Full Answer
What are the major components of electronic data processing?
- Data Collection: This is the first step which will provide the data for the input. ...
- Preparation/ Sieving: Some people consider this as a part of processing but does not involve any processing. ...
- Input: This is the feeding of raw and sieved data for processing. ...
What are the early development in electronic data processing?
Timeline
- 1947, Bell Labs invents the transistor
- 1948, IBM delivers vacuum-tube 604 Electronic Calculating Punch
- 1949, IBM delivers 604-based Card-Programmed Electronic Calculator (CPC)
- 1951, Remington Rand delivers vacuum-tube UNIVAC computer
- 1952, Bell labs introduces the alloy-junction transistor
What does electronic data processing mean?
Electronic data processing, also known as EDP, is a frequently used term for automatic information processing. It uses the computers to manipulate, record, classification and to summarize data. If someone asks what is electronic data processing, then EPD meaning can be described as the processing of data using electronic means such as computers ...
What are the disadvantages of electronic database?
The advantages of using a database are that it improves efficiency, facilitates organization and eliminates useless information, while disadvantages are compatibility problems with computers and significant software and startup costs.
What is electronic data processing explain with example?
If someone asks what is electronic data processing, then EPD meaning can be described as the processing of data using electronic means such as computers, calculators, servers and other similar electronic equipment. A computer is the best example of an electronic data processing machine.
What is meaning of electronic data processing?
Electronic data processing (EDP) refers to the gathering of data using electronic devices, such as computers, servers or calculators. It is another term for automatic information processing. It also involves analyzing data and summarizing and recording the output in a (human) usable form.
What are the three types of electronic data processing?
Examples of processing modes are: real time processing. distributed processing. Time sharing. Batch processing.
What are the roles of an electronic data processing?
When you work in the field of electronic data processing, you may be responsible for collecting, recording, analyzing and manipulating data. If you work in management, you may oversee the software or computer systems used to input and process data for a particular company or organization.
Which of the following is an example of electronic data?
Electronic Data means information, facts or programs stored as or on, created or used on, or transmitted to or from computer software, including systems and applications software, hard or floppy disks, CD-ROMS, tapes, drives, cells, data processing devices or any other media which are used with electronically ...
What are the types of data processing?
Types of Data ProcessingCommercial Data Processing. ... Scientific Data Processing. ... Batch Processing. ... Online Processing. ... Real-Time Processing. ... Distributed data processing. ... Multi-Processing. ... Time-Sharing Processing.
What are the 5 parts of data processing?
Stages of Data ProcessingCollection. Collection of data refers to gathering of data. ... Preparation. Preparation is a process of constructing a dataset of data from different sources for future use in processing step of cycle.Input. Input refers to supply of data for processing. ... Processing. ... Output and Interpretation. ... Storage.
What are the types of electronic data?
Types of EDIDirect EDI/Point-to-Point. Brought to prominence by Walmart, direct EDI, sometimes called point-to-point EDI, establishes a single connection between two business partners. ... EDI via VAN or EDI Network Services Provider. ... EDI via AS2. ... EDI via FTP/VPN, SFTP, FTPS. ... Web EDI. ... Mobile EDI. ... EDI Outsourcing. ... EDI Software.
What are the 4 types of processing?
Data processing modes or computing modes are classifications of different types of computer processing.Interactive computing or Interactive processing, historically introduced as Time-sharing.Transaction processing.Batch processing.Real-time processing.
What are the benefits of EDI?
Benefits of EDILower operating costs.Improve business cycle speeds.Reduce human error and improve record accuracy.Increase business efficiency.Enhance transaction security.Paperless and environmentally friendly.Perceived high upfront costs.Initial setup is time consuming.More items...•
What are the characteristics of an EDP environment?
Answer: Characteristics of an EDP organisational structure include: Concentration of functions and knowledge—although most systems employing EDP methods will include certain manual , operations, generally the number of persons involved in the processing of financial information is significantly reduced.
What are the advantages of electronic data?
the advantages of electronic data processing include speed, efficiency, reduced labor, accuracy and reduced costs.
What does EDP stand for?
abbreviation for electronic data processing: the use of computers to record and process data: EDP is enabling businesses to gain access to customers' and suppliers' stock control systems.
What are the 5 stages of data processing cycle?
Stages of Data ProcessingCollection. Collection of data refers to gathering of data. ... Preparation. Preparation is a process of constructing a dataset of data from different sources for future use in processing step of cycle.Input. Input refers to supply of data for processing. ... Processing. ... Output and Interpretation. ... Storage.
What is EDP banking?
