Definition Of Transaction Processing Systems (TPS)

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Transaction Processing Systems(TPS) Definition: A transaction process system (TPS) is an information processing system for business transactions involving the collection, modification and retrieval of all transaction data.(Techopedia.com, 2017) What does a TPS do? -Transaction processing systems(TPS) gather, stock, adjust and retrieve transactions. -A transaction is an event that generates or modifies data to be stored in an information system.(Sites.google.com, 2017) Examples of Transaction Processing Systems: Payroll systems Credit card payments Order processing systems Point of Sale Practical Example Consider the example of a customer walking in to “Gamestop” today.. A customer buys a video game and pays for it with cash at the register. This event is recorded as a sale transaction. However, it also triggers other transactions. First, the amount of cash at the register has just increases. Second, the For example, some run on normal operation systems, such as Microsoft-Windows or Mac OS. Others are integrated with a cash register. There is also the very large gap in price between different TPS alternatives. That makes it very confusing and challenging to choose a suitable one that both matches business needs and comes with a reasonable price-tag. This is particularly the case when the purchaser is not an IT expert. A number of factors need to be considered when choosing a TPS. These include: The price The main infrastructure that the TPS is built upon, ranging from small special purpose machines (such as cash registers) to IBM z series mainframes The operating system that the TPS requires, ranging from mainframe systems such as OS/360, DOS/360, VAX/VMS, PDP-10, and TOPS-10 systems to simple PC systems. Their working capacity, in metrics such as maximum transaction rate Their flexibility. For example, could they be customized when installed in a particular

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