Organizational Efficiency in Managing Data Warehousing and Data Mining essays & term papers     

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Organizational Efficiency in Managing Data Warehousing and Data Mining Free Essay, Term Paper and Book Report

Prior to the advent of computerized databases, maintaining customers and suppliers information involved collecting paper files. These files would eventually require obtaining space to address the accumulation of paper and boxes. Storage comes at a cost, usually in terms of rent. One of a firm's primary concerns is to minimize costs, including those costs that could possibly occur in the future. Fire and water damage to paper files is an additional consideration and expense. One of a firm's obligations is to consider those contingencies, and virtually eliminate such a disaster. For many firms, contingency planning is involved and costly. The files' importance cause firms to heavily consider these matters. The data contained in files contain insight that a firm must collect for the sake of recordkeeping and decision making. Since business managers make decisions based on these records, data accessibility needs to be fast and relevant to their search. Data mining is the act of collecting data for analytical purposes, and in turn making decisions. Data warehousing is the colle......

Word Count: 1577
Page Count: 6.3  (250 words a page / double spaced)

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