Professional Documents
Culture Documents
Information ManagementBA 7205 Unit 1
Information ManagementBA 7205 Unit 1
INTRODUCTION
INTRODUCTION
Business intelligence key role in operations &
strategy
useful information.
CONTD
Six closely related activities:
1. Identification of information needs
2. Acquisition & creation of information
3. Analysis & interpretation
4. Organization & storage
5. Information access & dissemination
6. Information use
BENEFITS OF IM
Reduce costs
Reduce uncertainty
Add value
Create value
DATA
Stream of raw facts such as values or measurements
Can be numbers, words, measurements, observations or
just a description
Examples:
57,63,45,77,84
Chocolate, vanilla, strawberry, mango
25-08-1992, 23-07-1994, 10-12-1990
Consist of alpha numeric as well as images & sounds
Datum singular, Data - plural
TYPES OF DATA
INFORMATION
Processed data that gives meaning is information
Data that is categorized, counted and thus gives
TYPES OF INFORMATION
INTELLIGENCE
The ability to solve problems and to adapt & learn
KNOWLEDGE
Facts, feelings or experiences known by a person
Knowledge is knowing what works & how it works
Information with beliefs, experience and internalized
INFORMATION
TECHNOLOGY (IT)
INTRODUCTION
IT is the application of computers and
COMPONENTS OF IT
1. Hardware
2. Software
3. Data
4. Network
5. People
ADVANTAGES OF IT
1. Globalization
2. Communication
3. Cost effectiveness
4. Bridging cultural gap
5. 24X7 operation
6. Creation of new jobs
DISADVANTAGES OF IT
1. Unemployment
2. Privacy & safety issues
3. Lack of job security
4. Dominant culture
APPLICATIONS OF IT
1. Education
2. Business & industry
3. Entertainment
4. Medicine
CHALLENGES OF IT
1. Challenge of globalization
2. Challenge of insularity
3. Challenge to privacy
4. Challenge of ethics
INFORMATION
SYSTEMS (IS)
INTRODUCTION
IS - set of people, procedures & resources that
Two categories:
1. Manual Information Systems
2. Computer Based Information System (CBIS)
EVOLUTION OF IS
reso
s
ource
re res
Dat
a
a
Hardw
urce
s
COMPONENTS OF IS/CBIS
TYPES OF IS
ROLE OF IS IN BUSINESS
TODAY
1. Operational excellence
2. New products, services & business models
3. Customer/supplier intimacy
4. Improved decision making
5. Competitive advantage
6. Day to day survival
IS ACTIVITIES/FUNCTIONS
1. Input of data resources
2. Processing of data into information
3. Output of information
4. Storage
5. Control of system performance
CAPABILITIES OF IS
1. Provide fast & accurate transaction processing
2. Provide large capacity, fast access storage
3. Provide fast communications
4. Reduce information overload
5. Span boundaries
6. Provide support for decision making
7. Provide a competitive edge
SYSTEM
DEVELOPMENT
METHODOLOGY
INTRODUCTION
The How of systems engineering
Includes methods, tools, procedures, processes,
OBJECTIVES
Shows how the system works
Examines the components that work to produce a
TYPES OF SDM
1. System Development Lifecycle (SDLC)
2. Waterfall model
3. Prototyping model
4. Spiral model
5. Rapid Application Development (RAD)
1.SDLC
Advantages
Disadvantages
Control
Inflexible
Accountability
Time consuming
Error detection
Lack of changes
Systematic approach
Translation issues
Formal documentation
Poor documentation
2
.
W
A
T
E
R
F
A
L
L
M
O
D
E
L
Advantages
Easy
Well defined i/p & o/p at
each phase
Helps PM in project
planning
Provides a template
Disadvantages
Sequential
Lacks overlap &
interaction
Uncertainty
3.
Prototyping
Model
Advantages
Disadvantages
Clarity
High cost
Provides judgement to
developer
Risk identification
Takes less time
during changes
4. Spiral
Model
Advantages
Disadvantages
Costly
Visible prototype to
Risk dependent
users
For high risk projects
Flexible
budget
5. RAD MODEL
Advantages
Disadvantages
Requires live-ware
support
Lack of balance
technical risks
KNOWLEDGE MANAGEMENT
SYSTEMS (KMS)
Process of identifying, collecting, preserving &
COMPONENTS OF KMS
1. Business process management
2. Content management
3. Web content management
4. Knowledge applications management
TYPES
1. Enterprise wide system
2. Knowledge work system eg: CAD, 3D visualization,
etc.
3. Intelligent techniques eg: Data Mining, Fuzzy logic,
etc.
Advantages
Disadvantages
Investment decision
Information sharing
Elimination of
redundancy of work
Self - learning
non justifiable
Encouraging employees
to share knowledge
Aligning KMS with
current practices
Potential for over
reliance
Not static
Over ambitious
project
GEOGRAPHIC INFORMATION
SYSTEMS (GIS)
GIS
Special category of DSS that uses data visualization
work, etc.
deptartments
INTERNATIONAL
INFORMATION SYSTEM