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.

Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
References in periodicals archive ?
The increasing participation of key players is one of the key factors driving the Laboratory Informatics market.
At NEHA, we've identified the limitation of resources as a key hinderance to meaningful data use and informatics systems adoption.
The total revenue of the global cloud-based medical imaging informatics market is expected to remain on a very strong growth trajectory over the next few years, growing from $285.4 Million in 2016 to $830.5 Million in 2021, at an impressive compound annual growth rate of 23.8%.
Since 2001, General Informatics has been creating innovative software for PC and mobile platforms.
Over the past five to 10 years, there has been an increased emphasis on informatics education due to the demand for technological proficiency in the clinical setting.
The need for lab automation, technological advancements, rising pressure to comply with regulatory standards, and growing demand in biobanks/biorepositories, academic research institutes, and CROs are the major factors driving the growth of the Laboratory Informatics Market.
Its objectives are to discover, encourage, bring together, challenge, and give recognition to young people who are exceptionally talented in the field of informatics and to foster friendly international relationships among computer scientists and informatics educators.
Health informatics is defined by the American Nurses Association (ANA) as "the specialty that integrates nursing science with multiple information management and analytical sciences to identify, define, manage, and communicate data, information, knowledge, and wisdom in nursing practice." (ANA 2008, p.1).
Nursing Informatics (NI), defined as the blending of computer science, information science, and nursing science, has been a recognized specialty by the American Nurses Association since 1992 (American Nurses Association [ANA], 2008).
Experience and observation confirm that informatics training in pathology residency programs is often absent, or when offered, inconsistent from program to program and frequently lacking in depth, breadth, and structure, particularly in comparison to more traditional areas of pathology training.
The digital journal will be published quarterly and will include a wide variety of research studies, continuing nursing education articles, and other topics relevant to nursing informatics practice.
During the past two years, a group of registered nurses have been working together to rebuild the New Brunswick Nursing Informatics Group (NBNIG).

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