Transaction Processing System (TPS)

Information System

One of the main benefits of the Information System (IS) lies in its ability to offer a user with data needed to undertake a task efficiently and effectively. Paper records and computer databases provide data, while the information system provides appropriate data about every user’s responsibility in the best format that is suited for the user. For a user to gain maximum benefit from their firm’s information system, they have to exploit all capacities of IS. Nonetheless, to increase the effectiveness of an Information System, a user should either use the data in a new way or add more data to make the processed information more accurate. Therefore, this essay seeks to discuss two IS-related solutions that were discussed during module 3. The IS-related solutions include Transaction Processing System (TPS) and Cloud Computing.

Transaction Processing System

A Transaction Processing System (TPS) is a type of Information processing system designed for business transactions and entails the collection retrieval and modification of all transaction information (Milne, 2017). The system will be essential for my firm since it monitors all transaction programs. TPS is crucial when a product is sold through the internet because it gives time for the delay between when a product is being sold to the time when it is purchased. A good example is when selling sporting event receipts. While the client is feeling out their data or information to buy the seat voucher, the transaction processing system will be holding the ticket so that other clients will not be able to purchase it. Features of the Transaction Processing System include consistency, reliability, and performance. TPS offers rapid response because a business may not afford to have their clients wait for long before making their transactions. TPS is also reliable since if it were to breakdown, the company might lose a massive portion of revenue because clients will not be able to purchase products from the firm.

Cloud Computing

Cloud Computing is described as the process of delivering on-demand computer services, starting with the application, storage, all through to the processing power of the internet based on the pay as you leave basis (Borowiec& Noonan, 2017). Instead of owning a data center or computer infrastructure, the firm may opt to rent access to anything that ranges from applications to storage of data using a cloud service provider. The fundamental concept that is behind cloud computing is that service location and also operating system or hardware that is running tend to be mostly irrelevant to a given user. For most clients, the location of the data and services is one of the critical issues for their operations. One of the benefits of using services of cloud computing is that companies may avoid paying an upfront cost, as well as preventing the complexity of maintaining an IT infrastructure but pay for what they are using. For that reason, cloud computing services are essential because they can offer economies of scale through the provision of similar services to a wide range of clients.

Cloud computing services cover a wide range of options; basics of storage, processing power, networking, artificial intelligence, standard office application, and natural language processing(Borowiec& Noonan, 2017). Most services that an organization does not physically require their services can be stored through computer hardware and delivered to them when they need through the cloud. Constructing infrastructure that supports cloud computing is now accounting for a third of the globe’s IT spending. On the other hand, spending on in-house IT has continued to decrease since most workloads are now being moved to the clouds.

 

 

 

 

References

Borowiec, B. P., & Noonan, T. W. (2017). U.S. Patent No. 9,716,755. Washington, DC: U.S. Patent and Trademark Office.

Milne, B. P. (2017). U.S. Patent No. 9,792,636. Washington, DC: U.S. Patent and Trademark Office.

 

 


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