FIT3002 Lecture Notes - Lecture 2: Data Mining, Customer Relationship Management, Financial Statement

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An intergrated view of the entire organization"s data. Decision support systems: systems that help in the analysis of business information. May collect data from an operational system or many sources. Consistency maintained over time: consistent definition. A single enterprise wide view: easily accessible. Intuitive and easy for business managers to use. Data must have a single reliable source: credible, timely. Transactions or analysis : database management systems. Design goal is performance: data warehouse systems. Design goal is ease of access and use. Data warehouse: on line transaction, on line analytical. Processing olap: focus on data trends and information. Aggregate / summary data: read write, current, large, read only, recent, very large (larger) Data warehouse: predictable, data is dynamic, repetitive processing, not predictable, data is largely static, unstructured, transaction driven processing, analysis driven. A repository providing access to integrated corporate data for management and decision support analysts.