Hardware

Information processing involves four phases: input, process, output, and storage. Each of these phases and the associated devices are discussed below.
Input devices: Input devices include the keyboard, pointing devices, scanners and reading devices, digital cameras, audio and video input devices, and input devices for physically challenged users. Input devices are used to capture data at the earliest possible point in the workflow, so that the data are accurate and readily available for processing.
Processing: After data are captured, they are processed. When data are processed, they are transformed from raw facts into meaningful information. A variety of processes may be performed on the data, such as adding, subtracting, dividing, multiplying, sorting, organizing, formatting, comparing, and graphing. After processing, information is output, as a printed report, for example, or stored as files.
Output devices: Four common types of output are text, graphics, audio, and video. Once information has been processed, it can be listened to through speakers or a headset, printed onto paper, or displayed on a monitor. An output device is any computer component capable of conveying information to a user. Commonly used output devices include display devices, printers, speakers, headsets, data projectors, fax machines, and multifunction devices. A multifunction device is a single piece of equipment that looks like a copy machine but provides the functionality of a printer, scanner, copy machine, and perhaps a fax machine.
Storage devices: Storage devices retain items such as data, instructions, and information for retrieval and future use. They include floppy disks or diskettes, hard disks, compact discs (both read-only and disc-recordable), tapes, PC cards, Smart Cards, microfilm, and microfiche.
Information and Data Processing
Data processing is the input, verification, organization, storage, retrieval, transformation, and extraction of information from data. The term is usually associated with commercial applications such as inventory control or payroll. An information system refers to business applications of computers and consists of the databases, application programs, and manual and machine procedures and computer systems that process data. Databases store the master files of the business and its transaction files. Application programs provide the data entry, updating, and query and report processing. Manual procedures document the workflow, showing how the data are obtained for input and how the system's output is distributed. Machine procedures instruct the computers how to perform batch-processing activities, in which the output of one program is automatically fed into another program. Daily processing is the interactive, real-time processing of transactions. Batch-processing programs are run at the end of the day (or some other period) to update the master files that have not been updated since the last cycle. Reports are printed for the cycle's activities. Periodic processing of an information system involves updating of the master files— adding, deleting, and changing the information about customers, employees, vendors, and products.