ITM500 Chapter Notes - Chapter 1: Business Intelligence, Breakcore, Database Administrator

• School: Ryerson University
• Department: Information Technology Management
• Course: ITM500
• Professor: All

Document Summary

Databases is the best way to store and manage data. Databases make data persistent and shareable in a secure way. Data consists of war facts, has not been processed to reveal their meaning. Information: the result of processing raw data to reveal its meaning. Information consists of transformed data and facilitates decision making. Knowledge: the body of information and facts about a specific subject. Knowledge implies familiarity, awareness, and understanding of information as it applies to an environment. A key characteristic is that new knowledge can. Summary of key points: data constitutes the building blocks of information. Information is used to reveal the meaning of data: accurate, relevant, and timely information is the key to good decision making, good decision making is the key to organizational survival in a global environment. Data management: a process that focuses on data collection, storage, and retrieval. Common data management functions include addition, deletion, modification, and listing.