Chapter 6 - Databases and Data Warehousing-1

Chapter 6 - Databases and Data Warehousing-1 - CHAPTER6...

Info iconThis preview shows pages 1–13. Sign up to view the full content.

View Full Document Right Arrow Icon
CHAPTER 6 DATABASES AND DATA  WAREHOUSES Business Driven Information Systems 2e
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Organizational Information Information is everywhere for both individuals  and businesses Data is found in many different levels , formats and granularities  of organizational information Successfully collecting, compiling, sorting, and  analyzing information can provide insight into  how an organization is performing
Background image of page 2
Organizational Information Levels, formats, and granularities of organizational  information
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Understanding Information Information granularity Successfully collecting, compiling, sorting, and  analyzing information can provide tremendous  insight into how an organization is performing Business decisions are only as good as the quality  of the information used to make the decisions
Background image of page 4
The Value of Transactional and Analytical  Information  Daily Operations Managerial Analysis
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
The Value of Timely Information  Timeliness is an aspect of information that depends on  the situation Real-time information  – immediate, up-to-date information Examples: Real-time system  – provides real-time information in response to  query requests Examples: What types of business decisions require real time  information?
Background image of page 6
The Value of Quality Information  Business decisions are only as good as the quality of  the information used to make the decisions Can technology help you make a bad decision faster? Have you ever made a decision based on bad  information and regretted it later?
Background image of page 7

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
The Value of Quality Information  Characteristics of high-quality information include: Accuracy Completeness Consistency Uniqueness  Timeliness If you saw a newspaper ad for an  iPad  listed for $399  would you rush out to purchase one?  Cost  Efficiency
Background image of page 8
The Value of Quality Information Low quality information example
Background image of page 9

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Business Effects of Low Quality Information Inability to accurately track customers Difficulty identifying valuable customers Inability to identify selling opportunities Marketing to nonexistent customers Difficulty tracking revenue due to inaccurate invoices Inability to build strong customer relationships
Background image of page 10
Capturing/Storing Information Since the advent of business we have had the need to  store information Since the advent of computers the need to store  information has increased New methods and concepts had to be developed The most common method for storing large amounts  of data has become the database 
Background image of page 11

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Database Fundamentals Information is stored in databases Database  – maintains information about various  types of objects (inventory), events  (transactions), people (employees), and places  (warehouses)
Background image of page 12
Image of page 13
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 100

Chapter 6 - Databases and Data Warehousing-1 - CHAPTER6...

This preview shows document pages 1 - 13. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online