Descriptions of information systems software technologies and their industries
Descriptions of information systems software technologies and their industries
8 Technology Migration of Information System Software terms
This will showcase matched descriptions of the Information Systems software technologies with their industries.
- Banking & Finance Information Systems
- Supports the automation of business transactions, integration of commercial management processes such as accounting, budgeting, account balances, account transfers, loan payments and interest, withdrawals and deposits. This information system is necessary to provide managers with information to make informed business projections on the day to day running’s of the company. Data is collected and interpreted on a daily basis so that managers can analyze trends on customers’ accounts. This is necessary so that managers can advise customers on the status on their accounts and make informed decisions for the customer. The support services also enable managers to craft inventive financial products and services, capitalize on market niches and improve customer service overall.
- Business Information Systems
- Encompasses real time and transaction processing systems to assist with marketing, advertising, finance, logistics, human resource, sales, accounting, payroll and taxation services. This information system consists the primary components to include hardware architecture, application software, data, design, development, documentation and storage, retrieval and backup services for all transactions. Typical examples would be (e-commerce) purchasing some products online or purchasing an online air ticket for a flight.
- Construction Information Systems
- Enables project managers and foremen to collect data on site workers, equipment and handling, transporting, tools, vehicles and site materials. The information is essential for the costing, planning, scheduling and forecasting on site engineering projects. Managers are also able to analyze accumulated data to determine trends and make informed strategic decisions on the outcome of the project. The use of this software enables managers to view comparative data on estimated and actual project costings.
- Manufacturing Information System
- Are fundamental to the modern facility since the computer software platforms are used to document and trail the transposition and processing of raw materials to finished goods or products or services. Typical supportive functions include inventory management, purchasing & stock control, quality management, quality control and assurance, capacity planning, production scheduling, production packaging and production design.
- Medical Information System
- Considered to be expert systems with the inclusion of robotics in surgical procedures. Their platforms collect, store, diagnose, analyse and share data that is processed to reflect a patient’s health history. Intended for time sharing, real time and readily available system so that files are willingly available once requested. Typical functions of the IS includes management of health centers, health services, treatment facilities, administrative data (scheduling of appointments).
- Restaurant Information System
- Supplies managers with concurrent information on food item quantities, total sales per purchases on various types of menus and the overall sales per day. The benefit of such enables managers to restructure food business operations strategize and develop menus based on customer’s preferences. Aimed at providing services such as inventory, billing, staff management, online ordering services, reservations, as well as back-end prerequisites.
- Supermarket Information Systems
- These systems typically use an 'electronic point of sale' or EPOS to keep track of stock and improve inventory, assist with analysis of daily, weekly and monthly sales as well as collect data using a points systems to determine customer spending. This software encompasses a database that assists with billing, auditing, barcoding and undertaking POS events.
- Video Conferencing Systems
- Provides an online (live audio and visual call) meeting platform which facilitates discussions between two persons or among multiple individuals situated in different locations. Users are given the opportunity to exploit the conferencing services by hosting business seminars, training session, distant educational sessions and board meetings. The benefits extend to cutting back on travel cost, enabling users to share their screen during presentations, unlimited recording and enhanced collaboration.