What is an EIS?
An EIS is an information system that accesses, reports, and helps users interpret problem-pertinent information . Learn more in: The Evaluation of Decision-Making Support Systems' Functionality 3. A computer-based information delivery and communication system designed to support the needs of senior managers and executive s.
What is the difference between EIS and computer-based system?
Computer-based system designed to support the information al needs of senior management. Learn more in: An Overview of Executive Information Systems 2. An EIS is an information system that accesses, reports, and helps users interpret problem-pertinent information . Learn more in: The Evaluation of Decision-Making Support Systems' Functionality
What is the difference between an EIS and a legacy system?
An EIS differentiates itself from legacy systems in that it is self-transactional, self-helping and adaptable to general and specialist conditions. Unlike an enterprise information system, legacy systems are limited to department-wide communications.
How can EIS help finance executives?
An EIS integrates planning or budgeting with control of performance reporting, and it can be extremely helpful to finance executives. EIS focuses on financial performance accountability, and recognizes the importance of cost standards and flexible budgeting in developing the quality of information provided for all executive levels.
What is EIS in computer science?
An executive information system (EIS) provides key information, gathered from. both internal and external sources, to senior executives and managers. It accom plishes the multiple purposes of supporting decision making, communicating information, and providing awareness.
What is EIS explain with example?
An executive information system (EIS), also known as an executive support system (ESS), is a type of management support system that facilitates and supports senior executive information and decision-making needs. It provides easy access to internal and external information relevant to organizational goals.
What is the importance of EIS?
An EIS helps to illustrate how federal legislation might be enforced, how federal agencies contribute to local projects and provide oversight through protocols, and how the public might engage with federal agencies as part of these processes.
What is the difference between MIS and EIS?
The main function of MIS is related to the managing the internal operations and the documents. The DSS helps employees in making decisions even for the daily tasks. The EIS assists the senior level managers in making serious decisions that are very important and critical to make.
What is DSS and EIS?
EIS is a type of Management Support System that facilitates and supports senior executive information and decision making needs while DSS is an information system that supports business or organizational decision-making activities.
What does EIS measure?
EIS is a multifrequency AC electrochemical measurement technique. It measures the electrical resistance (impedance) of the metal/solution interface over a wide range of frequencies (from 1 mHz to 10 kHz).
What is the full form of EIS?
Electronic Image Stabilization (EIS), sometimes called Digital Image Stabilization, is an image stabilization technology in some cameras to reduce or eliminate the effects of camera shake.
What are the essential features of an EIS?
The typical EIS has four components: hardware, software, user interface and telecommunication.
What is an EIS?
An enterprise information system (EIS) is any kind of information system which improves the functions of an enterprise business processes by integration. This means typically offering high quality of service, dealing with large volumes of data and capable of supporting some large and possibly complex organization or enterprise. An EIS is capable being used by all parts and all levels of an enterprise. The word enterprise can have various connotations. Frequently the term is used only to refer to very large organizations such as multi-national companies or public sector organizations. However, the term may be used to mean virtually anything, by virtue of it having become the latest corporate-speak buzzword. Enterprise information systems provide a technological platform that enables organizations to integrate and coordinate their business processes on a robust foundation. An EIS is currently used in conjunction with customer relationship management and supply chain management systems to automate business processes. An enterprise information system provides a single system that is central to the organization that ensures information can be shared across all functional levels and management hierarchies. An EIS can be used to increase business productivity and reduce service cycles, product development cycles and marketing life cycles. It may be used to amalgamate existing applications. Other outcomes include higher operational and cost savings. Financial value is not usually a direct outcome from the implementation of an enterprise information system.
What is EIS in business?
An EIS is currently used in conjunction with customer relationship management and supply chain management systems to automate business processes. An enterprise information system provides a single system that is central to the organization that ensures information can be shared across all functional levels and management hierarchies.
What is EIS efficiency?
At the design stage the main characteristic of EIS efficiency evaluation is the probability of timely delivery of various messages such as command, service, multimedia files, etc. Enterprise systems create a standard data structure and are invaluable in eliminating the problem of information fragmentation caused by multiple information systems within an organization. An EIS differentiates itself from legacy systems in that it self-transactional, self-helping and adaptable to general and specialist conditions. Unlike an enterprise information system, legacy systems are limited to department wide communications. A typical enterprise information system would be housed in one or more data centers ,would run enterprise software and could include applications that typically cross organizational borders such as content management systems.
What is synthesis in EIS?
