The five components of an information system are hardware, software, data, people/processes and networks. Each component works together to help companies achieve their goals and objectives.
Hardware is the physical component of an information system. This includes PCs, servers, mobile devices, printers, scanners and other equipment that enables users to input data into the system and process it for further use. Hardware can also be used to store large amounts of data needed for analysis or archiving purposes. The impact of hardware on business operations is significant as the availability of reliable technology helps streamline processes while improving user productivity and accuracy in decision-making.