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What Does It Mean For Our Privacy, And Our Wallet?

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In the past, if we wanted to purchase goods we would have to go into the store, pick up our items, pay for them and then leave. This is still possible in our society today but, we find ourselves pressured to get “savers cards.” While modern businesses, was never really able to track who we were or what we were buying in efforts to be able to better serve us and become more efficient. While it’s great for companies implementing these policies, what does this really mean for our privacy, and our wallet?

Our lives have truly become electronically based. We can access our banking information though the internet, setup all-kinds of funds to be transfers, also purchase and sell goods. Consumer lives are being tracked and some of …show more content…

Data warehouse is where some companies and the government store all of their accumulated.
A data warehousing is defined as a collection of data designed to support management decision making. Data warehouses contains a wide variety of data that present a coherent picture of the business conditions at a single point in time. Development of a data warehouse includes development of the systems that extract data from operating systems plus the installation of the warehouse database system that provides managers flexible access to the data. The term data warehousing generally refer to the combination of many different databases across an entire enterprise. (webopidia)

In today’s society businesses accumulate all the data they can gather into the data warehouse, from which they can do data mining. This means that when we go to the grocery store and use our “saver card”, to get the tiny percent off, that store automatically tracks what you purchased and then enters it into their data warehouse. This allows the businesses to later go through that information and look for particular trends, seeing what products are popular what time of year, and as well as try figure what would we most likely to purchase. The art of looking through the data warehouse is referred to as data mining.

Data mining is a class of database applications that looks for hidden patterns in a group of data that can be

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