1/57
Looks like no tags are added yet.
Name | Mastery | Learn | Test | Matching | Spaced |
---|
No study sessions yet.
Information Management
It refers to a systematic handling of information to ensure accuracy, security, and accessibility. Involves people, processes, and technology.
People
A component of IM:
Users, managers, IT Staff.
Processes
A component of IM:
Data collection, storage, sharing.
Technology
Databases, cloud platforms, software.
Information Systems
It integrates people, processes, and technology to manage data.
Transaction Processing Systems (TPS)
A type of IS that handles daily transactions. (e.g., sales and purchases).
Management Information Systems (MIS)
A type of IS that provides summary reports for managers.
Decision Support Systems (DSS)
A type of IS that support complex decision-making (e.g.,
market trends, financial forecasts).
Enterprise Resource Planning (ERP) Systems
A type of IS that integrates organizational functions. (e.g., finance, human resources, and procurement)
Knowledge Management Systems (KMS)
A type of IS that manages organizational knowledge.
Strategic Planning for Information Systems
Which of IM Startegies align with IM with organizational goals.
Information Governance
Ensure quality and compliance.
Data Quality Management
Maintain accuracy and reliability.
Cloud Computing and Information Management
Offers scalable and flexible data access.
Improved Decision-Making
Accurate and timely information helps leaders make better choices.
Increased Productivity
− Organized data reduces duplication and saves time.
Cost Savings
− Efficient systems minimize waste and optimize
resource use.
Competitive Advantage
− Enables faster responses to market changes and innovation.
Big Data and Analytics
• Use of massive, complex datasets to uncover patterns, trends, and insights.
• Supports predictive analytics and data-driven decision-making.
Artificial Intelligence and Machine Learning
• Automates data processing and analysis.
• Enables intelligent systems that learn and adapt over time.
Internet of Things (IoT)
• Connects physical devices to information systems.
• Enables real-time data collection and monitoring.
Cloud Computing
• Offers scalable, flexible, and cost-effective data
storage and access.
• Supports remote collaboration and real-time data
sharing
Information Security
Protects against breaches.
Ethics in Information Management
Ensures
responsible data use.
Legal Compliance
- Adhering to laws like the General Data Protection Regulation and the Data Privacy Act.
Information Lifecycle Management (ILM)
Refers to the process of managing information, ensuring that data is handled properly at every stage to support business needs, compliance, and security.
Data Creation
Data Storage
Data Retreival
Data Usage
Data Retirement
The ILM has five stages.
Data Creation
- Information is generated through activities like transactions, surveys, or sensors.
Data Storage
Data is stored securely in databases, cloud systems, or other repositories.
Data Retrieval
Authorized users access data using queries, search tools, or reports.
Data Usage
Data is processed, analyzed, shared, or used for decision making.
Data Retirement
Outdated or unnecessary data is archived or deleted, often following legal retention policies
Data
Is a collection of raw facts, figures, or symbols that represent information but have not yet been processed or interpreted.
Raw
Objective
Quantivative or Qualitative
Characteristics of Data
Raw
Data is unprocessed and lacks context.
Objective
Data represents facts, not opinions
Quantitative or Qualitative
Data can be numbers or descriptions
Quantitative
Numerical type of
Qualitative
Descriptive or Categorical type of data
Structured
Organized in tables or databases
Unstructured
No predefined format
Information
Refers to data that is processed and given context.
Database
An organized collection of data that is stored and accessed electronically, allowing users and applications to efficiently store, retrieve, update, and manage data.
Structured Storage
- Data in a database is stored in tables with rows and columns.
Efficient Access
Using a database enables fast searching and querying.
Data Integrity
Using a database ensures accuracy and consistency.
Security
Using a database controls access to sensitive data.
Scalability
Databases can grow with increasing data needs.
Relational
Types of Database that Makes use of tables with relationships between them
NoSQL
Types of Database that Handles unstructured or semi-structured data
Cloud
Type of DB Hosted on cloud platforms
Distributed
type of db: Data is spread across multiple locations
Object-oriented
Data is stored as objects
Database System
A complete system that includes everything needed to manage and use a database effectively.
Database
- the collection of organized data within the system.
Database Management System (DBMS) -
software that manages the database.
users
are people or applications that access and manipulate the data.
Database Applications
are programs or interfaces that allow users to interact with the DBMS.