Data processing is the method of collecting raw data and translating it into usable information. It is usually performed in a step-by-step process by a team of data scientists and data engineers in an organization. The raw data is collected, filtered, sorted, processed, analyzed, stored and then presented in a readable format.
Application software is a term which is used for software created for a specific purpose. It is generally a program or collection of programs used by end users. It can be called an application or simply an app.
Computer storage is an electronic memory device; "a memory and the CPU form the central part of a computer to which peripherals are attached".