ADM 1370 Lecture : Module 3 Notes ADM1370
16 Apr 2013
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Document Summary
Data: raw facts that describe the characteristics of an event. Database maintains information about various types of objects. Information: data converted into a meaningful and useful context. (inventory), events (transactions), people (employees), and places (warehouses) Raw data: shares exchanged in the stock market. Data have become central and even vital to organizations. Organizations need to manage their data assets very carefully to make sure that the data are easily accessed by managers and employees across the organization. Data management is a structured approach for capturing, storing, processing, integrating, distributing, securing, and archiving data effectively throughout their life cycle. No enterprise can be effective without high quality data that is accessible when needed. Organizations with at least 1,000 knowledge workers lose ~ . 7 million annually in time wasted by employees reformatting data as they move among applications. To provide the infrastructure and tools to transform raw data into usable information of the highest quality.
