Information System

Information System is a set of interrelated information technologies that work together to process, store, collect, and distribute information

Major parts
- Hardware
- Software
- Databases
- Networks

The Value Of Information :
    - Accuracy
    - Timeliness
    - Accessibility
    - Engagement
    - Application
    - Rarity

Data versus Information
- Data – raw facts
    Intel stock price – $32.375
    Temperature – 75° F.
- Information – facts within a given context
    - Intel stock price after the 2-1 stock split yesterday settled at $32.375/share
      now you know the number of shares and their value
    - The temperature at midnight in Times Square, NYC was 75° F –
      NYC winter heat wave still continues