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Explore the world of Transaction Processing Systems (TPS) and learn about its role in managing data transactions within enterprises. Discover the characteristics, qualifiers, and cycle of TPS, as well as different types like batch and real-time processing systems.
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TRANSACTION PROCESSING SYSTEM & ITS APPLICATIONS Presenters: Pankaj Soni Karan Bhatia AkhilSaxena DikshiJindal Fanish Kumar
TPS • TPS is a type of information system that collects, stores, modifies and retrieves the data transactions of an enterprise. • A transaction is an event that generates or modifies data that is eventually stored on an information system. • TPSs are aimed at improving the routine business activities on which all organizations depend. • Transaction processing, the set of procedures for handling the transactions, often includes the activities like calculation, storage and retrieval, classification, summarization, sorting.
CHARACTERSTICS OF TPS • Rapid Response • Reliability • Inflexibility • Data life -line
CHARACTERISTICS OF TPS.. • Controlled access • Link between organization & external entities • Standardization • Routine-natured
TRANSACTIONS PROCESSING QUALIFIERS • In order to qualify as a TPS, transactions made by the system must pass the ACID test. • Atomicity • Consistency • Isolation • Durability
TRANSACTION PROCESSING CYCLE • Transaction processing systems generally go through a five-stage cycle of 1) Data entry activities 2) Transaction processing activities 3) File and database processing 4) Document and report generation 5) Inquiry processing activities.
TYPES OF TRANSACTION PROCESSING SYSTEMS • Batch Transaction Processing • Examples:- • Cheque Clearance • Bill Generation • Credit Card Transactions
REAL-TIME TRANSACTION PROCESSING • Main disadvantage of RTTP is the hardware and software costs exceed batch. • Two main concerns:- • Concurrency • Atomicity • Examples of RTTP :- • Reservation Systems • Pos Terminals • Library Loan System