Databases and Business Intelligence

Databases and Business Intelligence

A database is an organized collection of structured data to make it accessible, manageable and updateable. It helps you keep track of important information in a way that is easier to understand and use than unstructured documents like spreadsheets. This allows you to perform searches and analyze your data more easily. Databases are used in all areas of business and every day life. From the Yellow Pages to your household inventory and from school records to employee data, databases help us store and organize our most valuable information.

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A centralized location for your data helps you be more effective with your business processes and decision-making. It also saves time and money. As companies collect more and more data, they need to have a database platform that can handle it. Forward-thinking organizations go beyond basic data storage and transactions by leveraging a database with other computing and business intelligence tools to drive efficiency, agility, and growth.

When selecting a database platform, look for one that offers powerful data source connectors to ensure your database is ready for the growth and scale you need. You should also test the database with sample data. This will give you a chance to see if it works properly and highlight any areas where changes need to be made, such as unnecessary duplication.

Depending on the type of information your database is holding, you will need different fields in your table structures to hold related data. For example, if you are creating a table to record product sales, you will need to include the product name, price, and category description fields. Using an identifier that is unique for each product will reduce the likelihood of data inconsistencies between tables that reference them.

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