Database Applications Essay Example | Topics and Well Written Essays - 500 words

Database Applications - Essay Example A data mart is an easy data warehouse that focuses on one area of functionality or subject like finance, marketing and sales. A single department builds and controls a data mart for the whole organization. The sources of data mart ranges from external data, central data warehouse to operational systems. The implementation of a data mart takes place in a series of steps. The first step involves the designation of the schema that initiates the data request. The construction of the physical storage before populating the data mart with source systems data follows. One then accesses the data for initiating sound decisions. Finally, there is the management of data over time. Data mining analyzes data from diverse perspectives before summarizing it into useful information. Useful information is capable of minimizing costs and increasing revenue or doing both. The analysis of data requires the application of data mining software as an analytical tool. Data mining ensures analysis of data from different angles and dimensions. It also helps in categorizing and shortening the relationships of the data identified. Data mining seems to be a new term though it is not technologically. Over the years, many companies have applied the technology of data mining to sort through through supermarket scanner volumes besides conducting market research data analysis. Business intelligence is a blanket description of all the software applications use in the analysis of the raw data of an organization. The discipline of business intelligence comprises of reporting, online analytical processing, data mining and querying. It plays a crucial role in the improvement of decision-making, cutting costs and the recognition of new business opportunities by enterprising organizations. Besides, it can help the management of business organizations in the identification of those business