Electronic data processing (EDP) can refer to the use of automated methods to process commercial data.
What are the examples of manual data processing?
Manual data processingIn manual data processing, most tasks are done manually with a pen and a paper. For example in a busy office, incoming tasks (input) are stacked in the “tray” (output). ... The processed information from the out tray is then distributed to the people who need it or stored in a file cabinet.
Why is electronic data processing important?
The management of document is costly. So, electronic data processing reduces the cost of the paperwork. The electronic data processing provides the documentation controls. With the help of electronic data processing, you can easily automate the PDF publishing process.
How does electronic data processing improve efficiency?
Electronic data processing can be used to improve productivity, efficiency, and profitability by increasing the usefulness of information .
What are the disadvantages of electronic data processing?
Disadvantages of Electronic Data Processing 1 Electronic form of data is susceptible to hacking attempts. Increased cases of cyber crimes makes it important and essential to think about data security and access control. If the various devices of an information system are connected in a network, then any flaw or loophole in single part of the system might affect the whole network. 2 You might be required to keep data in encrypted form. This is particularly important when dealing with sensitive data and storing it in data centres since the data is transmitted over a network.
What is multitasking in computer?
Multitasking: It is an essential feature of data processing. Working with different processors at the same time is called multitasking. In this process, the various tasks share the same processing resource. The operating systems in the multitasking process are time-sharing systems.
Why is EDP important?
This is particularly important when dealing with sensitive data and storing it in data centres since the data is transmitted over a network. Examples of EDP: It is used in a telecom company to format bills and to calculate the usage-based charges. In schools, they use EDP to maintain student records.
What is EPD system?
These methods are widely adopted in almost every industry. EPD systems are widely used to meet various needs of companies which are engaged in data analysis.
What is EDP in computer?
What is Electronic Data Processing (EDP) This is a modern technique to process data. The data is processed through a computer; Data and set of instructions are given to the computer as input, and the computer automatically processes the data according to the given set of instructions. The computer is also known as Electronic Data Processing Machine.
What is data processing equipment?
Equipment: data processing systems to include, but not limited to personal computers and workstations, laptops, palmtops, notebook PCs, iPads, tablets, and other portable computer devices; electronic systems consisting of separately identifiable and removable component memory or control boxes that are attached to and control production machinery, but no the production machinery itself; and equipment, component parts and related peripheral equipment, including air conditioning and fire protective equipment, used solely for data processing equipment to include by not limited to printers, keyboards, monitors, projectors and modems.
What is electronic data?
Electronic Data: software, data or other information that is in electronic form. Acts or Decisions: loss or damage caused by or resulting from acts or decisions, including the failure to act or decide, of any person, group, organization or government body.
What is a system computer?
System: a computer and all input, output, processing, storage, off-line media library, and communication facilities which are connected to such computer, provided such computer and facilities are owned by UCF or leased by UCF. Electronic Data: software, data or other information that is in electronic form.
What is electronic data recovery cost?
Electronic Data Recovery Costs: costs as a result of direct physical loss or damage to Electronic Data or a System caused by or resulting from Malicious Programming; those costs are to copy, re-create, replace or retrieve Electronic Data and restore systems to the functionality that existed prior to Malicious Programming.
What is scientific equipment?
Scientific Equipment: used for scientific and medical research; or used for medical diagnosis.
What is debris removal?
Debris Removal: costs to remove debris of damaged EDPE or EDPSE caused by or resulting from a peril not otherwise excluded.
What Is Data Processing?
Data in its raw form is not useful to any organization. Data processing is the method of collecting raw data and translating it into usable information. It is usually performed in a step-by-step process by a team of data scientists and data engineers in an organization. The raw data is collected, filtered, sorted, processed, analyzed, stored, and then presented in a readable format.
Why is data processing important?
Data processing is crucial for organizations to create better business strategies and increase their competitive edge. By converting the data into a readable format like graphs, charts, and documents, employees throughout the organization can understand and use the data.
What is raw data?
The collection of raw data is the first step of the data processing cycle. The type of raw data collected has a huge impact on the output produced. Hence, raw data should be gathered from defined and accurate sources so that the subsequent findings are valid and usable. Raw data can include monetary figures, website cookies, profit/loss statements of a company, user behavior, etc.
What is data preparation?
Data preparation or data cleaning is the process of sorting and filtering the raw data to remove unnecessary and inaccurate data. Raw data is checked for errors, duplication, miscalculations or missing data, and transformed into a suitable form for further analysis and processing. This is done to ensure that only the highest quality data is fed into the processing unit.
What is the last step of the data processing cycle?
