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A data mart is basically a condensed and more focused version of a data warehouse that reflects the regulations and process specifications of each business unit within an organization. [2] Each data mart is dedicated to a specific business function or region. This subset of data may span across many or all of an enterprise's functional subject ...
The concept of data management arose in the 1980s as technology moved from sequential processing [ 2] (first punched cards, then magnetic tape) to random access storage . Since it was now possible to store a discrete fact and quickly access it using random access disk technology, those suggesting that data management was more important than ...
A Chief Data Officer ( CDO) is a corporate officer responsible for enterprise-wide governance and utilization of information as an asset, via data processing, analysis, data mining, information trading and other means. CDOs usually report to the chief executive officer (CEO), although depending on the area of expertise this can vary.
Master data management ( MDM) is a discipline in which business and information technology work together to ensure the uniformity, accuracy, stewardship, semantic consistency and accountability of the enterprise's official shared master data assets. [ 1][ 2]
A configuration management database ( CMDB) is an ITIL term for a database used by an organization to store information about hardware and software assets (commonly referred to as configuration items ). It is useful to break down configuration items into logical layers. [1] This database acts as a data warehouse for the organization and also ...
Data analysis is the process of inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information, informing conclusions, and supporting decision-making. [ 1] Data analysis has multiple facets and approaches, encompassing diverse techniques under a variety of names, and is used in different business, science ...
Metadata means "data about data". Metadata is defined as the data providing information about one or more aspects of the data; it is used to summarize basic information about data that can make tracking and working with specific data easier. [ 14] Some examples include: Means of creation of the data.
Data warehouse technology, which is used to aggregate transaction information, to merge the information with CRM products, and to provide key performance indicators. Opportunity management , which helps the company to manage unpredictable growth and demand and implement a good forecasting model to integrate sales history with sales projections.
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