Examine the capabilities of a database management system and further discuss how such capabilities give a company a competitive advantage.
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Examine the capabilities of a database management system and further discuss how such capabilities give a company a
competitive advantage.
Step by step
Solved in 2 steps
- When it comes to managing data as a business resource in a company, what function does database technology play?Discuss the uses of databases in a business environment?How have the Internet, intranets, and extranets affected the types and uses of data resources available to business professionals? What other database trends are also affecting data resource management in business. The Internet is the driving force behind devlopments in telecommunications, networks, and other information technologies. Do you agree or disagree? Why?
- Describe the concept of data warehousing and how it differs from traditional databases. What are the key components of a data warehousing architecture?What is the purpose of a database? What is so special about a database that sets it apart from spreadsheets and collections of documents and makes it so much better than the alternatives?Explore the concept of data warehousing and its role in business intelligence. How do data warehouses differ from operational databases, and what are their key components?
- 2. Provide and describe five examples of how database management systems can help businesses to become more effective?Explain the concept of data management in the context of modern businesses, highlighting its significance.Explain the concept of data warehousing and how it differs from traditional databases.
- Describe the concept of data warehousing and its importance in modern business intelligence. What are the key components and challenges associated with data warehousing?Describe the role of Data Visualization and what entails? What are the best practices and tools used for this phase? Please provide specific examples from one of the core business areas.Analyze the impact of data silos within organizations and propose strategies to break down these silos for improved data management.