Cloud storage uses network-based servers to store and retrieve data over the internet
Storage is a phase in the IPO Cycle that allows you to store information permanently
A printer is a hardware device used to display documents and images from a computer in hard copy format
A disk drive is a device used to read and write data to computer disks
A monitor is hardware that displays visual output from the computer
Magnetic storage devices use a magnetization process to write, rewrite, and access data
Peripherals are auxiliary hardware devices used to transfer information into and out of a computer
RAM is temporary memory used by the computer to store data actively being worked on
The motherboard is a system unit component that directs data between the CPU, memory, and other peripherals
HDD is a storage device that uses spinning disks to store data magnetically
A mouse is a pointing device used to navigate on-screen elements
Systems Software is an essential piece of software that controls and manages the computer's hardware and software resources
Peopleware includes users, system analysts, and programmers
Inkjet printers make use of cartridges of ink for printing
Flash is a type of non-volatile storage medium that can retain data faster than those that store data magnetically
Legacy Systems are outdated computing systems, hardware, or software that are still in use
Information Systems are a set of interrelated components that help analyze problems for decision making
Networks are groups of two or more computer systems linked together by communication channels
Outsourcing is to contract work or services from another company outside the workplace
Systems Analysis and Design is a step-by-step process for developing high-quality information systems
Top-level management deals with long-term goals and decisions
Transaction Processing is a type of information system that usually deals with daily or routine transactions
Industrial Revolutions refer to the development period in the latter half of the 18th century when there was a change from one economy to another
Division of Labor refers to the degree to which various tasks involved in producing a good or service are divided among workers
Pre-market / Hobbyist phase of the industry life cycle is where the product is produced more as a hobby or luxury than for commercial purposes
Advanced Industrial Robotics involve machines designed to perform industrial tasks automatically, with high programmability and the capacity to interact with their environment
Productivity indicates the efficiency of a person, machine, factory, system, etc., in converting inputs into valuable outputs
Servitization is the gradual replacement of traditional manufacturing by a type of economic activity closer to the traditional concept of services
Industrial Internet of Things uses connected sensors throughout production to feed live data to central computers
Price Index is the measure of the average level of prices for some set of goods and services relative to the prices of a specified base period
The Mature phase of the industry life cycle is characterized by a decline in demand and fewer technological opportunities
Electric vehicles rely on externally generated electricity rather than fuel for propulsion
Procedures describe the policies to be followed using, operating an information system
Stakeholders are those people who have an interest in an information system
Hardware is the tangible aspect of a computer system
Definition of Industrial Revolution:
A period of significant technological changes that alter how production is carried out in society
Innovations associated with the Second Industrial Revolution include railroads
One main characteristic of a General Purpose Technology (GPT) is that it has the potential to be used in a wide variety of products and processes
The phase of the industry life cycle characterized by rapid growth due to the emergence of a standardized product is the Growth phase
The main impact of game-changing technologies on work and employment is decreased labor efficiency