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Name : Muhammad Talha Abbasi

Reg no : 20210873

Subject : Management of information system

Level : ML-1
Topic :
Data analysis and decision making using
Information system

Presented by :
Muhammad Talha Abbasi
Introduction :
Today I'm here to talk about the importance of data analysis and
decision making using information systems. In today's world,
organizations have access to a vast amount of data, and
analyzing this data can provide valuable insights that can help
organizations make informed decisions and gain a competitive
advantage.

However, analyzing large amounts of data can be a daunting


task, and that's where information systems come in. Information
systems can help organizations manage and analyze data by
automating many of the processes involved in collecting,
cleansing, transforming, and modeling data.
Step 1: Data Collection

Data collection is the process of gathering and measuring


information on variables of interest, in an established systematic
fashion that enables one to answer stated research questions, test
hypotheses, and evaluate outcomes.

The first step in data analysis is to collect relevant data from


various sources. This data may come from internal sources such as
company databases, surveys, or external sources such as social
media, online reviews, and other sources.
Step 2: Data Cleansing

Once the data has been collected, it needs to be


cleansed to remove any errors, duplicates, or inconsistencies.
This step ensures that the data is accurate and reliable for
analysis.

Step 3: Data Transformation

After cleansing, the data needs to


be transformed into a format that can be analyzed by the
information system. This may involve converting data into a
specific format, aggregating data, or combining data from
multiple sources.
Step 4: Data Analysis

Once the data has been transformed, it can be analyzed using


various analytical tools and techniques. This may include
statistical analysis, machine learning algorithms, or data mining
techniques.

Step 5: Data Visualization and Reporting

After the analysis is complete, the results need to be presented in


a way that is easy to understand. This may involve creating
visualizations such as charts, graphs, or dashboards, and
generating reports.
Step 6: Decision Making

Finally, the insights generated from the data analysis can be


used to make informed decisions. This may include identifying
trends, predicting future outcomes, or identifying areas for
improvement.

By using information systems for data analysis and decision


making, organizations can make more informed decisions,
improve operational efficiency, and gain a competitive
advantage. However, it's important to ensure that the data
being analyzed is accurate and reliable, and that the
information system is designed to handle the specific needs of
the organization.
Conclusion :

In conclusion, data analysis and decision


making using information systems is a powerful
tool that can help organizations gain valuable
insights into their data and make informed
decisions. Thank you for your attention, and I'd
be happy to answer any questions you may
have.

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