Information planning system at the beginning of 1970’s

Information system:

An information system is a set of computerized components
that are used to collect, create and store data, it constitutes of five major
components which includes hardware components, software components, data,
system users and the procedures of changing the data into information


Information systems are costly to install and maintain. but
proven to be contributors for growth in companies that have used them to
perform their activities. Tasks that companies have incorporated the Information
systems are marketing, supply chain management, customer relationship
management, inventory management, payroll management, human resource management
and many other operations.


Historical evolution:

The first application of information systems in companies were
made on 1960’s in the accountant management, then there was the
necessity of manage the administration area using information systems then
there came the first Material Requirements planning system

at the beginning of 1970’s which mainly focused
exclusively on the materials management

then there came second revision i.e. MRP 2 in 1980’s which
was into integration of other management areas which led to creation of concept
called Enterprise Resources Planning which are into 2 versions again where
version 1 emerges from MRP 2 then version 2 was into e business and the
collaborative environments



Current trends:

Information systems have advanced into really efficient
systems, Information systems were improved into artificial intelligence
computer systems that can be used to forecast business performance, some of the
functional advances are customer relationship management, human resource
relationship management, business intelligence and electronic commerce.


Business intelligence has been incorporated into the systems
which includes a functionality where the system can do mathematical operations
and present analyzed data in graphs or pie charts. The rapid growth in
information system development and programming languages will aid in the future
trends. Some functional requirements that may be introduced in the near future
may include product lifecycle management, data warehousing, knowledge
management systems and balanced scorecard.



Technical trends that are most likely to be Happened are
open software and mobile applications that will be used in m-commerce.

Wearable’s are also planned to be integrated with information systems