Computers are machines that basically process numbers and data in terms of programmed software and provide us with the required result. What is astounding is the amount of data they may absorb, then process and provide precise outputs within a limited time frame, a feat much above and beyond the human mind. It tends to solve innumerable problems of data creation, storage, processing, calculations and inferences, without which no business seems possible nowadays.
All the futuristic managers, swear by their choice of processors and customized technologies as a part of their decision making strategies. Computers have now been providing overwhelming structural and operational support to businesses, beyond their traditional usage of number crunching. Computers are basically information storage, processing and inference providing systems that can aid managers and company heads with required information for decision-making.
The basic reasons of employing these systems in decision-making are their ability to smoothen out issues related to:
- Understanding of current market trends and customer mindset’s and then developing the marketing strategy for the coming times.
- Understanding the employee status, trends and expectations for bringing in the loyalty and stability aspects.
- Helps in overall reducing costs by ease of sharing of resources, documents, files, etc. as well as helping managers to keep track of various projects at hand.
- Helps to increase transparency and accountability within teams for better employee credit and satisfaction.
- In terms of bigger organizations, these systems help to create a more practical and customer-oriented support cell.
They basically help decision-makers to understand and react as per work and behavioral indices for employees within their company and for customers outside the business premises. They are basically able to monitor, manage and analyze business data and business performance.
UNDERSTANDING THE CONCEPT BEHIND THE EDP’s
EDP or electronic data-processing is the technical term or concept on which the modern day information systems are built. A computer system, with its unlimited storage scope can bring in tons and tons of data. But, all this data cannot be looked into by time-bound managers and decision takers. For proper usage, this data needs to be properly sought into and sieved, to form information. This is where the Data Processing perspective steps in. With a futuristic module and programming backbone, the generation next EDP systems answers all the decision –related queries of the decision makers.
With the advent of the Artificial Intelligence concepts, these systems are becoming smarter-by-the-day. They are now able to map the preferences and choices of intended customers and help provide them as strategic data to formulate future visions and foresight of the company. But, the managers also are required on the other hand to aptly utilize the tools at their disposal. Since, they are not the ones who develop their information systems, they are seldom able to utilize the complete usability of the information systems at their hand.
These information systems can customize outputs as per:
RETRIEVAL ONLY AS PER THE INPUT: It is a computer system that helps log in the work done by various employees separately. It gives output required in similar terms for better transparency and accountability in the system. For example: a labor centric farm that requires logging in of work hours.
RETRIEVAL AND ANALYSIS: Some information systems are required to analyze the given inputs and provide outputs. For example, in survey-supporting information systems, the computer should be able to analyze the inputs provided by the various survey-seekers and provide the requisite output in a graphical or tabular for easy understanding. This could be utilized by the managers to formulate company policies of the future.
USING DATABASE AND THEIR ANALYSIS: Any large corporate employs various separate sections that work on their ends to help in its overall growth. Thus, each department tends to create a separate database of their findings and observations, which may or may not coincide with one another. Decision makers tend to use many of these databases for analysis and take informed decisions at the top. For Example: a survey database may be combined with the mailer-responses to analyze market trends.
BUDGETING SYSTEMS: Businesses run with money, on money to garner more money. Thus, it is important that the pocket strings of companies be strategically controlled, especially so for large enterprises with global outreach. Information systems can create separate budget lines for separate departments in separate branches, with an overall outlook provided to the top brass. Such, a number-centric system-requirement is liable for mistakes, when done through humans. Information systems tend to do this perfectly well.
MARKETING DECISION SYSTEM: Computers make smarter information systems who help to store, manage and analyze complete user-data. They are complete departments in themselves and are vital for smooth running of businesses.
Computer systems support all these kinds of business intrinsic details as well as inferences taken out from them. Thus, different businesses require different systems. Even a single business may require different systems as per usage and network requirements.
In case of any other computer system query, you could call our talented pool of experts who are available 24/7 to keep you worry-free regarding the use of these products.