information management

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Related to informatics: Nursing informatics, Health informatics

information management

the process of gathering, processing and interpreting data both from the firm's external environment and from inside the firm, generally using the information technology provided by COMPUTERS.

All business functions such as production, marketing and distribution involve both physical tasks and parallel information-processing activities. Computers, communications devices and other information technology hardware can be deployed to perform routine accounting, record keeping and order processing functions cheaply and efficiently In addition to these basic data-processing tasks, information technology has enabled firms to collect more data than previously could be handled by the firm and subject it to more detailed analysis. This has the advantage of dovetailing production, marketing and distribution activities within the firm. In addition, greater communication with customers and suppliers through their computers facilitates closer relationships with these customers and suppliers, leading to, for example, just-in-time production and supply (see JUST-IN-TIME (JIT) SYSTEM). Such information technologies as COMPUTER-AIDED DESIGN and COMPUTER-AIDED MANUFACTURE facilitate the rapid development of new products or modification of existing products and the prompt production of such products through FLEXIBLE MANUFACTURING SYSTEMS, thereby allowing the firm to gain a COMPETITIVE ADVANTAGE by responding rapidly to changing customer requirements. See COMMUNICATION, BUSINESS PROCESS RE-ENGINEERING, INTERNET, ECOMMERCE, WORLD WIDE WEB, CUSTOMER RELATIONSHIP MANAGEMENT.

References in periodicals archive ?
Nursing informatics approach to analyzing staffing effectiveness indicators.
NLM's biomedical informatics research grants support the study of how information is best captured, represented, stored, retrieved, manipulated, managed and disseminated for use in these kinds of activities.
In the following section, the introduction and integration of telemedicine into a medical informatics curriculum is discussed and a framework for the design of a course is being presented.
Informatics helps clinicians, leaders, and managers learn to use information processing and communication technologies in much the same way that someone is taught to drive an automobile.
Sadly, however, much of the innovative research work in medical informatics and many of the excellent academic health science center libraries are in universities without programs in LIS education(6) or in universities which have closed their LIS programs.
BioTeam's iNquiry software platform allows for the rapid deployment of a ready-to-use cluster and web portal optimized for use in life science informatics settings.
Enterome uses Amazon Web Services for storing and managing metagenomic data, via Core Informatics, for the development of novel drugs and diagnostics to support personalized therapies in microbiome-related diseases.
The annual awards gala, held this year in downtown Toronto, honors individuals and organizations that demonstrate leadership, excellence and high levels of service within the Canadian health informatics community.
The extensive customer base, leading product portfolio and outstanding domain expertise make Tripos Discovery Informatics a terrific platform from which to build our investment in the sector," said Amish Mehta, a Partner at Vector Capital.
The American Medical Informatics Association(AMIA) spearheaded the new clinical informatics subspecialty, working for more than five years to define and help create the discipline with the goal of advancing the field and the role of informaticians in improving healthcare.
McAlister added, "In January 2006, we announced that Tripos had engaged investment bankers to assist the board in evaluating a range of strategic alternatives for the company, including mergers and acquisitions, becoming a private company, and separating its informatics and research businesses.
Competitor Profile: Sequencing Technology Vendors -- Well-established NGS market presence -- Extensive partnerships with other NGS informatics vendor types Examples: -- Illumina -- Life Technologies Products: -- NGS instruments and consumables -- Informatics solutions that are developed specifically for their platforms -- Cloud-based platforms

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