The last step of the data processing cycle is storage , where data and metadata is stored for further use. This allows for quick access and retrieval of information whenever needed, and also allows it to be used as input in the next data processing cycle directly.
How much data is created every second?
The use of social media, online shopping and video streaming services have all added to the increase in the amount of data. A study by Domo estimates that 1.7MB data is created every second for every human being on the planet in 2020. And in order to utilize and get insights from such a huge amount of data - data processing comes into play.
When is data automatically fed into the CPU?
Data is automatically fed into the CPU as soon as it becomes available. Used for continuous processing of data.
What is data processing?
Data processing is the initial step towards data analytics, which means that for data analytics to be of any use, it requires data processing systems. A good way to understand the relationship between data analytics and data processing is through cooking.
How does data processing work?
A data processing system works in a straightforward way as it transfers and transforms raw data into usable information.
Why is data processing important in software?
Moreover, because data never comes clean for analysis, data processing is crucial to data analytics. While data processing is more concerned with cleaning the data, data analytics is responsible for analyzing and looking for solutions within that data.
What is a good data processing system?
A good data processing system can compile information about current market trends, future market trends, financial reliance of the acquiring company as well as other companies in that market, and finally, can check the growth of that market.
What is the role of data analytics in mergers?
Data analytics plays a crucial role in the decision-making and survival of the new entity. But to better understand data analytics and the role that it plays in a merger, you will first have to understand data processing systems.
What is technology driven data analysis?
Technology-driven data analysis is the future of m&a virtual data room and is completely changing the way companies now make deals. Companies can now make much better deals at a faster pace, without making risky decisions. Moreover, if done right, these analytics can show potential customers in the market. The buying company is truly at a significant advantage with data processing systems, as they can make crucial decisions in a matter of months.
What is raw data?
Simply put, raw data goes into a data processing system, and it generates a form of output. Now, this output can be either more data that goes into other programs and software or useful information for users to see. Depending on the following task, it may give out generated information on a monitor, printer, or save it in a disk drive.
When did electronic data processing start?
The term electronic data processing dates back to the 1960s when automation began to replace manual data processing tasks. In modern times, the term tends to be associated with large scale automation of administrative tasks.
What is data used for?
Using data to calculate things such as revenue, costs and customer charges. For example, a telecom company may use call data to calculate usage-based charges and to format bills that are delivered by digital channels such as web.
What is electronic tag?
A supermarket uses electronic tags to track all inventory and automate tasks such as reordering. The term electronic data processing dates back to the 1960s when automation began to replace manual data processing tasks. In modern times, the term tends to be associated with large scale automation of administrative tasks.
What Is Electronic Data Processing
Methods of Electronic Data Processing
- There are various methods of data processingbut there are some very popular methods when it comes to “electronic data processing”. These methods are widely adopted in almost every industry. Depending on the nature of requirement of data processing, some of the most popular methods of electronic data processing are explained below: 1. Time-sharing 2. Real-time proces…
Elements of Electronic Data Processing
- Hardware, Software, procedure, personnel is the basic elements of electronic data processing. In the hardware section, scanners, barcode scanners, cash registers, personal computers, medical device, servers, video and audio equipment are the elements of electronic data processing. In the software section, accounting software, data entry, scheduling software, analytics, and software …
Stages of Electronic Data Processing
- A collection is the first stage of electronic data processing. It is a very crucial part. In an EDP system, this process ensures that accurate data gathering. Census, sample survey, and administrative by-product are some types of data collection. Preparation is the second stage of electronic data processing. Preparation is used to analyze the data processing. Input is the third …
Advantages of Electronic Data Processing
- The system of electronic data processing is once created then the cost of the managing data will be reduced. Documents can be protected as an extreme data sensitive. Because of the documents should...
- The management of document is costly. So, electronic data processing reduces the cost of the paperwork. The electronic data processing provides the documentation controls. With the he…
- The system of electronic data processing is once created then the cost of the managing data will be reduced. Documents can be protected as an extreme data sensitive. Because of the documents should...
- The management of document is costly. So, electronic data processing reduces the cost of the paperwork. The electronic data processing provides the documentation controls. With the help of electron...
- In electronic data processing, there is a facility to search a document in the system. It will reduce the time loss. The electronic data processing has the benefit to improve the internal and exter...
- The famous software product such as Ms. Office is using the electronic data processing con…
Disadvantages of Electronic Data Processing
- When the computer hackers make the strike on the computer, then the processing of data will make the insecurity. Then the data will be the loss. The fault in a equipment will harm all the equipment...
- When a small number of digit codes are compared with a large number code then, it occupies the computer storage less. The alphabetic codes can be descriptive.