input/output devices. Software includes operating systems and applications. Peopleware refers to the users. The document also defines units of data measurement and types of computer hardware, software, files, and storage devices.