What is the full form of EDP?
The EDP full form is Electronic Data Processing. It pertains to the operation of commercial data operations, the management of storage records, and the usage of a computer including the electronic transmission of data from a sheet into an electronic format. It was created with the word DP (data processing). It is interchangeable with IS (Information System or Service) and MIS (Management information system or service). Here are the three levels of processing:
- The data is entered using input devices such as a digitizer, keyboards, and scanners, among others.
- Software programs handle the data via translating, implementing code, solving equations, authenticating users, etc.
- Following processing, the information reaches the consumer in the form of audio, reports, video, etc.
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A basic overview of EDP
- In 1951, LEO (Lyons Electronic Office) designed and manufactured the first commercial business system in the United Kingdom.
- It was difficult and time-consuming to prepare real-time commercial information.
- At that time, information could only have been entered using punched cards or tapes for input processing. There must be a specific necessity for these punchcards’ output.
- Initially, independent firms developed the technology, specifically data processing technology.
- As a result of the introduction of microprocessors, punch cards became obsolete, and it became possible to operate and process data digitally on inexpensive desktop computers.
Advantages of EDP
- EDP allows for the efficient retrieval of stored and organized data.
- It enables users to write or generate summary documents like as reports, invoices, and statements fast and automatically.
- EDP reduces the overall long-term cost of organizing and organizing information.
- Errors such as duplicate entries considerably decrease or eliminate duplication of effort in the electronic data processing.
- EDP collects accurate data, and the EDP tool determines its precision.
- It provides many storage devices, including secondary and primary memory.
- The EDP system avoids social work, particularly during the procedure.
