ADM 1370 Study Guide - Final Guide: Digital Asset Management, Foreign Key, Data Redundancy
Document Summary
Data: raw facts that describe the characteristics of an event. Information: data converted into a meaningful and useful context. Database maintains information about various types of objects, events, people and places. Data vs information: raw data shares exchanged in the stock market and information. How did the stock perform and comparing it to other stocks. Organizations need to manage their data assets very carefully to make sure that the data is easily accessed by managers and employees across the organization. Database: transactional data: airline ticket, sales receipt, packing slip, analytical information: product statistics, sales projections, future growth, trends. Online analytical processing, processing, online transaction processing. Data management is an approach for capturing, storing, processing, integrating, distributing, securing, and archiving data throughout their life cycle. Data sources/ data bases, data storage, data analysis, results, solutions, etc. Principle of 90/90 data use (rarely accessed after 90 days) Principle of data in context (get the data now, generates actionable data)