The Information System (IS) is an integration of business processes,software, hardware and infrastructure.
It is the key factor for enterprisedevelopment.Today, gadgets that we can hold in one hand are more capablethan the PCs used. There has been a huge advancement of Information System workin the course of recent decades.The use of Internet piling up all over the world with thelatest digital device available in the current market.
The communication becamefaster than the recent time. The evolution of information systems drasticallychanged from Data Processing aka ElectronicData Processing (1960’s) era to E-Business(present) era and improved interaction between customers and the organizations.Evolutions in Information System (IS):The improvement in the effectives of the business has grownover the time. Previously the Information Systems (IS) were performed manual systemsto collect the data, store them to Database for day-day transactions of an organization.Here IS was used as EDP (Electronic DataProcessing) uses computers to classify and monitor the data to automate theprocess. Later the concept of ManagementInformation Systems (MIS) came into picture.
These help managers in theorganization give reliable information they needed for making decision. UsuallyMIS gives 3 types of information:1) Detailedinformation reports with all the activities involved in the transactions.2) Summary Information: the data in readable format which is easy to review quickly3) ExceptionInformation Report: the details of the exceptions are explained by filteringthe data. These reports were not sufficient to take decisions by the management.This new role of Decision SupportSystems (DSS) in Information Systems helps managers and other business ownersto take decision which they needed. DSS uses internal and external data fromorganization Database Examples like risk analyzing, product sales, price and profitability.Then later in 1980’s Microcomputerscame into existence microcomputer processors developed by Intel’s Pentium microprocessor. Employees and end users can usetheir own resources to support job requirements.
This saves their time Ratherthan sitting tight for backhanded help. ExecutiveInformation System (EIS) hasmade easy access and information needed for the top executives provided fromDSS and MIS.ERP systems were revolutionized Enterprise resource planning which is integration of many systemsinto one single large system. As organizations introduce complex data andcorrespondence innovations with the possibility to connect everyone inside thefirm to a normal wellspring of authoritative information and a completely circulatedsystem of connections, the unbending dividers around authoritative layers also,capacities start to vanish. Many organizations have received Information System (IS) to help in running steady business activities.Form MIS to E-Businessthere is major change in the internet and the applications developed using the technologies.The internet and web based applications which are enterprise applicationsbecoming commonplace in today’s operations in business sectors.
Apparently today’sbusiness transactions are doing better than faster than doing before years. Thetransactions are processed and generating reports with high security andsupport enabled by the organizations. This became the competitive advantage fordifferent organizations. Trends in Information System (IS):3major trends have been observed so far in the recent times about the Information Systems1) Functional Trends: Information systems advanced withthe time frame into efficient systems. Their growth and development has notonly impacted the performance of business activities but also gained competitiveadvantage. Some of the major functional changes to the Information Systems are like reduce in license cost, implementationcost with this customers have interacted with organizations.2) Technical Trends: from technical line advanced of theInformation systems and new technologies integrated for company management likeCustomer relation Management (CRM) andBusiness Intelligence (BI).
Open software and mobile applications that areinvolved in the M-commerce which is nothing but mobile-Commerce. This is one of the significant developments to allorganizations that accept Information Systems.3) Future Trends: some of the functionalities that the ERP canbe integrated with other systems are SupplyChain Management (SCM), CustomerRelationship Management (CRM) etc. data warehousing and Product Life Cycle Management may include in future. All thesesystems integrated to explode maximum growth.Conclusion: constant evolution of Information Systems andcompany management has been observed from 1960’sto present.
The businesses and the individuals need to be aware in thesecoming changes and trends and prepare for them.