Information Systems (IS) refer to the organized system for collecting, storing, and processing data to provide information that supports decision-making and management. They integrate technology, people, and processes to facilitate the flow of information within an organization, enhancing efficiency and productivity. These systems can range from simple databases to complex networks that support various business functions. Key components include hardware, software, data, procedures, and people. By leveraging data analytics and information technology, organizations can gain insights and improve their operations, making IS a critical aspect of modern business strategy.