BISM1201 Lecture Notes - Lecture 8: Query Language, Business Process Model And Notation, Data Redundancy
Document Summary
Lecture 8: introduction to data, knowledge & business intelligence. Aims of the program, the scale of the project, and operationally how the data is captured. Also describe the term (cid:1688)big data(cid:1689: vision: to create, maintain and motivate loyal customers for their business partners. The business goal decision making must have high quality data (accurate, complete, timely, consistent, accessible, relevant, concise) The difficulties amount of data is increasing exponentially, government regulations, companies are not effectively using their business information, Data governance (an approach to managing information across an entire organisation) Master data management (a process that spans all of an organisation"s business processes and applications. The database is a fundamental concept in operationalizing master data management. Databases work with database management systems (dbms) to provide very efficient, possibly centralized access to large data sets. Data redundancy: the same data are stored in many places. Data isolation: where applications cannot access data associated with other applications.