From systems theory, synthesis of EIS with enterprise scope has two fundamental facets: It means synthesis inside the enterprise itself. The scale of synthesis covers businesses between each department, the restrictions between each resource, and so on. All of these need some tools to cooperate and unite.
What is system thinking?
System thinking provides an important insight into the role of information systems plays in the process from data to knowledge. Information systems are not created for their own sake. They serve or support users engaged in what for them is meaningful action. When one system is thought of as serving another, it is a fundamental principle of systems thinking that should be thought carefully about, it is primary to define carefully the nature of the system served. Information System is a comprehensive concept which is far more substantial than the original phrase “data processing system”, which adequately expressed the nature of computing only in the days of transaction processing. Indeed, an “enterprise information system” is a “knowledge attribution system” in which people select certain data, get them processed and make them meaningful in enterprise context alike to support people engaged in purposeful action. Therefore, one crucial factor of successful EIS is to govern people purposed actions in EIS development and implementation.
Why is enterprise information important?
When done well, enterprise information systems make it easier for people to complete their work in a timely and accurate manner. They also enable the university to standardize and streamline its operations. By contrast, poor quality enterprise systems can actually increase workloads, lead to frustration among the people who use them, and cause costly operational disruptions.
What does "enterprise" mean?
However, the term may be used to mean virtually anything, by virtue of it having become the latest corporate-speak buzzword.
What is an EIS system?
An Executive information system ( EIS ), also known as an Executive support system ( ESS ), is a type of management support system that facilitates and supports senior executive information and decision-making needs. It provides easy access to internal and external information relevant to organizational goals.
What is EIS in business?
Typically, an EIS provides only data that supported executive level decisions, not all company data. Today, the application of EIS is not only in typical corporate hierarchies, but also at lower corporate levels.
What is EIS in management?
Unlike a traditional management information system presentation, EIS can distinguish between vital and seldom-used data, and track different key critical activities for executives, both which are helpful in evaluating if the company is meeting its corporate objectives.
Why is the user interface important in an EIS?
An EIS must be efficient to retrieve relevant data for decision makers, so the user interface is very important. Several types of interfaces can be available to the EIS structure, such as scheduled reports, questions/answers, menu driven, command language, natural language, and input/output.
How many software components are there in an EIS?
Therefore, the software components and how they integrate the data into one system are important. A typical EIS includes four software components:
What is executive information system?
Traditionally, executive information systems were mainframe computer -based programs. The purpose was to package a company's data and to provide sales performance or market research statistics for decision makers, such as, marketing directors, chief executive officer, who were not necessarily well acquainted with computers.
What is EIS in business?
1. Executive Information System (EIS) : EIS is defined as a system that helps the high-level executives to take policy decisions. This system uses high level data, analytical models and user friendly software for taking decisions. It is a structured, automated tracking system that operates continuously to keep everything managed.
What is traditional information system?
Traditional Information System : Traditional Information Systems were built around different functions, departments that do not talk to each other and thus cannot automatically exchange information. Managers might have a hard time assembling data they need to handle the operations.
Is information source external or internal?
Information sources are more external and less internal. Information sources are internal. Facility to go through details at successive levels is available. Facility to go through details at successive levels is not available. Information comes in the form of text with graphics.
Overview
Components
EIS components can typically be classified as:
• Hardware
• Software
• User interface
• Telecommunications
History
Traditionally, executive information systems were mainframe computer-based programs. The purpose was to package a company's data and to provide sales performance or market research statistics for decision makers, such as, marketing directors, chief executive officer, who were not necessarily well acquainted with computers. The objective was to develop computer applications that highlighted information to satisfy senior executives' needs. Typically, an EIS provides only d…
Applications
EIS helps executives find data according to user-defined criteria and promote information-based insight and understanding. Unlike a traditional management information system presentation, EIS can distinguish between vital and seldom-used data, and track different key critical activities for executives, both which are helpful in evaluating if the company is meeting its corporate objectives. After realizing its advantages, people have applied EIS in many areas, especially, in m…
Advantages and disadvantages
• Easy for upper-level executives to use, extensive computer experience is not required in operations
• Provides strong drill-down capabilities to better analyze the given information.
• Information that is provided is better understood
Future trends
This trend frees executives from learning different computer operating systems, and substantially decreases implementation costs. Because this trend includes using existing software applications, executives don't need to learn a new or special language for the EIS package.
Interactive visualizations are trending. 3D visualizations in a VR/AR environment looks like a possibility already. Also, predictive analytics open the doors for (machine) learning what is going …
See also
• Enterprise performance management
• Enterprise architecture
• Management information system
External links
• The development and use of Executive Information Systems