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In 1961, the company changed its name to Automatic Data Processing, Inc. (ADP), and began using punched card machines, check printing machines, and mainframe computers. ADP went public in 1961 with 300 clients, 125 employees, and revenues of approximately US$400,000. [3] The company established a subsidiary in the United Kingdom in 1965.
A data processing system is a combination of machines, people, and processes that for a set of inputs produces a defined set of outputs. The inputs and outputs are interpreted as data, facts, information etc. depending on the interpreter's relation to the system. A term commonly used synonymously with data or storage (codes) processing system ...
Electronic data processing ( EDP) or business information processing can refer to the use of automated methods to process commercial data. Typically, this uses relatively simple, repetitive activities to process large volumes of similar information. For example: stock updates applied to an inventory, banking transactions applied to account and ...
Robotic process automation ( RPA) is a form of business process automation that is based on software robots (bots) or artificial intelligence (AI) agents. [1] RPA should not be confused with artificial intelligence as it is based on automotive technology following a predefined workflow. [2] It is sometimes referred to as software robotics (not ...
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it currently lacks a track record of revenue and profit. But ...
Automated decision-making ( ADM) involves the use of data, machines and algorithms to make decisions in a range of contexts, including public administration, business, health, education, law, employment, transport, media and entertainment, with varying degrees of human oversight or intervention. ADM involves large-scale data from a range of ...
AIDC is also commonly referred to as "Automatic Identification", "Auto-ID" and "Automatic Data Capture". AIDC is the process or means of obtaining external data, particularly through the analysis of images, sounds, or videos. To capture data, a transducer is employed which converts the actual image or a sound into a digital file. The file is ...
Informatics is the study of computational systems. [1] [2] According to the ACM Europe Council and Informatics Europe, informatics is synonymous with computer science and computing as a profession, [3] in which the central notion is transformation of information. [1] [4] In some cases, the term "informatics" may also be used with different ...