ADM 1370 Lecture Notes - Lecture 1: Management System, Data Element, Data Security
23 Apr 2016
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Document Summary
Data: raw facts that describe the characteristics of an event 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. Principle of diminishing data value: data loses value as it ages. Most companies see less use for peak performance after the data is created. Principle of 90/90 data use: 90 percent of data is used before the first 90 days of it being created. Principle of data in context: data is crucial for company"s success, and requires investment in data analytics and data management systems to be used to its fullest potential. Structures approach for capturing, storing, processing, integrating, distributing, securing, and archiving data effectively throughout their life cycle. Host integrate networks, computer systems, and storage devices. Collections of data sets or records stored in a systematic way.
