IS 425 Lecture Notes - Lecture 3: Data Security, Master Data Management, Data Science

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This section in chapter 3 is about the nature and importance of data in is. Data is the most important of any business intelligence. Business analytics initiative, data science and business intelligence all require data. There is no specific size of data, it can be big or small. They type of data that we deal with today is big data. Data is valuable because it helps us to find new knowledge. Data is collected through many ways, such as manually through surveys and electronically through computers. Nowadays data is gathered by the help of sensors, computers, or radio frequency identification. The radio frequency identification are the networks that are based on computers. When collecting data, its quality and integrity is important. It mentions that data is very valuable, but not all data is not used. Specific data is used for specific kind of data. The master data management shows how to set the characteristics of the data definition.

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