Database Management Software
Information, in a broad sense, is systematically structured, processed and organised data. It gives context to data and enables effective decision making about different types of data. For instance, a single customer’s sale at a restaurant is statistical data, which becomes information once the company is able to identify which dish is the most popular. This type of information can be used to improve the way a company organises its day to day operations by identifying which employees are best placed to drive sales and which are the best communicators. It can also be used as an opportunity to re-evaluate the way you do things and build systems that help your business to process more information and make better decisions.
However, this sort of quantitative information is only useful if it can be understood, analysed and used effectively. How can information about millions of customers be effectively used if only a handful of them can understand it? Database management software is one way of ensuring information is well understood. Database management software is a system that stores, controls and allows access to the information that users need in order to perform certain tasks. A good database management software system is designed with the end user in mind and built to scale so that large amounts of information can be accessed quickly and efficiently. For instance, a good database management software system can manage customer contact lists, sales information, and product information with ease.
There are two major components of information systems; hardware and information technology. The hardware part of an information system is the physical components such as a personal computer, a printer, scanners, a web server and network etc. While information technology refers to the software or the utilisation of information technology. The two complement each other and work hand in hand to support day to day business operations.