ADM 1370 Chapter Notes - Chapter 3: Fortune 1000, Online Analytical Processing, Data Mart
Document Summary
Data and information: data raw facts that describe the characteristics of an event (number of shares sold of a stock) Data management: this is a structured approach for capturing, storing, processing, integrating, creating and achieving data effectively throughout its lifecycle. It defines the way data travels through an organization: data sources and database data storage . What is the goal of data management: to provide infrastructure and tools to transform raw data into usable high quality information. What are the challenges of data management: volume of data is increasing exponentially, data is scattered throughout the organization, data is created and used offline without quality control checks, redundant and out-of-date data creates a huge maintenance problem. Traditional file organization: when organizations began using computers, they used applications designed to be stand-alone systems, which led to problems, one for accounting, one for billing .