ADMS 2511 Chapter Notes - Chapter 4: Collaborative Software, Data Mining, Business Intelligence
16 Apr 2018
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Document Summary
When data managed properly, 1st they become information then knowledge. 1st accessing data & then analyzing than according to their need creating info. 2nd adding to the info their expertise to address a business problem. Good info only with- high quality data: accurate, timely, consistence, accessible, relevant. Mp3 file: data decays over time for example customers move to new addresses, companies go out of business etc, data security, quality and integrity are critical yet easily jeopardized. Business transforms data into knowledge and solutions in several ways. It starts with the collection of data from various sources. Selected data from the organizations databases is then processed to fit the format of a data warehouse or data mart. Users then access the data in the warehouse or data mart for analysis. The analysis is done with data analysis tools, which look for patterns and with intelligent systems, which support data interpretation.
